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.
Home Trends in South Lake Villa, IL
On average, homes in South Lake Villa, Lake Villa sell after 48 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
$790,000
Average Price Per Sq Ft
$302
Number of Homes for Sale
4
Last 12 months Home Sales
30
Median List Price
$565,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-12%