Piper Cherokee 140 Aircraft in Illinois
Illinois has a strong GA market centred on Chicago (DuPage, Waukegan, Aurora) and downstate (Champaign, Bloomington). The Midwest aviation industry includes major MRO and refurbishment shops. Flat terrain makes Illinois ideal for training and cross-country flying.
1 used Piper Cherokee 140 aircraft for sale in Illinois · 4-seat · updated 13 hours ago
About the Piper Cherokee 140
The Piper Cherokee 140 (PA-28-140) is the original two/four-seat entry-level Cherokee, built from 1964 and powered by a 140-150 hp Lycoming O-320 on the classic constant-chord "Hershey bar" wing. Many were sold as two-seat trainers and later equipped for four, cruising around 110 knots. As one of the cheapest certified four-seaters on the market, the Cherokee 140 remains a popular first aircraft and time-builder, and the PA-28-140 specs are among the most searched in the whole Cherokee line.
Piper Cherokee 140 Specifications
Model specThe Piper Cherokee 140 is a 4-seat single engine piston with a cruise speed of 115 kt (213 km/h), a range of 455 nm (843 km).
1 Piper Cherokee 140 For Sale
Compare Piper Cherokee 140
See how the Piper Cherokee 140 stacks up against similar aircraft in specs, price, and operating costs.
Piper Cherokee 140 Price & Cost
Based on 26 priced listings.
Key price factors: engine time to overhaul, year and airframe hours, avionics, damage history and logbook completeness — see the buying guide below for the full pre-purchase checklist.
Piper Cherokee 140 Value by Model Year
Median asking price by year of manufacture. Newer airframes command a premium; value falls with age then plateaus on older models.
Lowest around $204,900 (2001 models) · highest around $491,000 (2023). Bars scaled across the range to show the depreciation curve; hover for exact medians.
Buying a Used Piper Cherokee 140
Every Piper Cherokee 140 faces a mandatory 2,000-hour overhaul, so the single biggest factor in used price is how much time remains before that overhaul is due — a fresh-overhaul airframe can be worth a large share of the $28,000 overhaul cost more than one approaching its limit.
What to check before buying
- Time to overhaul — hours and years remaining to the 2,000-hour limit; this dominates resale value more than total time.
- Logbook completeness — continuous, gap-free maintenance records; missing logs cut value and complicate financing.
- Damage history — any prior accident, hard landing or blade strike; cross-check the registration against accident databases.
- Avionics — a glass panel vs steam gauges materially changes price.
- Pre-buy inspection — always commission an independent inspection by a type-experienced mechanic before money changes hands.
Frequently Asked Questions — Piper Cherokee 140
How many seats does a Cherokee 140 have?
What engine is in the Piper Cherokee 140?
How fast is a Cherokee 140?
Does the Cherokee 140 have the wing-spar AD?
Piper Cherokee 140 Inventory by Country
| United States | 393 |
| United Kingdom | 39 |
| Germany | 21 |
| Canada | 15 |
| Switzerland | 13 |
| Australia | 12 |
Piper Cherokee 140 Inventory by State
| California | 49 |
| Florida | 42 |
| Texas | 38 |
| Kentucky | 18 |
| Missouri | 10 |
| Illinois | 10 |
| Louisiana | 9 |
| South Carolina | 9 |
| North Carolina | 9 |
| Arizona | 9 |
| Georgia | 8 |
| Michigan | 8 |
Piper Cherokee 140 by Price
| Under $100k | 184 |
| Under $200k | 394 |
| Under $300k | 424 |
| Under $500k | 444 |
Piper Cherokee 140 by Decade
| 1960s | 1 |
Recently Sold Piper Cherokee 140
| 1977 Arrow | $134,196 |
| 1963 Cherokee 235 | $125,000 |
| 1966 Cherokee 180 | $53,580 |
| 1979 Archer | $190,000 |
| 2005 Arrow | $300,552 |
| 1967 Cherokee 160 | $34,535 |
Piper Cherokee 140 Safety Record
Across all Cherokee 140 variants, 1 NTSB-recorded events are on file from 1984–1984. As with any aircraft, most outcomes depend on pilot training, maintenance and operating conditions rather than the airframe itself.
Most Recent Events
| Date | Location | Severity | Probable Cause |
|---|---|---|---|
| Nov 24, 1984 | PENNINGTON, NJ | Minor | — |
NTSB records 1984–1984. Includes all Piper Cherokee 140 variants. Events ≠ aircraft fault.