516 N  Cherry St, Mount Carmel, IL 62863
Property image
Property image
OFF MARKET

$115,000

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,994 sqft

516 N Cherry St, Mount Carmel, IL 62863

Est. Refi. Payment $816/mo*
Refinance Your Home

Home Value

Trulia Estimate
$115K
Since last month
Decreased$2K (-1.9%)
Since last year
Increased$7K (+6.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +42% in the last 10 years
MonthEstimated value
2026
August 2026$115K
August 2026$115K
July 2026$117K
June 2026$122K
May 2026$121K
April 2026$118K
March 2026$110K
February 2026$103K
January 2026$104K
2025
2024
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$179,900
01/09/26
3
2
2,020
0.29
Single-Family Home
$115,000
10/06/25
3
1
1,288
0.29
Single-Family Home
$105,500
03/27/26
2
1
1,173
0.46
Single-Family Home
$68,900
12/15/25
3
1
940
0.34
Single-Family Home
$27,500
06/05/26
3
2
1,131
0.18
Single-Family Home
$45,500
08/28/26
2
1
1,510
0.31
Single-Family Home
$135,000
07/30/26
3
2.5
2,300
0.28
Single-Family Home
$192,000
12/18/25
4
3.5
2,304
0.37
Single-Family Home
$169,900
05/11/26
3
1.5
1,622
0.35
Single-Family Home
$239,900
09/01/26
3
1.5
2,484

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.09
$218,100
5
2.5
3,463
Off Market
0.16
$195,500
4
2
2,498
Off Market
0.11
$179,900
3
2
2,020
Recently Sold
0.15
$122,400
3
1
1,068
Off Market
0.18
$45,500
2
1
1,510
Recently Sold
0.13
$165,600
3
2
2,772
Off Market
0.20
$46,900
3
1
1,564
Off Market
0.21
$795,000
5
5.5
6,874
For Sale
0.17
$184,900
4
3.5
2,836
For Sale
0.17
$90,200
2
1
1,190
Off Market
0.24
$49,900
2
1
700
For Sale
0.22
$80,100
2
2
1,320
Off Market

Local Information

  • Map ViewExplore the area around 516 N Cherry St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1925
1,994 sqft
$58/sqft
Garage

About this House

This three-bedroom home sits on historic Cherry Street and features great updates! At the front of the home is a welcoming covered front porch as well as a relaxing screened-in area ideal for entertaining. As you enter the home you will find a large great room with striking hardwood floors showing the home's tremendous character. The eating kitchen features great storage and leads into the enclosed back porch. The full basement has been professionally waterproofed allowing for great storage and possible additional living space. At the rear of the home is a two-car framed carport and additional storage. Updates include new vinyl siding, metal roof, and vinyl windows throughout. N/A
516 N Cherry St, Mount Carmel, IL 62863 is a 3 bedroom, 1 bathroom, 1,994 sqft single-family home built in 1925. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $115,000, with a rent estimate of $1,062/month.

Home Details for 516 N Cherry St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: MetalExterior: Cement ConcretePatioPorch
Parking & Garage
GarageParking: Carport, Garage Detached

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 5048 sqft

Price and Tax history

DateEventPrice
Oct 23, 2020
Source: Agent Provided
ListingRemoved
$69,000
Aug 17, 2020
Source: Agent Provided
Pending
$69,000
Jun 26, 2020
Source: Agent Provided
Listed For Sale
$69,000

Market trends in Mount Carmel

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
31
3
MoM

What Locals Say about Mount Carmel

At least 23 Trulia users voted on each feature.
  • 97 % Say it's dog friendly

  • 92 % Say parking is easy

  • 92 % Say car is needed

  • 90 % Say yards are well-kept

  • 84 % Say there's holiday spirit

  • 78 % Say kids play outside

  • 77 % Say neighbors are friendly

  • 77 % Say people would walk alone at night

  • 69 % Say it's walkable to restaurants

  • 61 % Say there are sidewalks

  • 58 % Say there's wildlife

  • 57 % Say it's walkable to grocery stores

  • 46 % Say streets are well-lit

  • 37 % Say they plan to stay for at least 5 years

  • 33 % Say it's quiet

  • 16 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Soshell311
    "Small town and all the perks and pits that come with a small community. Not much traffic or crime but everyone knows your business. "

LGBTQ Local Legal Protections

Frequently asked questions about 516 N Cherry St

  • What is 516 N Cherry St estimated to be worth?
    Trulia's estimated value for 516 N Cherry St in Mount Carmel, IL is $115,000.
  • Is Mount Carmel a buyer's or seller's market?
    Mount Carmel is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Mount Carmel?
    Residents describe Mount Carmel, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Mount Carmel, IL.
  • What are the closest schools to 516 N Cherry St?
    The closest schools to 516 N Cherry St in Mount Carmel, IL are Mount Carmel High School (rated 8/10), Mt Carmel Grade School (Elementary, rated 6/10), Mt Carmel Middle School (rated 4/10).
  • Does 516 N Cherry St have air conditioning?
    Yes, 516 N Cherry St in Mount Carmel, IL has air conditioning.
  • How big is the lot at 516 N Cherry St?
    The lot at 516 N Cherry St in Mount Carmel, IL is about 0.12 acres (5,048 sq ft).

Apartments for Rent

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Off Market Homes Near 516 N Cherry St

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Homes for sale near 516 N Cherry St

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