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Cherry, IL Real Estate


According to census data in the year 2000 there were 226 housing units in Cherry. This represents a 13.6% growth from 199 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 226 were located in what is classified as a rural area.

Homeownership rate in Cherry is about 82.1%. Cherry's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Cherry were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4%
Two Bedrooms38.90%
Three Bedrooms44.20%
Four Bedrooms11.90%
Five Bedrooms or more0.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1939
Median Value of occupied units$66,700
Median Price asked for vacant units$87,500

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1944

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan4.10%
Simple Mortgage53.30%
Debt Free38.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%