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Forest Lake Homes for Sale

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  • /15

    $355,000 Open Sat 1PM - 3PM

    • 3 Beds
    • 2 Baths
    • 1,120 Sq Ft

    23543 N Park Rd, Lake Zurich, IL 60047

    Welcome to this inviting 3-bedroom, 2-bath ranch home offering comfort, convenience, and a backyard retreat unlike any other. The main level features hardwood flooring, a sun-filled living space, and an updated kitchen with granite countertops, stainless steel appliances, and plenty of cabinet space. The open floor plan with seamless living and dining spaces make for easy entertaining. The

    Judy Greenberg Compass

    23543 N Park Rd, Lake Zurich, IL 60047
  • /39

    $550,000

    • 3 Beds
    • 3.5 Baths
    • 1,920 Sq Ft

    21315 W Pepper Dr, Lake Zurich, IL 60047

    Don't Judge a Book by Its Cover. This Home Is a Showstopper Inside and Out! Tucked away in a private community with its own exclusive lake and private beaches, this stunning home is the perfect blend of modern luxury and peaceful living. While the exterior offers charming curb appeal, what's inside is sure to take your breath away. Completely gutted and thoughtfully renovated, this home

    Samantha Kalamaras @properties Christie's International Real Estate

    21315 W Pepper Dr, Lake Zurich, IL 60047
  • /36

    $927,000

    • 4 Beds
    • 2.5 Baths
    • 3,531 Sq Ft

    15 N Empress Dr, Hawthorn Woods, IL 60047

    Welcome to custom build house in The most prestigious coveted Neighbourhood in the Area.This extra sunny& bright home is incredibly spacious. The custom mahogany center double door open to A Grand Two story Foyer. The kitchen open to huge family room. This kitchen is a chef's dream Boasting a walk-in -pantry, big Granite counter, Thermador six burner stove with Hood, stainless Appliances. Whole

    Jayesh Parekh ARNI Realty Incorporated

    15 N Empress Dr, Hawthorn Woods, IL 60047
  • /19

    $450,000

    • 3 Beds
    • 3 Baths
    • 1,957 Sq Ft

    21368 W Pepper Dr, Lake Zurich, IL 60047

    Discover the Charm of Forest Lake Living! Tucked away on a quiet street in the highly sought-after Forest Lake neighborhood, this captivating home offers a thoughtful floor plan and an abundance of natural light that will instantly make you feel at home. From the moment you arrive, the beautiful curb appeal and welcoming front courtyard set the stage for what's inside. Step into a sun-filled

    Matthew Wiegman Under One Realty

    21368 W Pepper Dr, Lake Zurich, IL 60047
  • /7

    $379,000

    • 3 Beds
    • 3 Baths
    • 1,144 Sq Ft

    21328 W Starry Ln, Lake Zurich, IL 60047

    This home checks all the boxes, 3 Bedrooms, 3 Bathrooms, 2 Car attached Garage, Full finished Basement situated in the beautiful Forest Lake subdivision. Ranch style home with all Bedrooms and 2 full bathrooms on main floor. Finished basement has another full bathroom and could easily be an in-law arrangement if desired. Newer central air, hot water tank, well tank, garage door opener w/battery

    Misael Chacon Beycome brokerage realty LLC

    21328 W Starry Ln, Lake Zurich, IL 60047
  • /39

    $749,999 New Construction

    • 4 Beds
    • 4 Baths
    • 2,754 Sq Ft

    113 Roman Ln, Lake Zurich, IL 60047

    Welcome to this breathtaking new construction in the prestigious Hawthorn Place community, ready by the end of the year! Designed with modern elegance and everyday comfort in mind, this 4-bedroom, 4-bathroom home spans over 3,400 square feet, including the basement, offering an inviting and sophisticated living experience. Step inside to custom Red Oak hardwood floors, soaring ceilings, and

    Saieshwar Chikoti RE/MAX Top Performers

    113 Roman Ln, Lake Zurich, IL 60047
  • /21

    $725,000 New Construction

    • 4 Beds
    • 2.5 Baths
    • 3,000 Sq Ft

    23527 N Overhill Dr, Lake Zurich, IL 60047

    This beautifully designed new construction home in Forest Lake offers 4 spacious bedrooms, 2.1 baths, and a stylish exterior featuring stone and Hardie Board siding. Inside, enjoy an open-concept layout with a cozy gas fireplace, perfect for relaxing or entertaining. The home includes a full, unfinished basement offering endless potential, and is equipped with 200 AMP electric service, gas forced

    Beth Repta Keller Williams Success Realty

    23527 N Overhill Dr, Lake Zurich, IL 60047
  • /17

    $699,999 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,500 Sq Ft

    115 Roman Ln, Hawthorn Woods, IL 60047

    Welcome to 115 Hawthorn Place, a brand-new, customizable home in the prestigious Hawthorn Place community. Construction has not yet begun, giving you the unique opportunity to personalize finishes to suit your style! Planned for 3 bedrooms, 2.1 bathrooms, and an open-concept layout, this home will feature soaring ceilings and abundant natural light. The gourmet kitchen will boast granite

    Saieshwar Chikoti RE/MAX Top Performers

    115 Roman Ln, Hawthorn Woods, IL 60047

Why Live in Forest Lake

Forest Lake, located in the unincorporated region of Illinois between Lake Zurich and Hawthorn Woods, is characterized by its namesake lake and four public parks that contribute to the area's tranquil atmosphere. The neighborhood features a range of home styles, from refreshed 1930s and '40s houses to newer constructions, many with waterfront access or scenic views. The community's rural feel means residents often share the road with pedestrians, as there are no formal sidewalks. Forest Lake's parks, such as Steinken Park and Erker Park, offer recreational spaces with lake views and host annual events like the John Harkness Sr. Ice Fishing Derby, Easter Egg Hunt, and Halloween Parade and Party. Students in Forest Lake attend highly rated schools, including May Whitney Elementary School, Lake Zurich Middle School North Campus, and Lake Zurich High School, which is noted for its strong academics and performing arts program. Dining and shopping options are conveniently located along Route 22, with local favorites like Stompin’ Grounds Café, DiPiero’s Pizza & Catering, and Vault 232 Restaurant and Bar, as well as retail centers like Oakwood Commons Shopping Center and North Lake Commons. The community enjoys a low crime risk compared to the national average, offering a peaceful living environment without sacrificing access to modern amenities.

Frequently Asked Questions

Is Forest Lake a good place to live?
Forest Lake is a good place to live. Forest Lake is considered very car-dependent and somewhat bikeable. Forest Lake is a suburban neighborhood. Forest Lake has 9 parks for recreational activities. It is somewhat dense in population with 6.3 people per acre and a median age of 43. The average household income is $174,754 which is above the national average. College graduates make up 62% of residents. A majority of residents in Forest Lake are home owners, with 7.4% of residents renting and 92.6% of residents owning their home. A local real estate agent serving Forest Lake can help you decide if this neighborhood is the right one for you. Learn more on our Forest Lake neighborhood guide.
How much do you need to make to afford a house in Forest Lake?
The median home price in Forest Lake is $384,950. If you put a 20% down payment of $77,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in Forest Lake. The average household income in Forest Lake is $175K.
What are the best public schools in Forest Lake?
The best public schools that serve Forest Lake are:
What are the best private schools in Forest Lake?
The best private schools that serve Forest Lake are:
What are the most popular zip codes in Forest Lake, Lake Zurich, IL?
The most popular zip codes in Forest Lake, Lake Zurich, IL include 60047, 60060, 60010, 60061 and 60074.
What are the most popular neighborhoods near Forest Lake, Lake Zurich, IL?
The most popular neighborhoods near Forest Lake, Lake Zurich, IL are Hawthorn Woods Country Club, West Hawthorn Hills, East Hawthorn Woods, Countryside and Bridlewoods Park.
Are home prices dropping in Forest Lake?
Yes, home prices in Forest Lake are down 12% in the last 12 months.

Home Trends in Forest Lake, IL

Housing Trends

Median Sale Price
$380,000
Median Single Family Sale Price
$390,450
Average Price Per Sq Ft
$233
Number of Homes for Sale
9
Last 12 months Home Sales
31
Months of Supply
3.50
Median List Price
$384,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
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