$280,600
- 3 Beds
- 1 Bath
- 1,376 sqft
501 Illinois St, Lemont, IL 60439
Est. Refi. Payment $1,989/mo*
Refinance Your HomeCurrently Off Market - Sold May 19, 2023 for $125,000
Home Value
Trulia Estimate
$281KSince last month
Increased$3K (+1.1%)Since last year
Increased$19K (+6.9%)Since last sale
Increased$166K (+132.4%)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 +26% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $291K |
| July 2026 | $287K |
| May 2026 | $325K |
| April 2026 | $300K |
| March 2026 | $277K |
| February 2026 | $262K |
| January 2026 | $267K |
2025 | |
2024 | |
2023 | |
2020 | |
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 | Lot/Land | $220,000 | 07/21/26 | - | - | ||
1.36 | Lot/Land | $625,000 | 07/23/26 | - | 1,440 | ||
1.12 | Lot/Land | $87,000 | 08/13/26 | - | - | ||
1.02 | Lot/Land | $200,000 | 07/14/26 | - | - | ||
1.23 | Lot/Land | $575,000 | 11/18/25 | - | - | ||
1.74 | Lot/Land | $95,000 | 05/01/26 | - | - | ||
1.44 | Lot/Land | $310,000 | 07/16/26 | - | - | ||
1.86 | Lot/Land | $225,000 | 04/16/26 | - | - | ||
1.60 | Lot/Land | $696,000 | 09/23/25 | - | - | ||
1.59 | Lot/Land | $759,000 | 11/20/25 | - | - |
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 |
|---|---|---|---|---|---|---|
0.06 | $275,000 | - | - | - | For Sale | |
0.09 | $849,000 | - | - | - | For Sale | |
0.12 | $486,100 | 3 | 2.5 | 2,000 | Off Market | |
0.08 | $198,700 | 2 | 1 | 752 | Off Market | |
0.09 | $410,100 | 4 | 2 | 1,876 | Off Market | |
0.12 | $422,100 | 3 | 1 | 2,000 | Off Market | |
0.11 | $349,600 | 2 | 2 | 1,513 | Off Market | |
0.11 | $554,200 | 4 | 2 | - | Off Market | |
0.13 | $466,900 | 5 | 2 | 2,450 | Off Market | |
0.11 | $243,900 | 2 | 1 | 631 | Off Market | |
0.14 | $462,700 | 4 | 3 | 1,650 | Off Market | |
0.13 | $455,000 | 3 | 2 | 1,863 | Recently Sold |
Local Information
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Home Highlights
Property Type
Lot/Land
Year Built
1893
Living Area
1,376 sqft
Price/Sqft
$204
Parking
Garage
About this House
Here is a great opportunity for New Development in Downtown Lemont. Lemont will be one of the great destinational Towns to Visit. Don''t miss Out. This is one of 3 parcels of land that must be assembled. Call Broker for much more info..
501 Illinois St, Lemont, IL 60439 is a 3 bedroom, 1 bathroom, 1,376 sqft lot/land built in 1893. It last sold for $125,000 on May 19, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $280,600, with a rent estimate of $2,234/month.
Home Details for 501 Illinois St
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Heating & Cooling Heating: GasHeating Fuel: Gas |
Interior Details Number of Rooms: 6 |
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Exterior Home Features Roof: Shake ShingleExterior: Wood |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1893 |
Property Type / Style Property Type: Lot LandArchitecture: Ranch / Rambler |
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Units in Building: 1 |
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Lot Area: 4647 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 19, 2023 Source: MRED as distributed by MLS GRID #11738259 | Sold | $125,000 |
Apr 1, 2023 Source: MRED as distributed by MLS GRID #11738259 | Pending | $150,000 |
Mar 16, 2023 Source: MRED as distributed by MLS GRID #11738259 | Listed For Sale | $150,000 |
Jul 6, 2015 Source: Agent Provided | ListingRemoved | $199,000 |
Apr 8, 2015 Source: Agent Provided | Listed For Sale | $199,000 |
Sep 11, 1995 Source: N/A | Sold | $110,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | Unavailable | $119,740 |
Home facts updated by county records
Market trends in Lemont
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
73
7MoM
Around this home
What Locals Say about Lemont
At least 135 Trulia users voted on each feature.
88 % Say it's dog friendly
85 % Say car is needed
85 % Say parking is easy
83 % Say yards are well-kept
78 % Say there's holiday spirit
77 % Say people would walk alone at night
71 % Say kids play outside
68 % Say it's quiet
67 % Say there are sidewalks
64 % Say there's wildlife
63 % Say neighbors are friendly
62 % Say they plan to stay for at least 5 years
59 % Say it's walkable to restaurants
59 % Say streets are well-lit
48 % Say it's walkable to grocery stores
42 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 501 Illinois St
- What is 501 Illinois St estimated to be worth?Trulia's estimated value for 501 Illinois St in Lemont, IL is $280,600.
- What is the price history for 501 Illinois St?501 Illinois St in Lemont, IL last sold for $125,000 in May 2023.
- Is Lemont a buyer's or seller's market?Lemont is currently a seller's market, based on recent for-sale activity.
- What do residents say about Lemont?Residents describe Lemont, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Lemont, IL.