Why Live in South Lake Villa
South Lake Villa is a tranquil neighborhood located 2 miles east of Chain O’ Lakes' central portion, along Interstate 83. Known for its small-town charm, this community has evolved from a summer retreat for Chicago vacationers into a permanent residence for many. The area is characterized by its quiet nature, minimal commercial development, and a strong sense of community pride. Residents enjoy the proximity to nearby lakes and suburban amenities in adjacent towns. Lehmann Park, with its access to Cedar Lake, beach, and free public boat launch, is a popular spot for families. The neighborhood's curved residential streets feature narrow sidewalks, white oak trees, and occasional streetlights, with many homes having backyard patios and driveway basketball hoops. Housing styles include new traditional and ranch-style homes built from the late 1990s into the early 2000s, with some newer constructions.
The community is served by highly rated schools, including William L. Thompson Elementary School, Palombi Intermediate School, and Grayslake North High School. Local events, such as the Celebration of Fall and the Holiday Parade & Tree Lighting ceremony at Lehmann Park, foster a strong community spirit. Residents frequent Timothy O’Toole’s Pub Lake Villa and Harbor Brewing Company for social gatherings, while grocery shopping is done at Butera Market. For more extensive shopping, Gurnee Mills is 7 miles southeast, and downtown Antioch is 12 miles north. Commuters benefit from the nearby Lake Villa Metra station and easy access to Interstate 94, which connects to Chicago and Milwaukee, both 51 miles away, and Chicago O’Hare International Airport, 37 miles away.
Frequently Asked Questions
Is South Lake Villa a good place to live?
South Lake Villa is a good place to live. South Lake Villa is considered very car-dependent and somewhat bikeable. South Lake Villa has 8 parks for recreational activities. It is fairly sparse in population with 3.4 people per acre and a median age of 42. The average household income is $138,265 which is above the national average. College graduates make up 37.9% of residents. A majority of residents in South Lake Villa are home owners, with 14.6% of residents renting and 85.4% of residents owning their home. A
local real estate agent serving South Lake Villa can help you decide if this neighborhood is the right one for you. Learn more on our
South Lake Villa neighborhood guide.
Is South Lake Villa, IL a safe neighborhood?
South Lake Villa, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in South Lake Villa?
The median home price in South Lake Villa is $565,000. If you put a 20% down payment of $113,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,930 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $126K a year to afford the median home price in South Lake Villa. The average household income in South Lake Villa is $138K.
What are the best public schools in South Lake Villa?
The best public schools that serve South Lake Villa are:
What are the most popular zip codes in South Lake Villa, Lake Villa, IL?
What are the most popular neighborhoods near South Lake Villa, Lake Villa, IL?
Are home prices dropping in South Lake Villa?
Yes, home prices in South Lake Villa are down 32% in the last 12 months.
Home Trends in South Lake Villa, IL
On average, homes in South Lake Villa, Lake Villa sell after 46 days on the market compared to the national average of 70 days. The median sale price for homes in South Lake Villa, Lake Villa over the last 12 months is $566,000, down 12% from the median home sale price over the previous 12 months.
Median Sale Price
$566,000
Median Single Family Sale Price
$566,000
Median 2 Bedroom Sale Price
$260,000
Median 1 Bedroom Sale Price
$749,000
Average Price Per Sq Ft
$299
Number of Homes for Sale
4
Last 12 months Home Sales
29
Median List Price
$565,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-12%