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Third Lake, IL Homes for Sale

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  • /20

    $314,900

    • 3 Beds
    • 1 Bath
    • 1,144 Sq Ft

    9 Sunshine Ave, Third Lake, IL 60030

    Charming Ranch in Desirable Third Lake Subdivision! This beautifully updated ranch-style home sits on a generous lot and offers 3 bedrooms, a kitchen, dining room, and an attached 2-car garage. Freshly painted with new flooring throughout, the interior is move-in ready. Step outside and enjoy the expansive 18x28 deck-perfect for relaxing or entertaining. Conveniently located with easy access to

    Roberto Sanchez Century 21 Integra

    9 Sunshine Ave, Third Lake, IL 60030
  • /43

    $379,900

    • 3 Beds
    • 3 Baths
    • 1,825 Sq Ft

    400 Seafarer Dr, Third Lake, IL 60030

    Enjoy Lakeside Living in Mariner's Cove! Welcome to Mariner's Cove, a unique community nestled between two beautiful lakes. Residents enjoy motorboating and jet skiing on Third Lake, or a peaceful paddle by canoe or kayak on non-motorized Druce Lake. A sandy beach offers the perfect spot to relax and unwind. This well-maintained 3-bedroom, 3-bath home offers 1,825 sq. ft. of comfortable living

    Scott Paul RE/MAX Suburban

    400 Seafarer Dr, Third Lake, IL 60030
  • /46

    $340,000

    • 3 Beds
    • 2 Baths
    • 1,416 Sq Ft

    80 N Lake Ave, Third Lake, IL 60030

    Unbeatable Location with Nature at Your Doorstep! Nestled against the scenic Rollins Savanna and the Millennium Trail, and just steps from the shores of Third Lake, this charming home offers an unbeatable setting for outdoor enthusiasts. Whether you're kayaking, hiking, or simply soaking in the serene surroundings, this location delivers peace and natural beauty in abundance. Inside, you'll

    Lynn Fairfield RE/MAX Suburban

    80 N Lake Ave, Third Lake, IL 60030
  • /10

    $100,000

    • Land
    • 0.30 Acre
    • $333,333 per Acre

    Lots 51 &52 Lake Ave, Third Lake, IL 60030

    Build your dream home with breathtaking views! This rare 106x143x43x150 ft vacant lot backs directly to Rollins Savannah Forest Preserve, offering a stunning natural backdrop and year-round privacy. Located in the charming Village of Third Lake, this lot is part of a desirable lakefront community featuring high-end homes with access to a boat launch on Third Lake-perfect for kayaking, fishing, or

    Lynn Fairfield RE/MAX Suburban

    Lots 51 &52 Lake Ave, Third Lake, IL 60030
  • /9

    $65,000

    • Land
    • 0.18 Acre
    • $361,111 per Acre

    Lot 48 Lake Ave, Third Lake, IL 60030

    Build your dream home with breathtaking views! This rare 50x149 ft vacant lot backs directly to Rollins Savannah Forest Preserve, offering a stunning natural backdrop and year-round privacy. Located in the charming Village of Third Lake, this lot is part of a desirable lakefront community featuring high-end homes with exclusive access to a boat launch on Third Lake-perfect for kayaking, fishing,

    Lynn Fairfield RE/MAX Suburban

    Lot 48 Lake Ave, Third Lake, IL 60030
  • /21

    $65,000

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

    31101 N Fairfield Rd, Third Lake, IL 60030

    1 acre of Land to build your dream home or 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. Please note this prototype features a working garage that would house 6 + cars, with a 3/2 plan that could easily be modified to a 4/3 with

    Kristina Betancourt Compass

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

    $349,000

    • Land
    • 6 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
  • /14

    $3,500,000

    • Land
    • 246 Acres
    • $14,199 per Acre

    22731 W Townline Rd, Third Lake, IL 60030

    **Campbell Airport: Your Gateway to Opportunity in Lake County, IL** Welcome to Campbell Airport, a charming small-town airport with a big potential, perfectly nestled in the heart of fast-growing Lake County, Illinois. Privately owned yet open for public use, Campbell Airport is a cornerstone of the community, proudly serving the aviation needs of one of the top five Metropolitan Statistical

    Benjamin Lovinger Baird & Warner

    22731 W Townline 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
  • /20

    $519,000

    • 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
  • /10

    $425,000

    • Land
    • 0.00 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

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.

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 $1,098,000.
How many homes have sold over the last 12 months in Third Lake, IL?
1 home has 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 60048.
How much do you need to make to afford a house in Third Lake?
The median home price in Third Lake is $1,098,000. If you put a 20% down payment of $219,600 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $5,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $243K 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

Housing Trends

Median Sale Price
$1,500,821
Median Single Family Sale Price
$1,500,821
Average Price Per Sq Ft
$401
Number of Homes for Sale
0
Last 12 months Home Sales
1
Months of Supply
0.00
Median List Price
$1,098,000
Median Change From 1st List Price
-37%
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