Cherrywood, Bolingbrook, IL
Cherrywood — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Cherrywood, Bolingbrook, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Cherrywood Neighborhood Overview
Cherrywood is a residential neighborhood in the vibrant village of Bolingbrook, Illinois. Characterized by its quiet, family-friendly streets, it offers a suburban retreat within the larger Chicago metropolitan area. The community provides a balanced lifestyle with convenient access to urban amenities.
Lifestyle & Amenities
Residents enjoy proximity to local parks, shopping centers, and dining options that cater to everyday needs. The neighborhood's setting in Bolingbrook means larger regional attractions, including the Bolingbrook Golf Club and The Promenade Bolingbrook shopping center, are just a short drive away. This blend of local convenience and nearby major retail makes for a practical and enjoyable living experience.
Real Estate Market
The real estate in Cherrywood primarily consists of single-family homes, reflecting solid suburban value. With a Census median home value of $242,100 and a current market price per square foot around $245, the neighborhood presents an accessible market. Current listing data indicates a dynamic market for both buyers and renters in the area.
Schools & Education
Families in Cherrywood are served by the Valley View Community Unit School District 365U, which operates several schools in the Bolingbrook area. The district provides educational services from elementary through high school. Parents have access to both public and nearby private schooling options to meet their children's needs.
Transportation & Connectivity
Cherrywood is well-connected by major roadways, including Interstate 55 and Route 53, facilitating easy commutes to Chicago, Naperville, and other employment centers. While the neighborhood itself is primarily car-dependent, public transit options are available through the Pace bus system. This connectivity is a key advantage for working professionals and families alike.
Why Choose Cherrywood
Cherrywood appeals to those seeking an affordable, stable community with a median household income of $87,009. It offers the quintessential suburban lifestyle with the benefits of Bolingbrook's extensive amenities and services. For homebuyers looking for value in the southwest suburbs, Cherrywood represents a compelling and practical choice.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Cherrywood Market Data
| Metric | Value |
|---|---|
| Median Home Price | $242K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $87K |
| Homeownership Rate | 73.9% |
| Renter-Occupied | 26.1% |
| Rental Vacancy Rate | 4.0% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60440 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Cherrywood, Bolingbrook
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Cherrywood, Bolingbrook, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12