Why Live in East Palm Beach
East Palm Beach in Fox Lake is a small community located at the southern end of Pistakee Lake, about 60 miles northwest of Chicago. Part of the Chain O’ Lakes, which includes 15 interconnected lakes, this neighborhood is heavily centered around water activities such as boating, fishing, and swimming. The area is accessible via Bayview Lane and features homes on Cedar and Queens Islands, where docks often serve as garages. Housing styles include mid-20th century raised ranches, split-levels, and newer constructions, with prices ranging from $150,000 to $700,000. The neighborhood has a high homeownership rate of 68%, and while it is a quiet area where residents tend to stay long-term, there is an increased risk of flooding for homes close to the water. Dining options include Docker’s Restaurant, known for its extensive outdoor seating by the water, and Bandits’ Smoke Shack, which offers smoked ribs and other barbecue fare. Essential shopping is conveniently located nearby with stores like ALDI, Jewel-Osco, The Home Depot, and Menards. Schools in the area include Big Hollow District 38 and Grant Community High School, which has a high rating and a 91% graduation rate. The neighborhood is also popular among retirees and those working from home, with convenient access to a Metra station in Fox Lake and major highways like Interstates 94 and 90.
Frequently Asked Questions
Is East Palm Beach a good place to live?
East Palm Beach is a good place to live. East Palm Beach is considered very car-dependent and somewhat bikeable. East Palm Beach is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. East Palm Beach has 10 parks for recreational activities. It is sparse in population with 0.6 people per acre and a median age of 49. The average household income is $82,756 which is below the national average. College graduates make up 22.2% of residents. A majority of residents in East Palm Beach are home owners, with 20.5% of residents renting and 79.5% of residents owning their home. A
local real estate agent serving East Palm Beach can help you decide if this neighborhood is the right one for you. Learn more on our
East Palm Beach neighborhood guide.
Is East Palm Beach, IL a safe neighborhood?
East Palm Beach, 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 East Palm Beach?
The median home price in East Palm Beach is $695,000. If you put a 20% down payment of $139,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $154K a year to afford the median home price in East Palm Beach. The average household income in East Palm Beach is $83K.
What are the best public schools in East Palm Beach?
The best public schools that serve East Palm Beach are:
What are the best private schools in East Palm Beach?
The best private schools that serve East Palm Beach are:
What are the most popular zip codes in East Palm Beach, Fox Lake, IL?
What are the most popular neighborhoods near East Palm Beach, Fox Lake, IL?
Are home prices dropping in East Palm Beach?
Yes, home prices in East Palm Beach are down 3% in the last 12 months.
Home Trends in East Palm Beach, IL
On average, homes in East Palm Beach, Fox Lake sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in East Palm Beach, Fox Lake over the last 12 months is $620,000, up 52% from the median home sale price over the previous 12 months.
Median Sale Price
$620,000
Median Single Family Sale Price
$620,000
Average Price Per Sq Ft
$361
Number of Homes for Sale
2
Last 12 months Home Sales
20
Median List Price
$695,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
52%