Winnebago County, Illinois
Cherry Valley Real Estate and Local Guide
Cherry Valley is a village on the southeast edge of the Rockford metro area, best known for CherryVale Mall and a downtown of small brick buildings from the turn of the twentieth century. Ranked Realty pairs verified local data with the agents who know Cherry Valley best.
About the area
Living in Cherry Valley, IL
One of only a handful of Illinois communities that does not levy a municipal property tax, relying on sales-tax revenue instead.
The housing market
Homes in Cherry Valley
- About 82% of occupied housing units are owner-occupied.
- Roughly 64% of housing units are detached single-family homes.
- The median owner-occupied home value is about $222,400.
Landmarks and lifestyle
What makes Cherry Valley home
CherryVale Mall
One of the first enclosed shopping malls in Illinois and the village's primary sales-tax revenue source
Six Flags Hurricane Harbor Rockford
Water park formerly known as Magic Waters, managed by Six Flags since 2018
Kegel Motorcycle Company
Dealership with a strong claim to being the world's oldest Harley-Davidson dealership
Baumann Park
Home to Cherry Valley Lake east of the Kishwaukee River
For agents
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Local facts on this page are verified against public sources as part of the AppWT local-data project. Data reflects the most recent available figures.