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Lakeridge Homes for Sale

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  • /26

    $98,500

    • 3 Beds
    • 1 Bath
    • 1,256 Sq Ft

    1143 S 44th St, Decatur, IL 62521

    Do the finishing touches and this will be a super cute house. Gutters and soffit 2018. Washer and Dryer are currently in the garage, but, there is plumbing for the washer in the 3rd bedroom. The garage is heated. With an acre that is fenced in, it's the perfect place for kids or pets! Being sold AS-IS

    Diane Otta Brinkoetter REALTORS®

    1143 S 44th St, Decatur, IL 62521
  • /31

    $174,500

    • 3 Beds
    • 2 Baths
    • 1,769 Sq Ft

    4324 E Cleveland Ave, Decatur, IL 62521

    This lovingly cared for one owner home is located on the East side of Decatur. Close to Little Peoples Prep School. Baum Elementary and Montessori Academy! The airport is easy access for those last minute weekend getaways!! Plenty of shopping and restaurants near by. Home features 3 bedrooms,2 full baths, Anderson replacement windows. A spacious master bedroom and family room addition has

    Kathy York Brinkoetter REALTORS®

    4324 E Cleveland Ave, Decatur, IL 62521

Why Live in Lakeridge

Lakeridge, a tranquil residential neighborhood on Decatur’s east side, offers a blend of suburban living and convenient access to local attractions. Residents are within a few miles of Lake Decatur and the Decatur Airport, providing opportunities for both water activities and air travel. The neighborhood is less than half a mile from Lake Decatur’s Staley Basin, with the Fishing Spot Boat Launch just a mile north, offering free public access for boaters and kayakers. The Country Club of Decatur, featuring a golf course, sports courts, and pools, is nearby, providing various membership options. For outdoor recreation, Baker Woods Estate Park is just east of Lakeridge, while the Scovill Zoo and Nelson Park, with its marina, water park, and amphitheater, are within a short drive. Lakeridge’s streets are lined with spacious green yards and mature shade trees, with homes set back to provide privacy. The neighborhood predominantly features ranch-style homes, along with some split-level, traditional two-story, and bungalow-style houses. Properties are well-maintained and frequently updated, with prices ranging from $70,000 to $200,000, generally below the city’s average. Despite the lower prices, the homes are in good condition. The neighborhood's proximity to Highway 36 ensures easy access to Downtown Decatur and Interstate 72, facilitating travel to Springfield and Chicago. However, public transit options are minimal, making car travel essential. Retail and dining options are available along Highway 36 and Illinois State Route 121, including the Chevrolet Hall Of Fame Museum, Stix on 36, El Corral Mexican Restaurant, and various chain stores and restaurants.

Frequently Asked Questions

Is Lakeridge a good place to live?
Lakeridge is a good place to live. Lakeridge is considered very car-dependent and somewhat bikeable. Lakeridge is a suburban neighborhood. It has a median age of 49. The average household income is $75,378 which is below the national average. College graduates make up 21.8% of residents. A majority of residents in Lakeridge are home owners, with 12.1% of residents renting and 87.9% of residents owning their home. A local real estate agent serving Lakeridge can help you decide if this neighborhood is the right one for you. Learn more on our Lakeridge neighborhood guide.
How much do you need to make to afford a house in Lakeridge?
The median home price in Lakeridge is $368,990. If you put a 20% down payment of $73,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K a year to afford the median home price in Lakeridge. The average household income in Lakeridge is $75K.
What are the best public schools in Lakeridge?
The best public schools that serve Lakeridge are:
What are the most popular zip codes in Lakeridge, Decatur, IL?
The most popular zip codes in Lakeridge, Decatur, IL include 62521, 62526, 62549, 62522 and 62501.
What are the most popular neighborhoods near Lakeridge, Decatur, IL?
The most popular neighborhoods near Lakeridge, Decatur, IL are Bayview, Scovill Gardens, Muffley, Baker Woods and Galloway Park.

Home Trends in Lakeridge, IL

Housing Trends

Median Sale Price
$365,000
Median Single Family Sale Price
$365,000
Average Price Per Sq Ft
$189
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$368,990
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
267%
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