501 E  Cherry St, Le Roy, IL 61752
PENDING

501 E Cherry St
Le Roy, IL 61752

  • 4 Beds
  • 2 Baths

$229,000

Est. Mortgage $1,599/mo*

$229,000

Est. Mortgage $1,599/mo*
4 Beds
2 Baths

Local Information

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

Description

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.

Home Highlights

Parking
Garage
Outdoor
Patio, Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
14 days ago

Home Details for 501 E Cherry St

Active Status

MLS Status: Pending

Interior Features

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
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

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

Days on Market

Days on Market: 14

Property Information

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

Price & Status

Price
List Price: $229,000
Status Change & Dates
Off Market Date: Fri Apr 24 2026Possession Timing: Close Of Escrow

Location

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

Agent Information

Listing Agent
Listing ID: 12626227

Community

Community Features: Park, Street Paved

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: None

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12626227Activation Date: Thu Apr 23 2026

Additional Information

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 12 hours ago
Listing courtesy of: Chad Allen Lange, (309) 340-1000
RE/MAX Rising
Source: MRED as distributed by MLS GRID, MLS#12626227

Price History for 501 E Cherry St

DatePriceEventSource
04/25/2026$229,000PendingMRED as distributed by MLS GRID #12626227
04/23/2026$229,000Listed For SaleMRED as distributed by MLS GRID #12626227
02/26/2026$160,000Sold
MRED as distributed by MLS GRID #12557816

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Property Tax and Assessment

Year2024
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
-
0.46
Multi-Family Home
$115,000
06/27/25
4
2
-
0.35
Multi-Family Home
$219,900
06/20/25
5
3.5
-

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

Learn more about our methodology.
  • Ph
    "We have an annual Fall festival and Memorial Day and 4th of July parades. Friday night football is a big deal. "
  • Tara H. H.
    "Dog walkers frequent the neighborhood often and *most* people know how to allow pets to socialize. There is a local dog park nearby however we need to use it more often and it would help to post a sign nearby stating peak hours and days for individuals to meet up. "
  • Tiffany C.
    "it's a wonderful community! I love the school has wonderful support system for the kids. I am pretty proud of living here. I'll miss it when we relocate to Indiana. "

LGBTQ Local Legal Protections

Chad Allen Lange, RE/MAX Rising
Agent Phone: (309) 340-1000
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
501 E Cherry St, Le Roy, IL 61752 is a 4 bedroom, 2 bathroom multi-family built in 1987. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Apr 23, 2026. The MLS # for this home is MLS# 12626227.