Condos InLake Forest, IL

Lake Forest, IL Condo Market Report (In last 12 months)

Avg. List Price

$803,089 ($338/Sqft.)

Year-Over-Year List Price

6.15%

Total Listings

Avg. Days on Market

Avg. Sale Price

$741,258 ($317/Sqft.)

Year-Over-Year Sale Price

17.34%

Total Sold

Avg. HOA Fees/Sqft.

$5/monthly

Lake forest, IL Condo Market Overview

Welcome to Lake Forest, where serene suburban charm meets modern sophistication. Nestled along the shores of Lake Michigan, this picturesque gem boasts an inviting condo market that offers a range of living options for all lifestyles. From luxurious lakefront high-rises in the charming downtown area to more affordable, spacious condos in tranquil neighborhoods like East Lake Forest, there's something to suit every taste and budget. Residents enjoy breathtaking lakeside views, lush parks, and a wealth of recreational activities, making the outdoors an integral part of everyday life. The vibrancy of the local community is enhanced by eclectic boutiques, gourmet dining, and prestigious schools, contributing to a rich tapestry of cultural experiences. Whether you seek a stylish urban lifestyle or a peaceful retreat surrounded by nature, Lake Forest offers a unique blend of charm, elegance, and convenience that makes it a delightful place to call home. Experience the elegance and warmth of this enchanting suburb, where every day brings new opportunities for joy and connection!

Condos For Sale In Lake Forest, IL

Popular Condos Neighborhoods in Lake Forest, IL

Explore Lake Forest, IL Neighborhoods

Lake Forest is a picturesque suburban gem renowned for its stunning natural landscapes and historic architecture. With a vibrant cultural scene, lush parks, and a strong sense of community, this charming city offers residents an ideal blend of tranquility and convenience, just a short drive from the bustling heart of Chicago.

Frequently Asked Questions About Lake Forest, IL

What is it like to live in Lake Forest?

Lake Forest offers a luxurious residential environment characterized by expansive homes, beautiful landscapes, and a strong sense of community. The city is well-connected through major roads and has access to Metra train services, providing commuters with a convenient travel option to Chicago. Lake Forest is also known for its highly rated schools and proximity to Lake Michigan, enhancing the quality of life for residents.

What is it like to live in Lake Forest?

Is Lake Forest expensive?

Lake Forest is known for its high real estate prices, consistently ranking among the most expensive suburbs in the Chicago metropolitan area. The average home price exceeds $1 million, influenced by its desirable location, top-rated schools, and exclusive amenities.

Is Lake Forest expensive?

How much is a condo in Lake Forest?

Condo prices in Lake Forest typically range from $200,000 to over $600,000, depending on size, location, and amenities. The market features a variety of options, from older units to new construction, catering to different buyer preferences.

How much is a condo in Lake Forest?

What are the safest neighborhoods in Lake Forest?

Lake Forest is known for its low crime rates and strong community safety, with neighborhoods like the Estates of Lake Forest and the historic district frequently highlighted as particularly safe. The city features well-maintained parks and a responsive public services system that enhances overall security and quality of life.