501 E Merle Ln
Wheeling, IL 60090
- 3 Beds
- 1 Bath
- 920 sqft
3 Beds
1 Bath
920 sqft
Home Value
Trulia Estimate
$291KSince last month
Decreased$600 (-0.2%)Since last year
Increased$13K (+4.7%)Since last sale
Increased$161K (+123.5%)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
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $292K |
| July 2026 | $293K |
| June 2026 | $292K |
| May 2026 | $287K |
| April 2026 | $289K |
| March 2026 | $282K |
| February 2026 | $268K |
| January 2026 | $268K |
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 |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $350,000 | 04/08/26 | 3 | 1 | 920 | |
0.15 | Single-Family Home | $302,500 | 01/16/26 | 3 | 1 | 1,126 | |
0.30 | Single-Family Home | $316,000 | 08/04/26 | 3 | 1 | 920 | |
0.34 | Single-Family Home | $285,000 | 03/06/26 | 3 | 1 | 920 | |
0.30 | Single-Family Home | $332,000 | 08/25/25 | 3 | 1 | 972 | |
0.23 | Single-Family Home | $325,000 | 10/03/25 | 3 | 1 | 1,452 | |
0.32 | Single-Family Home | $330,000 | 03/23/26 | 3 | 1 | 1,160 | |
0.19 | Single-Family Home | $299,000 | 07/13/26 | 3 | 2 | 1,386 | |
0.40 | Single-Family Home | $335,000 | 09/10/25 | 3 | 1 | 920 | |
0.59 | Single-Family Home | $314,000 | 01/06/26 | 3 | 1 | 1,088 |
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 |
|---|---|---|---|---|---|---|
0.03 | $350,000 | 3 | 1 | 920 | Recently Sold | |
0.06 | $340,200 | 3 | 1 | 1,000 | Off Market | |
0.07 | $298,900 | 3 | 1 | 1,453 | Off Market | |
0.07 | $282,900 | 3 | 1 | 972 | Off Market | |
0.08 | $358,500 | 3 | 2 | - | Off Market | |
0.10 | $338,200 | 3 | 2 | 1,300 | Off Market | |
0.09 | $352,600 | 3 | 1 | 972 | Off Market | |
0.09 | $347,200 | 3 | 1 | 920 | Off Market | |
0.11 | $278,200 | 3 | 1 | 1,102 | Off Market | |
0.12 | $273,800 | 3 | 1 | 1,018 | Off Market | |
0.11 | $388,600 | 3 | 1.5 | 1,200 | Off Market | |
0.13 | $344,100 | 3 | 2 | 972 | Off Market |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1956
Living Area
920 sqft
Price/Sqft
$316
Parking
Garage
About this House
This single-family home is located at 501 E Merle Ln, Wheeling, IL. 501 E Merle Ln is in Wheeling, IL and in ZIP code 60090. This property has 3 bedrooms, 1 bathroom and approximately 920 sqft of floor space. This property has a lot size of 6160 sqft and was built in 1956.
501 E Merle Ln, Wheeling, IL 60090 is a 3 bedroom, 1 bathroom, 920 sqft single-family home built in 1956. It last sold for $130,500 on Nov 14, 1996. It is currently off market. The Trulia Estimate is $290,500, with a rent estimate of $2,848/month.
Home Details for 501 E Merle Ln
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Interior Details BasementAtticNumber of Rooms: 5 |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: Shake ShingleExterior: Wood |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1956 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 6160 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 14, 1996 Source: N/A | Sold | $130,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $5,449 | $190,000 |
Home facts updated by county records
Market trends in Wheeling
Last updated July 2026
Avg. sale price
$303K
$5KMoM
Sale-to-List Price
99.6%
Price per sq ft
$232
$0MoM
Available listings
73
7MoM
Around this home
What Locals Say about Wheeling
At least 306 Trulia users voted on each feature.
83 % Say it's dog friendly
77 % Say car is needed
76 % Say there are sidewalks
75 % Say parking is easy
70 % Say there's holiday spirit
69 % Say kids play outside
66 % Say it's quiet
65 % Say people would walk alone at night
61 % Say streets are well-lit
60 % Say yards are well-kept
58 % Say it's walkable to restaurants
56 % Say it's walkable to grocery stores
52 % Say they plan to stay for at least 5 years
50 % Say there's wildlife
45 % Say neighbors are friendly
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 501 E Merle Ln
Off Market Homes Near 501 E Merle Ln
Frequently asked questions about 501 E Merle Ln
- What is 501 E Merle Ln estimated to be worth?Trulia's estimated value for 501 E Merle Ln in Wheeling, IL is $290,500.
- What is the price history for 501 E Merle Ln?501 E Merle Ln in Wheeling, IL last sold for $130,500 in November 1996.
- Is Wheeling a buyer's or seller's market?Wheeling is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Wheeling?The median sale price in Wheeling is $303K. That is up $5K from the prior month.
- Does 501 E Merle Ln have air conditioning?Yes, 501 E Merle Ln in Wheeling, IL has air conditioning.
- How big is the lot at 501 E Merle Ln?The lot at 501 E Merle Ln in Wheeling, IL is about 0.14 acres (6,160 sq ft).