Lakeridge
Suburban Neighborhood in Decatur, Illinois
Macon County 62521
$135,596
Average Value
$105
Average Price per Sq Ft
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.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.
/
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.
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.
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.
Written By
Isabel Butler
Photography Contributed By
Jonathan Coon
Video By
Francisco de la Vera
Was this overview helpful?
Agents Specializing in this Area
-
Randy Grigg
Randy Grigg
Vieweg RE/Better Homes & Gardens Real Estate-Service First
(217) 672-5060
279 Total Sales
1 in Lakeridge
$120,000 Price
-
Hope Williams
Hope Williams
Responds QuicklyKeller Williams Pinnacle - MTV
(618) 754-1298
394 Total Sales
1 in Lakeridge
$159,897 Price
-
Kevin Fritzsche
Kevin Fritzsche
Responds QuicklyBrinkoetter REALTORS®
(217) 859-8589
373 Total Sales
3 in Lakeridge
$107K - $211K Price Range
-
Jillian Williams
Jillian Williams
Responds QuicklyMain Place Real Estate
(217) 615-5822
120 Total Sales
1 in Lakeridge
$105,000 Price
-
Blake Reynolds
Blake Reynolds
Responds QuicklyMain Place Real Estate
(217) 462-8079
183 Total Sales
2 in Lakeridge
$46K - $79K Price Range
-
Tony Piraino
Tony Piraino
Brinkoetter REALTORS®
(855) 539-8326
657 Total Sales
5 in Lakeridge
$70K - $260K Price Range
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
- 9th to 12th
- Public
- 7th to 8th
- Public
- K to 6th
- Public
Interested in learning more about homes in this area? Reach out to , 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
Lakeridge Demographics and Home Trends
On average, homes in Lakeridge, Decatur sell after 27 days on the market compared to the national average of 49 days. The median sale price for homes in Lakeridge, Decatur over the last 12 months is $120,000, down 9% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$122,500
Median Sale Price
$120,000
Median Single Family Sale Price
$120,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
10
Median Home Sale Price YoY Change
-9%
Average Price Per Sq Ft
$105
Neighborhood Facts
Number of Homes in Neighborhood
106
Distribution of Home Values
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
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.
Nearby Neighborhoods
Baker Woods
East Decatur community with Central Illinois’ only public Montessori school
Bayview
Lakeside views and access to a prestigious country club on Decatur’s east side
Muffley
An inland neighborhood near Lake Decatur with an eponymous elementary school
Scovill Gardens
Home to the Scovill Zoo and the Children’s Museum of Illinois
Country Club
Strictly residential area next to a highway, a country club and Lake Decatur
Country Manor
Neighborhood characterized by its massive country club and next-door airport
Reviews
Are you familiar with the Lakeridge neighborhood? to let others know what life in this neighborhood is like.
Was this page helpful?
