7040 River Rd, Cherry Valley, IL 61016
OFF MARKET

7040 River Rd
Cherry Valley, IL 61016

  • 2 Beds
  • 1 Bath
  • 934 sqft (on 5.01 acres)

$236,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,739/mo*
Refinance Your Home

$236,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,739/mo*
Refinance Your Home
2 Beds
1 Bath
934 sqft
(on 5.01 acres)

Local Information

  • Map ViewExplore the area around 7040 River Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1973
Lot Size
5.01 acres
Living Area
934 sqft
Price/Sqft
$253

About this House

This single-family home is located at 7040 River Rd, Cherry Valley, IL. 7040 River Rd is in Cherry Valley, IL and in ZIP code 61016. This property has 2 bedrooms, 1 bathroom and approximately 934 sqft of floor space. This property has a lot size of 5.01 acres and was built in 1973.
7040 River Rd, Cherry Valley, IL 61016 is a 2 bedroom, 1 bathroom, 934 sqft single-family home built in 1973. It last sold for $77,500 on Jul 26, 2002. It is currently off market. The Trulia Estimate is $236,700, with a rent estimate of $1,527/month.

Home Details for 7040 River Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 5.01 acres

Price History for 7040 River Rd

DatePriceEventSource
07/26/2002$77,500Sold
N/A

Market trends in Cherry Valley

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
6
2MoM
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Property Tax and Assessment

Year2024
Tax$4,383
Assessment$171,006
Home facts updated by county records

Comparable Sales for 7040 River Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7722 Shirley Rd, Cherry Valley, IL
0.83
Single-Family Home
$215,000
03/31/26
4
2
2,994
8162 S Perryville Rd, Cherry Valley, IL
1.91
Single-Family Home
$350,000
07/06/26
2
1
700
6155 S Perryville Rd, Cherry Valley, IL
1.83
Single-Family Home
$289,900
01/28/26
2
1
1,581
1406 Wheeler Rd, Cherry Valley, IL
1.51
Single-Family Home
$245,000
11/26/25
4
1
2,400
4446 Clover Crest Ln, Rockford, IL
3.14
Single-Family Home
$102,500
06/05/26
3
2
1,120
6735 Country Ln, Rockford, IL
3.26
Single-Family Home
$218,000
07/28/26
3
1
963
4831 Lindbloom Ln, Cherry Valley, IL
2.81
Single-Family Home
$335,500
04/13/26
3
2
1,568
6338 Thicket Ln, Cherry Valley, IL
2.48
Single-Family Home
$390,000
02/20/26
5
2.5
2,592
709 Clayton St, Cherry Valley, IL
3.55
Single-Family Home
$115,000
03/12/26
2
1
910
6793 Butterfield Dr, Cherry Valley, IL
2.72
Single-Family Home
$315,000
08/29/25
3
2.5
1,818

Nearby homes

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Assigned Schools

These are the assigned schools for 7040 River Rd.

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

  • 81 % Say yards are well-kept

  • 79 % Say kids play outside

  • 77 % Say there's holiday spirit

  • 73 % Say people would walk alone at night

  • 69 % Say there are sidewalks

  • 66 % Say there's wildlife

  • 61 % Say it's quiet

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

  • 55 % Say neighbors are friendly

  • 54 % 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. "
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  • 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"
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  • 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."
    0
    Flag
  • 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. "
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    Flag
  • Pete A.
    "Good area. Spread out. Dog walking ok. Bike riding ok. nice parks and schools. Close access to major shopping mall"
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  • Pete A.
    "Great small town close to tollways and a large mall. Main Street is brick with a river running through it."
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  • 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."
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  • SDM67
    "Not applicable to me at this time. While visiting my commute is 60 miles and don't usually have a problem with traffic. "
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  • 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"
    1
    Flag
  • 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."
    0
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  • Pete A.
    "Nice quiet town. Combination of old and new housing. New school being built. Nice river views and parks. Downtown is quaint. "
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  • 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. "
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LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 7040 River Rd

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Off Market Homes Near 7040 River Rd

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Frequently asked questions about 7040 River Rd

  • What is 7040 River Rd estimated to be worth?
    Trulia's estimated value for 7040 River Rd in Cherry Valley, IL is $236,700.
  • What is the price history for 7040 River Rd?
    7040 River Rd in Cherry Valley, IL last sold for $77,500 in July 2002.
  • 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.
  • How big is the lot at 7040 River Rd?
    The lot at 7040 River Rd in Cherry Valley, IL is about 5 acres.