1540 Cherry Ln, Markham, IL 60428
Property image
Property image
OFF MARKET

$165,600

Trulia Estimate
as of Oct 7, 2026
  • 4 Beds
  • 1 Bath
  • 1,100 sqft

1540 Cherry Ln, Markham, IL 60428

Home Highlights

Single-Family Home
1,100 sqft
$151/sqft
Garage

Local Information

  • Map ViewExplore the area around 1540 Cherry Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Beware: We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our properties is listed there, please notify us immediately.

Gorgeous 4-bedroom, 1-bathroom apartment in Markham. This property offers 1,100 square feet of living space. You will simply love it. Fantastic location close to all types of amenities! Make this beautiful property your home. Don't miss out! Check out the 3D tour/photos and submit your application through Buildium today!
Note: Pet-friendly property with approval. A $500 refundable pet deposit and $50/month pet rent apply for the 1st pet. Additional pets require a $250 refundable deposit and $25/month pet rent per pet. This pet rent may vary depending on the amount of pets, not all pets will be allowed and will also be subject to approval based on the pet screening process.

The first Month's Rent will be required upon application approval and the Security deposit fee system (Obligo) is required to be set up and approved prior to move in. A $500 refundable pet deposit and $50/month pet rent apply for the 1st pet. Additional pets require a $250 refundable deposit and $25/month pet rent per pet will be added to the tenants ledger each month along with rent if the tenant has pets and they are allowed in the Unit/Property (Only applies for the properties that accept pets), This pet rent may vary depending on the amount of pets, not all pets will be allowed and will also be subject to approval based on the pet screening process. 625 CREDIT SCORE MINIMUM TO BE CONSIDERED (THIS SCORE DOES NOT GUARANTEE ACCEPTANCE). In some specific cases, a Co-Signer might be considered if the income or credit info is lower than our minimum requirements. If you have a voucher: please verify if the voucher is applicable for the property, we will consider the amount of bedrooms, amount of rent, deductions for utilities and zip code to determine applicability. All Voucher holders must have moving packet in hand, approved voucher for the specific county and first month rent (this will be applied toward tenant portion or credited at end of lease if the tenant has no portion). Background report submitted via Buildium app will not be viewed until credit is reviewed and approved as part of a two step process. It is the applicants responsibility to double check they have submitted the required documents for processing. Please have tenant contact lease underwriting for updates, not listing agent. TENANT SELECTION CRITERIA: - Owner will consider credit history and scores . Evictions, multiple or recent bankruptcies(from the past year or current year), utility collections, repos, auto repossessions - will NOT be accepted and they will result in an immediate decline. Income (must be documented three times monthly rent), Employment history, rental history, and references. All applicants must upload with application 3 months pay stubs. When multiple applications are received, soonest available move in date and length of lease term will also be considered factors when choosing applicants. Owner reserves right to request proof of last 6 rental payments for rental ref verification. Once approved, all the lease documents and 1st months rent payment will need to be made and complete for us to take the property off the market, otherwise we'll keep considering the next applicants in line. All other funds are required prior to move in.
1540 Cherry Ln, Markham, IL 60428 is a 4 bedroom, 1 bathroom, 1,100 sqft single-family home. More recently, it was listed as a rental in July 2026 with an asking price of $2,195 per month. That rental listing was removed on August 25, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $165,600, with a rent estimate of $2,273/month.

Home Details for 1540 Cherry Ln

Interior Features

Heating & Cooling
Heating: Central, Forced AirAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Central
Appliances & Utilities
DryerRefrigeratorWasher

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Exterior Features

Parking & Garage
GarageParking: Detached Garage, On Site

Comparable Sales for 1540 Cherry Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Single-Family Home
$89,000
03/30/26
3
1
1,036 sqft
0.03
Single-Family Home
$195,000
03/23/26
3
1
1,040 sqft
0.04
Single-Family Home
$90,000
02/05/26
3
1
1,036 sqft
0.08
Single-Family Home
$80,000
08/14/26
3
1
1,100 sqft
0.07
Single-Family Home
$80,000
01/14/26
3
1
1,040 sqft
0.09
Single-Family Home
$175,000
10/08/25
3
1
1,040 sqft
0.14
Single-Family Home
$157,000
01/12/26
3
1
1,040 sqft
0.10
Single-Family Home
$249,900
04/28/26
4
2
1,036 sqft
0.24
Single-Family Home
$195,000
07/01/26
3
1
1,067 sqft
0.24
Single-Family Home
$48,000
07/16/26
3
1
1,050 sqft

Nearby homes

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What Locals Say about Markham

At least 191 Trulia users voted on each feature.
  • 87 % Say yards are well-kept

  • 84 % Say parking is easy

  • 81 % Say car is needed

  • 72 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 66 % Say there are sidewalks

  • 61 % Say it's dog friendly

  • 57 % Say it's quiet

  • 57 % Say there's wildlife

  • 51 % Say it's walkable to restaurants

  • 50 % Say it's walkable to grocery stores

  • 45 % Say neighbors are friendly

  • 38 % Say people would walk alone at night

  • 35 % Say they plan to stay for at least 5 years

  • 32 % Say there are community events

  • 30 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Michelle Seawood
    "Nice for the most part haven’t had any problems or run in thus far. Been here 5 years don’t mind staying"
  • Felecia Polk
    "Resident here for one year and it’s not the friendliest area. Lots of cats roaming around. Abandoned homes not maintained "
  • Qiana Abercrumbie
    "Markham community council meetings. Community giveaways and barbecue events at Martin Luther King Jr Park."
  • Rachel S.
    "Bus does transport throughout the Markham areas. I have a vehicle so I don't walk throughout the neighborhood to get around."
  • Denise A.
    "I would describe my commute as being very convenient being that bus stop is on the corner of the block. "
  • Willie J.
    "it's quiet and a very nice place for you too stay drama free, your able to let your kids play outside in your yard without problems. every store is walking distance as well."
  • Nmiche128
    "This neighborhood use to be very nice and safe. It is changing more and more everyday and not for the better"
  • Maria M.
    "We have movie nights but bad potholes. Theirs churches open to the public, clean parks, good schools and there on time with cutting trees. "
  • Christian W.
    "It’s easy access to interstates. My commute is just about the same as neighboring towns. There is no safe grocery stores or shops. You have to travel to other grocery stores."
  • Ruth A. T.
    "I lived in Markham three years since my husband passed away with my daughter an d her family they been here 13 years so I'm use to the neighborhood pretty much"
  • Felicia.towns
    "Yearly neighbor Hood picnic and bbq Reunion for the people who grew up in the neighborhood.. generation"
  • Bella B.
    "I have a car so I drive to point a and to point b the walk to public transport is about three blocks or more "
  • Vianeyrodz15
    "Not a lot of children in our neighborhood mostly elderly people. Elementary school about 3-5 blocks away. "
  • Dionne A.
    "movie in the park recreation center on richmond middle school behind the house municipal / court buildings are near grocery stores near near major highways "
  • Uticasims
    "My neighborhood has great public transportation to downtown and to the city. There are three major highways that is close by."
  • Uticasims
    "my neighbors are wonderful. I love my house but not the city as much. I've been here for 15years and there have not been that much of development in the city."
  • Ron h. 4. c.
    "I lived in this neighborhood for 1yr and 14 months. it's very nice, very diverse, very peaceful, the people are nice and they actually speak to you when spoken to..."
  • Rhonda J.
    "This area is not good a lot of flooding and the Village don't care."

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Aug 25, 2026
Source: Zillow Rentals
ListingRemoved
$2,100
Aug 20, 2026
Source: Zillow Rentals
PriceChange
$2,100
Price decreased by 4%
Jul 6, 2026
Source: Zillow Rentals
Listed For Rent
$2,195

Frequently asked questions about 1540 Cherry Ln

  • What is 1540 Cherry Ln estimated to be worth?
    Trulia's estimated value for 1540 Cherry Ln in Markham, IL is $165,600.
  • Is Markham a buyer's or seller's market?
    Markham is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Markham?
    Residents describe Markham, IL as well-kept, easy to park in, and pedestrian-friendly. See recently sold homes in Markham, IL.
  • What are the closest schools to 1540 Cherry Ln?
    The closest schools to 1540 Cherry Ln in Markham, IL are Bremen High School (rated 7/10), Central Park Elementary School (Middle, rated 5/10).
  • Does 1540 Cherry Ln have air conditioning?
    Yes, 1540 Cherry Ln in Markham, IL has air conditioning.
  • Does 1540 Cherry Ln have laundry facilities?
    Yes, 1540 Cherry Ln in Markham, IL has in-unit laundry.

Homes for rent near 1540 Cherry Ln

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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