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Third Lake, IL Homes for Sale

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  • 303 Mainsail Dr, Third Lake, IL 60030
    303 Mainsail Dr, Third Lake, IL 60030
    303 Mainsail Dr, Third Lake, IL 60030
    /29

    $642,000

    • 3 Beds
    • 2.5 Baths
    • 2,368 Sq Ft

    303 Mainsail Dr, Third Lake, IL 60030

    Welcome to your year-round vacation retreat-right at home! Nestled on a private lake, this inviting traditional-style residence offers the perfect blend of comfort, charm, and endless recreation. From your own pier and private beach, you can boat, fish, swim, or even ice skate in winter-every season brings something special.A welcoming front porch sets the tone, leading into a meticulously

    Nano Engdahl Baird & Warner

    303 Mainsail Dr, 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
    /21

    $65,000

    • Land
    • 1 Acre
    • $65,000 per Acre

    31101 N Fairfield Rd, Third Lake, IL 60030

    The perfect size parcel, 1 acre of Land to build your dream home + workshop or a barndominium. This plan is simply an example of one of the many possibilities for this site. Build possibilities & designs are endless. Use any builder you wish! Highly rated Fremont Elementary and Middle school. Located at the corner, and a very short distance to connect electric and gas. Please note this prototype

    Kristina Betancourt Compass

    31101 N Fairfield Rd, Third Lake, IL 60030
  • 0 W Chardon Rd, Third Lake, IL 60030
    0 W Chardon Rd, Third Lake, IL 60030
    0 W Chardon Rd, Third Lake, IL 60030
    /5

    $349,000

    • Land
    • 6.2 Acres
    • $56,290 per Acre

    0 W Chardon Rd, Third Lake, IL 60030

    Welcome to this rare find on sought-after Chardon Road, offering 6 private and gorgeous acres of land with a pond! This expansive property is perfect for those looking to build their dream home in a quiet area with stunning views. The possibilities are endless with this land, allowing for a sustainable lifestyle and the opportunity to create your own estate in a country living setting. Horses and

    Sue Perdue Baird & Warner

    0 W Chardon Rd, Third Lake, IL 60030
  • 0 W Rollins Rd, Third Lake, IL 60030
    0 W Rollins Rd, Third Lake, IL 60030
    /2

    $4,000,000

    • Land
    • 67 Acres
    • $59,701 per Acre

    0 W Rollins Rd, Third Lake, IL 60030

    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
  • 968 Knowles Rd, Gurnee, IL 60031
    968 Knowles Rd, Gurnee, IL 60031
    968 Knowles Rd, Gurnee, IL 60031
    /20

    $514,000

    • 4 Beds
    • 3.5 Baths
    • 2,463 Sq Ft

    968 Knowles Rd, Gurnee, IL 60031

    Welcome to this beautifully maintained 4-bedroom, 3.5-bath residence offering 2,463 square feet of stylish and functional living space. Situated on a quiet, tree-lined street, this two-story home showcases gleaming hardwood floors throughout, creating a warm and inviting ambiance from the moment you arrive. The open-concept main level flows seamlessly-ideal for both entertaining and

    Albert Lin Lotus Land Realty LLC,

    968 Knowles Rd, Gurnee, IL 60031
  • 34871 N Lake Shore Dr, Lake Villa, IL 60046
    34871 N Lake Shore Dr, Lake Villa, IL 60046
    34871 N Lake Shore Dr, Lake Villa, IL 60046
    /10

    $425,000

    • Land
    • 0 Acre

    34871 N Lake Shore Dr, Lake Villa, IL 60046

    PRIME LOCATION-WATERFRONT! ATTENTION ALL BUILDERS AND DEVELOPERS***HOT OPPORTUNITY***PACKAGE INCLUDES 5 ADJOINING BUILDABLE RESIDENTIAL LOTS ON DRUCE LAKE WITH BREATHTAKING AND PICTURESQUE LAKE VIEWS AND UNFORGETTABLE SUNSETS, SOLD TOGETHER. DRUCE LAKE IS A GLACIAL LAKE WITH SOME OF THE BEST FISHING IN THE COUNTY. ENJOY SAILING, KAYAKING, SWIMMING AND NATURE AT ITS BEST. A COMMUTERS DREAM JUST

    TADEUSZ DOLECKI RE/MAX Properties Northwest

    34871 N Lake Shore Dr, Lake Villa, IL 60046
Illinois Lake County Third Lake

Real Estate & Homes for Sale in Third Lake, IL

Why Live in Third Lake

Third Lake, Illinois, is a small community located less than 50 miles from Chicago, known for its water-centric lifestyle with access to Third Lake and Druce Lake. Residents enjoy activities such as boating, fishing, kayaking, and swimming, with motorboats allowed on Third Lake and non-motorized activities on Druce Lake. The area has evolved from a 19th-century resort destination to a community with year-round homes. For those who prefer land-based activities, Caboose Park offers nostalgic playground equipment and an old train car, while Grant Woods Forest Preserve provides trails for hiking, biking, and winter sports. Architecture enthusiasts can visit the New Gracanica Serbian Monastery to admire its intricate designs. Third Lake is served by highly rated schools, including B.J. Hooper Elementary School, Palombi Middle School, and Grayslake North High School, which boasts a 97 percent graduation rate. The community is conveniently close to modern amenities, with Gurnee Mills Mall just 3 miles away, offering major retailers and dining options. Nearby attractions include Six Flags Great America, providing a variety of thrill rides and family-friendly entertainment. The Metra train service facilitates easy travel to and from the area, blending the tranquility of lakeside living with the convenience of urban amenities.

Learn more about living in Third Lake

Frequently Asked Questions

What is the average home price in Third Lake, IL?
Homes for sale in Third Lake, IL have an average home price of $469,700.
How many homes have sold over the last 12 months in Third Lake, IL?
11 homes have sold in Third Lake, IL over the last 12 months.
What are the most popular zip codes in Third Lake, IL?
The most popular zip codes in Third Lake, IL include 60030, 60031, 60046, 60073 and 60083.
How much do you need to make to afford a house in Third Lake?
The median home price in Third Lake is $404,950. If you put a 20% down payment of $81,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $2,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Third Lake.
How are the schools in Third Lake, IL?
Third Lake, IL has highly rated public and private schools. Some of the best schools in Third Lake based on Niche Grades are Grayslake North High School, Grayslake Central High School and Warren Township High School. Browse all the schools in Third Lake, IL to learn more.

Home Trends in Third Lake, IL

On average, homes in Third Lake, IL sell after 17 days on the market compared to the national average of 52 days. The median sale price for homes in Third Lake, IL over the last 12 months is $415,100, up 15% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$415,100
Median Single Family Sale Price
$430,000
Average Price Per Sq Ft
$235
Number of Homes for Sale
1
Last 12 months Home Sales
11
Months of Supply
1.10
Median List Price
$404,950
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
15%
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