Why Live in Twin Lakes
Twin Lakes, in northeastern Springfield, is a suburban neighborhood known for its quiet, residential atmosphere and affordability. Homes here, built over the past 50 years, include ranch, split-level, and contemporary craftsman styles. The neighborhood features well-maintained lawns and tree-lined streets, with two modest ponds lending it its name. Situated between Piper Road and the Historic U.S. 66 Bypass, Twin Lakes offers a peaceful environment away from Downtown Springfield, which is 4 miles southwest.
Indian Hills Park, 1 mile southwest, provides nine acres of playgrounds, a baseball field, tennis courts, and open green spaces. Riverside Park, 2 miles north, offers 470 acres for hiking, camping, bird watching, and fishing along the Sangamon River. While retail options within Twin Lakes are limited, nearby shopping and dining areas on the North Side include Hickory River Smokehouse and Xochimilco. Essential stores like Walmart and Menards are accessible along the U.S. 66 Bypass.
Proximity to North 9th Street ensures access to Downtown Springfield and St. John's Hospital. The Illinois State Fair, held 4 miles west at the Illinois State Fair Grandstand, is a major local event featuring rides, horse races, livestock shows, and live music. Twin Lakes combines suburban tranquility, natural beauty, and convenient amenities, making it an attractive option for potential homeowners.
Frequently Asked Questions
Is Twin Lakes a good place to live?
Twin Lakes is a good place to live. Twin Lakes is considered car-dependent and somewhat bikeable with some transit options. Twin Lakes is a suburban neighborhood. Twin Lakes has 1 park for recreational activities. It is fairly sparse in population with 5.7 people per acre and a median age of 49. The average household income is $97,432 which is above the national average. College graduates make up 20.4% of residents. A majority of residents in Twin Lakes are home owners, with 18.1% of residents renting and 81.9% of residents owning their home. A
local real estate agent serving Twin Lakes can help you decide if this neighborhood is the right one for you. Learn more on our
Twin Lakes neighborhood guide.
How much do you need to make to afford a house in Twin Lakes?
The median home price in Twin Lakes is $600,000. If you put a 20% down payment of $120,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,100 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $133K a year to afford the median home price in Twin Lakes. The average household income in Twin Lakes is $97K.
What are the best public schools in Twin Lakes?
The best public schools that serve Twin Lakes are:
What are the best private schools in Twin Lakes?
The best private schools that serve Twin Lakes are:
What are the most popular zip codes in Twin Lakes, Springfield, IL?
What are the most popular neighborhoods near Twin Lakes, Springfield, IL?
Home Trends in Twin Lakes, IL
On average, homes in Twin Lakes, Springfield sell after 104 days on the market compared to the national average of 70 days. The median sale price for homes in Twin Lakes, Springfield over the last 12 months is $600,000.
Median Sale Price
$600,000
Median Single Family Sale Price
$600,000
Median 2 Bedroom Sale Price
$630,000
Average Price Per Sq Ft
$347
Number of Homes for Sale
5
Last 12 months Home Sales
17
Median List Price
$600,000
Median Change From 1st List Price
1%
