4048 E  1950th Rd, Sheridan, IL 60551
OFF MARKET

$352,300

Trulia Estimate
  • Studio
  • 2,066 sqft (on 2 acres)

4048 E 1950th Rd, Sheridan, IL 60551

Est. Refi. Payment $2,566/mo*
Refinance Your Home
Currently Off Market - Sold Aug 27, 2024 for $315,000

Home Value

Trulia Estimate
$352K
Since last month
Increased$500 (+0.1%)
Since last year
Increased$2K (+0.7%)
Since last sale
Increased$37K (+11.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +79% in the last 10 years
MonthEstimated value
2026
August 2026$352K
August 2026$352K
July 2026$352K
June 2026$347K
May 2026$348K
April 2026$348K
March 2026$356K
February 2026$359K
January 2026$361K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.38
Single-Family Home
$410,000
10/30/25
3
3
2,736
0.42
Single-Family Home
$480,000
10/23/25
2
2
2,088
0.42
Single-Family Home
$480,000
10/27/25
-
2,088
1.73
Single-Family Home
$270,000
01/07/26
3
1.5
2,058
1.37
Single-Family Home
$103,000
10/07/25
-
-
2.60
Single-Family Home
$250,000
08/17/26
3
2
1,312
2.63
Single-Family Home
$120,000
01/08/26
4
2.5
2,100
3.34
Single-Family Home
$230,500
04/28/26
4
1
2,177
2.76
Single-Family Home
$70,000
05/11/26
3
1
1,040
3.62
Single-Family Home
$519,000
11/06/25
-
1,948

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.38
$418,200
3
3
2,736
Off Market
0.40
-
-
-
-
Off Market
0.42
$490,100
2
2
2,088
Off Market
0.55
-
-
-
-
Off Market
1.14
-
-
-
-
Off Market
1.24
$503,500
3
3.5
2,584
Off Market
1.26
-
-
-
-
Off Market
1.32
$365,000
5
1
1,804
For Sale
1.45
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 4048 E 1950th Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1950
2 acre lot
2,066 sqft
$171/sqft

About this House

This single-family home is located at 4048 E 1950th Rd, Sheridan, IL. 4048 E 1950th Rd is in Sheridan, IL and in ZIP code 60551. This property has approximately 2,066 sqft of floor space. This property has a lot size of 2.00 acres and was built in 1950.
4048 E 1950th Rd, Sheridan, IL 60551 is a studio, 2,066 sqft single-family home built in 1950. It last sold for $315,000 on Aug 27, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $352,300, with a rent estimate of $2,271/month.

Home Details for 4048 E 1950th Rd

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 2.00 acres

Price and Tax history

DateEventPrice
Aug 27, 2024
Source: N/A
Sold
$315,000

Market trends in Sheridan

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
7
3
MoM

Around this home

What Locals Say about Sheridan

At least 8 Trulia users voted on each feature.
  • 92 % Say parking is easy

  • 87 % Say it's dog friendly

  • 85 % Say yards are well-kept

  • 79 % Say car is needed

  • 78 % Say there's holiday spirit

  • 73 % Say it's quiet

  • 67 % Say people would walk alone at night

  • 64 % Say there's wildlife

  • 63 % Say they plan to stay for at least 5 years

  • 54 % Say there are community events

  • 49 % Say neighbors are friendly

  • 47 % Say it's walkable to restaurants

  • 44 % Say it's walkable to grocery stores

  • 40 % Say kids play outside

  • 29 % Say there are sidewalks

  • 25 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Darlene
    "Church sponsored events, library and events, school programs and stuff, 4th of July parade, Halloween "
  • Marcia
    "If you like the peaceful serenity of country living, some space between you and your neighbors (even if they are great), and don't mind driving a little to do your shopping, Sheridan is wonderful! If you have to have night clubs, Starbucks around every corner, and all the conveniences of modern city living just a few steps away, this area is not for you. Personally, I prefer peace over convenience."

LGBTQ Local Legal Protections

Frequently asked questions about 4048 E 1950th Rd

  • What is 4048 E 1950th Rd estimated to be worth?
    Trulia's estimated value for 4048 E 1950th Rd in Sheridan, IL is $352,300.
  • What is the price history for 4048 E 1950th Rd?
    4048 E 1950th Rd in Sheridan, IL last sold for $315,000 in August 2024.
  • Is Sheridan a buyer's or seller's market?
    Sheridan is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Sheridan?
    Residents describe Sheridan, IL as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Sheridan, IL.
  • How big is the lot at 4048 E 1950th Rd?
    The lot at 4048 E 1950th Rd in Sheridan, IL is about 2 acres.

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