602 E Cherry St Watseka, IL 60970
Estimated payment $871/month
About This Home
Remarks: Nestled on a tree-lined street just blocks from downtown Watseka, 602 E. Cherry Street presents a rare and adaptable ownership opportunity. With a full 1,728 square feet of living space, this well-maintained ranch-style home has been thoughtfully converted into a two-unit residence, ideal for multigenerational living, rental income, or extended guest stays. The front unit welcomes you with a bright, spacious living area, classic hardwood floors, and a versatile layout featuring 2 bedrooms, 1 full bathroom, and an office - perfect for working from home or creative pursuits. The kitchen offers vintage cabinetry and direct access to the laundry area. The rear unit, formerly the family room, has been transformed into a comfortable 1-bedroom suite, complete with its own kitchenette, bathroom, and private entrance - providing flexibility for tenants or loved ones who value privacy. Additional highlights include a large 2-car detached garage, enclosed porch, and a manageable 50x100 lot. Whether you're an investor looking to generate passive income, a homeowner seeking dual living options, or someone planning for future flexibility, this property delivers both comfort and potential in equal measure.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,763
Year Built
- Built in 1953
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50 x 100
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
Home Design
- Converted Dwelling
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Crawl Space
- Heating System Uses Natural Gas
Community Details
- 2 Units
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 | $2,763 | $27,190 | $7,360 | $19,830 |
| 2023 | $2,763 | $24,940 | $6,750 | $18,190 |
| 2022 | $2,636 | $20,910 | $5,660 | $15,250 |
| 2021 | $2,267 | $20,290 | $5,490 | $14,800 |
| 2020 | $2,442 | $21,700 | $5,870 | $15,830 |
| 2019 | $2,352 | $20,990 | $5,680 | $15,310 |
| 2018 | $1,624 | $20,440 | $5,530 | $14,910 |
| 2017 | $1,637 | $20,080 | $5,430 | $14,650 |
| 2016 | $1,648 | $20,080 | $5,430 | $14,650 |
| 2015 | $1,490 | $19,830 | $5,360 | $14,470 |
| 2014 | $1,490 | $19,470 | $5,260 | $14,210 |
| 2013 | $1,630 | $20,330 | $5,490 | $14,840 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | Pending | -- | -- | -- |
| 02/20/2026 02/20/26 | Price Changed | $119,900 | -4.0% | -- |
| 01/05/2026 01/05/26 | For Sale | $124,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $65,000 | -- |
About the Listing Agent
I have spent the majority of my life in the healthcare field and after reaching the level of CEO decided that it was time for a change. My father has been a Realtor for over 30 years and I have joined him in his office, Smith's Real Estate Services, LTD. I believe in servant leadership and plan to provide the same level of care and understanding with my Real Estate clients as I did with my patients, their families, providers, and staff in the Healthcare arena!
Tim's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12540867
APN: 19-33-379-013
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Ask me questions while you tour the home.