501 Cherry Street, Leroy, Illinois 61752


$229,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 4
Baths: 0
Year Built: 1987
Property Taxes: $3,068
Days On Market: 41
Lot Size: 0,20
Map
Street View

Description

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.

Property Specifics

Multi-unit
1987
No
0.2
— / —
12626227
3021328001

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Leroy Elementary School
2
Middle School
Leroy Junior High School
2 Not in DB
High School
Leroy High School
2 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
26 Feb, 2026 Sold $160,000 MRED MLS
30 Jan, 2026 Under contract $160,000 MRED MLS
29 Jan, 2026 Listed for sale $160,000 MRED MLS
11 May, 2026 Sold $229,000 MRED MLS
24 Apr, 2026 Under contract $229,000 MRED MLS
22 Apr, 2026 Listed for sale $229,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2.5
88X132
Not in DB

Tax History

Year Property Taxes
2026 $3,422
2026 $3,068

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Contact Agent

Listing Provided By

RE/MAX Rising