501 E Cherry St
Le Roy, IL 61752
- 4 Beds
- 2 Baths
4 Beds
2 Baths
Local Information
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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
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MLS Status: Pending |
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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 |
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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Days on Market: 14 |
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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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Listing Agent Listing ID: 12626227 |
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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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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 12 hours ago
Listing courtesy of: Chad Allen Lange, (309) 340-1000
RE/MAX Rising
Source: MRED as distributed by MLS GRID, MLS#12626227

Also Listed on MRED as distributed by MLS GRID.
Price History for 501 E Cherry St
| Date | Price | Event | Source |
|---|---|---|---|
| 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 |
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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 | - | |
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 | - |
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
Learn more about our methodology.
LGBTQ Local Legal Protections
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.

