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218 E Cherry St, Columbia, IL, 62236

3beds
2baths
2,000sqft
$305,000
$153price/sqft
$2,252/moest. monthly cost
$90,080/yrincome needed

About This Home

Investor-ready or ideal for a future owner-occupant—this recently renovated 3-bedroom, 2-bath home offers built-in income through December 7, 2026, allowing you to generate immediate rental income with the option to occupy later or continue as a rental. The home features a partially finished full basement, abundant storage, and a 2-car garage, delivering both functionality and long-term value. A full appliance package is included—dishwasher, range/oven, microwave, refrigerator, plus washer and dryer—supporting strong tenant appeal and retention. Currently tenant-occupied at $2,300/month with lease in place through December 7, 2026. Information is believed to be reliable but not guaranteed; buyers and their agents should independently verify all details. Do not disturb tenants outside of confirmed appointments.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

--
8/10
Columbia Middle SchoolGrades 5-80.9 mi
8/10
Columbia High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1936

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Range,Electric Oven,Refrigerator,Stainless Steel Appliance(s),Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 400
  • Finished area above ground: 1,600

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,000
  • Total interior livable area: 2,000 sqft

Property

Details

  • Parcel number: 0415366007000
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Fencing: Perimeter

Lot

  • Lot size: 9,713 sqft
  • Features: City Lot
  • Lot size dimensions: 100' x 66' x 151' x 42' x 28' x 27'

Parking

  • Total spaces: 2
  • Parking features: Detached,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Strong Wind
Tornado
Cold Wave
Earthquake
Hail
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,542$18,504
Home Insurance *$186$2,232
Property Taxes $371$4,452
Electricity $153$1,845
Total$2,252$27,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,211/yr
40% on housing$67,560/yr
45% on housing$60,053/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$153This listing

vs Other Active Listings

Avg $/sqft

ZIP 62236$170
Monroe County$190

vs Homes Sold Last Month

Median $/sqft

ZIP 62236$154
Monroe County$157

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2024-10-31Listing removed$2,250
2024-10-23Price change$2,250
2024-09-04Listed for rent$2,500
2021-09-24Sold$255,000
2021-09-10Pending sale$249,900
2021-08-18Contingent$249,900
2021-08-13Listed for sale$249,900
2020-12-30Sold$102,500
2020-12-01Pending sale$99,900
2020-11-24Listed for sale$99,900

Coming Soon

AgentScott Miller
BrokerageSGM Realty, LLC

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