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224 Nelson Pkwy, Cherry Valley, IL, 61016

2beds
3baths
1,490sqft
$335,000
$225price/sqft
$2,540/moest. monthly cost
$101,600/yrincome needed

About This Home

All brick ranch condo built by Zentz 2 bedroom 3 bath finished LL quartz countertops,Black slate GE appliances,newer furnace,a/c,water heater, ceramic tile,42” kitchen cabinets,new trex deck, very well maintained

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

7/10
4/10
1/10
Jefferson High SchoolGrades 9-124.1 mi

Construction

Condition

  • Year built: 2004

Materials

  • Roof: Shake / Shingle

Type & Style

  • Home type: Condo

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Tile,Carpet
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,490 sqft

Property

Details

  • Parcel number: 0531104051

Features

  • Exterior features: Brick

Parking

  • Parking features: Garage - Attached

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

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

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 $1,693$20,316
Home Insurance *$162$1,944
Property Taxes $555$6,660
Electricity $130$1,569
Total$2,540$30,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,085/yr
40% on housing$76,200/yr
45% on housing$67,733/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: 12.0%
12.0%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$225This listing

vs Other Active Listings

Avg $/sqft

ZIP 61016$155
Boone County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 61016$144
Boone County$181

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
2026-05-15Listed for sale$335,000
2020-08-17Sold$187,000
2005-03-11Sold$163,000

For Sale by Owner

AgentProperty Owner

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