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Cerro Gordo, IL Homes for Sale

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  • /42

    $197,500

    • 5 Beds
    • 2 Baths
    • 2,118 Sq Ft

    222 W Hunt St, Cerro Gordo, IL 61818

    Small-Town Living in the Cerro Gordo School District! Welcome home! This beautiful 5-bedroom, 2-bath two-story home is full of character and timeless charm. Situated on a spacious corner lot with nearly half an acre, the property features a 2-car detached garage, a wood deck perfect for relaxing, and ample space for gardening or outdoor hobbies. With over 2,000 square feet of living space, you’ll

    Nicole Pinkston KELLER WILLIAMS-TREC

    222 W Hunt St, Cerro Gordo, IL 61818
  • /48

    $545,000

    • 1 Bed
    • 2 Baths
    • 2,397 Sq Ft

    300 S Jackson St, Cerro Gordo, IL 61818

    Incredible Live/Work Investment Opportunity in Cerro Gordo! Located on high-visibility Highway 105 directly across from Cerro Gordo High School and next to Casey’s, this one-of-a-kind property offers the perfect blend of residential comfort and commercial potential. Whether you’re an entrepreneur, investor, or someone looking to combine home and business in one location—this property delivers.

    Tony Piraino Brinkoetter REALTORS®

    300 S Jackson St, Cerro Gordo, IL 61818
  • /27

    $139,900

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    121 W Frantz St, Cerro Gordo, IL 61818

    Well-maintained single owner 3-bedroom, 2-bath ranch in the Cerro Gordo School District with true one-level living! This home offers a functional layout with everything on the main floor, including a private primary suite with its own full bathroom. The kitchen features a new oven and opens nicely to the dining area, where a sliding door leads to the backyard—perfect for easy indoor/outdoor

    Tony Piraino Brinkoetter REALTORS®

    121 W Frantz St, Cerro Gordo, IL 61818

Why Live in Cerro Gordo

Cerro Gordo, IL, a small village in eastern Piatt County, is situated between Champaign and Decatur, offering a quiet, community-focused lifestyle. With a population of around 1,300, Cerro Gordo features a mix of home styles, including Traditional farm homes from the late 1700s, American Foursquares from the early 1900s, and ranch-style houses from the 1950s and 1970s. Most properties range from a quarter to half an acre, often including detached garages or small barns suitable for gardens or keeping hens. The local schools, Cerro Gordo Junior & Senior High, are highly rated, providing strong academic preparation for higher education at nearby universities such as the University of Illinois Urbana-Champaign. The village boasts three parks: Gordy Park with baseball diamonds and a splash pad, Born Park with a shaded playground, and Veterans Park with a memorial garden and picnic shelters. Dining options include Judy’s Kitchen & Catering and The Depot Bar, a popular spot for college students from Champaign. For shopping and entertainment, residents often travel 15 miles to Decatur or 20 miles to Hickory Mall in Forsyth. Illinois Route 105 connects Cerro Gordo to Decatur, while U.S. 36 and Interstate 72 provide access to Champaign. Decatur Airport offers regional flights, with major commercial routes available from Champaign’s Willard Airport or Springfield’s Abraham Lincoln Capital Airport.

Frequently Asked Questions

What is the average home price in Cerro Gordo, IL?
Homes for sale in Cerro Gordo, IL have an average home price of $152,747.
Are home prices dropping in Cerro Gordo?
Yes, home prices in Cerro Gordo are down 4% in the last 12 months.
How many homes have sold over the last 12 months in Cerro Gordo, IL?
21 homes have sold in Cerro Gordo, IL over the last 12 months.
What are the most popular zip codes in Cerro Gordo, IL?
The most popular zip codes in Cerro Gordo, IL include 61818, 62501, 62521, 61925 and 61937.
How much do you need to make to afford a house in Cerro Gordo?
The median home price in Cerro Gordo is $145,000. If you put a 20% down payment of $29,000 and had a 30-year fixed mortgage with an interest rate of 6.3%, your estimated principal and interest payment would be $720 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $31K a year to afford the median home price in Cerro Gordo. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Cerro Gordo, IL?
Cerro Gordo, IL has highly rated public and private schools. The best school in Cerro Gordo based on Niche Grade is Cerro Gordo Junior/Senior High School. Browse all the schools in Cerro Gordo, IL to learn more.

Home Trends in Cerro Gordo, IL

Housing Trends

Median Sale Price
$125,000
Median Single Family Sale Price
$123,150
Average Price Per Sq Ft
$79
Number of Homes for Sale
3
Last 12 months Home Sales
21
Months of Supply
1.70
Median List Price
$145,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
4%
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