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  • $229,000

    501 E Cherry St, Le Roy, IL 61752

    4beds
    --sqft
    Multi Family
    Built in 1987
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,444 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,444/mo

    Zestimate® history
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    What's special

    Fully updated ranch duplexFresh paint throughoutDetached two-car garageNewer roof overheadShared outdoor retreatRefreshed kitchensTwo thoughtfully designed units
    Get ready because this one doesn't just hit the market... it detonates onto the scene in spectacular fashion. Welcome to a fully updated ranch duplex in the heart of LeRoy that delivers the kind of opportunity investors and savvy owner-occupants dream about-but rarely find. With two thoughtfully designed units, each offering 2 bedrooms, 1 bath, and their own private, spacious laundry rooms (yes-washers & dryers included!), this property is primed to perform from day one. From the curb, the charm is immediate. A fantastic front deck invites morning coffee and evening unwinds, while the expansive driveway and detached two-car garage provide all the space you-and your tenants-could ever need. Tucked behind the units, a beautiful courtyard area creates the perfect shared outdoor retreat... ideal for grilling, relaxing, or simply enjoying a quiet moment under the Central Illinois sky. Inside, the updates continue to shine. Fresh paint throughout, refreshed kitchens, and a newer roof overhead mean the heavy lifting has already been done leaving you free to focus on what matters most: enjoying the property or watching your investment grow. And the location? It's the spark that sets everything off. Situated directly across from Bowman Park, you've got green space, recreation, and small-town charm right at your doorstep. It's the kind of setting that draws renters in and keeps them there. Whether you're looking to ignite your portfolio or settle into one side while the other helps cover the mortgage, this duplex is a rare blend of comfort, convenience, and cash-flow potential. Opportunities like this don't quietly sit, they make noise. Don't miss your chance to capitalize on this explosive opportunity for investors and owner-occupants alike.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Chad Allen Lange 309-340-1000,

    RE/MAX Rising

    Bought with:

    Marti Ryan

    Vesta Real Estate LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12626227MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Crawl Space

    Property

    Parking
    • Total spaces: 6.5
    • Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Driveway, Owned, Garage
    • Garage spaces: 2.5
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Patio
    Lot
    • Size: 8,712 sqft
    • Dimensions: 88X132
    • Features: Corner Lot
    Details
    • Parcel number: 3021328001
    • Zoning: SINGL
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Community
    • Community features: Park, Street Paved
    Location
    • Region: Le Roy

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/11/2026Sold$229,000
    Source: MRED as distributed by MLS GRID #12626227 Report a problem
    4/25/2026Pending sale$229,000
    Source: MRED as distributed by MLS GRID #12626227 Report a problem
    4/23/2026Listed for sale$229,000+43.1%
    Source: MRED as distributed by MLS GRID #12626227 Report a problem
    2/26/2026Sold$160,000
    Source: MRED as distributed by MLS GRID #12557816 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,422 +11.5%$50,082 +8.8%
    2023$3,068 -20.1%$46,027 +9.1%
    2022$3,838 +3.8%$42,204 +5.1%
    2021$3,697 $40,160 +3.2%
    2020-- $38,903
    2019-- $38,903
    2018$3,562 $38,903 -0.7%
    2017$3,562 +38.3%$39,185 +1.5%
    2016$2,576 +8%$38,591 +3%
    2015$2,384 $37,485 +1.3%
    2014$2,384 +3.9%$36,986
    2013$2,296 -31.1%$36,986
    2012$3,330 $36,986 -4.2%
    2011$3,330 +7.9%$38,603
    2010$3,087 -0.8%$38,603 +1.2%
    2009$3,112 +2.5%$38,164 +2.7%
    2008$3,035 +4.5%$37,161 +3.2%
    2007$2,905 $35,998 +4.7%
    2006-- $34,398 +2.5%
    2005-- $33,569

    Find assessor info on the county website

    Neighborhood: 61752

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Leroy Elementary School
    • Middle: Leroy Junior High School
    • High: Leroy High School
    • District: 2

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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