Section Image

Explore Similar Apartments Within 10 Miles of Cherry Hills, IL

  • /7

    $319,900

    604 W Main St, Urbana, IL 61801

    This is a 6-unit apartment house with four 1-bedroom apartments and 2 efficiencies. With a close location to the University of Illinois, Downtown Urbana, and both hospitals, this property leases up quickly. Great rental history, super condition, and very clean. Great investment opportunity. New siding, carpeting, and some appliances have been replaced, flat portion of the roof has been replaced.

    Tim Hoss RE/MAX Choice

    604 W Main St, Urbana, IL 61801
  • /36

    $139,000

    • 3 Beds
    • 2 Baths

    401 S Maple St, Urbana, IL 61801

    Investment Opportunity in the heart of Urbana - Fully Rented Duplex. Situated in a desirable Urbana neighborhood, this property offers proximity to local amenities and the University of Illinois campus. With both units occupied, it offers immediate rental income and long-term potential. Don't miss your chance to invest in Urbana's rental market. Contact your real estate professional today to

    Nate Evans eXp Realty-Mahomet

    401 S Maple St, Urbana, IL 61801
  • /5

    $950,000

    2017 Philo Rd, Urbana, IL 61802

    This 24-unit apartment building in Urbana, Illinois, offers a rare and highly sought-after opportunity for investors seeking a true value-add project. All units are currently vacant and in need of renovation, presenting significant upside through capital improvements and repositioning. Each unit is a 1-bedroom, 1-bath layout similar to stabilized properties nearby, with market rents ranging

    Nate Evans eXp Realty-Mahomet

    2017 Philo Rd, Urbana, IL 61802
  • /20

    $449,000

    • 14 Beds
    • 3 Baths

    806 W Ohio St, Urbana, IL 61801

    Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric

    Philip Fiscella Abe Lincoln Realty

    806 W Ohio St, Urbana, IL 61801
  • /2

    $345,000

    • 7 Beds
    • 3 Baths

    212 W John St, Champaign, IL 61820

    Unlock the Potential in Prime Champaign Location! Bring your vision and tools to this unique opportunity-a 2-unit property featuring 3 bedrooms and 1 bathroom per unit, plus a 690 sq ft ADU (Accessory Dwelling Unit) in the rear. With a total of approximately 3,300 square feet, this vacant property is ready for a full renovation to maximize its income-generating or multi-generational living

    Jill Hess RE/MAX REALTY ASSOCIATES-CHA

    212 W John St, Champaign, IL 61820

Why Live in Cherry Hills

Cherry Hills in Champaign is a suburban neighborhood characterized by its quiet, tree-lined streets and ample green spaces. The community features seven residential lakes, providing opportunities for kayaking and paddleboarding for residents who pay specific lake dues. Millage Park, located off Cherry Creek Road, is a popular spot for families, offering a playground and water fountains. The Champaign Unit 4 School District allows families to choose their preferred schools, with many opting for the highly rated Barkstall Elementary School and Central High School. Local dining options include Billy Barooz Pub & Grill and Jupiter’s At The Crossing, both located in the nearby Village at the Crossing. For shopping, residents can visit County Market a mile north or drive 10 miles northeast to Market Place Shopping Center. Cherry Hills is conveniently situated near I-57, providing easy access to Chicago, 140 miles north, and downtown Champaign, just 5 miles away. Willard Regional Airport is 6 miles southeast, though its flight paths do not directly cross the neighborhood, minimizing noise disruption. The area is well-connected by the Champaign – Urbanna Mass Transit District bus stops. Homes in Cherry Hills are predominantly New Traditional-style, built over the last 35 years, with many featuring waterfront views or spacious backyards.

Home Trends in Cherry Hills, IL

Housing Trends

Median Sale Price
$402,450
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$223,990
Median 2 Bedroom Sale Price
$122,000
Average Price Per Sq Ft
$276
Number of Homes for Sale
7
Last 12 months Home Sales
17
Months of Supply
4.90
Median List Price
$296,567
Median Change From 1st List Price
-11%
How to Buy a Home How to Finance a Home How to Sell a Home