$119,000
●
House -
In Contract
304 S Main Street
Cherry, IL 61317
2 Beds
1 Bath
981 Ft²
$757
Est. Monthly
About This Property
Well-maintained property situated on a large double corner lot with
garage space to spare! This home features new vinyl flooring,
9-foot ceilings, an open living room with an electric fireplace
that stays, and a spacious kitchen with plenty of wood cabinetry.
Stove, refrigerator, dishwasher, and microwave are included. Two
bedrooms, a full bath, and a front office/den provide comfortable
living space. The clean basement offers additional space, a laundry
area with washer and dryer included, a freezer that stays, and a
working shower and sump pump. Large detached two-car garage, with
lovely covered patio, plus an additional detached one-car garage.
The roof is approximately two years - water heater (4/2025) water
softener will remain but is not working.
Unit Size
981 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$121
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Gravel, Garage Door Opener, Garage, Detached, Driveway, Yes, Owned
Garage Spaces: 3
Interior Details
Full Bathrooms: 1
Interior Features: High Ceilings, 1st Floor Bedroom, 1st Floor Full Bath
Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Laundry Features: Main Level, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Electric
Fireplaces: 1
Basement: Unfinished, Full
Exterior Details
Square Footage: 981
Architectural Style: Traditional
Year Built: 1906
Other Structures: Second Garage
Construction Materials: Vinyl Siding
Patio and Porch Features: Patio, Porch
Lot Features: Corner Lot
Lot Size Area: 12632.4
Lot Size Units: Square Feet
Lot Size Acres: 0.29
Lot Size Square Feet: 12632.4
Lot Size Dimensions: 50x250
Water Source: Public
Financial Details
Tax Annual Amount: $2,069
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
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HOA + Taxes
About Cherry
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Listed by: Wendy Fulmer, Coldwell Banker Today's
Data Source: MRED, MLS# MRD12783196
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. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: MRED, MLS# MRD12783196
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