4840 S Lorel Ave, Chicago, IL 60638
OFF MARKET

$320,800

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,966 sqft

4840 S Lorel Ave, Chicago, IL 60638

Est. Refi. Payment $2,308/mo*
Refinance Your Home
Currently Off Market - Sold Jul 29, 1991 for $72,000

Home Value

Trulia Estimate
$321K
Since last month
Decreased$10K (-3%)
Since last year
Increased$26K (+8.8%)
Since last sale
Increased$249K (+345.6%)
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 +52% in the last 10 years
MonthEstimated value
2026
September 2026$321K
August 2026$332K
July 2026$331K
June 2026$335K
May 2026$317K
April 2026$304K
March 2026$303K
February 2026$287K
January 2026$283K
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
4744 S Lorel Ave, Chicago, IL
0.12
Single-Family Home
$230,000
06/03/26
3
1.5
1,126
4854 S Latrobe Ave, Chicago, IL
0.13
Single-Family Home
$289,000
10/07/25
3
1.5
1,073
4805 S Latrobe Ave, Chicago, IL
0.17
Single-Family Home
$310,000
06/04/26
3
2
1,080
4932 S Lockwood Ave, Chicago, IL
0.15
Single-Family Home
$275,000
04/06/26
3
2
1,104
5005 S Lockwood Ave, Chicago, IL
0.22
Single-Family Home
$300,000
05/15/26
4
2
1,400
4827 S Linder Ave, Chicago, IL
0.15
Single-Family Home
$416,000
08/10/26
3
2
1,212
4756 S Lockwood Ave, Chicago, IL
0.11
Single-Family Home
$265,000
04/03/26
3
1.5
714
4901 S Lorel Ave, Chicago, IL
0.07
Single-Family Home
$285,000
05/11/26
3
1
1,120
4836 S Long Ave, Chicago, IL
0.06
Single-Family Home
$515,000
06/04/26
4
3
2,219
5008 S Latrobe Ave, Chicago, IL
0.24
Single-Family Home
$100,000
12/05/25
3
1
812

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
226-228 N Lorel Ave, Chicago, IL 60638
0.02
$649,400
8
4
-
Off Market
4800 S Lorel Ave, Stickney, IL 60638
0.07
-
-
-
-
Off Market
4837 S Lorel Ave, Chicago, IL 60638
0.04
$331,300
3
1
1,021
Off Market
4810 S Long Ave, Chicago, IL 60638
0.07
$339,200
4
2.5
1,300
Off Market
4759 S Long Ave, Chicago, IL 60638
0.09
$298,300
3
1
1,412
Off Market
4836 S Long Ave, Chicago, IL 60638
0.06
$515,000
4
3
2,219
Recently Sold
4748 S Lorel Ave, Chicago, IL 60638
0.11
$354,800
3
2
1,463
Off Market
4821 S Lotus Ave, Chicago, IL 60638
0.09
$70,000
-
-
-
Recently Sold
4815 S Lotus Ave, Chicago, IL 60638
0.10
$355,000
3
1
1,842
Recently Sold
4857 S Lorel Ave, Chicago, IL 60638
0.06
$255,000
3
1
1,050
Recently Sold
4744 S Lorel Ave, Chicago, IL 60638
0.12
$230,000
3
1.5
1,126
Recently Sold
4756 S Lockwood Ave, Chicago, IL 60638
0.11
$265,000
3
1.5
714
Recently Sold

Local Information

  • Map ViewExplore the area around 4840 S Lorel Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1957
1,966 sqft
$163/sqft

About this House

This single-family home is located at 4840 S Lorel Ave, Chicago, IL. 4840 S Lorel Ave is in Chicago, IL and in ZIP code 60638. This property has 3 bedrooms, 2 bathrooms and approximately 1,966 sqft of floor space. This property has a lot size of 3780 sqft and was built in 1957.
4840 S Lorel Ave, Chicago, IL 60638 is a 3 bedroom, 2 bathroom, 1,966 sqft single-family home built in 1957. It last sold for $72,000 on Jul 29, 1991. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $320,800, with a rent estimate of $2,819/month.

Home Details for 4840 S Lorel Ave

Interior Features

Interior Details
BasementAtticNumber of Rooms: 7
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Stone

Property Information

Year Built
Year Built: 1957
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 3780 sqft

Price and Tax history

DateEventPrice
Jul 29, 1991
Source: N/A
Sold
$72,000

Market trends in Chicago

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$397K
$10.62KMoM
Sale-to-List Price
100.1%
Price per sq ft
$296
$6MoM
Available listings
5485
8MoM

Around this home

What Locals Say about Chicago

At least 29763 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 83 % Say it's dog friendly

  • 78 % Say it's walkable to restaurants

  • 76 % Say streets are well-lit

  • 72 % Say it's walkable to grocery stores

  • 66 % Say there's holiday spirit

  • 61 % Say yards are well-kept

  • 61 % Say kids play outside

  • 56 % Say parking is easy

  • 54 % Say car is needed

  • 53 % Say people would walk alone at night

  • 52 % Say neighbors are friendly

  • 51 % Say they plan to stay for at least 5 years

  • 47 % Say it's quiet

  • 41 % Say there are community events

  • 36 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Kimmel Young
    "My neighborhood is safe because you have concerned people who live here and we are a village/ community that look out for each other and help each other "
    0
    Flag
  • D798npw7hs
    "Good schools and access to markets hospitals and pet friendly "
    0
    Flag
  • Holly Armstrong
    "Dog friendly, lots of green space, a small park on our block and a large park with a dog park a half mile away"
    0
    Flag
  • Drakkara Stallworth
    "Go to housing that have porch lights on that means there candy and don’t go in apartments buildings "
    0
    Flag
  • Martin Durcan
    "Friendly families."
    0
    Flag
  • Bob
    "The people are all friendly and there is lots of diversity. The homes architecture is wonderful and a major attraction. The proximity to the lake, bike trails, sports, music and museums is so appealing."
    0
    Flag
  • Fdd4tsq7cm
    "Lotsa baby-buggy buzz, family walks Good public transportation Variety of restaurants, snacks to dining out!"
    0
    Flag
  • Andrea
    "I use to own this property, very nice neighborhood, nearby park has lots of activities. Neighbors are friendly. Near public transportation "
    0
    Flag
  • Shelonj
    "Know all of the other parents and people in the neighborhood to watch out for the children. Keep communicating open. "
    0
    Flag
  • Trulia User
    "Proximity to grass could be better. "
    0
    Flag
  • Abbylynnneitz
    "There’s tons of dogs. Which is nice. But could be bad for unfriendly dogs that need a lot of space when passing other dogs on the sidewalk."
    0
    Flag
  • Trulia User
    "Friendly, well-kept, quiet, active block groups, tree-lined, nearby park, amenities nearby "
    0
    Flag
  • Trulia User
    "Save neighborhood , good schools "
    0
    Flag
  • Trulia User
    "Great area for pets very safe and clean"
    0
    Flag
  • Trulia User
    "Great public transportation "
    0
    Flag
  • Vmsd83
    "We have everything, it’s an amazing neighborhood to raise a family "
    0
    Flag
  • Hector.H
    "Newly built middle school on a public Chicago park. In walking distance. Plenty of quick eating spots."
    0
    Flag
  • Corinamattson
    "I alternate between a 40 minute bike ride, a 25 minute drive or a 45 minute bus to train route. All 3 are really accessible. "
    0
    Flag
  • Austinneace11
    "It’s solid. I drive and it takes about 15 Minutes. Pretty easy route! Traffic is light since I don’t drive on the highway. "
    0
    Flag
  • Trulia User
    "I like this area very much labor are friendly, sidewalk is good, a lot of restaurant and bar, it’s convenience,"
    0
    Flag
  • Jex
    "There are kids of all ages around the neighborhood. You may have trouble finding parking for school events, but public transportation is ample."
    0
    Flag
  • Kailey Oboikovitz
    "Walkable and safe. close stores. Good for families and pets and friendly. Great parks for the kids to play "
    0
    Flag
  • Trulia User
    "Kids ride around on bikes and walk around plenty! There are things going on at the local parks that keeps them busy. "
    0
    Flag
  • Corinamattson
    "Dog owners love the accessibility to parks and well lit walking areas. Other benefits are that many people own dogs nearby. "
    0
    Flag
  • LaTanya Orr
    "I was born/raised in Chicago- grew up in North Roseland. I currently live in South Shore. Love the proximity to the Lake. While there’s some economic investment happening in South Shore, still a lot could be done to improve the quality of the neighborhood. "
    0
    Flag
  • Dtcfbsydy4
    "I drive south everyday. My commute is 25 mins. It’s very easy and I don’t have to take the highway ever. "
    0
    Flag
  • Cameo Cameo
    "What makes my community events special is the way we all cooperate with one another in order to fulfill what’s needed to have the events."
    0
    Flag
  • Trulia User
    "Great neighbors and great family environment, safe neighborhood everything walking distance from your home "
    0
    Flag
  • Jatwon scott
    "My community is great, loving people fast transportation everything is close in nearby and I love how the houses and the apartments are built, especially the flats"
    0
    Flag
  • Corinamattson
    "I bike to work half of the time and drive to work the other half of the time. The commute is about 30 minutes either way."
    0
    Flag
  • John, Doe
    "Other dog owners would like Chicago due to Many other dog owners to connect with but leash walking would be highly recommended."
    0
    Flag
  • Corinamattson
    "Most folks on the block have dogs. We love it. There are so many people who walk dogs nearby and it is so friendly. "
    0
    Flag
  • Natariwilson10
    "My neighborhood has transportation Walkable area with an open tree lined suburban feeling in the city "
    0
    Flag
  • Victoria Martinez
    "It’s a heavily dog friendly city, and some owners are extremely responsible and some are not. I would caution any large green space may mean off leash dogs who are either trained very well or not at all"
    0
    Flag
  • Corina Mattson
    "I adore my neighborhood. My commute to Lakeview takes 30 minutes by car and 45 minutes by bike. We are so lucky "
    0
    Flag
  • Amaryllis Miranda
    "Every summer there’s the Puerto Rican parade, a week long carnival set up in the park (now with an entrance fee, prior years were free entrance), multiple smaller festivals and there’s always at least some type of local event in the surrounding areas to explore. "
    1
    Flag
  • H6trbrfn8j
    "Park events, festivals, outdoor events all summer long. Lake is close and lots of parks with wide open space and playgrounds "
    0
    Flag
  • Torvell Loving Tlicia Phillips
    "Loving the area and what want to have a good time and do what I’ve been for the family, chicago is my home, and I want to make the best out of it the way I can."
    0
    Flag
  • Shawn Daniels
    "Many festivals and community events. Beach is walking distance , peaceful and very safe. Summer time "
    1
    Flag
  • Trulia User
    "North Park Community Market is wonderful with live music and local restaurants and vendors. The Bryn Mawr Block Party is getting better every year!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4840 S Lorel Ave

  • What is 4840 S Lorel Ave estimated to be worth?
    Trulia's estimated value for 4840 S Lorel Ave in Chicago, IL is $320,800.
  • What is the price history for 4840 S Lorel Ave?
    4840 S Lorel Ave in Chicago, IL last sold for $72,000 in July 1991.
  • What are the closest schools to 4840 S Lorel Ave?
    The closest schools to 4840 S Lorel Ave in Chicago, IL are Charles J Sahs Elementary School (Pre-K/Middle, rated 7/10), Reavis High School (rated 6/10).
  • Does 4840 S Lorel Ave have air conditioning?
    Yes, 4840 S Lorel Ave in Chicago, IL has air conditioning.
  • How big is the lot at 4840 S Lorel Ave?
    The lot at 4840 S Lorel Ave in Chicago, IL is about 0.09 acres (3,780 sq ft).

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