2331 Cherry Tree Ln, Diamond, IL 60416
OFF MARKET

$401,300

Trulia Estimate
  • 9 Beds
  • 5 Baths

2331 Cherry Tree Ln, Diamond, IL 60416

Home Value

Trulia Estimate
$401K
Since last month
Decreased$13K (-3.2%)
Since last year
Decreased$3K (-0.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +47% in the last 10 years
MonthEstimated value
2026
August 2026$401K
August 2026$394K
July 2026$414K
June 2026$417K
May 2026$413K
April 2026$410K
March 2026$390K
February 2026$398K
January 2026$390K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.60
Multi-Family Home
$314,900
12/30/25
3
3.5
2,050
0.65
Multi-Family Home
$269,000
06/30/26
3
2.5
1,326
0.64
Multi-Family Home
$232,000
12/05/25
2
2
1,210
0.67
Multi-Family Home
$269,900
05/18/26
2
2
1,500
0.79
Multi-Family Home
$265,000
06/29/26
2
2
1,275
1.15
Multi-Family Home
$348,000
05/15/26
2
2
1,683
1.62
Multi-Family Home
$290,000
02/17/26
4
2.5
1,812
1.49
Multi-Family Home
$235,000
10/08/25
2
2
1,350
1.51
Multi-Family Home
$267,000
09/03/26
2
2
1,100
1.46
Multi-Family Home
$242,000
06/09/26
2
1
975

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.11
$195,000
3
2
950
Off Market
0.08
$133,100
3
2
1,568
Off Market
0.09
$31,200
2
1
-
Off Market
0.05
-
-
-
-
Off Market
0.11
$58,500
3
2
1,280
Off Market
0.12
$132,800
3
2
1,568
Off Market
0.13
$133,200
3
2
1,568
Off Market
0.13
$198,200
2
1
1,100
Off Market
0.15
$289,000
3
2
1,215
Off Market
0.17
$133,600
3
2
1,568
Off Market
0.18
$193,000
3
1
1,105
Off Market
0.17
$32,000
2
1
-
Recently Sold

Local Information

  • Map ViewExplore the area around 2331 Cherry Tree Ln.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 2002

About this House

This multi-family home is located at 2331 Cherry Tree Ln, Diamond, IL. 2331 Cherry Tree Ln is in Diamond, IL and in ZIP code 60416. This property has 9 bedrooms and 5 bathrooms. This property was built in 2002.
2331 Cherry Tree Ln, Diamond, IL 60416 is a 9 bedroom, 5 bathroom multi-family built in 2002. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $401,300, with a rent estimate of $1,543/month.

Home Details for 2331 Cherry Tree Ln

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: Multi Family

Price and Tax history

DateEventPrice
Nov 7, 2012
Source: Agent Provided
ListingRemoved
$365,000
Oct 12, 2011
Source: Agent Provided
Listed For Sale
$365,000

Market trends in Diamond

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
5
1
MoM

What Locals Say about Diamond

At least 26 Trulia users voted on each feature.
  • 94 % Say it's dog friendly

  • 94 % Say kids play outside

  • 86 % Say car is needed

  • 84 % Say parking is easy

  • 84 % Say there's holiday spirit

  • 77 % Say it's walkable to restaurants

  • 77 % Say people would walk alone at night

  • 75 % Say yards are well-kept

  • 69 % Say streets are well-lit

  • 66 % Say neighbors are friendly

  • 66 % Say there are sidewalks

  • 63 % Say there's wildlife

  • 62 % Say it's quiet

  • 52 % Say they plan to stay for at least 5 years

  • 47 % Say it's walkable to grocery stores

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Hiltrace
    "Nice neighborhood, decent park, decent schools. Close to a highway. Growing area. Not too big, not overpopulated. Needs more diversity and more restaurants."
  • Cassidy F.
    "Dog owners will be able to walk their dogs. It is common for people to have dogs, and only 5 minutes away there is a dog park in Coal City."
  • Hiltrace
    "Diamond day is an attempt at a nice social event. We could use some more social events. Garage sales day is nice."
  • Rstmll
    "Good neighbors and small town values are abundant. Many good restaurants within 5 miles or less. Several gyms in local area also. "

LGBTQ Local Legal Protections

Frequently asked questions about 2331 Cherry Tree Ln

  • What is 2331 Cherry Tree Ln estimated to be worth?
    Trulia's estimated value for 2331 Cherry Tree Ln in Diamond, IL is $401,300.
  • Is Diamond a buyer's or seller's market?
    Diamond is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Diamond?
    Residents describe Diamond, IL as dog-friendly, easy to park in, and walkable to restaurants. See recently sold homes in Diamond, IL.
  • What are the closest schools to 2331 Cherry Tree Ln?
    The closest schools to 2331 Cherry Tree Ln in Diamond, IL are Coal City Early Childhood Center (Pre-K/Elementary), Coal City Elementary School (rated 7/10), Coal City High School (rated 7/10).

Apartments for Rent

Off Market Homes Near 2331 Cherry Tree Ln

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Homes for sale near 2331 Cherry Tree Ln

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