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

New - 13 Hours Ago
Open House
  • 501 E Cherry Street , Le Roy, IL 61752 Main Photo

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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

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Ruhl&Ruhl Realtors
563.441.1776

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501 E Cherry Street , Le Roy, IL 61752.

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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

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