505 N  4th St, Cornell, IL 61319
Property image
Property image
OFF MARKET

$109,000

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,584 sqft (on 0.39 acres)

505 N 4th St, Cornell, IL 61319

Currently Off Market - Sold Nov 7, 2023 for $40,000

Home Value

Trulia Estimate
$109K
Since last month
Decreased$13K (-10.9%)
Since last year
$0 (0%)
Since last sale
Increased$70K (+174.8%)
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 +66% in the last 10 years
MonthEstimated value
2026
August 2026$110K
August 2026$109K
July 2026$123K
June 2026$120K
May 2026$123K
April 2026$111K
March 2026$108K
February 2026$108K
January 2026$103K
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
0.19
Single-Family Home
$90,000
01/12/26
3
1
1,050
0.35
Single-Family Home
$82,000
03/30/26
3
1
848
0.46
Single-Family Home
$160,000
02/18/26
3
1
1,181
0.30
Single-Family Home
$135,500
08/06/26
2
1
1,192

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
0.14
$133,800
2
1
899
Off Market
0.15
$172,300
5
2
2,764
Off Market
0.15
$164,000
3
1
2,275
Off Market
0.16
$143,200
2
1
957
Off Market
0.13
$194,600
2
1.5
1,525
Off Market
0.13
$293,900
3
2
1,800
Off Market
0.18
-
3
-
2,028
Off Market
0.18
$147,700
2
1.5
1,160
Off Market
0.19
$90,000
3
1
1,050
Recently Sold
0.18
$156,200
3
1
1,248
Off Market
0.21
$198,400
3
2
1,916
Off Market

Local Information

  • Map ViewExplore the area around 505 N 4th St.
  • Schools1 Preschool School1 Elementary School1 Middle School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
0.39 acre lot
1,584 sqft
$69/sqft
Garage

About this House

Great investment opportunity that needs a little TLC. Two-story home with 3 bedroom, 1.5 bathrooms with laundry in downstairs half-bath, eat-in kitchen,dining room and living room. Newer gas furnance, energy-efficient gas water heater and 100 amp breaker panel on a large lot close to park and school.
505 N 4th St, Cornell, IL 61319 is a 3 bedroom, 2 bathroom, 1,584 sqft single-family home built in 1900. It last sold for $40,000 on Nov 7, 2023 (20% below the $49,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $109,000, with a rent estimate of $1,369/month.
Last check for updates: about 14 hours ago
Listed by Terrance Sullivan, ABR,CRB,CRS,GRI,SFR,SRES,SRS, (815) 842-1400
Lyons Sullivan Realty Inc
Bought with: David Wayman, GRI, (815) 674-2552, R.E. Dynamics
Source: MRED as distributed by MLS GRID, MLS#11871261

Home Details for 505 N 4th St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1584 Square Feet
Appliances & Utilities
Appliances: Gas Water HeaterLaundry: In Bathroom
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Gas & Electric
Electric: Circuit Breakers, 100 Amp Service
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Gravel,On Site,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 08081133400200

Price & Status

Price
List Price: $49,900
Status Change & Dates
Off Market Date: Tue Oct 24 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: CornellCommunity: Not Applicable
School Information
Elementary School: Cornell Elementary SchoolElementary School District: 426Jr High / Middle School: Flanagan Cornell Jr HighJr High / Middle School District: 426High School: Flanagan-Cornell High SchoolHigh School District: 74

Building

Building Area
Building Area: 2534 Square Feet

Community

Community Features: Sidewalks, Street Lights, Street Paved

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.39 acres

Listing Info

Special Conditions: Real Estate Owned

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11871261Back On Market Date: Mon Sep 11 2023

Additional Information

SidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Nov 7, 2023
Source: MRED as distributed by MLS GRID #11871261
Sold
$40,000
May 3, 2011
Source: MRED as distributed by MLS GRID #09464468
Sold
$32,000

Market trends in Cornell

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
5

Around this home

What Locals Say about Cornell

At least 1 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say kids play outside

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 67 % Say it's dog friendly

  • 50 % Say there are community events

  • 50 % Say it's quiet

  • 38 % Say neighbors are friendly

  • 33 % Say there's wildlife

  • 25 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Meagan M.
    "no-one leashes their dogs and there's a lot of attacks. there's a lot of feral cats too. not a lot of residents keep up on vet care or vaccinations"

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Frequently asked questions about 505 N 4th St

  • What is 505 N 4th St estimated to be worth?
    Trulia's estimated value for 505 N 4th St in Cornell, IL is $109,000.
  • What is the price history for 505 N 4th St?
    505 N 4th St in Cornell, IL last sold for $40,000 in November 2023.
  • Is Cornell a buyer's or seller's market?
    Cornell is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 505 N 4th St?
    The closest schools to 505 N 4th St in Cornell, IL are Cornell Elementary School (Pre-K/Middle, rated 7/10).
  • Does 505 N 4th St have air conditioning?
    Yes, 505 N 4th St in Cornell, IL has air conditioning.
  • Does 505 N 4th St have laundry facilities?
    Yes, 505 N 4th St in Cornell, IL has laundry facilities.

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