OPEN SUN, 1PM TO 2PM

For sale

$569,000

Est. $4,013/mo —

•

3,750

sq ft

237 Cedar Ln, Sherrard, IL 61281

About this home

Spectacular lake views! Welcome to this spacious 5-bedroom, 3.5-bath home offering approximately 3,800 finished square feet. Built with quality 2x6 construction, the home features a 9x7 foyer that opens into a spacious, open floor plan with porcelain tile flooring throughout. Sunroom additions on both the main and lower levels provide additional living space. The finished walkout lower level is ideal for entertaining, featuring a gas fireplace, kitchenette complete with a mini refrigerator, stove, and microwave, and a non-conforming bedroom. Step outside to the large lower-level patio situated beneath the expansive wraparound composite deck, offering plenty of space for outdoor entertaining. Enjoy spectacular views of Fyre Lake from the deck and outdoor living areas! Additional highlights include a lifetime metal roof, whole-home generator, invisible fence, newer water heater, water softener, and attached 2-car garage. An additional parking area along the side of the home provides convenient space for a boat or extra vehicle. Experience all that Fyre Lake living has to offer in this spacious, well-equipped home!

Single-familyProperty Type

1999Year Built

0.5 acresLot Size

$152Price/Sq.Ft.

$88/moHOA Dues

2 garage spacesParking

Listed by Amber Holmes • NextHome QC Realty

Listing updated: Oct 15, 2026 at 12:06am

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12781132

Payment calculator

$4,013 per month

Principal and interest$3,105

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

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Open houses

Sunday, Nov 1

1:00pm - 2:00pm

Nearby open houses (9)

OPEN SAT, 11AM TO 12:30PM
$191,000
3 beds1 bath1,288 sq ft
507 W Main St W, Reynolds, IL 61279
0.52 acre lot • 3 garage spots • Built 1955
OPEN SAT, 1:30PM TO 2:30PM
$315,000
4 beds3 baths2,256 sq ft
126 W 28th Ave, Coal Valley, IL 61240
0.28 acre lot • 2 garage spots • Built 1978
OPEN SUN, 11AM TO 12:30PM
$429,000
3 beds3 baths2,082 sq ft
15322 20th Street Ct W, Milan, IL 61264
2.4 acre lot • Built 1995 • Listed 46 days
OPEN SUN, 12PM TO 1:30PM
$149,500
3 beds2 baths1,822 sq ft
408 S 10th Ave, New Windsor, IL 61465
0.24 acre lot • Built 1977 • Listed 4 days
OPEN SUN, 12PM TO 2PM
$320,000
3 beds3.5 baths2,184 sq ft
8100 47th St, Milan, IL 61264
2.28 acre lot • 2 garage spots • Built 1989
OPEN SUN, 1PM TO 3PM
$270,000
4 beds2.5 baths2,150 sq ft
5808 W 93rd Ave, Taylor Ridge, IL 61284
0.7 acre lot • 2 garage spots • Built 1970
OPEN SUN, 1PM TO 2:30PM
$549,000
3 beds2 baths4,188 sq ft
3813 Savanna Cir W, Milan, IL 61264
0.3 acre lot • 3 garage spots • Community pool
OPEN SUN, 2PM TO 3PM
$85,000
3 beds1 bath972 sq ft
301 3rd St, Sherrard, IL 61281
6,969 sq ft lot • Garage • Built 1898
OPEN SUN, 4PM TO 5PM
$310,000
4 beds2 baths2,615 sq ft
9821 Route 150 Rte, Coal Valley, IL 61240
1.14 acre lot • 2 garage spots • Built 1950

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Around this home

Schools

K - 12
Preschool & daycare

Sherrard Elementary School

Public K-4 • Assigned • 1.5mi

4/10

Sherrard Junior High School

Public 7-8 • Assigned • 3.4mi

5/10

Sherrard High School

Public 9-12 • Assigned • 3.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

237 Cedar Ln · $569,000

Strong offer

$567K and above

75% chance or better to win

Why $567K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 7 days.

SALE-TO-LIST

Most homes are selling 1% above list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Finished walkout basement with exterior entry, recreation/family area, and storage
One gas-log fireplace in the basement
Window treatments and drapes

Bedrooms
4 bedrooms: 1 on the second floor, 1 in the basement, and 1 in the walkout basement
Room for a possible fifth bedroom

Bathrooms
3 full bathrooms and 1 half bathroom
Whirlpool tub and double-sink vanity
Full bathroom in the basement

Kitchen
Range, microwave, dishwasher, refrigerator, bar refrigerator, and garbage disposal
Granite countertops and breakfast bar

Laundry & utility
Main-level, in-unit laundry
Washer and dryer
Owned water softener

Flooring
Hardwood and porcelain tile

Heating & cooling
Natural gas heating
Central air conditioning

Sale and tax history for 237 Cedar Ln

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$7,849 (+6.7%)

$14,790 + $102,330

$117,120

2024

$7,359 (+6.4%)

$13,705 + $94,840

$108,545

2023

$6,919 (+1.1%)

$12,470 + $86,305

$98,775

2022

$6,841 (+2.8%)

$12,310 + $85,215

$97,525

2021

$6,653 (−16.4%)

$11,275 + $78,058

$89,333

2020

$7,957 (+70.2%)

$11,275 + $78,058

$89,333

2019

$4,675 (+1.4%)

$10,790 + $91,385

$102,175

2018

$4,609 (+0.8%)

$4,550 + $57,345

$61,895

2017

$4,573 (+5.6%)

$4,420 + $55,700

$60,120

2016

$4,332 (+4.5%)

$4,160 + $52,450

$56,610

2014

$4,146 (−2.7%)

$4,045 + $51,030

$55,075

2013

$4,262

$4,175 + $52,680

$56,855

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.48 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Mercer County

APN

060610303037

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 9, 2026.

Climate risks

1/10 Flood Factor

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 104° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Sherrard, IL • 61281

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

88/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 237 Cedar Ln

$559,921

$9,079 under list price of $569K

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $299K to $885K.

SOLD SEP 4, 2026
$299,000 Last sold price
4 beds4 baths2,676 sq ft
14422 US Route 67 Hwy, Milan, IL 61264
$40/sq ft
larger lot
22 years older
SOLD SEP 29, 2026
$885,000 Last sold price
3 beds2.5 baths3,820 sq ft
1668 310th St, Sherrard, IL 61281
$80/sq ft
larger lot
8 years newer
SOLD AUG 28, 2026
$300,000 Last sold price
4 beds3 baths4,080 sq ft
1462 303rd St, Sherrard, IL 61281
$78/sq ft
larger lot
4 years newer
SOLD OCT 2, 2026
$353,450 Last sold price
5 beds3.5 baths— sq ft
1388 265th St, Sherrard, IL 61281
larger lot
29 years older
SOLD AUG 7, 2026
$535,000 Last sold price
4 beds3 baths2,021 sq ft
12926 25th Street Ct, Milan, IL 61264
$113/sq ft
larger lot
4 years older

Rental earnings

Est. $2,437 per month, based on comparable rentals

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Early Access listings

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Land— sq ft

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New listings for sale in 61281

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Details provided by MRED as Distributed by MLS Grid and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (9)

Interested in buying?

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 237 Cedar Ln

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 237 Cedar Ln

Early Access listings

Nearby similar homes

New listings for sale in 61281

More real estate resources