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Lake Zurich

Lake Zurich

Located in Lake County

$502,961 Average Value
$241 Average Price per Sq Ft
1 Home For Sale

Waterfront-living on Lake Zurich

Lake Zurich is swimming with opportunities to enjoy the great outdoors. This Chicago suburb provides residents with a year-round vacation lifestyle and immediate access to its three lakes – Lake Zurich, the biggest, Echo and Forest Lakes. “Lake Zurich is an area that is excellent for people who are outdoor enthusiasts because of the plethora of activities to be had around the lakes,” says long-time local Cherie Smith Zurek, Realtor with RE/MAX Suburban. What was once a resort town, now caters primarily to permanent residents while maintaining the resort-like amenities that many would travel for. Prospective buyers are attracted to the lakefront life, highly rated school district and the small-town feel conveyed through annual events like the Rock The Block festival. A waterfront suburbia is achieved in Lake Zurich, offering a highly sought-after vacation-like reality 40 miles outside of Chicago.

Sunset views in the sand at Breezewald Park

With Lake Zurich at the center of the community, water sport activities like kayaking and boating are common. “It is a big deal to be close to the lake because it is like you’re living in a resort town, but you’re in the suburbs of Chicago,” says Zurek. To access the lake, you need to either live on the lake property or become a member of one of the beach clubs on the lake, which Zurek says “are highly desirable.” Residents often stroll on the paved paths that surround the lake or sunbathe on the beaches found at either Paulus Park or Breezewald Park. Not only does Paulus Park offer a beach and boating launch, but locals can climb on the jungle gym or ice-skate during the winter months. Zurek recommends visiting Paulus Park to see the sun rise and then Breezewald Park for the sunset. Unlike the private Lake Zurich, Paulus Park will let non-residents in, but there is a charge. Golf enthusiasts are in luck with the members-only Lake Zurich Golf Club nearby, offering 9 holes perfect for fine-tuning a golf swing. For on-the-go dining, check out Oak Ridge Marsh Park for a mulched playground and outdoor dining under the shaded pavilion.

Lake Zurich has several family friendly beaches to enjoy some fun in the sand.
Lake Zurich has several family friendly beaches to enjoy some fun in the sand.
Breezewald Park is a beautiful park offering quiet lake views in Lake Zurich.
Breezewald Park is a beautiful park offering quiet lake views in Lake Zurich.
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New Traditionals and Ranch-style homes

Many homes in Lake Zurich were built between the 1970s and 1990s with more development moving around the early 2000s. “Years ago Lake Zurich was a resort town with a lot of cottages around the lake, but now it is year-round living,” says Zurek, who has lived in the area for over a decade. Lake Zurich features a variety of home styles ranging from traditional Ranch-styles and New Traditionals to Colonial Revivals and multi-family townhouses. With a median sales price of $410,000, homes here range from the high $100,000s for a two-bedroom Ranch-style to upwards of $1,100,000 for a four-bedroom New Traditional. While single-family residences dominate the area, multi-family homes exist within the community as well. Lake Zurich boasts subdivisions ranging from those with lakefront properties in Oak Wood Beach Club and Lake Zurich Heights to those with multi-family townhouses in areas like Sonoma and Somerset. Whitney Shores has its own beach club on the lake for residents of that subdivision to enjoy. Homes with lake views often feature private access and are subject to increased price points. Homes here often feature multi-car garages and cobblestone pathways typically fronted by well-maintained mid-sized yards with shrubbery and seasonal foliage.

Lake Zurich's North Central has lakefront modern traditional homes with over 5,000 square feet.
Lake Zurich's North Central has lakefront modern traditional homes with over 5,000 square feet.
North Central Lake Zurich house price points vary with style and size.
North Central Lake Zurich house price points vary with style and size.
Modern townhouses sit on Lake Zurich's shores and include several docks for easy lake access.
Modern townhouses sit on Lake Zurich's shores and include several docks for easy lake access.
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Dine and dance at Rock The Block

Every year, The Village of Lake Zurich hosts the Rock The Block festival in September at the corner of Old Rand Road and Main Street. Visitors can dance to live music, grab a bite at the local food trucks and relax with a cold craft beer or hard seltzer. The event begins at 5:00 pm and wraps up around 11:00 pm. While the event is catered towards adults, residents of all ages are welcome to experience the festival for free.

Shopping at Village Square

Lake Zurich residents can shop at Village Square, which offers a variety of department stores and retailers, like T.J. Maxx, Petco and Dollar Tree. While groceries and everyday essentials are available at nearby stores, like Wal-Mart, Trader Joe’s and Jewel-Osco. Residents can shop local merchants, vendors and farm-to-table produce at the Lake Zurich Farmers Market, which is held at Paulus Park from June through September between 3:00 pm and 7:00 pm. When dining in the area, locals can visit Walker Bros. Original Pancake House for a classic American breakfast that has served northern Chicago for over 50 years. For more upscale dining, checkout Beelow's Steakhouse for a wide menu of bar bites and rib-eye steak marinated for over 45 days. Or check out Phase Three Brewing for their locally-crafted IPAs and their notable specialty brew. The brewery is highly renowned and is referenced as an IPA lover’s delight by the authority on dining and food, Eater.

For groceries, residents of Lake Zurich have plenty of options including Jewel-Osco.
For groceries, residents of Lake Zurich have plenty of options including Jewel-Osco.
Residents of Lake Zurich can visit Walker Bros. Pancake House for a classic American breakfast.
Residents of Lake Zurich can visit Walker Bros. Pancake House for a classic American breakfast.
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A-rated education in Lake Zurich

Public school students are served by the Lake Zurich Community Unit School District (CUSD) 95 here. Lake Zurich students can attend schools like May Whitney Elementary, Lake Zurich Middle School North and Lake Zurich High School, which have all respectively earned ratings of A from the educational review site, Niche. May Whitney Elementary School offers preschool screening for prospective CUSD 95 students for early education mapping and special education services. Lake Zurich Middle School North serves over 700 students and boasts a 12:1 student-teacher ratio. Lake Zurich High School offers an advanced curriculum with 20 Advanced Placement (AP) courses for higher education preparation. Private options like St. Anne School and St Francis De Sales School are also common.

Lake Zurich High School offers plenty of extracurricular activities and sports for students.
Lake Zurich High School offers plenty of extracurricular activities and sports for students.
Lake Zurich Middle School is a highly rated school with about 600 students.
Lake Zurich Middle School is a highly rated school with about 600 students.
May Whitney Elementary School is a highly rated public school.
May Whitney Elementary School is a highly rated public school.
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Healthcare and commuting around Lake Zurich

Lake Zurich residents rely on U.S. Route 12 and West Main Street for easy access to neighboring areas, like West Hawthorn Hills and Kildeer. Lake Zurich is primarily car-dependent, however, the Barrington Metra Station is only 5 miles away when seeking public transportation. When traveling further outside the community, Lake Zurich is 20 miles from Chicago O'Hare International Airport. Healthcare is available at Advocate Good Shepherd Hospital, located 4 miles from Lake Zurich.

Bryan Winter
Written By
Bryan Winter
Bryan Winter
Video By
Bryan Winter

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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

Lake Zurich Housing Trends

Housing Trends

Median List Price
$529,900
Median Sale Price
$388,000
Median Single Family Sale Price
$700,000
Median Townhouse Sale Price
$355,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
30
Median Home Sale Price YoY Change
-52%
Average Price Per Sq Ft
$241

Neighborhood Facts

Number of Homes in Neighborhood
7,458
Number of Homes for Sale
1
Median Year Built
1986
Months of Supply
0.40
Average Single Family Home Size Sq Ft
3,073
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,064
Average 2 Bedroom Size Sq Ft
1,771
Median Lot Size Sq Ft
14,810

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lake Zurich Has More Owners

Demographics

Total Population
19,134
Median Age
43
Population Density
121 ppl/acre
Population under 18
24.4%
On par with the national average
23.8%
Population over 65
18.9%
On par with the national average
19.1%

Finances

Median Household Income
$123,746
Significantly above the national average
$71,702
Average Household Income
$155,086

Education and Workforce

High School Graduates
97.2%
College Graduates
57.3%
Above the national average
34.1%
Advanced Degrees
24%
Above the national average
13.3%
% Population in Labor Force
75.3%

Weather

Annual Precipitation
32''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
28''

Area Factors

Somewhat Bikeable

Bike Score®®

48 / 100

Very Walkable

Walk Score®®

72 / 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.
Lake Zurich