Unique opportunity for the owner occupant or investor. 2 story maintenance free duplex with newer roof. Each unit has 1170 sq ft of great space with living room, eat-in kitchen, pantry. Both have 2 bedrooms, 1 bath, living room, main floor laundry. Lower unit has lovely H/W cherry floors with wrap around deck and covered porch. Front and side door entry. Upper unit has a covered deck with river views and 2 sets of stairs to the ground level. Full basement. There are 3 GFA furnaces, 3 C/A, separate gas and electric. City water is shared by all 3 units. Water, sewer, garbage is divided 3 ways. Rents are $825 & $800. This property is in an estate and being sold "as is". This property is being sold together with a ranch home which sits in the rear of the lot on the river. MLS#202406635
The median home value in Cherry Valley, IL is $220,500. This is higher than the county median home value of $155,300. The national median home value is $338,100. The average price of homes sold in Cherry Valley, IL is $220,500. Approximately 72.32% of Cherry Valley homes are owned, compared to 22.56% rented, while 5.13% are vacant. Cherry Valley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cherry Valley real estate agent to arrange a tour today!
Cherry Valley, Illinois 61016 has a population of 2,726. Cherry Valley 61016 is less family-centric than the surrounding county with 11.3% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in Cherry Valley, Illinois 61016 is $69,358. The median household income for the surrounding county is $57,779 compared to the national median of $69,021. The median age of people living in Cherry Valley 61016 is 50.4 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.1 inches per year, with 35.1 inches of snow per year.