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Lake Villa Homes for Sale

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  • /25

    $674,000

    • 4 Beds
    • 2 Baths
    • 2,557 Sq Ft

    21990 W 6th St, Lake Villa, IL 60046

    21990 W 6th St, Lake Villa, IL 60046 +Guest House +Waterfront +Dock! Welcome to your dream lakefront retreat on the pristine and mostly private Deep Lake. This rare property includes two homes, a dock, and a spacious 3-stall garage, making for family living, entertaining, or investment opportunities. Main House * 4 bedrooms | 2 bathrooms - fully remodeled * kitchen with quartz countertops,

    Misael Chacon Beycome brokerage realty LLC

    21990 W 6th St, Lake Villa, IL 60046
  • /6

    $650,000

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

    23818 W Reindeer Trail, Lake Villa, IL 60046

    A rare opportunity to design your dream home in this quiet cul-de-sac in Lake Villa with a water view. Proposed home offers 2500+ square feet, 4 Bedrooms, 2.5 baths, expansive indoor/outdoor living spaces, primary suite, side driveway/garage access, and more. Proposed completion date Fall 2026.

    Kathleen Kenny Real Broker, LLC

    23818 W Reindeer Trail, Lake Villa, IL 60046
  • /4

    $135,000

    • Land
    • 2.37 Acres
    • $56,962 per Acre

    38947 Deep Lake Rd, Lake Villa, IL 60046

    OVER TWO ACRE LOT!!! Fantastic opportunity to build your dream home in Lake Villa! Private wooded land! Amazing location close to multiple lakes, Sun Lake Forest Preserve, Lake Villa shopping, restaurants, and more!

    Jane Lee RE/MAX Top Performers

    38947 Deep Lake Rd, Lake Villa, IL 60046
  • /3

    $55,000

    • Land
    • 0.97 Acre
    • $56,701 per Acre

    23787 W Reindeer Trail, Lake Villa, IL 60046

    Dont miss the opportunity to build your dream home on this gorgeous nearly one acre lot in exclusive upscale development! Steps from the lake. Close to town, shopping, restaurants, charming downtown Lake Villa with community events, train station and major roads. Build your dream home in this hidden gem area! Not many lots/areas like this. Well and septic required. Building pad in place. Fences

    Robin Bernhardt Coldwell Banker Realty

    23787 W Reindeer Trail, Lake Villa, IL 60046
  • /2

    $1,452,000

    • Land
    • 77.75 Acres
    • $18,675 per Acre

    21155-21211-21353 W Grass Lake Rd, Antioch, IL 60002

    77.752 Acres per ALTA survey (Approximately 33 Net buildable Acres to be confirmed by the Buyer). Prime "in-fill" land parcel can accommodate a single family estate home, single family and/or multi family subdivision and possibly recreational uses such as a summer camp or equestrian facility. Picturesque pond and wetland views and rolling topography. Property can remain in unincorporated Lake

    Robert Elbrecht Tri-State Realty, Inc

    21155-21211-21353 W Grass Lake Rd, Antioch, IL 60002

Why Live in Lake Villa

Lake Villa, situated between Cedar Lake and Deep Lake, is a tranquil lake town in Chicagoland’s Chain O’Lakes. The community features a quaint downtown area and offers a variety of outdoor activities, including swimming, fishing, and boating. Lehmann Park provides access to Cedar Lake with beaches and boat launches, while Deep Lake offers similar amenities. Sun Lake Forest Preserve, with its 3.25 miles of trails, is ideal for hiking, biking, and cross-country skiing, though its shoreline is not suitable for swimming or boating. The neighborhood is known for its mix of historic homes and modern residences, including New Traditional homes and townhouses in the Painted Lakes subdivision. Custom builds, modest bungalows, and ranches are common, many within walking distance of the lakes. Lake Villa hosts several community events, such as the Live Music in the Parks concert series and the Celebration of Fall. Dining options include Reflections on Deep Lake, known for its Polish cuisine, and Timothy O’Toole’s Pub in downtown Lake Villa. While the town lacks major grocery stores, residents can shop at nearby Venetian Village or Gurnee Mills, 7.5 miles away. The area is served by highly rated schools, including Olive C. Martin Elementary School, Peter J. Palombi Middle School, and Lakes Community High School. Safety in Lake Villa is comparable to the national average. Commuters can reach downtown Chicago or Milwaukee, both 52 miles away, via I-94 or the Metra. Chicago O’Hare International Airport is 40 miles from Lake Villa.

Frequently Asked Questions

Is Lake Villa a good place to live?
Lake Villa is a good place to live. Lake Villa is considered very car-dependent and somewhat bikeable. Lake Villa is a suburban neighborhood. Lake Villa has 8 parks for recreational activities. It is sparse in population with 0.9 people per acre and a median age of 42. The average household income is $89,899 which is below the national average. College graduates make up 43.6% of residents. A majority of residents in Lake Villa are home owners, with 43.5% of residents renting and 56.5% of residents owning their home. A local real estate agent serving Lake Villa can help you decide if this neighborhood is the right one for you. Learn more on our Lake Villa neighborhood guide.
How much do you need to make to afford a house in Lake Villa?
The median home price in Lake Villa is $417,000. If you put a 20% down payment of $83,400 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $2,080 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $89K a year to afford the median home price in Lake Villa. The average household income in Lake Villa is $90K.
What are the best public schools in Lake Villa?
The best public schools that serve Lake Villa are:
What are the most popular zip codes in Lake Villa, Lake Villa, IL?
The most popular zip codes in Lake Villa, Lake Villa, IL include 60046, 60002, 60073, 60041 and 60030.
What are the most popular neighborhoods near Lake Villa, Lake Villa, IL?
The most popular neighborhoods near Lake Villa, Lake Villa, IL are South Lake Villa, Monaville, Petite Lake, Regency and Fox Lake Hills.

Home Trends in Lake Villa, IL

Housing Trends

Median Sale Price
$392,500
Median Single Family Sale Price
$415,000
Median Townhouse Sale Price
$235,000
Average Price Per Sq Ft
$190
Number of Homes for Sale
2
Last 12 months Home Sales
30
Months of Supply
0.80
Median List Price
$417,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%
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