$389,200
- 4 Beds
- 3 Baths
- 2,222 sqft (on 0.49 acres)
4968 Markell Ln, Cherry Valley, IL 61016
Est. Refi. Payment $2,833/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 6, 2016 for $140,329
Home Value
Trulia Estimate
$389KSince last month
Decreased$300 (-0.1%)Since last year
Increased$22K (+5.9%)Since last sale
Increased$249K (+177.3%)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 +107% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $389K |
| July 2026 | $390K |
| June 2026 | $390K |
| May 2026 | $386K |
| April 2026 | $376K |
| March 2026 | $365K |
| February 2026 | $363K |
| January 2026 | $349K |
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 |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $345,000 | 09/15/25 | 4 | 2.5 | 2,448 | |
0.18 | Single-Family Home | $315,000 | 08/29/25 | 3 | 2.5 | 1,818 | |
0.23 | Single-Family Home | $320,000 | 04/14/26 | 3 | 2 | 2,400 | |
0.21 | Single-Family Home | $335,500 | 04/13/26 | 3 | 2 | 1,568 | |
0.51 | Single-Family Home | $311,000 | 03/02/26 | 4 | 3 | 2,788 | |
0.35 | Single-Family Home | $363,998 | 08/29/25 | 3 | 2 | 1,930 | |
0.33 | Single-Family Home | $340,000 | 10/10/25 | 3 | 2 | 2,130 | |
0.37 | Single-Family Home | $365,000 | 05/26/26 | 3 | 3.5 | 1,988 | |
0.31 | Single-Family Home | $400,000 | 11/14/25 | 3 | 2 | 1,874 | |
0.45 | 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 |
|---|---|---|---|---|---|---|
0.13 | $335,500 | 4 | 3 | 2,110 | Off Market | |
0.15 | $377,800 | 4 | 2.5 | 1,988 | Off Market | |
0.15 | $389,100 | 4 | 3 | 2,024 | Off Market | |
0.18 | $376,800 | 4 | 2.5 | 2,448 | Off Market | |
0.18 | $345,000 | 3 | 2.5 | 1,818 | Off Market | |
0.19 | $349,000 | 3 | 2.5 | 2,023 | Off Market | |
0.21 | $337,700 | 3 | 2 | 1,730 | Off Market | |
0.23 | $360,600 | 3 | 2 | 1,810 | Off Market | |
0.23 | $320,000 | 3 | 2 | 2,400 | Recently Sold | |
0.25 | $448,700 | 5 | 3.5 | 3,798 | Off Market | |
0.24 | $432,100 | 3 | 2 | 1,640 | Off Market | |
0.31 | $400,000 | 3 | 2 | 1,874 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1996
Lot Size
0.49 acres
Living Area
2,222 sqft
Price/Sqft
$175
About this House
This single-family home is located at 4968 Markell Ln, Cherry Valley, IL. 4968 Markell Ln is in Cherry Valley, IL and in ZIP code 61016. This property has 4 bedrooms, 4 bathrooms and approximately 2,222 sqft of floor space. This property has a lot size of 0.49 acres and was built in 1996.
4968 Markell Ln, Cherry Valley, IL 61016 is a 4 bedroom, 4 bathroom, 2,222 sqft single-family home built in 1996. It last sold for $140,329 on Sep 6, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $389,200, with a rent estimate of $2,994/month.
Home Details for 4968 Markell Ln
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Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Interior Details Types of Rooms: Dining Room |
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Year Built Year Built: 1996 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Vinyl, Brick |
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Units in Building: 1 |
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Lot Area: 0.49 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 6, 2016 Source: MRED as distributed by MLS GRID #09317006 | Sold | $140,329 |
Aug 24, 2016 Source: Agent Provided | Pending | $133,600 |
Aug 16, 2016 Source: Agent Provided | Listed For Sale | $133,600 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $7,318 | $324,717 |
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 4968 Markell Ln
- What is 4968 Markell Ln estimated to be worth?Trulia's estimated value for 4968 Markell Ln in Cherry Valley, IL is $389,200.
- What is the price history for 4968 Markell Ln?4968 Markell Ln in Cherry Valley, IL last sold for $140,329 in September 2016.
- 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 4968 Markell Ln have air conditioning?Yes, 4968 Markell Ln in Cherry Valley, IL has air conditioning.
- How big is the lot at 4968 Markell Ln?The lot at 4968 Markell Ln in Cherry Valley, IL is about 0.49 acres (21,527 sq ft).

