Movoto Real Estate
Sold on 04/24/2026
Chad Allen Lange of RE/MAX Rising
  • Exterior
  • Other
  • Living
  • Kitchen
  • Entry Way
  • Bath
  • Bedroom

501 E Cherry St, Le Roy, IL 61752

  • $229,000

    Last sold 04/24/2026 after 75 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale
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About 501 E Cherry St

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 8,712 Sqft
Parking 3 garage spaces
Property 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.
Listed by
Listing Agent - Chad Allen Lange
Listing Office - RE/MAX Rising
Source: MRED mls logo
MLS#12626227 • last updated 1 month ago
Movoto checked MRED for data 19 minutes ago
Overview
Heating Forced Air
Levels/Style Ranch
MLS # 12626227
Virtual Tour N/A
SubType Duplex Side By Side
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.2
Property Tax $ 3068
Year Built 1987
Interior
Basement Crawl Space
Total # of Rooms 12
Exterior
Foundation Block
Roof Asphalt
# Garage Spaces 2.5
Lot Desc Less Than 0.25 Acre, Corner Lot
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
Other Equipment CO Detectors
# Units in Building 2
Location
Area LeRoy
County McLean
Elementary School Leroy Elementary School
Elementary School District 2
High School Leroy High School
Middle School District 2
Middle School Leroy Junior High School
High School District 2
APN 3021328001
Zoning SINGL
Directions US 150 To Cherry Past The Park On The First Property On The Right At The Corner Of Cherry And Mill
We are not permitted to show value estimates for this property.
  • 501 E Cherry St
    $229K
  • Leroy
  • 61752
    $150K -4% y/y
  • Le Roy
    $165K +5% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • IL
  • Mclean County
  • Le Roy
  • 61752
  • 501 E Cherry St
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