As Herrera lay in the Army hospital recovering from his wounds, President Truman was not sure the young man would be well enough for a formal presentation of the Medal of Honor. However, on August 23, 1945, Silvestre rolled his wheelchair across the White House lawn so that the President could present him with his award.

Valle Del Sol, Inc. recognized Herrera with a Special Recognition Award in 1994, and with a Hall of Fame award in 1999. On March 13, 1996, Herrera was honored by the United States House of Representatives upon recommendation of Congressman Ed Pastor. An elementary school in Phoenix, Arizona — the Silvestre S Herrera School — bears his name.

On October 24, 1998, the United States Army Reserve Center in Mesa, which houses the 164th Corps Support Group and later, the 6253rd United States Army Hospital, was dedicated in honor of Silvestre S. Herrera. This dedication was thanks in large part to the efforts of neighbor and long time admirer of Herrera, Sergeant Major Douglas Mattson (retired).

“He told me he would rather be awarded the Medal of Honor than be president of the United States,” Herrera recalled in a 2005 interview. “That made me even more proud.”

On November 26, 2007, Herrera died at his home in Glendale, Arizona. He was buried with full military honors in Section 26, Block 16, Lot 1 of the West Resthaven Park Cemetery in Glendale. He was buried alongside his wife Ramona, who died in 1991.