$585,200
- 4 Beds
- 3 Baths
- 3,190 sqft (on 0.41 acres)
4941 Markell Ln, Cherry Valley, IL 61016
Est. Refi. Payment $4,223/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 25, 2022 for $265,000
Home Value
Trulia Estimate
$585KSince last month
Increased$300 (+0.1%)Since last year
Increased$77K (+15%)Since last sale
Increased$320K (+120.8%)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 +180% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $585K |
| July 2026 | $585K |
| June 2026 | $587K |
| May 2026 | $582K |
| April 2026 | $573K |
| March 2026 | $543K |
| February 2026 | $534K |
| January 2026 | $519K |
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 |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $345,000 | 09/15/25 | 4 | 2.5 | 2,448 | |
0.17 | Single-Family Home | $320,000 | 04/14/26 | 3 | 2 | 2,400 | |
0.45 | Single-Family Home | $311,000 | 03/02/26 | 4 | 3 | 2,788 | |
0.34 | Single-Family Home | $422,500 | 12/29/25 | 4 | 3.5 | 3,248 | |
0.15 | Single-Family Home | $335,500 | 04/13/26 | 3 | 2 | 1,568 | |
0.34 | Single-Family Home | $410,000 | 09/22/25 | 3 | 3.5 | 3,300 | |
0.28 | Single-Family Home | $340,000 | 10/10/25 | 3 | 2 | 2,130 | |
0.31 | Single-Family Home | $365,000 | 05/26/26 | 3 | 3.5 | 1,988 | |
0.25 | Single-Family Home | $400,000 | 11/14/25 | 3 | 2 | 1,874 | |
0.40 | Single-Family Home | $410,000 | 03/20/26 | 3 | 2.5 | 1,997 |
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 |
|---|---|---|---|---|---|---|
0.08 | $335,500 | 4 | 3 | 2,110 | Off Market | |
0.09 | $376,600 | 4 | 2.5 | 1,988 | Off Market | |
0.09 | $389,100 | 4 | 3 | 2,024 | Off Market | |
0.13 | $380,900 | 4 | 2.5 | 2,448 | Off Market | |
0.14 | $349,000 | 3 | 2.5 | 2,023 | Off Market | |
0.15 | $348,700 | 3 | 2.5 | 1,818 | Off Market | |
0.16 | $337,700 | 3 | 2 | 1,730 | Off Market | |
0.17 | $320,000 | 3 | 2 | 2,400 | Recently Sold | |
0.18 | $432,100 | 3 | 2 | 1,640 | Off Market | |
0.20 | $360,600 | 3 | 2 | 1,810 | Off Market | |
0.21 | $448,700 | 5 | 3.5 | 3,798 | Off Market | |
0.25 | $400,000 | 3 | 2 | 1,874 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1997
Lot Size
0.41 acres
Living Area
3,190 sqft
Price/Sqft
$183
Parking
Garage
About this House
Very Desirable Cherry Valley area. Low taxes close to I-90. In close proximity to the Mall. 4 good size Bedrooms 2 full & 2 half baths. Beautiful landscaping, friendly neighborhood. New Roof, New Gutters & Downspouts 2019. New Siding 2019. New Garage Doors 2019. (approx $28,000 spent). New Paint 2021. New Carpet 2021. New Water Filtration System and Shack under the deck for extra storage. All New Appliances 2015. New Furnace and New AC 2016. Don't Miss this!!
4941 Markell Ln, Cherry Valley, IL 61016 is a 4 bedroom, 4 bathroom, 3,190 sqft single-family home built in 1997. It last sold for $265,000 on Feb 25, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $585,200, with a rent estimate of $3,471/month.
Home Details for 4941 Markell Ln
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Types of Rooms: Dining Room |
Appliances & Utilities DishwasherMicrowaveRefrigerator |
Fireplace & Spa Fireplace |
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Year Built Year Built: 1997 |
Property Type / Style Property Type: Single Family Home |
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Parking & Garage GarageParking Spaces: 3Parking: Garage Attached |
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Units in Building: 1 |
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Lot Area: 0.41 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 25, 2022 Source: NorthWest Illinois Alliance of REALTORS® #202200487 | Sold | $265,000 |
Feb 2, 2022 Source: NorthWest Illinois Alliance of REALTORS® #202200487 | Pending | $285,000 |
Nov 23, 2021 Source: NorthWest Illinois Alliance of REALTORS® #202105757 | ListingRemoved | |
Sep 30, 2021 Source: NorthWest Illinois Alliance of REALTORS® #202105757 | Listed For Sale | $289,995 |
Sep 14, 2021 Source: RANWIL | ListingRemoved | |
Sep 8, 2021 Source: RANWIL #202105757 | PriceChange | $294,900 Price decreased by 0% |
Aug 29, 2021 Source: N/A | PriceChange | $294,995 Price decreased by 2% |
Aug 21, 2021 Source: N/A | PriceChange | $299,995 Price decreased by 5% |
Aug 18, 2021 Source: N/A | PriceChange | $315,000 Price decreased by 4% |
Aug 13, 2021 Source: N/A | PriceChange | $329,000 Price decreased by 3% |
Aug 8, 2021 Source: N/A | PriceChange | $339,000 Price decreased by 3% |
Aug 4, 2021 Source: N/A | Listed For Sale | $349,000 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
May 9, 2018 Source: N/A | Sold | $210,000 |
Apr 7, 2018 Source: N/A | Pending | $224,900 |
Mar 18, 2018 Source: N/A | Listed For Sale | $224,900 |
Jan 5, 2018 Source: Agent Provided | ListingRemoved | $224,900 |
Oct 19, 2017 Source: Agent Provided | PriceChange | $224,900 Price decreased by 1% |
Aug 25, 2017 Source: Agent Provided | PriceChange | $227,900 Price decreased by 3% |
Jul 5, 2017 Source: Agent Provided | Listed For Sale | $234,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $7,102 | $301,125 |
Home facts updated by county records
Market trends in Cherry Valley
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
10
4MoM
Around this home
What Locals Say about Cherry Valley
At least 26 Trulia users voted on each feature.
93 % Say it's dog friendly
89 % Say parking is easy
82 % Say car is needed
82 % Say yards are well-kept
77 % Say kids play outside
77 % Say there's holiday spirit
71 % Say people would walk alone at night
69 % Say there are sidewalks
66 % Say there's wildlife
63 % Say it's quiet
57 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
52 % Say it's walkable to restaurants
42 % Say there are community events
41 % Say streets are well-lit
21 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 4941 Markell Ln
- What is 4941 Markell Ln estimated to be worth?Trulia's estimated value for 4941 Markell Ln in Cherry Valley, IL is $585,200.
- What is the price history for 4941 Markell Ln?4941 Markell Ln in Cherry Valley, IL last sold for $265,000 in February 2022.
- Is Cherry Valley a buyer's or seller's market?Cherry Valley is currently a seller's market, based on recent for-sale activity.
- What do residents say about Cherry Valley?Residents describe Cherry Valley, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Cherry Valley, IL.
- Does 4941 Markell Ln have air conditioning?Yes, 4941 Markell Ln in Cherry Valley, IL has air conditioning.
- How big is the lot at 4941 Markell Ln?The lot at 4941 Markell Ln in Cherry Valley, IL is about 0.41 acres (17,860 sq ft).

