Why Live in Lincolnshire
Lincolnshire is a sought-after neighborhood in the Chicago metropolitan area, known for its strong connection to nature and community feel. Recognized as a Tree City USA for 33 consecutive years, Lincolnshire enforces a strict tree preservation ordinance, contributing to its lush, shaded environment. The neighborhood offers a variety of housing options, including single-family homes, condominiums, and townhouses, with most residential lots averaging about an acre in size. The local public schools are highly rated, with Half Day School, Daniel Wright Junior High School, and Adlai E. Stevenson High School all receiving top marks for their academic excellence and diverse student body. Lincolnshire features 11 parks, 182 acres of natural areas, and over five miles of walking trails, providing ample opportunities for outdoor activities. Rivershire Park offers scenic views of the Des Plaines River, while Spring Lake Park is a popular spot for swimming and family outings. Dining options include local favorites like Wildfire steakhouse, Three Embers Restaurant, and Wright’s Brew & Bistro at the Lincolnshire Marriott Resort. For shopping, residents frequent the Village Green shopping center and Lincolnshire Commons, which offer a range of high-end shops and everyday conveniences. The neighborhood is safer than the national average, adding to its appeal for families and individuals alike. Lincolnshire is located 34 miles from downtown Chicago, accessible via Interstate Highway 94.
Frequently Asked Questions
Is Lincolnshire a good place to live?
Lincolnshire is a good place to live. Lincolnshire is considered very car-dependent and somewhat bikeable. Lincolnshire is a suburban neighborhood. Lincolnshire has 6 parks for recreational activities. It is fairly sparse in population with 4.0 people per acre and a median age of 45. The average household income is $206,227 which is above the national average. College graduates make up 79.6% of residents. A majority of residents in Lincolnshire are home owners, with 4.9% of residents renting and 95.1% of residents owning their home. A
local real estate agent serving Lincolnshire can help you decide if this neighborhood is the right one for you. Learn more on our
Lincolnshire neighborhood guide.
How much do you need to make to afford a house in Lincolnshire?
The median home price in Lincolnshire is $730,000. If you put a 20% down payment of $146,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $3,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $156K a year to afford the median home price in Lincolnshire. The average household income in Lincolnshire is $206K.
What are the best public schools in Lincolnshire?
The best public schools that serve Lincolnshire are:
What are the best private schools in Lincolnshire?
The best private schools that serve Lincolnshire are:
What are the most popular zip codes in Lincolnshire, Lincolnshire, IL?
What are the most popular neighborhoods near Lincolnshire, Lincolnshire, IL?
Home Trends in Lincolnshire, IL
On average, homes in Lincolnshire, IL sell after 14 days on the market compared to the national average of 52 days. The median sale price for homes in Lincolnshire, IL over the last 12 months is $745,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$745,000
Median Single Family Sale Price
$730,000
Average Price Per Sq Ft
$246
Number of Homes for Sale
2
Last 12 months Home Sales
22
Median List Price
$730,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%