https://www.ruhlmortgage.com/GregCotton.html
Refine Search

501 E Cherry Street Le Roy, IL 61752 Multi Unit - Multiple New

New - 11 Hours Ago
Open House
  • 501 E Cherry Street , Le Roy, IL 61752 Main Photo

33 Total Photos [Click to View All]

Open Houses

Sat, Apr 25th 10:00am - 11:30am

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 Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: McLean
High School: Leroy High School
Listed By:
RE/MAX Rising 309-340-1000
MRED MLS
$229,000
Est. $1,503/mo
4beds
2baths
3cars
New to the Market New
BEDS4 BATHS2 full MLS#12626227
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 2

Get in Touch

Contact an agent to learn more about

501 E Cherry Street , Le Roy, IL 61752.

Contact Form

Preferred Communication Method:

Mortgage Calculator

Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

Customize Your Loan

Customize Your Rate

Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $229,000$229,000$229,000
Down Payment $45,800$8,015$57,250
Monthly Mortgage Amount $1,084$1,348$1,392
Taxes $319$319$319
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$101$0
Monthly Estimated Total $1,503$1,868$1,811

Customize Your Mortgage

Similar Listings For Sale Sold

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/24/2026. The listing information on this page last changed on 04/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/24/2026 12:12:56 AM EST) or MRED MLS (last updated Fri 04/24/2026 12:05:05 AM EST) or SCWMLS (last updated Thu 04/23/2026 11:54:43 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 04/23/2026 10:15:31 PM EST) or Cedar Rapids MLS (last updated Thu 04/23/2026 10:44:22 PM EST) or NEIRBR MLS (last updated Fri 04/24/2026 12:08:46 AM EST) or ICAAR MLS (last updated Thu 04/23/2026 11:37:29 PM EST) or ECIMLS (last updated Thu 04/23/2026 11:44:17 PM EST) or RMLSA (last updated Fri 04/24/2026 12:10:59 AM EST) or Muscatine MLS (last updated Thu 04/23/2026 8:44:13 PM EST) or No Coast MLS (last updated Fri 04/24/2026 12:04:25 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Privacy Policy / DMCA Notice / ADA Accessibility


Agent License Information: Licensed in IA & IL

Login to My Homefinder

Pixel

THANK YOU FOR
YOUR INTEREST!

Complete the fields below to receive additional details.

Add to Calendar

Reserve A Time

Cancel Your Appointment?

Registration Successful

You are now registered to view virtual open houses for the listings.