To meet the demands of laser ion acceleration at a high repetition rate, we have developed a comprehensive diagnostic system for real-time and in-situ monitoring of liquid sheet targets (LST) generated by the collision of two liquid jets. The spatially resolved rapid characterizations of a LST's thickness, flatness, tilt angle and position are fulfilled by different subsystems with high accuracy. With the help of the diagnostic system, we reveal the dependence of thickness distribution on collision parameters and the determinants of LSTs' flatness and tilt angle, which are essential for applications of laser-driven ion acceleration and others.