Condos InLake Villa, IL

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

Avg. List Price

$322,268 ($180/Sqft.)

Year-Over-Year List Price

25.04%

Total Listings

113

Avg. Days on Market

Avg. Sale Price

$301,805 ($176/Sqft.)

Year-Over-Year Sale Price

33.01%

Total Sold

101

Avg. HOA Fees/Sqft.

$9/monthly

Lake villa, IL Condo Market Overview

Lake Villa invites you to embrace a serene lifestyle surrounded by natural beauty and community spirit. Nestled beside the picturesque Chain O’Lakes, the condo market here offers an appealing mix of waterfront living and cozy suburban charm. From modern, lakefront high-rises boasting stunning views and upscale amenities, to more affordable townhome-style condos in family-friendly neighborhoods like Cedar Lake and Summer Hill, there is something for every budget and taste. Residents enjoy a vibrant lifestyle with a myriad of outdoor activities, including boating, fishing, and hiking in nearby parks. The quaint downtown area is lined with boutique shops, eateries, and local farmers' markets, fostering a close-knit community feel. With excellent schools and easy access to major highways, Lake Villa is perfect for those seeking tranquility without sacrificing convenience. Explore the diverse options available and discover your dream home in this inviting lakeside enclave!

Condos For Sale In Lake Villa, IL

Popular Condos Neighborhoods in Lake Villa, IL

Explore Lake Villa, IL Neighborhoods

Lake Villa is a charming community nestled in the heart of Lake County, celebrated for its picturesque lakes and vibrant recreational offerings. With a blend of friendly neighborhoods, lush parks, and local festivals, this quaint town fosters a close-knit atmosphere while providing easy access to both natural beauty and suburban conveniences.

Frequently Asked Questions About Lake Villa, IL

What is it like to live in Lake Villa?

Lake Villa offers a suburban lifestyle with a variety of single-family homes and townhouses, making it appealing for families and commuters. The village is served by Metra train services, providing convenient access to Chicago, and features several parks and lakes for outdoor activities.

What is it like to live in Lake Villa?

Is Lake Villa expensive?

Lake Villa's cost of living is generally in line with the national average, with median home prices around $300,000, making it more affordable than many neighboring communities in Lake County. The real estate market features a mix of single-family homes and townhouses, catering to various budgets.

Is Lake Villa expensive?

How much is a condo in Lake Villa?

The average price of a condo in Lake Villa typically ranges from $150,000 to $300,000, depending on factors like location, size, and amenities. The area features several condo developments that offer access to Lake Michigan as well as local amenities.

How much is a condo in Lake Villa?

What are the safest neighborhoods in Lake Villa?

Lake Villa offers several neighborhoods noted for their safety, including the communities surrounding Lake Villa's residential areas and local parks like Lehmann Park. The overall low crime rates contribute to the appeal of these neighborhoods for families and individuals seeking a secure environment.