2342 Cherry Tree Ln, Diamond, IL 60416
Dining Room
Bedroom #1
OFF MARKET

2342 Cherry Tree Ln
Diamond, IL 60416

  • 2 Beds
  • 1 Bath
  • 975 sqft

$513,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,565/mo*

$513,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,565/mo*
2 Beds
1 Bath
975 sqft

Local Information

  • Map ViewExplore the area around 2342 Cherry Tree Ln.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Living Area
975 sqft
Price/Sqft
$527

About this House

Freshly painted bi-level townhouse with a one-car garage and unfinished basement. New carpet and vinyl flooring. Stove and fridge provided. Hook-up for washer and dryer.

Minimum of a one-year lease required. Tenant is responsible for all utilities (gas, electric, water, garbage, TV, phone, and internet) as well as snow removal. No smoking allowed. No pets.
2342 Cherry Tree Ln, Diamond, IL 60416 is a 2 bedroom, 1 bathroom, 975 sqft townhouse. It last sold for $317,500 on Jan 31, 2013 (28,764% above the $1,100 asking price). More recently, it was listed as a rental in June 2025 with an asking price of $1,100 per month. That rental listing was removed on June 24, 2025. It is currently off market. The Trulia Estimate is $513,500, with a rent estimate of $1,397/month.

Home Details for 2342 Cherry Tree Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached, On Site

Price History for 2342 Cherry Tree Ln

DatePriceEventSource
06/24/2025$1,100ListingRemovedZillow Rentals
06/09/2025$1,100Listed For RentZillow Rentals
05/01/2024ListingRemovedZillow Rentals
04/29/2024$1,025Listed For RentZillow Rentals
01/31/2013$317,500Sold
MRED as distributed by MLS GRID #08240590

Market trends in Diamond

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
6
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Property Tax and Assessment

Year2024
Tax$8,801
Assessment$461,838
Home facts updated by county records

Comparable Sales for 2342 Cherry Tree Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2.90
Townhouse
$287,500
04/20/26
3
2.5
2,400
2.94
Townhouse
$322,000
07/30/26
4
4
2,300
2.96
Townhouse
$338,000
11/12/25
4
3.5
2,400

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 2342 Cherry Tree Ln.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

Apartments for Rent

Homes for sale near 2342 Cherry Tree Ln

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Off Market Homes Near 2342 Cherry Tree Ln

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Frequently asked questions about 2342 Cherry Tree Ln

  • What is 2342 Cherry Tree Ln estimated to be worth?
    Trulia's estimated value for 2342 Cherry Tree Ln in Diamond, IL is $513,500.
  • What is the price history for 2342 Cherry Tree Ln?
    2342 Cherry Tree Ln in Diamond, IL last sold for $317,500 in January 2013.
  • 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.
  • Does 2342 Cherry Tree Ln have air conditioning?
    Yes, 2342 Cherry Tree Ln in Diamond, IL has air conditioning.
  • Does 2342 Cherry Tree Ln have parking?
    Yes, 2342 Cherry Tree Ln in Diamond, IL has on-site parking.