Why Live in Knollwood
Knollwood, a small neighborhood in Lake Bluff, is situated just three miles from Lake Michigan's western shore and is home to fewer than 2,000 residents. This quiet community is characterized by homes on half-acre lots shaded by mature trees, with many featuring flower gardens. Privacy is a key feature, with lush greenery providing a natural divide between properties. The neighborhood's homes, primarily built between the 1950s and 1970s, range from $120,000 fixer-uppers to $750,000 renovated craftsman-style houses. Knollwood is served by highly rated schools, including Lake Bluff Elementary School, Lake Bluff Middle School, and Lake Forest High School, all of which have impressive ratings.
Residents enjoy local amenities such as West School, Sanctuary, and Knollwood parks, which offer playgrounds and sports facilities. The Knollwood Club, a premier private country club, features an 18-hole golf course, swimming pool, and a variety of social events. For outdoor enthusiasts, nearby nature preserves like Wilmot Woods and Independence Grove provide miles of wooded trails. Essential shopping is convenient with Heinen’s Grocery Store and Target less than a mile away, and additional shopping and dining options are available in downtown Waukegan and Lake Forest.
Knollwood is safer than the national average, with a crime and safety score significantly lower than the country's average. The neighborhood is well-connected, with Interstate 94 providing a 35-mile drive to downtown Chicago and the Lake Forest Metra station offering an hour-long train ride to the city.
Home Trends in Knollwood, IL
On average, homes in Knollwood, Lake Bluff sell after 35 days on the market compared to the national average of 52 days. The median sale price for homes in Knollwood, Lake Bluff over the last 12 months is $425,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$425,000
Median Single Family Sale Price
$512,500
Median Townhouse Sale Price
$230,000
Median 2 Bedroom Sale Price
$235,500
Average Price Per Sq Ft
$258
Number of Homes for Sale
7
Last 12 months Home Sales
21
Median List Price
$524,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%