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Explore Similar Apartments Within 2 Miles of Virginia Lake, IL

  • /44

    $515,000

    • 5 Beds
    • 3 Baths

    111 E Palatine Rd, Palatine, IL 60067

    Prime Multi-Family/Residential Rental Property in Palatine, IL Welcome to 111 E Palatine Rd, an exceptional commercial property offering unparalleled opportunities for businesses in Palatine, IL. Boasting a range of recent upgrades and a strategic location within walking distance to essential amenities, this property is ready to accommodate a variety of ventures seeking a prime location and

    Rocco Zaccaro Coldwell Banker Realty

    111 E Palatine Rd, Palatine, IL 60067

Why Live in Virginia Lake

Virginia Lake, a neighborhood in Palatine, Chicago, is characterized by its numerous lakes and ponds, providing a scenic backdrop for its diverse housing options. The area features a mix of single-family ranches, split-level homes, condos, and townhouses, many of which are situated around the neighborhood's bodies of water. The community is known for its multicultural population and family-friendly environment, with highly rated schools such as Virginia Lake Elementary School and Palatine High School. The neighborhood's educational institutions emphasize culturally responsive teaching, catering to its diverse student body. Virginia Lake offers ample recreational opportunities with parks like Celtic Park and Sycamore Park, which feature soccer fields, playgrounds, tennis and pickleball courts, and a softball field. The Palatine Bike Trail runs through the neighborhood, connecting residents to nearby nature preserves like Deer Grove East, which offers hiking, mountain biking, and camping. The neighborhood's small retention ponds and larger Virginia Lake provide spaces for swimming and fishing. For shopping and dining, Virginia Lake features two shopping centers with big-box stores such as Target, Aldi, and Walmart, as well as diverse dining options like Kosta’s Gyros and Thai House Restaurant. The neighborhood's proximity to Route 53 and Hicks Road ensures convenient access to Downtown Palatine and a 40-minute commute to Downtown Chicago. Additionally, the Palatine Metra Station offers an alternative for commuters traveling to the city. With a crime rate lower than the national average, Virginia Lake is a practical and appealing choice for families and individuals alike.

Home Trends in Virginia Lake, IL

Housing Trends

Median Sale Price
$215,000
Median Single Family Sale Price
$527,750
Median Townhouse Sale Price
$290,000
Median 2 Bedroom Sale Price
$210,000
Median 1 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$203
Number of Homes for Sale
13
Last 12 months Home Sales
87
Months of Supply
1.80
Median List Price
$229,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
15%
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