$124,900

602 E Cherry St Watseka, IL 60970

Estimated payment $880/month

Total Views 12,492
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • Watseka Junior High School Rated 9+
  • 2 Car Detached Garage

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.

Listing Agent

Tim Smith

Smith's Real Estate Services, License #471021755 Listed on: 01/05/2026

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,763

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 2763.36
  • Tax Year: 2024

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2026 01/05/26 For Sale $124,900 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $65,000 --
Source: Public Records

About the Listing Agent

Tim Smith

Smith's Real Estate Services,

(779) 243-6523

Section Image

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!

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12540867

Midwest Real Estate Data (MRED)

APN: 19-33-379-013