OFF MARKET

Off market may 2012 for $114K

$277,883

Est. refi paymentEst. refi $1,469/mo

•

1,040

sq ft

505 Cherry Valley Rd, Vernon Hills, IL 60061

About this home

Fannie Mae owned home. Freshly painted with a new hot water heater. Great ranch in quiet location. Maintenance free ext. Attached 1 car Garage has a Workshop room. Nice Yard and much more! Close to shopping, Metra, Public Library, Playground and Forest preserve.*****Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage and HomePath Mortgage Financing. **

Single-familyProperty Type

1961Year Built

8,058 sq ftLot Size

$267Est. Price/Sq.Ft.

1 car garageParking

Listed by Nancy Bianchi

Bought with Walter Rodriguez • Gibson Realty

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #08002204

Redfin Estimate

$277,883

$163K since sold in May 2012$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 38.9% lower than the average sale price ($455K) of 6 comparable homes.

SOLD AUG 21, 2026
$730,000
A
4 beds2.5 baths3,261 sq ft
483 Evergreen Dr, Vernon Hills, IL 60061
SOLD JUL 16, 2026
$300,000
B
3 beds1.5 baths1,595 sq ft
333 Cherry Valley Rd, Vernon Hills, IL 60061
SOLD JUN 17, 2026
$450,000
C
3 beds1.5 baths1,748 sq ft
221 E Lakeside Dr, Vernon Hills, IL 60061
SOLD SEP 28, 2026
$425,000
D
3 beds2 baths1,343 sq ft
33 Circle Dr, Indian Creek, IL 60061
SOLD MAR 31, 2026
$440,000
E
3 beds2 baths1,148 sq ft
700 N Lakeside Dr, Vernon Hills, IL 60061
SOLD APR 10, 2026
$383,000
F
3 beds2 baths1,446 sq ft
714 N Lakeside Dr, Vernon Hills, IL 60061

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Earn from this home

Sell

$202,461

Est. take-home

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Est. cash available

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Rent

$1,695/mo

Redfin rental estimate

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Market trends in 60061, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.3%

0.5% MoM

Median sale price

$520K

$225 MoM

Avg. days on market

42d

2 days MoM

Recently sold homes

104

7 MoM

New listings for sale

OPEN SAT, 2PM TO 4PM
$509,000
2 beds2 baths1,560 sq ft
1199 E Port Clinton Rd #710, Vernon Hills, IL 60061
$479,000
4 beds2.5 baths1,868 sq ft
5 Malvern Ln, Vernon Hills, IL 60061
3D WALKTHROUGH
$1,024,900
5 beds4 baths4,187 sq ft
7209 Daybreak Ln, Long Grove, IL 60060
OPEN SAT, 12PM TO 2PM
$518,000
3 beds2.5 baths2,245 sq ft
1871 Crenshaw Cir, Vernon Hills, IL 60061
OPEN SAT, 12PM TO 2PM
$1,295,000
5 beds3.5 baths3,828 sq ft
200 Ranney Ave, Vernon Hills, IL 60061
$463,900
3 beds2.5 baths1,894 sq ft
1819 Crenshaw Cir, Vernon Hills, IL 60061
$650,000
4 beds2.5 baths2,442 sq ft
77 Montclair Rd, Vernon Hills, IL 60061
EARLY ACCESS
$675,000
4 beds3.5 baths2,396 sq ft
860 Saugatuck Trl, Vernon Hills, IL 60061
EARLY ACCESS
$630,000
3 beds2.5 baths2,252 sq ft
1189 Caroline Ct, Vernon Hills, IL 60061
$335,000
3 beds2 baths1,424 sq ft
1312 Coventry Cir #1312, Vernon Hills, IL 60061
See all

Provided by Redfin

Sale history for 505 Cherry Valley Rd

Date

Event

Price

MRED as Distributed by MLS Grid #08002204

May 25, 2012

Sold (MLS) (Closed Sale)

$114,660

$110/sq ft

Apr 11, 2012

Contingent

—

Apr 3, 2012

Price Changed (Price Change)

$110,900

$107/sq ft

Mar 4, 2012

Relisted (Reactivated)

—

Mar 3, 2012

Listing Removed

—

Feb 23, 2012

Listed (New)

$121,900

$117/sq ft

MRED as Distributed by MLS Grid #07604340

Nov 23, 2010

Listing Removed

—

MRED as Distributed by MLS Grid #07386013

Jul 22, 2010

Listing Removed

—

MRED as Distributed by MLS Grid #07325167

Nov 15, 2009

Listing Removed

—

MRED as Distributed by MLS Grid #06393244

Apr 30, 2007

Listing Removed

—

Public Records

Oct 15, 2003

Sold

$183,000

$176/sq ft

Public Records

Nov 28, 1999

Sold

$125,000

$120/sq ft

Public Records

Jun 1, 1988

Sold

$76,000

$73/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,584 (+2.4%)

$30,576 + $54,293

$84,869

2024

$6,430 (+19.4%)

$30,576 + $54,293

$84,869

2023

$5,386 (+19.4%)

$28,824 + $51,181

$80,005

2022

$4,510 (+3.4%)

$23,650 + $41,994

$65,644

2021

$4,362 (+1.5%)

$19,632 + $34,859

$54,491

2020

$4,295 (+1.9%)

$19,420 + $34,483

$53,903

2019

$4,216 (−8.4%)

$19,414 + $34,473

$53,887

2018

$4,602 (+2.3%)

$21,106 + $37,302

$58,408

2017

$4,498 (+3.4%)

$21,106 + $37,302

$58,408

2016

$4,348 (+2.0%)

$20,613 + $36,431

$57,044

2015

$4,264 (+40.7%)

$19,739 + $34,886

$54,625

2013

$3,030 (−11.9%)

$19,826 + $17,677

$37,503

2012

$3,440 (−10.3%)

$20,203 + $28,888

$49,091

2011

$3,834 (−1.7%)

$20,583 + $31,649

$52,232

2010

$3,899 (−5.8%)

$22,006 + $39,389

$61,395

2008

$4,139 (+2.0%)

$23,225 + $41,571

$64,796

2007

$4,056

$27,574 + $36,196

$63,770

Tax history for 505 Cherry Valley Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,584 (+2.4%)

$30,576 + $54,293

$84,869

2024

$6,430 (+19.4%)

$30,576 + $54,293

$84,869

2023

$5,386 (+19.4%)

$28,824 + $51,181

$80,005

2022

$4,510 (+3.4%)

$23,650 + $41,994

$65,644

2021

$4,362 (+1.5%)

$19,632 + $34,859

$54,491

2020

$4,295 (+1.9%)

$19,420 + $34,483

$53,903

2019

$4,216 (−8.4%)

$19,414 + $34,473

$53,887

2018

$4,602 (+2.3%)

$21,106 + $37,302

$58,408

2017

$4,498 (+3.4%)

$21,106 + $37,302

$58,408

2016

$4,348 (+2.0%)

$20,613 + $36,431

$57,044

2015

$4,264 (+40.7%)

$19,739 + $34,886

$54,625

2013

$3,030 (−11.9%)

$19,826 + $17,677

$37,503

2012

$3,440 (−10.3%)

$20,203 + $28,888

$49,091

2011

$3,834 (−1.7%)

$20,583 + $31,649

$52,232

2010

$3,899 (−5.8%)

$22,006 + $39,389

$61,395

2008

$4,139 (+2.0%)

$23,225 + $41,571

$64,796

2007

$4,056

$27,574 + $36,196

$63,770

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,040 Sq. Ft.

Year renovated

1962

Sq. Ft.

1,040

Year built

1962

Style

Single Family Residential

County

Lake County

APN

15-08-112-004

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Single-Family Residence District

The R-5 Single-Family Residence District is intended to provide for single-family residential development with a full range of urban services in existing developed areas of the village where the permitted uses, lot areas, setbacks and other requirements, are designed to maintain the present character of development.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Educational/school
Park & open space

Property details

Parking

Parking Information
# Of Cars: 1
# of Garage Spaces: 1
Parking: Garage
Garage Ownership: N/A
Garage On-Site: Yes
Garage Type: Attached
Driveway: Asphalt

Interior

Bathroom Information
# of Baths (Full): 1

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 13 x 10

Room Information
Room Type: Bedroom 3
Level: Main
Dimensions: 11 x 9

Room Information
Room Type: Dining Room
Level: Main
Dimensions: COMBO

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 18 x 12

Room Information
Room Type: Living Room
Level: Main
Dimensions: 16 x 12

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 13 x 12

Additional Rooms Information
Basement Description: None

Interior Features
# of Rooms: 6

Equipment
TV-Cable, TV-Dish, Sump Pump

Exterior

Building Information
Living Area Source: Estimated
Exterior Building Type: Brick
Age: 51-60 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter

Property Information
Property Type: Detached Single
Property Type: 1 Story
Ownership: Fee Simple
Rehab (Y/N): No
General Information: School Bus Service,Commuter Bus,Commuter Train
Parcel Number: 15081120040000

Lot Information
Dimensions: 67X120
Lot Size: Less Than .25 Acre
Lot Features: Fenced Yard, Landscaped

Financial

Tax Information
Tax Annual Amount: $3,899.26
Tax Year: 2010

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer, Sewer-Storm
Electric: 100 Amp Service

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Community Features: Sidewalks, Street Lights, Street Paved

School Information
Elementary School District: 73
Elementary School: HAWTHORN ELEMENTARY SCHOOL (NOR
Middle Or Junior School District: 73
Middle Or Junior School: HAWTHORN MIDDLE SCHOOL NORTH
High School District: 128
High School: VERNON HILLS HIGH SCHOOL

Location Information
Township: VERNON
Corporate Limits: VERNON HILLS
Directions: RT 45 & BUTTERFIELD RD W2 OAKWOOD S2 CHERRY VALLEY W2 PR

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,040
Stories: 1.0
Lot Size: 8,040 square feet
Style: Single Family Residential
Year Built: 1962
Year Renovated: 1962
County: Lake County
APN: 15-08-112-004

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

Hawthorn Elementary School South

Public 1-5 • Assigned • 0.9mi

7/10

Hawthorn Middle School South

Public 6-8 • Assigned • 1.2mi

5/10

Vernon Hills High School

Public 9-12 • Assigned • 1.6mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Vernon Hills, IL • 60061

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$264,000 – $320,000

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New listings for sale in 60061

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Home values near 505 Cherry Valley Rd

Data from public records.

Address	Redfin Estimate
502 Cherry Valley Rd, Vernon Hills, IL 4 Beds \| 2 Baths \| 1040 Sq. Ft.	$341,566
506 Cherry Valley Rd, Vernon Hills, IL 4 Beds \| 2 Baths \| 910 Sq. Ft.	$301,142

Address	Redfin Estimate
507 Cherry Valley Rd, Vernon Hills, IL - Beds \| 1.5 Baths \| 1470 Sq. Ft.	$348,282
424 Cherry Valley Rd, Vernon Hills, IL - Beds \| 1.5 Baths \| 936 Sq. Ft.	$315,316

Address	Redfin Estimate
504 Cherry Valley Rd, Vernon Hills, IL - Beds \| 1 Baths \| 1040 Sq. Ft.	$284,293
503 Cherry Valley Rd, Vernon Hills, IL - Beds \| 1 Baths \| 1326 Sq. Ft.	$308,573

Property information provided by MRED as Distributed by MLS Grid when last listed in 2012. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60061, IL

Sale history for 505 Cherry Valley Rd

Tax history for 505 Cherry Valley Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60061

Home values near 505 Cherry Valley Rd

More real estate resources