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Lakeridge

Lakeridge

Suburban Neighborhood in Decatur, Illinois

Macon County 62521

$132,907 Average Value
$100 Average Price per Sq Ft
Lakeridge is quite near Decatur airport, but it is not in line with any of the three runways.
Lakeridge is quite near Decatur airport, but it is not in line with any of the three runways.

At the center of it all

A quiet residential neighborhood on Decatur’s east side, Lakeridge puts its residents in the middle of abundance. Within a few miles, locals can hit the waters of Lake Decatur or take to the skies at the Decatur Airport. Within reach is also a prominent member-only country club, and students are within walking distance of an elementary school. Groceries and quick bites are on Highway 36, from the retail corridor off Illinois State Route 121 to Downtown Decatur.

Boating the basin and hitting the green

Lakeridge is less than 1/2 a mile from the shoreline of Lake Decatur’s Staley Basin, but boaters and kayakers must head 1 mile north to Fishing Spot Boat Launch. The public dock is open all day, every day, without fees. The launch is across the street from the Country Club of Decatur, a prestigious golf course and clubhouse with sports courts and pools. Membership comes in tiers, determining access to select amenities and voting privileges. However, all members receive reciprocal privileges at seven other country clubs around Central Illinois. For a traditional park experience, Baker Woods Estate Park is just east of the neighborhood, offering a shaded playground and concessions stand. More excitement can be found 1-1/2 miles away at the Scovill Zoo or 2-1/2 miles away at Nelson Park. Nelson Park features a large public marina, a water park, an amphitheater and an adventure park.

Boating is a lifestyle in the Lakeridge neighborhood, with Lake Decatur so close it is easy.
Boating is a lifestyle in the Lakeridge neighborhood, with Lake Decatur so close it is easy.
The Country Club of Decatur brings golf to its members and it is very close to Lakeridge.
The Country Club of Decatur brings golf to its members and it is very close to Lakeridge.
Powerboats are a great way to get around Lake Decatur and residents of Lakeridge central.
Powerboats are a great way to get around Lake Decatur and residents of Lakeridge central.
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Shopping, entertainment, and dining in downtown Decatur are a short drive from Lakeridge.
Shopping, entertainment, and dining in downtown Decatur are a short drive from Lakeridge.

From downtown to Chicago

Due to the minimal public transit available in Lakeridge, having easy access to major thoroughfares is vital. The southern border of Lakeridge runs along Highway 36, a main thoroughfare for locals to access the rest of the city. “Highway 36 is a straight shot to Downtown Decatur and Interstate 72, our main pathway to Springfield,” says Lori Eaton, Decatur local and Realtor at Glenda Williamson Realty. “Highway 36 also stretches all the way to 57, which connects to Chicago.” Traffic typically flows freely between the neighborhood and 36, although cars are occasionally stopped by the industrial train that runs parallel to the highway. The neighborhood is also 1 mile west of the Decatur Airport, a regional airfield that connects to Chicago O’Hare International Airport.

A split level house with a wonderful view is an elegant home in the Lakeridge neighborhood.
A split level house with a wonderful view is an elegant home in the Lakeridge neighborhood.

Well-kept homes for below-average prices

Neighborhood streets are cushioned on either side by sprawling green yards dotted with stately shade trees. Homes are set farther back on lawns, and canopies behind and to the side of homes add a layer of privacy between neighbors. Ranch-style homes dominate the landscape, but the occasional split-level home, traditional-style two-story and bungalow appear. Listings usually sell between $100,000 and $200,000, with a handful of properties priced between $70,000 and $100,000. While these prices are noticeably below the city’s average, Eaton says low prices do not reflect the condition of homes. Properties are all around very well-kept and improved frequently, so many buyers are happy to buy houses on the market in their current state.

Michael E. Baum Elementary School offers plenty of fun after school activities.
Michael E. Baum Elementary School offers plenty of fun after school activities.

Home to Baum Elementary School

Students are zoned for Baum Elementary School, which is within the neighborhood’s boundaries. Even children living on the opposite end of the area can walk to school in under 20 minutes. The school teaches kindergarten through sixth grade. Seventh and eighth graders attend Stephen Decatur Middle School. Both schools earn a C-minus score on Niche. Select students at Eisenhower High School can join the Jerry J. Dawson Civic Leadership Institute, which prepares young minds for law enforcement, public safety and emergency services careers. The school earns a C-plus Niche score.

Along Route 121 there are many shops and restaurants close to the Lakeridge neighborhood.
Along Route 121 there are many shops and restaurants close to the Lakeridge neighborhood.

Shopping to the south, east and west

A few retail options are nearby for residents looking to shop and dine. To the south is a small shopping center, home to the Chevrolet Hall Of Fame Museum. Inside the museum is a laidback restaurant called Stix on 36. It features a full-service bar and kitchen serving casual American fare, as well as pool tables and arcade games. Next door to the museum is El Corral Mexican Restaurant, a few service providers and a Dollar General. More shopping can be found along Illinois State Route 121, 1-1/2 miles away. Brand names like Walmart, Aldi and Walgreens sit beside various chain restaurants. 121 leads down toward Mount Zion 4 miles south, or locals can head toward Downtown Decatur via Highway 36. “Downtown is mostly a business center, but there is some shopping, like boutique stores and niche restaurants,” Eaton says.

Isabel Butler
Written By
Isabel Butler
Jonathan Coon
Photography Contributed By
Jonathan Coon
Francisco de la Vera
Video By
Francisco de la Vera

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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

Interested in learning more about homes in this area? Reach out to Hope Williams, an experienced agent in this neighborhood.

Crime and Safety

1 - Low Crime, 10 - High Crime Lakeridge US
Homicide 2 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 2 4
Burglary 2 4
Motor Vehicle Theft 1 4
Larceny 3 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$120,000
Median Single Family Price
$120,000
Average Price Per Sq Ft
$100
Last 12 months Home Sales
8
Median List Price
$120,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
1%

Home Facts

Number of Homes in Neighborhood
105

Distribution of Home Values

Source: Public Records

Interested in learning more about homes in this area? Reach out to Hope Williams, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
457
Median Age
49
Population under 18
19.3%
On par with the national average
23.8%
Population over 65
29.5%
Above the national average
19.1%

Finances

Median Household Income
$75,298
On par with the national average
$71,702
Average Household Income
$75,378

Education and Workforce

High School Graduates
92.2%
College Graduates
21.8%
Below the national average
34.1%
Advanced Degrees
3.7%
Below the national average
13.3%
% Population in Labor Force
61%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
20°F
Average Summer High Temperature
85°F
Annual Snowfall
3''

Area Factors

Somewhat Bikeable

Bike Score®

31 / 100

Car-Dependent

Walk Score®

18 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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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.
NEIGHBORHOOD
Lakeridge