Why Live in Lincolnshire Village
Lincolnshire Village, located about 30 miles north of Chicago along Interstate 94, is a tranquil suburb known for its highly ranked schools and lush, wooded setting. The neighborhood features a mix of Colonial and new traditional homes, with many properties boasting acre-sized lots and landscaped yards. Homes north of Olde Half Day Road are primarily custom builds from the late 20th century onward, while the gated community of Rivershire to the south offers ranch and new traditional-style homes, as well as condos. Families are drawn to the area for its excellent schools, including Half Day School, Daniel Wright Junior High, and Adlai E. Stevenson High School, all of which have high ratings.
Local attractions include North Park, where residents enjoy youth soccer games and ice skating, and Captain Daniel Wright Woods Preserve, known for its scenic views of the Des Plaines River. Dining options range from the long-standing Walker Bros. Original Pancake House to the upscale Wildfire steakhouse. For shopping, residents frequent Sam’s Club and Whole Foods, with larger retailers available at Hawthorn Mall, 4 miles north. The community hosts several annual events, such as the Red, White & BOOM Independence Day celebration and the Lincolnshire Lights holiday event.
Lincolnshire Village is safer than the national average, and its proximity to Interstate 94 and Interstate 294 provides convenient access to downtown Chicago, Chicago O’Hare International Airport, and local amenities like the College of Lake County – Southlake Campus.
Frequently Asked Questions
Is Lincolnshire Village a good place to live?
Lincolnshire Village is a good place to live. Lincolnshire Village is considered car-dependent and bikeable. Lincolnshire Village is a suburban neighborhood. Lincolnshire Village has 9 parks for recreational activities. It is sparse in population with 1.6 people per acre and a median age of 52. The average household income is $155,739 which is above the national average. College graduates make up 72.6% of residents. A majority of residents in Lincolnshire Village are home owners, with 36.2% of residents renting and 63.8% of residents owning their home. A
local real estate agent serving Lincolnshire Village can help you decide if this neighborhood is the right one for you. Learn more on our
Lincolnshire Village neighborhood guide.
How much do you need to make to afford a house in Lincolnshire Village?
The median home price in Lincolnshire Village is $418,000. If you put a 20% down payment of $83,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,170 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $93K a year to afford the median home price in Lincolnshire Village. The average household income in Lincolnshire Village is $156K.
What are the best public schools in Lincolnshire Village?
The best public schools that serve Lincolnshire Village are:
What are the best private schools in Lincolnshire Village?
The best private schools that serve Lincolnshire Village are:
- Lake Forest Academy has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.8.
- St Mary School has an A Niche grade, a student teacher ratio of 14:1 and an average review score of 5.0.
- Torah Academy has a student teacher ratio of 6:1.
What are the most popular zip codes in Lincolnshire Village, Lincolnshire, IL?
What are the most popular neighborhoods near Lincolnshire Village, Lincolnshire, IL?
Home Trends in Lincolnshire Village, IL
On average, homes in Lincolnshire Village, Lincolnshire sell after 71 days on the market compared to the national average of 70 days. The median sale price for homes in Lincolnshire Village, Lincolnshire over the last 12 months is $435,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$435,000
Median Single Family Sale Price
$418,000
Median Townhouse Sale Price
$455,000
Median 2 Bedroom Sale Price
$96,000
Average Price Per Sq Ft
$176
Number of Homes for Sale
2
Last 12 months Home Sales
24
Median List Price
$418,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%