501 E Cherry St
Le Roy, IL 61752
- 4 Beds
- 2 Baths
4 Beds
2 Baths
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1987
Parking
Garage
About this House
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.
501 E Cherry St, Le Roy, IL 61752 is a 4 bedroom, 2 bathroom multi-family built in 1987. It last sold for the $229,000 asking price on May 11, 2026. It is currently off market. The Trulia Estimate rent is $1,370/month.
Home Details for 501 E Cherry St
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MLS Status: Closed |
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Interior Details Basement: Crawl SpaceNumber of Rooms: 12 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Heating & Cooling Heating: Forced AirHas HeatingHeating Fuel: Forced Air |
View No View |
Security Security: Carbon Monoxide Detector(s) |
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Exterior Home Features Roof: AsphaltPatio / Porch: Deck, PatioFoundation: Block |
Parking & Garage Number of Garage Spaces: 2.5Number of Covered Spaces: 2.5Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 6.5Parking: Garage Door Opener,Yes,Garage Owned,Detached,Driveway,Owned,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1987 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Ranch |
Building Construction Materials: Vinyl Siding, BrickNot a New Construction |
Property Information Parcel Number: 3021328001 |
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Price List Price: $229,000 |
Status Change & Dates Off Market Date: Fri Apr 24 2026Possession Timing: Close Of Escrow |
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Direction & Address City: Leroy |
School Information Elementary School: Leroy Elementary SchoolElementary School District: 2Jr High / Middle School: Leroy Junior High SchoolJr High / Middle School District: 2High School: Leroy High SchoolHigh School District: 2 |
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Community Features: Park, Street Paved |
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Lot Area: 8712 sqft |
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Special Conditions: None |
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Listing Terms: Cash |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12626227Activation Date: Thu Apr 23 2026 |
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ParkStreet PavedMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: YesMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes |
Last check for updates: about 7 hours ago
Listed by Chad Allen Lange, (309) 340-1000
RE/MAX Rising
Bought with: Marti Ryan, (309) 287-2053, Vesta Real Estate LLC
Source: MRED as distributed by MLS GRID, MLS#12626227

Price History for 501 E Cherry St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/11/2026 | $229,000 | Sold | MRED as distributed by MLS GRID #12626227 |
| 04/25/2026 | $229,000 | Pending | MRED as distributed by MLS GRID #12626227 |
| 04/23/2026 | $229,000 | Listed For Sale | MRED as distributed by MLS GRID #12626227 |
| 02/26/2026 | $160,000 | Sold | MRED as distributed by MLS GRID #12557816 |
Market trends in Le Roy
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
5
4MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,422 |
| Assessment | $150,246 |
Home facts updated by county records
Comparable Sales for 501 E Cherry St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.43 | Multi-Family Home | $150,000 | 03/31/26 | 4 | 2 | - | |
1.08 | Multi-Family Home | $208,000 | 07/17/26 | 3 | 3 | 2,190 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 501 E Cherry St.
What Locals Say about Le Roy
At least 20 Trulia users voted on each feature.
96 % Say yards are well-kept
96 % Say people would walk alone at night
92 % Say parking is easy
89 % Say it's dog friendly
79 % Say kids play outside
78 % Say they plan to stay for at least 5 years
75 % Say it's walkable to grocery stores
74 % Say car is needed
74 % Say there's holiday spirit
68 % Say it's quiet
61 % Say neighbors are friendly
56 % Say it's walkable to restaurants
55 % Say there are sidewalks
52 % Say there's wildlife
50 % Say there are community events
38 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 501 E Cherry St
Off Market Homes Near 501 E Cherry St

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

