$115,000
- 3 Beds
- 1 Bath
- 1,994 sqft
516 N Cherry St, Mount Carmel, IL 62863
Est. Refi. Payment $816/mo*
Refinance Your HomeHome Value
Trulia Estimate
$115KSince 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
| Month | Estimated 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
-- mins to
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
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood |
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Exterior Home Features Roof: MetalExterior: Cement ConcretePatioPorch |
Parking & Garage GarageParking: Carport, Garage Detached |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 5048 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,087 | $94,410 |
Home facts updated by county records
Market trends in Mount Carmel
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
31
3MoM
Around this home
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.
LGBTQ Local Legal Protections
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).

