401 E  State St, Cherry Valley, IL 61016
OFF MARKET

401 E State St
Cherry Valley, IL 61016

  • Studio
  • 2,615 sqft

$225,600

Trulia Estimate
as of May 12, 2026
Est. Refi. Payment $1,618/mo*

$225,600

Trulia Estimate
as of May 12, 2026
Est. Refi. Payment $1,618/mo*
Studio
2,615 sqft

Homes for sale near 401 E State St

Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

A unique investment opportunity in the heart of Cherry Valley! You don't find many rental units in the village but this 2 unit building has been fully updated within the past 3 years with new roof, furnaces, A/C , paint, interiors and landscaping. Perfect for an investor or a live in owner in a highly desirable area! Lower unit is slightly bigger featuring 2 bedroom and 1.5 baths with laundry. Upper unit is 2 bedroom 1 bath. 2 car garage and plenty of driveway space.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 401 E State St

Interior Features

Interior Details
BasementNumber of Rooms: 9
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Roof: OtherExterior: Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi FamilyArchitecture: Ranch / Rambler

Community

Units in Building: 2

Lot Information

Lot Area: 3693 sqft

Price History for 401 E State St

DatePriceEventSource
03/23/2021ListingRemovedLocal MLS
02/04/2021$180,000Listed For SaleAgent Provided
07/20/2017$50,000Sold
MRED as distributed by MLS GRID #08998907
06/14/2017$68,900PendingAgent Provided
05/24/2017$68,900PriceChange
Agent Provided
03/21/2017$89,900PendingAgent Provided
01/19/2017$89,900PriceChange
Agent Provided
11/02/2016$105,000PriceChange
Agent Provided
04/07/2016$135,000PriceChange
Agent Provided
08/01/2015$145,000PriceChange
Agent Provided
04/16/2014$174,900Listed For SaleAgent Provided
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Property Tax and Assessment

Year2024
Tax$3,355
Assessment$149,571
Home facts updated by county records

Comparable Sales for 401 E State St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.28
Multi-Family Home
$252,000
02/27/26
-
2,928
0.20
Multi-Family Home
$342,000
05/19/25
-
1,170
0.14
Multi-Family Home
$319,000
05/11/26
5
1.5
-
2.55
Multi-Family Home
$262,000
07/25/25
3
1
2,575
2.55
Multi-Family Home
$260,000
07/18/25
-
2,575
2.29
Multi-Family Home
$620,000
04/14/26
8
6
-
2.35
Multi-Family Home
$620,000
04/13/26
-
8,972
3.45
Multi-Family Home
$230,500
01/02/26
4
3
2,298
3.45
Multi-Family Home
$230,100
12/29/25
-
2,298
3.60
Multi-Family Home
$325,000
10/22/25
7
4
28,754

Assigned Schools

These are the assigned schools for 401 E State St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Cherry Valley

At least 26 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 89 % Say parking is easy

  • 82 % Say car is needed

  • 81 % Say yards are well-kept

  • 79 % Say kids play outside

  • 77 % Say there's holiday spirit

  • 73 % Say people would walk alone at night

  • 69 % Say there are sidewalks

  • 66 % Say there's wildlife

  • 61 % Say it's quiet

  • 57 % Say they plan to stay for at least 5 years

  • 55 % Say neighbors are friendly

  • 54 % Say it's walkable to restaurants

  • 42 % Say there are community events

  • 41 % Say streets are well-lit

  • 21 % Say it's walkable to grocery stores

Learn more about our methodology.
  • Trulia User
    "Cherry Valley is safe with children playing outside all the time. There are several parks within 3 blocks of my home with one being Baumann Park with river access for kayaking or fishing. This is a vey family friendly area"
  • Trulia User
    "We have frequent parades, festivals, and community events. Also the public works department keeps our community and grounds well maintained. There are three playgrounds within three blocks and Baumann Park is beautiful. This town has everything we could ever need."
  • Getfitnation
    "Very Dog friendly. Seems like dogs are all over the place. Some owners even walk two dogs at a time. Owners do a great job cleaning up after there Dogs. "
  • Pete A.
    "Good area. Spread out. Dog walking ok. Bike riding ok. nice parks and schools. Close access to major shopping mall"
  • Pete A.
    "Great small town close to tollways and a large mall. Main Street is brick with a river running through it."
  • Tylerawitkowski
    "the Village is one of the homiest places ive ever lived. friendly town with multiple parks within walking distance. within 10 minutes of everything I need. I LOVE this town."
  • SDM67
    "Not applicable to me at this time. While visiting my commute is 60 miles and don't usually have a problem with traffic. "
  • Pete A.
    "Great area safe good brand new school. Library good and city services. Near tollways and a large mall plenty of open space and parks"
  • Allison D.
    "Cherry Valley Days in August is fun and occurs in the historical district of Cherry Valley. Fireworks on the 4th of July is also very nice."
  • Pete A.
    "Nice quiet town. Combination of old and new housing. New school being built. Nice river views and parks. Downtown is quaint. "
  • Hotsprings919
    "Cherry Valley is a hidden treasure. Less than a mile to I90. An hour from Ohare. Quiet, great park with a lake, fishing, bike/walking path, canoe/kayak access to Kishwaukee River, safe secure sanctuary yet minutes from all the ammenities of the Rockford area. "

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Homes for rent near 401 E State St

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Off Market Homes Near 401 E State St

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401 E State St, Cherry Valley, IL 61016 is a studio, 2,615 sqft multi-family built in 1900. This property is not currently available for sale. 401 E State St was last sold on Jul 20, 2017 for $50,000. The current Trulia Estimate for 401 E State St is $225,600.