$399,900
Pending
- 3 Beds
- 2 Baths
- 1,800 Sq Ft
806 Roberts Rd, Tower Lakes, IL 60010
Rebecca Johnson Real Broker, LLC
Frequently Asked Questions
Is Tower Lake a good place to live?
Tower Lake is a good place to live. Tower Lake is considered very car-dependent and somewhat bikeable. Tower Lake is a suburban neighborhood. Tower Lake has 8 parks for recreational activities.It is sparse in population with 2.0 people per acre and a median age of 46. The average household income is $176,357 which is above the national average. College graduates make up 75.7% of residents. A majority of residents in Tower Lake are home owners, with 6% of residents renting and 94% of residents owning their home. A local real estate agent serving Tower Lake can help you decide if this neighborhood is the right one for you. Learn more on our Tower Lake neighborhood guide.
How much do you need to make to afford a house in Tower Lake?
The median home price in Tower Lake is $649,000. If you put a 20% down payment of $129,800 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $3,440 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $147K a year to afford the median home price in Tower Lake. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Tower Lake is $176K.
What are the best public schools in Tower Lake?
The best public schools that serve Tower Lake are:
- Barrington High School has an A+ Niche grade, a student teacher ratio of 16:1 and an average review score of 4.0.
- Barrington Middle School Station Campus has an A Niche grade, a student teacher ratio of 12:1 and an average review score of 4.1.
- Barrington Mdle School- Prairie Cmps has an A Niche grade, a student teacher ratio of 14:1 and an average review score of 2.9.
What are the most popular zip codes in Tower Lake, Tower Lakes, IL?
What are the most popular neighborhoods near Tower Lake, Tower Lakes, IL?
The most popular neighborhoods near Tower Lake, Tower Lakes, IL are Lake Barrington Shores, Timberlake, Wynstone, East Lake Barrington and West Lake Barrington.
