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Tower Lake Homes for Sale

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  • /25

    $389,000

    • 3 Beds
    • 2 Baths
    • 2,025 Sq Ft

    412 Warwick Rd, Tower Lakes, IL 60010

    Located in the sought-after lake community of Tower Lakes, this solidly built brick ranch sits on an extra large, beautifully wooded lot surrounded by mature oaks that create a peaceful natural setting. Built in 1954, the home reflects the sturdy construction and timeless craftsmanship rarely found today. The main level offers comfortable single level living with 3 bedrooms and 2 full bathrooms,

    Valerie Gleason Baird & Warner

    412 Warwick Rd, Tower Lakes, IL 60010
  • /39

    $575,000

    • 3 Beds
    • 4 Baths
    • 2,732 Sq Ft

    531 Peterson Ct, Inverness, IL 60010

    Welcome to this beautiful and spacious 3-bedroom, 2 full and 2 half-bath townhome, perfectly situated on a quiet street with serene pond view. From the moment you step inside, you'll appreciate the inviting and functional layout designed for both everyday living and entertaining. The main level features a bright and open living room seamlessly combined with the dining area, creating an ideal

    Jane Lee RE/MAX Top Performers

    531 Peterson Ct, Inverness, IL 60010

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 with a crime score of 1, making it safer than the average neighborhood in the U.S. Tower Lake has 8 parks for recreational activities. It is sparse in population with 1.7 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 6.3% of residents renting and 93.7% 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.
Is Tower Lake, IL a safe neighborhood?
Tower Lake, IL is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Tower Lake?
The median home price in Tower Lake is $575,000. If you put a 20% down payment of $115,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $2,820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $121K 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:
What are the most popular zip codes in Tower Lake, Tower Lakes, IL?
The most popular zip codes in Tower Lake, Tower Lakes, IL include 60010, 60084, 60013, 60060 and 60047.
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, Wynstone, Slocum Lake, West Lake Barrington and Hawthorn Woods Country Club.
Are home prices dropping in Tower Lake?
Yes, home prices in Tower Lake are down 8% in the last 12 months.

Home Trends in Tower Lake, IL

Housing Trends

Median Sale Price
$572,500
Median Single Family Sale Price
$572,500
Median Townhouse Sale Price
$575,000
Average Price Per Sq Ft
$230
Number of Homes for Sale
1
Last 12 months Home Sales
8
Months of Supply
1.50
Median List Price
$575,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
10%
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