501 S Cherry St Itasca, IL 60143
South Itasca NeighborhoodEstimated payment $3,338/month
Highlights
- Wood Flooring
- Corner Lot
- Breakfast Bar
- Elmer H Franzen Intermediate School Rated A
- 2 Car Attached Garage
- Patio
About This Home
Pride of ownership lives here - and honestly, it might be setting new standards. Offered by the original owners, this home has been pampered, polished, and cared for from day one. During my walkthrough, I genuinely tried to find a speck of dust... and failed miserably. This is the kind of home that makes you wonder if shoes should even be allowed inside. Perfectly located near the Itasca Train Station, making commuting a breeze while still enjoying a quiet residential setting. Major updates have already been handled for you, including HVAC (5 years new), roof replaced 6 years ago with upgraded 4-inch gutters, a 2-year-old Generac whole-house generator, and a new front door installed 4 years ago. Inside, you'll find generous living space designed for both everyday comfort and entertaining. The family room features a bar area and a walk-out to the yard, while the sub-basement offers a second kitchen - ideal for gatherings, extended living, or hosting like a pro. Step outside to a large patio overlooking a beautifully groomed corner lot. Additional highlights include a 2-car attached garage and the rare opportunity for buyers to purchase much of the carefully maintained furniture directly from the owner. The only reason this lovingly cared-for home is available? The owners are simply downsizing - leaving behind a home that's ready for its next chapter.
Listing Agent
eXp Realty Brokerage Phone: (847) 409-8444 License #475147049 Listed on: 02/27/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,324
Year Built
- Built in 1976
Lot Details
- Lot Dimensions are 72x132
- Corner Lot
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Split Level with Sub
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,800 Sq Ft Home
- Fireplace With Gas Starter
- Window Screens
- Family Room with Fireplace
- Combination Dining and Living Room
- Finished Basement
- Partial Basement
- Storm Doors
Kitchen
- Breakfast Bar
- Range with Range Hood
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Outdoor Features
- Patio
Schools
- Raymond Benson Primary Elementary School
- F E Peacock Middle School
- Lake Park High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,324 | $136,987 | $60,667 | $76,320 |
| 2023 | $7,925 | $125,930 | $55,770 | $70,160 |
| 2022 | $7,850 | $120,970 | $53,350 | $67,620 |
| 2021 | $7,448 | $115,870 | $51,100 | $64,770 |
| 2020 | $7,150 | $110,990 | $48,950 | $62,040 |
| 2019 | $6,967 | $106,720 | $47,070 | $59,650 |
| 2018 | $7,317 | $108,530 | $47,070 | $61,460 |
| 2017 | $6,863 | $103,730 | $44,990 | $58,740 |
| 2016 | $6,606 | $95,770 | $41,540 | $54,230 |
| 2015 | $6,373 | $88,470 | $38,370 | $50,100 |
| 2014 | $6,344 | $84,410 | $37,250 | $47,160 |
| 2013 | $6,209 | $86,130 | $38,010 | $48,120 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2026 03/19/26 | Pending | -- | -- | -- |
| 03/17/2026 03/17/26 | Price Changed | $494,900 | -4.8% | $275 / Sq Ft |
| 03/09/2026 03/09/26 | Price Changed | $519,900 | -1.3% | $289 / Sq Ft |
| 02/27/2026 02/27/26 | For Sale | $526,900 | -- | $293 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12579699
APN: 03-17-211-001
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Ask me questions while you tour the home.