Why Live in Cambridge Chase
Cambridge Chase in Mundelein, Illinois, offers a quiet residential experience with colonial and Tudor Revival homes built in the 1980s. The neighborhood is primarily composed of homeowners, with 88% owning their homes. Condos and townhouses are also available, featuring monthly fees between $300 and $400. The area is safer than the national average, with all crime categories scoring below the national average. Maurice Noll Park, a local highlight, spans 12 acres and includes a walking path, a pond for fishing, and six newly added pickleball courts. The park also connects to a nature preserve in Libertyville Township, providing opportunities for bird watching. Golf enthusiasts can visit the nearby White Deer Run Golf Club. Cambridge Chase is conveniently located near three Metra commuter rail stations, offering easy access to O’Hare International Airport and downtown Chicago. The neighborhood is largely car-dependent, with a Walk Score of 19, and the nearest Pace bus stop is 2 miles away in Vernon Hills. Local dining options include Hitz Pizza & Sports Bar, Mambo Italiano, and Taste of Paris. For shopping, residents have access to Aldi, Trader Joe’s, and Jewel-Osco along the Milwaukee Avenue bus route. The area is served by highly rated schools in Hawthorn Community School District 73, including Hawthorn Elementary School North, Hawthorn Middle School North, and Vernon Hills High School.
Frequently Asked Questions
Is Cambridge Chase a good place to live?
Cambridge Chase is a good place to live. Cambridge Chase is considered very car-dependent and somewhat bikeable. Cambridge Chase is a suburban neighborhood. Cambridge Chase has 8 parks for recreational activities. It is fairly dense in population with 11.1 people per acre and a median age of 44. The average household income is $152,925 which is above the national average. College graduates make up 51.9% of residents. A majority of residents in Cambridge Chase are home owners, with 18% of residents renting and 82% of residents owning their home. A
local real estate agent serving Cambridge Chase can help you decide if this neighborhood is the right one for you. Learn more on our
Cambridge Chase neighborhood guide.
How much do you need to make to afford a house in Cambridge Chase?
The median home price in Cambridge Chase is $517,000. If you put a 20% down payment of $103,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,670 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $114K a year to afford the median home price in Cambridge Chase. The average household income in Cambridge Chase is $153K.
What are the best public schools in Cambridge Chase?
The best public schools that serve Cambridge Chase are:
What are the best private schools in Cambridge Chase?
The best private schools that serve Cambridge Chase are:
What are the most popular zip codes in Cambridge Chase, Mundelein, IL?
What are the most popular neighborhoods near Cambridge Chase, Mundelein, IL?
Are home prices dropping in Cambridge Chase?
Yes, home prices in Cambridge Chase are down 26% in the last 12 months.
Home Trends in Cambridge Chase, IL
On average, homes in Cambridge Chase, Mundelein sell after 100 days on the market compared to the national average of 70 days. The median sale price for homes in Cambridge Chase, Mundelein over the last 12 months is $479,950, down 14% from the median home sale price over the previous 12 months.
Median Sale Price
$479,950
Median Single Family Sale Price
$262,450
Average Price Per Sq Ft
$166
Number of Homes for Sale
0
Last 12 months Home Sales
4
Median List Price
$517,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-14%