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    739 Elgin St Cherry Valley, IL 61016

    For Sale
    $279,000

    2 Units - CHERRY VALLEY, IL

    Days on Market:
    17
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 739 Elgin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    1601254005
    Parking
    6
    Interior features
    Additional Parking, Laundry In Building, Storage Area
    Appliances
    Cooktop, Dryer, Refrigerator

    Utilities

    Heating system
    Hot Water (Heating), Steam
    Cooling system
    Window Unit(s)

    Building Details

    Roof type
    Shingle
    Architectural style
    Other

    Dickerson & Nieman (815) 381-6804 [email protected]

    Listing agent Patrick Sullivan (815) 227-5900 License #475132430

    Listing date Nov 21, 2025

    MLS# 202507231 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Duplex in Cherry Valley

    This spacious duplex, situated in the heart of Cherry Valley, offers classic downtown character and a versatile layout. One unit features a large 3-bedroom, 3-bathroom floor plan, complete with an attached 2-car garage, a living room, a family room, and a generous eat-in kitchen. The second unit provides an efficient 1-bedroom, 1-bathroom layout, including a living room and kitchen space. The property is currently on well and septic but will be converted to city water and sewer prior to closing. Additional features include an unfinished open basement with laundry and storage, and a tree-lined half-acre lot providing ample outdoor space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Valley
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.945451
    Latitude
    42.236003

    FAQs

    What type of property is this?
    Duplex - Two-unit property with versatile layouts and classic downtown character.
    Where is this duplex located?
    The property is located at 739 Elgin St Cherry Valley, IL.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - Spacious 3 bedroom, 3 bathroom unit with attached 2 car garage.; - Conversion to city water and sewer prior to closing.; - Tree-lined half-acre lot offering ample outdoor space.
    (815) 227-5900
    Request Owner's contact information
    739 Elgin St Cherry Valley, IL 61016
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    Cherry Valley, IL 61016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    739 Elgin St Cherry Valley, IL 61016
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