Mary Aloisio
@properties Christie's International Real Estate
(773) 365-9681
155 Total Sales
1 in Bannockburn
$816,000 Price
Bannockburn
Located in Lake County
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.
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.
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.
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.
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
Video By
Daniel Quattro
Interested in learning more about homes in this area? Reach out to , an experienced agent in this area.
Agents Specializing in this Area
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Mary Aloisio
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Shannon Towson
Shannon Towson
Coldwell Banker Realty
(224) 571-9010
81 Total Sales
1 in Bannockburn
$2,300,000 Price
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Alan Berlow
Alan Berlow
Coldwell Banker Realty
(224) 298-7400
204 Total Sales
5 in Bannockburn
$750K - $2.3M Price Range
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Marla Schneider
Marla Schneider
Coldwell Banker Realty
(224) 258-0591
298 Total Sales
1 in Bannockburn
$2,500,000 Price
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Beth Wexler
Beth Wexler
Responds Quickly@properties Christie's International Real Estate
(708) 919-2937
586 Total Sales
4 in Bannockburn
$290K - $1.2M Price Range
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Jodi Taub
Jodi Taub
Responds Quickly@properties Christie's International Real Estate
(224) 412-3883
157 Total Sales
1 in Bannockburn
$589,000 Price
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
On average, homes in Bannockburn, IL sell after 38 days on the market compared to the national average of 50 days. The median sale price for homes in Bannockburn, IL over the last 12 months is $1,187,500, up 6% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$1,194,500
Median Sale Price
$1,187,500
Median Single Family Sale Price
$1,195,000
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
$330
Neighborhood Facts
Number of Homes for Sale
3
Months of Supply
2.30
Homes for Sale
Homes for Rent
Distribution of Home Values
Average Home Value
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''
