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Bannockburn

Bannockburn

Located in Lake County

$1,311,818 Average Value
$344 Average Price per Sq Ft
4 Homes For Sale

Bannockburn offers small town feel

Laid-back residents. A country setting. Horse properties. One school for kindergarten to eighth grade. Despite being just outside the third-largest city in the US, Bannockburn has a small-town feel, and that’s by design. According to Eileen Campbell, a real estate agent with Sotheby’s International Realty who lived in Bannockburn for 13 years, the village takes an active role in making sure the community is close-knit. “For example, they recently built a path from Bannockburn to the Riverwoods community so kids could ride their bikes to visit friends. Encouraging those types of relationships is important here.” Residents get in on the act as well, says Campbell. “Every year, just before the holiday season, a neighbor hitches a team of horses to a wagon and gives kids and families rides through Bannockburn streets. It’s pretty neat.” Bannockburn is indeed a place where you can know and be known. Residents “are generally very laid-back and interconnected, but at the same time, everyone respects your privacy. You can not see your neighbor for days but still pick up right where you left off,” Campbell continues.

Housing options include Colonial and Georgian homes

Homes in the area vary in size and price, and most have modern designs with timeless stylings. In the village’s southeast section, home prices range from the $500,000s to $700,000s. Further north, houses sit on spacious residential lots and start at over $1 million, with larger homes on acreage regularly selling in the $2 million to $3 million range. You can expect to pay $775,000 for a classic center hall Colonial with four bedrooms and four bathrooms. The asking price for a four-bed, three-and-a-half-bath brick Georgian home is $1,100,000.

Students may attend Bannockburn School and Deerfield High

The Bannockburn School is another example of the togetherness that marks the village. It serves about 150 local students from kindergarten through eighth grade. Rather than sending kids to another district for middle school, “families wanted younger siblings to go to the same place as their older siblings,” says Campbell. “It always helps when the little ones can ride the bus with big brother or sister. It makes everyone feel safer.” After eighth grade, students can attend Deerfield High School, which has an A-plus overall grade on Niche and ranks among the best public high schools in Illinois.

Community has cafe, Greek cuisine and deli option

Eateries in Bannockburn include Yianni’s Opa!, a gourmet Greek restaurant serving kabobs, moussaka, tzatziki, and more tried-and-true classics. Mornings belong to Newport Coffee House and its artisanal small-batch coffees and assortment of soul-nourishing hot beverages. You can grab lunch or a snack at the deli or hot bar at Mariano's while grocery shopping. You don’t have to venture outside the village for essentials, either – the Bannockburn Green Shopping Center provides access to everything from eyeglasses and shoe repair to nutritional supplements and toiletries.

Nearby parks and forest preserves offer year-round activities

Forest preserves and surrounding parks give Bannockburn residents plenty of green spaces to enjoy and explore. The Prairie Wolf Forest Preserve features wetlands and oak woodlands, a trail for hiking, bicycling and cross-country skiing, a dog park, and a self-guided nature trail. To the south is Woodland Park, where you can find athletic fields and courts, a playground, a picnic area, and a large pavilion that is available to rent.

Written By
Jordan Howell
Daniel Quattro
Video By
Daniel Quattro

Interested in learning more about homes in this area? Reach out to Shannon Towson, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Bannockburn Housing Trends

Housing Trends

Median List Price
$1,199,000
Median Sale Price
$1,187,500
Median Single Family Sale Price
$1,200,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
16
Median Home Sale Price YoY Change
6%
Average Price Per Sq Ft
$344

Neighborhood Facts

Number of Homes in Neighborhood
221
Number of Homes for Sale
4
Median Year Built
1967
Months of Supply
3.00
Average Single Family Home Size Sq Ft
6,436
Significantly above the national average
1,925
Median Lot Size Sq Ft
69,913

Open Houses

  • 1770 Overland Trail, Deerfield, IL 60015

    $725,000

    • 3 Beds
    • 2.5 Baths
    • 2,704 Sq Ft
    • 1770 Overland Trail

    3 BED 2.5 BATH RANCH HOME WITH FINISHED BASEMENT, 2 CAR ATTACHED GARAGE ON LARGE LOT IN THE NORTH TRAIL SUBDIVISION. MANY RECENT UPDATES INCLUDE BRAND NEW AND NEWLY REFINISHED HARDWOOD FLOOR THROUGHOUT THE HOME, NEW VINYL FLOORING IN THE BASEMENT, PAINTED THE ENTIRE HOME AND ELECTRICAL/LIGHTING UPDATES. ORIGINALLY BUILT AS A 4 BEDROOM HOME--THE 4TH BEDROOM HAS BEEN OPENED UP TO INCREASE THE

    Agent Photo
    Alan Berlow
    Coldwell Banker Realty
    (224) 313-4760
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  • 1755 Sunset Ln, Bannockburn, IL 60015

    $3,429,000

    • 6 Beds
    • 5 Baths
    • 4,700 Sq Ft
    • 1755 Sunset Ln

    Sunset Lane ends in a cul-de-sac where you will find a gated entrance to this 5.95-acre tranquil estate. Nestled in an old growth forest, the 1/8 mile drive winds under a tree canopy over a stone bridge, opening to a vista of a manicured lawn where the home stands at the ground's hilltop. The elegant Country French-style home was designed by the acclaimed architect, William Aitken, founder of

    Agnes Cibon Cibon

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  • 11 Lakewood Dr, Bannockburn, IL 60015

    $2,300,000

    • 4 Beds
    • 3.5 Baths
    • 5,167 Sq Ft
    • 11 Lakewood Dr

    Welcome to 11 Lakewood - an exceptional residence that perfectly blends timeless elegance with modern luxury, nestled in the heart of the highly sought-after Bannockburn community. This beautifully updated home sits on a quiet, tree-lined street, offering serene privacy while remaining close to everything that matters-top-rated schools, boutique shopping, fine dining, and major commuter

    Dean Tubekis Coldwell Banker Realty

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Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Bannockburn Has More Owners

Demographics

Total Population
985
Median Age
30
Population Density
1 person/acre
Population under 18
26.8%
On par with the national average
23.8%
Population over 65
13.9%
Below the national average
19.1%

Finances

Median Household Income
$142,968
Significantly above the national average
$71,702
Average Household Income
$178,270

Education and Workforce

High School Graduates
98.8%
College Graduates
78.8%
Significantly above the national average
34.1%
Advanced Degrees
45.2%
Significantly above the national average
13.3%
% Population in Labor Force
67.5%

Weather

Annual Precipitation
32''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
17''

Area Factors

Somewhat Bikeable

Bike Score®®

30 / 100

Car-Dependent

Walk Score®®

5 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bannockburn