245 Rivers Edge, Cherry Valley, IL 61016
Property image
Property image
OFF MARKET

$449,500

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 3,421 sqft

245 Rivers Edge, Cherry Valley, IL 61016

Currently Off Market - Sold May 26, 2021 for $358,500

Home Value

Trulia Estimate
$450K
Since last month
Increased$5K (+1.2%)
Since last year
Increased$26K (+6%)
Since last sale
Increased$93K (+25.9%)
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 +136% in the last 10 years
MonthEstimated value
2026
August 2026$452K
August 2026$450K
July 2026$446K
June 2026$444K
May 2026$443K
April 2026$440K
March 2026$426K
February 2026$431K
January 2026$434K
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
0.21
Condo
$329,900
09/22/25
2
3
3,240
0.26
Condo
$285,000
04/01/26
2
2
1,503
0.26
Condo
$285,000
04/01/26
2
2
1,503
1.50
Condo
$322,000
08/27/26
2
2
1,572
1.50
Condo
$315,000
12/19/25
2
2
1,572
1.50
Condo
$315,000
12/26/25
2
2
1,572
1.44
Condo
$251,500
05/18/26
2
2
1,396
1.46
Condo
$251,500
05/18/26
2
2
1,396
1.46
Condo
$243,000
10/16/25
2
2
1,396
1.51
Condo
$299,000
08/27/26
3
3
1,921

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
0.18
$315,300
3
3
1,420
Off Market
0.18
$282,500
2
2
-
Off Market
0.19
$291,300
2
2
1,488
Off Market
0.21
$341,500
2
3
3,240
Off Market
0.22
$271,200
2
2
1,300
Off Market
0.23
$371,700
3
3
2,590
Off Market
0.27
$700,000
4
4.5
2,500
Recently Sold
0.25
$365,600
3
3
2,590
Off Market
0.26
$285,000
2
2
1,503
Recently Sold
0.26
$285,000
2
2
1,503
Recently Sold
0.32
$500,000
4
4.5
3,894
For Sale
0.32
$418,500
4
2.5
2,550
Off Market

Local Information

  • Map ViewExplore the area around 245 Rivers Edge.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
2004
Living Area
3,421 sqft
Price/Sqft
$131
Parking
Garage

About this House

This condo is located at 245 Rivers Edge, Cherry Valley, IL. 245 Rivers Edge is in Cherry Valley, IL and in ZIP code 61016. This property has 2 bedrooms, 2 bathrooms and approximately 3,421 sqft of floor space. This property was built in 2004.
245 Rivers Edge, Cherry Valley, IL 61016 is a 2 bedroom, 2 bathroom, 3,421 sqft condo built in 2004. It last sold for $358,500 on May 26, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $449,500, with a rent estimate of $2,865/month.

Home Details for 245 Rivers Edge

Interior Features

Interior Details
BasementNumber of Rooms: 4
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Brick
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: Condo

Price and Tax history

DateEventPrice
May 26, 2021
Source: MRED as distributed by MLS GRID #10933256
Sold
$358,500
May 6, 2021
Source: MRED as distributed by MLS GRID #10933256
Pending
$374,900
Apr 23, 2021
Source: MRED as distributed by MLS GRID #10933256
PendingToActive
$374,900
Apr 23, 2021
Source: MRED as distributed by MLS GRID #10933256
Pending
$374,900
Mar 26, 2021
Source: MRED as distributed by MLS GRID #10933256
Listed For Sale
$374,900

Market trends in Cherry Valley

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
10
4
MoM

What Locals Say about Cherry Valley

At least 26 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 89 % Say parking is easy

  • 82 % Say car is needed

  • 82 % Say yards are well-kept

  • 77 % Say kids play outside

  • 77 % Say there's holiday spirit

  • 71 % Say people would walk alone at night

  • 69 % Say there are sidewalks

  • 66 % Say there's wildlife

  • 63 % Say it's quiet

  • 57 % Say they plan to stay for at least 5 years

  • 55 % Say neighbors are friendly

  • 52 % Say it's walkable to restaurants

  • 42 % Say there are community events

  • 41 % Say streets are well-lit

  • 21 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "The mall has a lot of traffic. Also the police officers do random speed traps of Harrison avenue. Houses are overpriced and parks are not well maintained. "
  • Trulia User
    "Cherry Valley is safe with children playing outside all the time. There are several parks within 3 blocks of my home with one being Baumann Park with river access for kayaking or fishing. This is a vey family friendly area"
  • Trulia User
    "We have frequent parades, festivals, and community events. Also the public works department keeps our community and grounds well maintained. There are three playgrounds within three blocks and Baumann Park is beautiful. This town has everything we could ever need."
  • Getfitnation
    "Very Dog friendly. Seems like dogs are all over the place. Some owners even walk two dogs at a time. Owners do a great job cleaning up after there Dogs. "
  • Pete A.
    "Good area. Spread out. Dog walking ok. Bike riding ok. nice parks and schools. Close access to major shopping mall"
  • Pete A.
    "Great small town close to tollways and a large mall. Main Street is brick with a river running through it."
  • Tylerawitkowski
    "the Village is one of the homiest places ive ever lived. friendly town with multiple parks within walking distance. within 10 minutes of everything I need. I LOVE this town."
  • SDM67
    "Not applicable to me at this time. While visiting my commute is 60 miles and don't usually have a problem with traffic. "
  • Pete A.
    "Great area safe good brand new school. Library good and city services. Near tollways and a large mall plenty of open space and parks"
  • Allison D.
    "Cherry Valley Days in August is fun and occurs in the historical district of Cherry Valley. Fireworks on the 4th of July is also very nice."
  • Pete A.
    "Nice quiet town. Combination of old and new housing. New school being built. Nice river views and parks. Downtown is quaint. "
  • Hotsprings919
    "Cherry Valley is a hidden treasure. Less than a mile to I90. An hour from Ohare. Quiet, great park with a lake, fishing, bike/walking path, canoe/kayak access to Kishwaukee River, safe secure sanctuary yet minutes from all the ammenities of the Rockford area. "

LGBTQ Local Legal Protections

Frequently asked questions about 245 Rivers Edge

  • What is 245 Rivers Edge estimated to be worth?
    Trulia's estimated value for 245 Rivers Edge in Cherry Valley, IL is $449,500.
  • What is the price history for 245 Rivers Edge?
    245 Rivers Edge in Cherry Valley, IL last sold for $358,500 in May 2021.
  • Is Cherry Valley a buyer's or seller's market?
    Cherry Valley is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Cherry Valley?
    Residents describe Cherry Valley, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Cherry Valley, IL.
  • Does 245 Rivers Edge have air conditioning?
    Yes, 245 Rivers Edge in Cherry Valley, IL has air conditioning.

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