IL
McLean
Leroy
61752
501 E Cherry Street
501 E Cherry Street, Leroy, IL 61752
Share Listing
Listing Type
Multi Family
Listing Status
Pending
33
$229,000

Home Details for 501 E Cherry Street

Price
$229,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Year built
1987
Lot size acres
0.2
County
McLean
Total rooms
12
Garage
2.5
Basement
Crawl Space
Days on site
1
MLS Listing#
12626227
Property 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 Features
  • Parking
    • Garage Door Opener
    • Detached
    • Driveway
    • Garage
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Basement
    • Crawl Space
School Information
School Information for 501 E Cherry Street, Leroy, IL 61752
Elementary School
Leroy Elementary School
Middle School
Leroy Junior High School
High School
Leroy High School
Listing Courtesy: RE/MAX Rising - 309-340-1000
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-25 04:40:57. 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.
Last Updated: 2026-04-25 04:40:57
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT STRATEGY REALTY
2935 N. Clark St., Chicago, IL 60657
Office
312 554 5478
Request more details
Code: