4

New Construction Homes for Sale in Third Lake, IL

Section Image
  • /2

    $975,900 Lot/Land

    35697 N US Highway 45, Lake Villa, IL 60046

    • 8.44 Acres
    • $115,628 per Acre

    Prime 8.5-acre corner development site on high-visibility U.S. Route 45 in unincorporated Lake Villa! Excellent exposure with dual frontage and easy access from both directions. Ideal for retail, mixed-use, or commercial projects-surrounded by growing residential neighborhoods, schools, and businesses. Strong daily traffic counts and nearby utilities enhance development potential. Located in a

    Nicholas Hansen Home One Realty

    35697 N US Highway 45, Lake Villa, IL 60046
  • /5

    $21,999 Lot/Land

    19035 W Oak Ct, Avon Township, IL 60046

    • 0.11 Acre
    • $199,991 per Acre

    Please note- seller has lowered the price several times and are now firm at the asking price. This 5,000 sq. ft. wooded vacant lot sits on a quiet no-outlet street, offering a peaceful setting while keeping you close to everything Gurnee, Grayslake, Round Lake, and Lindenhurst have to offer. Enjoy access to excellent schools, nearby shopping and dining, and effortless commuting with easy on/off

    Joel Hinckley PlatLabs, LLC

    19035 W Oak Ct, Avon Township, IL 60046
  • /2

    $4,000,000 Lot/Land

    0 W Rollins Rd, Third Lake, IL 60030

    • 67 Acres
    • $59,701 per Acre

    Grayslake has annexed this 67 acre parcel and previously approved a plan that depicts 105 single family lots. This parcel is adjacent to Carillon North. Sewer and water are nearby. Rollins Savannah, a 1200+ acre forest preserve is located just east of the site. The property is approximately 5 miles west of the full interchange of Interstate 94 & Rt. 132 and close to major shopping at Rollins &

    Eve Lee Eve B. Lee

    0 W Rollins Rd, Third Lake, IL 60030
  • /8

    $73,000 Lot/Land

    31101 N Fairfield Rd, Third Lake, IL 60030

    • 1 Acre
    • $73,000 per Acre

    Looking for a great location to build?! Look no more! Great visibility and easy to find, for your at home small business. Buildable 1 acre lot, mostly flat. Nearby utilities, with endless possibilities!! You can build a 4300+ structure or structures on this land, making your own serene Home Sweet Home, exactly as you envisioned. A short drive to Fremont School, Lakewood Grove Park, Nippersink

    Kristina Betancourt Compass

    31101 N Fairfield Rd, Third Lake, IL 60030

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Third Lake, IL usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Third Lake, IL hold their value?
Yes, especially in fast-growing areas of Third Lake, IL. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Third Lake, IL

Housing Trends

Median Sale Price
$417,050
Median Single Family Sale Price
$417,050
Average Price Per Sq Ft
$252
Number of Homes for Sale
0
Last 12 months Home Sales
14
Months of Supply
0.00
Median List Price
$399,450
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
11%
How to Buy a Home How to Finance a Home How to Sell a Home