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New Construction Homes for Sale in Third Lake, IL

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  • 19035 W Oak Ct, Avon Township, IL 60046
    19035 W Oak Ct, Avon Township, IL 60046
    19035 W Oak Ct, Avon Township, IL 60046
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    $17,999 Lot/Land

    19035 W Oak Ct, Avon Township, IL 60046

    • 0.11 Acre
    • $163,627 per Acre

    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 access to the Tri-State. A convenient and well-located piece of land ready for your future

    Joel Hinckley PlatLabs, LLC

    19035 W Oak Ct, Avon Township, IL 60046
  • 35697 N US Highway 45, Lake Villa, IL 60046
    35697 N US Highway 45, Lake Villa, IL 60046
    /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
  • 19151 W Grand Ave, Lindenhurst, IL 60046
    19151 W Grand Ave, Lindenhurst, IL 60046
    /2

    $4,100,000 Lot/Land

    19151 W Grand Ave, Lindenhurst, IL 60046

    • 10.4 Acres
    • $394,231 per Acre

    Opportunity Knocks! 10.4 acres now available for sale and development. This fine property is now annexed to the Village of Lindenhurst and is adjacent to and west of the New Zeigler Nissan Dealership! With almost 800' of Grand Avenue frontage and utilities available, this property offers great retail potential!

    Nicholas Nicketakis Callahan Blandings & Schaper

    19151 W Grand Ave, Lindenhurst, IL 60046
  • 20295 W Washington St, Grayslake, IL 60030
    20295 W Washington St, Grayslake, IL 60030
    20295 W Washington St, Grayslake, IL 60030
    /24

    $1,999,999 Lot/Land

    20295 W Washington St, Grayslake, IL 60030

    • 22.2 Acres
    • $90,090 per Acre

    Attention Developers: Grayslake infill site is ready for new construction single family or townhome product. This approximately 22 acre parcel is primarily zoned R5 and partially zoned SCB. Adjoining Cherry Creek Townhome Subdivision has access road already stubbed into the site with possible additional access off Washington Street. Preliminary site plans have been prepared by Hey and

    Robert Frank Robert E. Frank Real Estate

    20295 W Washington St, Grayslake, IL 60030
  • 0 W Rollins Rd, Third Lake, IL 60030
    0 W Rollins Rd, Third Lake, IL 60030
    /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
  • 31101 N Fairfield Rd, Third Lake, IL 60030
    31101 N Fairfield Rd, Third Lake, IL 60030
    31101 N Fairfield 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
New Homes Illinois Third Lake

New Homes & Communities in Third Lake

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

On average, homes in Third Lake, IL sell after 14 days on the market compared to the national average of 55 days. The median sale price for homes in Third Lake, IL over the last 12 months is $375,000, down 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$375,000
Median Single Family Sale Price
$375,000
Average Price Per Sq Ft
$243
Number of Homes for Sale
0
Last 12 months Home Sales
12
Months of Supply
0.00
Median List Price
$379,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-9%
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