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Cerro Gordo, IL Home for Sale

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    $105,000

    • 3 Beds
    • 1 Bath
    • 1,776 Sq Ft

    117 W South St, Cerro Gordo, IL 61818

    Embrace the charm of small-town living! Relax on the inviting, covered front porch, perfect for morning coffee. Inside, you'll find two comfortable main-level bedrooms plus a spacious third bedroom upstairs that works wonderfully as a playroom, office, or hobby space. The home features gorgeous hardwood floors throughout, an updated bathroom, and newer windows in most rooms for added efficiency.

    Ryan Dallas RYAN DALLAS REAL ESTATE

    117 W South 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 $124,454.
How many homes have sold over the last 12 months in Cerro Gordo, IL?
20 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 62501, 62521, 61925, 62526 and 61937.
How much do you need to make to afford a house in Cerro Gordo?
The median home price in Cerro Gordo is $125,000. If you put a 20% down payment of $25,000 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $27K 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
$119,575
Median Single Family Sale Price
$110,000
Average Price Per Sq Ft
$79
Number of Homes for Sale
1
Last 12 months Home Sales
20
Months of Supply
0.60
Median List Price
$125,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
5%
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