Movoto Real Estate
Sold on 07/12/2023
  • Map Image
  • Map Image
  • Map Image

5540 Prospect Ln, Lerna, IL 62440

  • $221,000

    Last sold 07/12/2023 for $180K

  • bed

  • bath

  • 1,731

    Sqft ($104/Sqft)

House not for sale
Learn about Lerna's top local Real Estate agents

About 5540 Prospect Ln

Property type House
Year built 1970
HOA fee $0/month
Lot size 0.38 Acre
Movoto estimate
Property description
This single-family home is located at 5540 Prospect Ln, Lerna, IL, 62440 in Coles County and was built in 1970. This home offers 1,731 square feet of living space on a 16,553 sq ft lot. The estimated market value is $221,000, approximately $128 per square foot.
$221K
Range: $203K-$238K
Last 30 days 
  • Off Market
  • Jul 2023
    Public Records
  • Jul 12, 2023 Sold
    $180,000 (+49.4%)
  • Sep 2007
    Public Records
  • Sep 7, 2007 Sold
    $120,500
  • 5540 Prospect Ln
    $180K
  • 62440
    $125K
  • Lerna
    $125K
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
5532 Prospect Ln, Lerna, IL 62440 $181,458 —/— 1,512 0.03
5549 Prospect Ln, Lerna, IL 62440 $155,019 —/— 2,448 0.03
5565 Prospect Ln, Lerna, IL 62440 $199,758 —/— 1,976 0.03
5531 Prospect Ln, Lerna, IL 62440 $171,096 —/— 2,918 0.04
5514 Prospect Ln, Lerna, IL 62440 $153,744 —/— 1,408 0.05
5515 Prospect Ln, Lerna, IL 62440 $179,163 —/— 2,100 0.06
10693e E County Road 550n, Lerna, IL 62440 $145,905 —/— 1,508 0.08
10793 Prestige Dr, Lerna, IL 62440 $183,081 —/— 1,548 0.1

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
5/10
Mattoon High School
public Grades 9-12
Mattoon Community Unit School District 2
Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

Explore everything this neighborhood has to offer.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Lerna, IL

Nearby homes for sale in Lerna, IL

  • Real Estate
  • IL
  • Coles County
  • Lerna
  • 62440
  • 5540 Prospect Ln
Meet with a real estate agent today (844) 430-0869
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.