$229,000
OPEN SAT 10AM - 11:30AM

501 E Cherry St Le Roy, IL 61752

Estimated payment $1,462/month

4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • Ranch Style House
  • 2.5 Car Detached Garage
  • Property is near park
  • Corner Lot
  • Patio

About This Home

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.

Listing Agent

Chad Lange

RE/MAX Rising License #475175130 Listed on: 04/22/2026

RE/MAX Rising

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1987

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 88x132
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Leroy Elementary School
  • Leroy Junior High School
  • Leroy High School

Additional Features

  • Crawl Space
  • Property is near park
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,068

Year Built

Built in 1987

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Accessible Entrance
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Accessible Entrance

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Driveway, Owned, Garage
  • ParkingTotal: 6.5

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Leroy Elementary School
  • High School: Leroy High School
  • Middle/Junior School: Leroy Junior High School

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 88X132
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3068
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2026 04/22/26 For Sale $229,000 +43.1% --
02/26/2026 02/26/26 Sold $160,000 0.0% -- View Prior Sale
01/30/2026 01/30/26 For Sale $160,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 Alliance Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12626227

Midwest Real Estate Data (MRED)

APN: 30-21-328-001

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