Why Live in Lakeview
Lakeview in Decatur offers a blend of waterfront living and convenience. It's close to Lake Decatur and major employers like ADM and Caterpillar. The neighborhood is characterized by its seclusion, with less through traffic due to its location south of train tracks and north of a main thoroughfare. Homes in Lakeview, built between 1920 and 1970, include bungalows, ranch-style houses, and Colonial Revivals featuring detached garages and tree-lined backyards. Properties along the lake have private docks but are more prone to flooding.
Local attractions include Galloway Park, 2 miles southwest, and Splash Cove, a popular water park. Overlook Adventure Park offers miniature golf, batting cages and a high-ropes course. The Disabled American Veterans Center is a community hub with weekly events like fish fries and wing nights. Dining options include New Moon Café and 217 Flavor LLC, while grocery needs are met by Macon Express Market and Save A Lot.
Driving is the main way to get around, but the bus stops are nearby on East William Street Road. Decatur Airport is less than 3 miles away, with more flight options available at Willard Airport and Abraham Lincoln Capital Airport, both 40 miles away.
Frequently Asked Questions
Is Lakeview a good place to live?
Lakeview is a good place to live. Lakeview is considered car-dependent and somewhat bikeable. Lakeview is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. It has a median age of 48. The average household income is $80,396 which is below the national average. College graduates make up 17.2% of residents. A majority of residents in Lakeview are home owners, with 27% of residents renting and 73% of residents owning their home. A
local real estate agent serving Lakeview can help you decide if this neighborhood is the right one for you. Learn more on our
Lakeview neighborhood guide.
Is Lakeview, IL a safe neighborhood?
Lakeview, IL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Lakeview?
The median home price in Lakeview is $99,900. If you put a 20% down payment of $20,000 and had a 30-year fixed mortgage with an interest rate of 6.19%, your estimated principal and interest payment would be $490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $21K a year to afford the median home price in Lakeview. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Lakeview is $80K.
What are the best public schools in Lakeview?
The best public schools that serve Lakeview are:
What are the most popular zip codes in Lakeview, Decatur, IL?
What are the most popular neighborhoods near Lakeview, Decatur, IL?
Home Trends in Lakeview, IL
On average, homes in Lakeview, Decatur sell after 21 days on the market compared to the national average of 53 days. The median sale price for homes in Lakeview, Decatur over the last 12 months is $87,715, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$87,715
Median Single Family Sale Price
$87,715
Average Price Per Sq Ft
$76
Number of Homes for Sale
3
Last 12 months Home Sales
10
Median List Price
$99,900
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
10%