Why Live in Interlaken
Interlaken in Libertyville is a neighborhood divided by Butterfield Road and Metra train tracks, offering large lots and a peaceful environment. Outdoor enthusiasts will appreciate the extensive bike paths connecting to other neighborhoods, downtown, and major parks. Local parks include Willis Overholser and Jo Ann Eckmann Park, with the expansive Independence Grove Forest Preserve to the east, featuring a 129-acre lake for various water activities and numerous trails for walking and biking. The neighborhood primarily consists of traditional colonial homes, with more upscale properties found east of Butterfield Road. Dining options within and near Interlaken include Jimmy’s Charhouse in Butterfield Square Plaza, Firkin, and Conscious Cup Coffee Roasters downtown. Community events are frequent, such as First Fridays, classic car shows, and Oktoberfest. Interlaken is served by highly rated schools, including Butterfield Elementary School, Highland Middle School, and Libertyville High School. The neighborhood is safer than the national average, and residents have convenient access to the Libertyville Metra Station, about 2 miles away, for a commute to Chicago. Essential services like Advocate Condell Medical Center are nearby, ensuring residents have access to healthcare facilities.
Frequently Asked Questions
Is Interlaken a good place to live?
Interlaken is a good place to live. Interlaken is considered very car-dependent and somewhat bikeable. Interlaken is a suburban neighborhood. Interlaken has 10 parks for recreational activities. It is fairly sparse in population with 4.9 people per acre and a median age of 44. The average household income is $217,525 which is above the national average. College graduates make up 78.9% of residents. A majority of residents in Interlaken are home owners, with 8.8% of residents renting and 91.2% of residents owning their home. A
local real estate agent serving Interlaken can help you decide if this neighborhood is the right one for you. Learn more on our
Interlaken neighborhood guide.
How much do you need to make to afford a house in Interlaken?
The median home price in Interlaken is $799,900. If you put a 20% down payment of $160,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $3,940 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $169K a year to afford the median home price in Interlaken. The average household income in Interlaken is $218K.
What are the best public schools in Interlaken?
The best public schools that serve Interlaken are:
What are the best private schools in Interlaken?
The best private schools that serve Interlaken are:
What are the most popular zip codes in Interlaken, Libertyville, IL?
What are the most popular neighborhoods near Interlaken, Libertyville, IL?
Home Trends in Interlaken, IL
On average, homes in Interlaken, Libertyville sell after 18 days on the market compared to the national average of 52 days. The median sale price for homes in Interlaken, Libertyville over the last 12 months is $855,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$855,000
Median Single Family Sale Price
$850,000
Average Price Per Sq Ft
$262
Number of Homes for Sale
1
Last 12 months Home Sales
16
Median List Price
$799,900
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
14%