508 Chicago Rd, Newark, IL 60541
Property image
Property image
OFF MARKET

$431,000

Trulia Estimate
  • 6 Beds
  • 3 Baths
  • 3,500 sqft (on 1.62 acres)

508 Chicago Rd, Newark, IL 60541

Refinance Your Home
Currently Off Market - Sold Aug 2, 2016 for $200,000

Home Value

Trulia Estimate
$431K
Since last month
Increased$2K (+0.5%)
Since last year
Increased$25K (+6.1%)
Since last sale
Increased$231K (+115.5%)
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 +113% in the last 10 years
MonthEstimated value
2026
August 2026$431K
July 2026$429K
June 2026$434K
May 2026$431K
April 2026$416K
March 2026$417K
February 2026$396K
January 2026$389K
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
3 Oak Ridge Dr, Newark, IL
0.23
Single-Family Home
$465,000
02/26/26
5
2.5
3,579
218 N Johnson St, Newark, IL
0.39
Single-Family Home
$285,000
08/14/26
3
2
1,350
1 Coy Park Dr, Newark, IL
0.17
Single-Family Home
$295,000
05/07/26
3
1
1,400
908 E Main St, Newark, IL
0.46
Single-Family Home
$218,000
09/10/25
2
1.5
1,315
302 E State Route 71, Newark, IL
0.47
Single-Family Home
$179,900
12/23/25
3
2
1,344
2 N Van Buren St, Newark, IL
0.43
Single-Family Home
$217,500
05/14/26
3
1
1,200
108 N Van Buren St, Newark, IL
0.35
Single-Family Home
$150,000
02/26/26
2
1
936
506 E Rennesoy Dr, Newark, IL
0.90
Single-Family Home
$330,000
10/24/25
4
2
1,500
408 S East St, Newark, IL
0.74
Single-Family Home
$85,000
02/27/26
3
1.5
1,300
2983 N 4201st Rd, Sheridan, IL
1.51
Single-Family Home
$590,000
10/15/25
5
3.5
2,795

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
25 Coy Park Dr, Newark, IL 60541
0.17
$313,200
3
2
1,600
Off Market
1 Coy Park Dr, Newark, IL 60541
0.17
$295,000
3
1
1,400
Recently Sold
4 Coy Park Dr, Newark, IL 60541
0.21
$305,200
4
2
1,100
Off Market
35 Coy Park Dr, Newark, IL 60541
0.23
$333,000
3
2
1,772
Off Market
3 Oak Ridge Dr, Newark, IL 60541
0.23
$465,000
5
2.5
3,579
Recently Sold
1 Oak Ridge Dr, Newark, IL 60541
0.26
$292,500
3
2.5
1,544
Off Market
38 Coy Park Dr, Newark, IL 60541
0.28
$384,400
3
3
2,196
Off Market
112 N Union St, Newark, IL 60541
0.29
$228,100
2
1
1,000
Off Market
208 Chicago Rd, Newark, IL 60541
0.31
$248,000
4
1.5
1,904
Off Market
108 N Van Buren St, Newark, IL 60541
0.35
$150,000
2
1
936
Recently Sold
403 E Main St, Newark, IL 60541
0.37
$447,300
3
3
2,400
Off Market
401 E Main St, Newark, IL 60541
0.38
$617,200
4
3
4,643
Off Market

Local Information

  • Map ViewExplore the area around 508 Chicago Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
1.62 acre lot
3,500 sqft
$123/sqft

About this House

This Vintage Victorian truly one of a kind! The 1.6 acre lot w/magnificent mature trees that shade the home, & fields behind for privacy! Convenient "In-Town" location near schools, has easy access to Rt 71. The original oak woodwork is beautiful, as are the built-in pocket doors, oak floors, & leaded glass windows! The formal dining room has built-ins & a leaded glass windows. The family room has a fireplace, & doors off both sides to the deck. The kitchen has new flooring, freshly painted cabinets, & double ovens! In all there are 6 bedrooms, & 3 full baths. There is a bedroom & 2 full baths on the 1st floor. 5 bedrooms & a full bath upstairs on the 2nd floor. 3rd floor Attic w/an interior staircase & central air for the 2nd floor. Full, deep basement is w/several rooms, & side door to yard. There is a 2 Car Detached Garage to the north of the home. Home in good condition but sold in "As-Is", but seller offering a 1 Year HM
508 Chicago Rd, Newark, IL 60541 is a 6 bedroom, 3 bathroom, 3,500 sqft single-family home. It last sold for $200,000 on Aug 2, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $431,000, with a rent estimate of $4,049/month.

Home Details for 508 Chicago Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1.62 acres

Price and Tax history

DateEventPrice
Aug 2, 2016
Source: N/A
Sold
$200,000
May 24, 2016
Source: MRED as distributed by MLS GRID #08991175
Sold
$200,000
Dec 2, 2015
Source: Agent Provided
Pending
$216,900
Nov 18, 2015
Source: Agent Provided
PriceChange
$216,900
Price decreased by 4%
Sep 26, 2015
Source: Agent Provided
PriceChange
$224,900
Price decreased by 2%

Market trends in Newark

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

What Locals Say about Newark

At least 2 Trulia users voted on each feature.

  • 100 % Say people would walk alone at night

  • 100 % Say it's dog friendly

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 88 % Say parking is easy

  • 83 % Say car is needed

  • 83 % Say kids play outside

  • 80 % Say there are sidewalks

  • 67 % Say there's wildlife

  • 67 % Say it's quiet

  • 65 % Say neighbors are friendly

  • 60 % Say it's walkable to restaurants

  • 60 % Say streets are well-lit

  • 50 % Say it's walkable to grocery stores

  • 50 % Say there are community events

  • 33 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 508 Chicago Rd

  • What is 508 Chicago Rd estimated to be worth?
    Trulia's estimated value for 508 Chicago Rd in Newark, IL is $431,000.
  • What is the price history for 508 Chicago Rd?
    508 Chicago Rd in Newark, IL last sold for $200,000 in August 2016.
  • Is Newark a buyer's or seller's market?
    Newark is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 508 Chicago Rd?
    The closest schools to 508 Chicago Rd in Newark, IL are Millbrook Junior High School (Elementary, rated 7/10), Newark Community High School (rated 8/10), Newark Elementary School (Pre-K, rated 8/10).
  • How big is the lot at 508 Chicago Rd?
    The lot at 508 Chicago Rd in Newark, IL is about 1.6 acres.

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