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Explore Similar Homes Within 2 Miles of Lorraine Terrace, IL

  • /17

    $269,500

    • 3 Beds
    • 2 Baths
    • 1,048 Sq Ft

    1019 N Lewis Ave, Waukegan, IL 60085

    Recently remodeled brick home with enough space for the growing family. This home features 3 generous size bedrooms, bright living room, hardwood floors. Spacious eat in kitchen with stainless steel appliances. Lower level offers a family room, office, full bathroom and spacious laundry room. Newly built oversize garage. many recent upgrades includes furnace, AC, kitchen cabinets and more. This

    Agent Photo

    Venny Rivera

    eXp Realty

    (224) 204-0788

    1019 N Lewis Ave, Waukegan, IL 60085
  • /2

    $239,000

    • 2 Beds
    • 2 Baths

    822 S Martin Luther King Junior Ave, Waukegan, IL 60085

    This large Gem just needs a little TLC it has a Frunchroom for an office or your plants and or etc. hardwood flooring through out the units roof 15yrs hvac 15yrs plenty of parking off and on street parking for guest also surrounded by schools,churches,and parks a convenient spot for families and community activities

    Agent Photo

    Regina Stewart

    House of Real Estate

    (224) 505-4650

    822 S Martin Luther King Junior Ave, Waukegan, IL 60085
  • /2

    $44,725

    • Land
    • 0.63 Acre
    • $70,992 per Acre

    613 Clarke Ave, Waukegan, IL 60085

    This spacious and buildable residential lot offers an excellent opportunity for your dream home. Here are the key features: The lot measures 185 feet wide by 79 feet deep providing ample space for a comfortable residence and potential outdoor amenities. All essential utilities gas ,water, sewer and electricity are conveniently available and run up to the lot. This assures a hassle free

    Agent Photo

    Frank Cox

    Century 21 Circle

    (224) 252-8634

    613 Clarke Ave, Waukegan, IL 60085
  • /7

    $236,000

    • 5 Beds
    • 3 Baths

    1117 Judge Ave, Waukegan, IL 60085

    Brick two units with a great income stream whether you rent both units or live in one and rent the other unit. Two entrances to each unit and an extra room (that leads to outside stairs) in the upper unit may be used as a den or office space. The first-floor unit has a sun porch and access to a full basement! Each unit has separate gas and electric meters and 100amp service. The property is

    Agent Photo

    Ken Bruderle

    Realty Executives Advance

    (224) 332-3335

    1117 Judge Ave, Waukegan, IL 60085
  • /7

    $238,000

    • 4 Beds
    • 2 Baths

    522 George Ave, Waukegan, IL 60085

    Both units are very spacious and share a seminar floor plan. Large dining area and living room. The walk-up attic and full basement provide additional space to utilize. Each unit has its own Furnace, Hot water, gas and electric meters. The property backs up to Roosevelt Park green space and just minutes away to Lake Michigan waterfront, beach and the Waukegan Harbor and Marina.

    Agent Photo

    Ken Bruderle

    Realty Executives Advance

    (224) 505-4970

    522 George Ave, Waukegan, IL 60085
  • /35

    $299,000

    • 3 Beds
    • 1.5 Baths
    • 1,632 Sq Ft

    1335 Chestnut St, Waukegan, IL 60085

    Don't miss out on this charming brick Tudor home blending timeless character with fresh modern updates! From its arched entry and rich wood details to the beautifully renovated kitchen with stainless steel appliances and quartz countertops this home offers warmth, style, and space to grow. Enjoy cozy evenings by the fireplace, sunlit mornings in the breakfast nook, and peaceful moments in the

    Rocio Mena HomeSmart Connect LLC

    1335 Chestnut St, Waukegan, IL 60085
  • /26

    $329,999

    • 4 Beds
    • 2 Baths
    • 1,728 Sq Ft

    2440 W Cheyenne Rd, Waukegan, IL 60087

    Discover the finest ranch in town at 2440 West Cheyenne Rd, located in the quiet 60087 Waukegan neighborhood. This stunning home has been remodeled to perfection, offering 4 bedrooms, 2 full baths, and a seamless blend of modern style, comfort, and functionality. Situated on a desirable corner lot, it's move-in ready and conveniently close to Great Lakes Navy Base, shopping, Gurnee Mills, and a

    Silvia Carmona Jason Mitchell Real Estate IL

    2440 W Cheyenne Rd, Waukegan, IL 60087
  • /14

    $274,900

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft

    308 Stewart Ave, Waukegan, IL 60085

    This beautifully maintained ranch offers 3 spacious bedrooms and 2 full bathrooms, including a fully finished basement for added living space. Enjoy cooking in the updated kitchen and relaxing on the inviting brick front porch. The home also features a large driveway, perfect for multiple vehicles. Nestled on a cozy, low-traffic street, this property offers both comfort and convenience-ideal for

    Terrence Muse RE/MAX Premier

    308 Stewart Ave, Waukegan, IL 60085
  • /43

    $320,000

    • 3 Beds
    • 2.5 Baths
    • 1,789 Sq Ft

    389 Pine Grove Ave, Gurnee, IL 60031

    ~ 976 Square feet of GARAGE SPACE ~ Doubt lot, TWO GARAGES ~ Endless Possibilities! Impeccably maintained -- the heavy lifting has been DONE! All it needs are your finishing touches! BLANK CANVAS to make it your own!! ~ Welcome to 389 Pine Grove Ave-where charm, space, and versatility meet. This 3-bed, 2.5-bath home is loaded with custom details, warm wood accents, and thoughtful updates. The

    Jessica Armstrong Berkshire Hathaway HomeServices Chicago

    389 Pine Grove Ave, Gurnee, IL 60031
  • /24

    $307,500

    • 3 Beds
    • 2 Baths
    • 1,564 Sq Ft

    1051 Glenwood Ave, Waukegan, IL 60085

    Step into this beautifully refreshed brick single-family home, where comfort meets modern style. Featuring brand-new plush carpeting, fresh paint throughout, and a brand-new roof, this residence is truly move-in ready. The inviting family room offers a cozy fireplace and a large, stunning picture window to the scenic backyard space, perfect for relaxing evenings or gathering with loved ones.

    Iris Gomez Compass

    1051 Glenwood Ave, Waukegan, IL 60085
  • /50

    $330,000

    • 6 Beds
    • 2 Baths
    • 2,398 Sq Ft

    1102 Wadsworth Ave, North Chicago, IL 60064

    Definitely cooler by the lake and now with a great NEW PRICE!! Just 2 blocks from Lake Michigan you'll find this beautiful large brick 6 bedroom, den and flex room home. With a full renovation in 2023 and meticulous maintenance you are getting a new home. Cozy entryway will take you to a large living room surrounded by windows streaming in your eastern sun to make it a super bright area.

    Maria Fernandez @properties Christie's International Real Estate

    1102 Wadsworth Ave, North Chicago, IL 60064
  • /4

    $259,000

    • 5 Beds
    • 2 Baths
    • 3,870 Sq Ft

    723 N County St, Waukegan, IL 60085

    24hr notice tenants in both units. City of Waukegan has done its inspection on the property and notified the seller this home can be converted into a 2unit.

    Krystel Gonzalez RE/MAX American Dream

    723 N County St, Waukegan, IL 60085
  • /19

    $280,000

    • 4 Beds
    • 1.5 Baths
    • 2,614 Sq Ft

    702 Franklin St, Waukegan, IL 60085

    Nestled on a spacious corner lot, this Grand Victorian home. The interior and exterior have been freshly painted, and the hardwood floors throughout the home have been re-stained. You'll find spacious rooms adorned with stunning original trim work. This home features four genuine bedrooms upstairs and a cozy den or office on the first floor. The large yard and massive two-car garage, complete

    Armando Popoca Century 21 Circle

    702 Franklin St, Waukegan, IL 60085
  • /4

    $199,900

    • 3 Beds
    • 1.5 Baths
    • 1,440 Sq Ft

    3406 Lee Ave, Gurnee, IL 60031

    Check out this 3 bed, 11/2 bath, brick Quad Level in Gurnee on 1/3 of an Acre. There is a large 21/2 car garage at the end of the concrete driveway. The large fenced in yard offers plenty of space and privacy. The home is on a maintenance free city water and city sewer set up. The house offers a good floor plan with 4 levels of space. The lower level offers a woodburning fireplace and has direct

    Ryan Cherney Circle One Realty

    3406 Lee Ave, Gurnee, IL 60031
  • /30

    $424,700

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft

    3491 Keith Ave, Gurnee, IL 60031

    Welcome to a beautifully renovated 4-bedroom, 3-bathroom home perfectly nestled in Gurnee, IL sitting on a double lot. This meticulously updated residence offers both luxurious finishes and practical features, making it ideal for modern living and entertaining. Step inside to find a spacious living room flooded with natural light from expansive windows, complemented by tasteful neutral tones

    Malwina Smosna Chicagoland Brokers, Inc.

    3491 Keith Ave, Gurnee, IL 60031
  • /19

    $110,000

    • 4 Beds
    • 2 Baths

    3401 June St, Park City, IL 60085

    This is better then rent, everything has been done, updated with high end finishes, nothing to do just move in into this 4 bed room 2 bath doble mobile home , with dining area and 2 car garage included.

    Martin Atilano American Dream Realty Group Inc

    3401 June St, Park City, IL 60085
  • /14

    $239,900

    • 3 Beds
    • 1 Bath
    • 1,073 Sq Ft

    2411 Western Ave, Waukegan, IL 60087

    Ranch house on the north side of Waukegan. 3 bedroom, 1 bathroom, this property has a NEW roof,NEW siding, has been well maintain, attic has been foam insulated and is now been used as storage area. Great house for the family.

    Martin Atilano American Dream Realty Group Inc

    2411 Western Ave, Waukegan, IL 60087
  • /52

    $425,000

    • 4 Beds
    • 1.5 Baths
    • 2,770 Sq Ft

    1028 N Sheridan Rd, Waukegan, IL 60085

    Live on tree-lined Sheridan Road in Waukegan's Near North Historic District in a fantastic classic American Foursquare home! 4 bedrooms, 1.1 bathrooms. Enter through the gracious window-lined vestibule ( 9'2" x 8'3" ) lit by a beautiful chandelier through a glass-paned door to the spacious Living Room with a gas fireplace. Double French glass-paned doors open into the coffered-ceiling Dining

    Becky Dolin @properties Christie's International Real Estate

    1028 N Sheridan Rd, Waukegan, IL 60085
  • /13

    $248,900

    • 3 Beds
    • 1 Bath
    • 2,550 Sq Ft

    1425 N Mcaree Rd, Waukegan, IL 60085

    Charming 3-bedroom home recently built in 2018 with a fabulous open floor plan ! Upon entry you are greeted by the spacious living room and combined dining area. Next up is the kitchen which offers a breakfast bar along with plenty of counter and cabinet space and is fully equipped with all appliances. All three bedrooms are generously sized and located on the main level as well as the full

    Delgrashiea Carr HomeSmart Connect LLC

    1425 N Mcaree Rd, Waukegan, IL 60085
  • /25

    $229,900

    • 4 Beds
    • 1.5 Baths
    • 1,092 Sq Ft

    1048 Belle Plaine Ave, Gurnee, IL 60031

    Home needs TLC. does not have central AC sale is AS IS WHERE IS. please have language in contract stating as-is, property will not be broom clean. items will be left behind. cash offer, hard money or private money preferred. short sale addendum required.

    Frank Capasso Fathom Realty IL, LLC

    1048 Belle Plaine Ave, Gurnee, IL 60031
  • /19

    $247,000

    • 5 Beds
    • 2 Baths

    1017 Mcalister Ave, North Chicago, IL 60064

    Great Investment or Owner-Occupant Opportunity! This 2-unit property offers incredible potential with solid fundamentals already in place. The first-floor unit features 3 bedrooms and 1 bath, while the second-floor unit includes 2 bedrooms and 1 bath. Both units are equipped with new central air and new furnaces. The home includes a two-car detached garage plus additional parking for two more

    Luisa Martinez @properties Christie's International Real Estate

    1017 Mcalister Ave, North Chicago, IL 60064
  • /10

    $559,000

    • Land
    • 0 Acre

    1213 Grand Ave, Waukegan, IL 60085

    Prime Development Opportunity-Grand Ave. & Pine St., Waukegan, approximately 65,000 sq. ft. of vacant land with 142 feet of frontage on Grand Avenue, strategically located at the intersection of Grand Ave. and Pine St. This highly visible and accessible site is zoned B-2 and B-3, offering a wide range of commercial development possibilities (see additional information link for zoning use

    Mark Ahmad Century 21 Circle

    1213 Grand Ave, Waukegan, IL 60085
  • /13

    $184,000

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    1000 Pine St, Waukegan, IL 60085

    Step into modern comfort with this stunningly updated home, perfectly situated on a spacious corner lot. The sleek kitchen boasts white shaker cabinets, elegant quartz countertops, a stylish glass backsplash, and stainless steel appliances. Freshly painted throughout, this sun drenched home features wide oversized newer windows that fill each room with natural light, creating a bright and airy

    Iris Gomez Compass

    1000 Pine St, Waukegan, IL 60085
  • /58

    $414,900

    • 5 Beds
    • 4 Baths
    • 3,800 Sq Ft

    2350 N Lewis Ave, Waukegan, IL 60087

    Welcome home to this spacious and uniquely designed custom built estate nestled on over 1 acre of land set back on Bonnie Brook 18-Hole Golf Course! VICTORIAN FARMHOUSE with TRADITIONAL IN-LAW SUITE offering an incredible blend of comfort, functionality, and room to grow! This ONE-OF-A-KIND property is perfect for multi-generational living or those seeking flexible spaces to suit any lifestyle.

    Prentiss Grant RE/MAX Plaza

    2350 N Lewis Ave, Waukegan, IL 60087
  • /25

    $230,000

    • 4 Beds
    • 2 Baths
    • 1,536 Sq Ft

    802 Pine St, Waukegan, IL 60085

    Spacious 4-Bedroom, 2-Bath Home in Excellent Condition! Features a large yard with a 1-car garage, plus a finished basement offering extra living space, two additional rooms, a utility room, a large recreation area, and a full bath with shower. Freshly painted with brand-new flooring throughout the first floor. Move-in ready!

    Alex Orduna Freedom Realty

    802 Pine St, Waukegan, IL 60085
  • /5

    $24,999

    • Land
    • 0.67 Acre
    • $37,312 per Acre

    12538 W Southview Ave, Waukegan, IL 60085

    This 0.67-acre vacant lot in Lake, IL offers easy access to N Green Bay Rd and is surrounded by beautiful mature trees, paved roads, and scenic views. Ideally located near shopping, schools, and parks, with major roads like Washington St just minutes away, this property also offers quick access to local recreation. Enjoy nearby Bonnie Brook Golf Course, Glen Flora Country Club, Bowen Park,

    Joel Hinckley PlatLabs, LLC

    12538 W Southview Ave, Waukegan, IL 60085
  • /22

    $214,900

    • 4 Beds
    • 2 Baths
    • 1,120 Sq Ft

    241 N Ash St, Waukegan, IL 60085

    Great starter home in a nice location, backing to a peaceful ravine and park. The inviting living room features a cozy fireplace and hardwood floors throughout the first floor. Newer kitchen offers modern touches with warmth and character. Three bedrooms located on the main level, with a spacious dormer bedroom upstairs providing additional living space. The full basement includes a rec room, a

    Stephen Snarski HomeSmart Connect

    241 N Ash St, Waukegan, IL 60085
  • /30

    $320,000

    • 3 Beds
    • 3 Baths
    • 1,772 Sq Ft

    2115 Lydia St, Waukegan, IL 60085

    Stunning fully remodeled brick ranch in Waukegan's desirable Park City area! This captivating 3 bd/3 ba home spans 1,772 sq ft and showcases hardwood floors, a cozy custom fireplace, and a spacious eatin kitchen with stainless appliances. A full basement with recreation space and laundry adds practicality and flexibility. Set on a beautifully landscaped, partially wooded 8,777 sq ft lot with

    Matthew Ptaszynski Haderlein & Co. Realtors

    2115 Lydia St, Waukegan, IL 60085
  • /20

    $65,000 Open House 9/28

    • 2 Beds
    • 2 Baths

    3188 Patricia Ln, Park City, IL 60085

    Fabulous 2-bedroom 2 bath 1056 sqft home on a corner lot in renown Genes Mobile Park. A 55+ community! Huge living room with vaulted ceilings for a spacious open feeling, Large eat in kitchen with island. Washer and dryer closet. Good size master bedroom with a wall of closets, Walk in and a master bath. At the opposite end a nice size second bedroom and a full bath. A covered wood deck to enjoy

    Maureen Solache Century 21 Circle

    3188 Patricia Ln, Park City, IL 60085
  • /11

    $335,000

    • 4 Beds
    • 2 Baths

    918 N Ash St, Waukegan, IL 60085

    Updated Multi-Family Home. This beautifully renovated property sits on a treelined street featuring 2 bedrooms and 1 bath in each. Offering a modern and comfortable living space. Both units have been thoughtfully updated from top to bottom, including painting, newer flooring, and stylish finishes throughout. The kitchens boast new cabinetry, countertops and stainless steel appliances, while both

    Cindy Murawski Century 21 Circle

    918 N Ash St, Waukegan, IL 60085
  • /47

    $335,000

    • 4 Beds
    • 2 Baths
    • 1,394 Sq Ft

    2524 Gray Ct, Waukegan, IL 60085

    Exceptional ranch-style home for sale, offering four bedrooms, two bathrooms, open concept living, and a completely remodeled interior. Highlights include a gorgeous kitchen, wood privacy fenced backyard, full basement, garage, new roof, siding, AC unit, windows, and laminated flooring throughout the entire house. Ideally situated within walking distance to main streets, parks, stores,

    Erika Ricardo Netgar Investments Inc

    2524 Gray Ct, Waukegan, IL 60085
  • /18

    $360,000

    • 6 Beds
    • 3.5 Baths
    • 2,300 Sq Ft

    1745 N Frolic Ave, Waukegan, IL 60085

    Absolutely stunning and super spacious 6-bedroom, 3.1-bath home situated on a beautifully landscaped corner lot in one of Waukegan's most sought-after communities! From the moment you arrive, you'll be impressed by the home's charming curb appeal, featuring a tasteful blend of brick and siding that adds character and timeless elegance. Step inside to discover a bright and airy floor plan

    Mario Cordova eXp Realty

    1745 N Frolic Ave, Waukegan, IL 60085
  • /31

    $224,900

    • 3 Beds
    • 1 Bath
    • 1,131 Sq Ft

    12698 W Grandview Ave, Waukegan, IL 60085

    This charming 3-bedroom, 1-bath home is full of potential and ideal for first-time buyers or investors looking to make it their own. While it does need some updates, it's a fantastic opportunity to own a home at an affordable price point in a convenient location. Situated just minutes from shopping centers, main roads, and only a few miles from a major tollway, commuting and daily errands are a

    Lori Mattice RE/MAX Plaza

    12698 W Grandview Ave, Waukegan, IL 60085
  • /22

    $194,900

    • 2 Beds
    • 1 Bath
    • 632 Sq Ft

    12716 W Grandview Ave, Waukegan, IL 60085

    Welcome to this delightful 2-bedroom, 1-bathroom home that perfectly blends comfort and charm. Step inside to find a cozy, inviting layout with a dedicated laundry area for added convenience. The expansive backyard is a true highlight - perfect for outdoor entertaining, gardening, or simply relaxing in your private green space. A long driveway provides plenty of parking, making everyday living

    Lori Mattice RE/MAX Plaza

    12716 W Grandview Ave, Waukegan, IL 60085
  • /35

    $349,900

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    1223 Waveland Ave, Gurnee, IL 60031

    House has been updated with Luxurious Kitchen including 2 built in ovens and Microwave, special Granite countertops, custom cabinets and induction cooktop and incredible Braun Stainless Steel Hood. The kitchen looks like it's from a million-dollar home. Partially finished basement with bar. House is VERY clean with new carpeting. House is in a Great Neighborhood.

    Tamara Verdin Prello Realty

    1223 Waveland Ave, Gurnee, IL 60031
  • /53

    $389,000

    • 4 Beds
    • 4 Baths
    • 2,293 Sq Ft

    301 W Eagle Ct, Waukegan, IL 60087

    Ranch Carriage Home, with Loft, Swimming Pool & Movie Stars! 55+ Community, With Pool & Clubhouse. One of a Kind, This one has it all, Total sf 4719 with garage & fin bsmt. Central Vacuum, 4th Br & 4TH Full Bath, Elevator to LL 2nd Kitchen & Theater, with Large screen, projector & AV Room/Sound Surround. Pool Table. 2nd Laundry rm has a wash tub., Loft 3rd BR has en suite bath. House has

    Marty Golden HomeSmart Connect LLC

    301 W Eagle Ct, Waukegan, IL 60087
  • /10

    $255,000

    • 4 Beds
    • 2 Baths

    670 S Martin Luther King jr Ave, Waukegan, IL 60085

    Landlord pays $63.10 a month water bill to City of Waukegan North Shore Water Reclamation District $120.74 quarterly expense UNIT 1 new tile flooring in kitchen and bathroom, new refrigerator and stove. UNIT 2 new tile and flooring all throughout the unit, new refrigerator. Roof fascia repaired Brand new underground sewer pipe. All work above completed less than 1 year ago. 5 A/C units

    Nancy Drabek Berkshire Hathaway HomeServices Chicago

    670 S Martin Luther King jr Ave, Waukegan, IL 60085
  • /9

    $54,900

    • Land
    • 0.77 Acre
    • $71,299 per Acre

    1430 N Green Bay Rd, Waukegan, IL 60085

    Green Bay Road Frontage!! Fantastic location on this Corner Commercial Land parcel on Green Bay Road 24,300 cars pass by the property daily on average according to the Illinois DOT. This parcel offers frontage on three roads: Green Bay Road, Sherman Avenue, Lee Avenue and Bay Place. The sale includes three lots, two parcel IDs. Refer to included survey. Seller states that the city water line

    Charlene Nikolai Cove Real Estate Group

    1430 N Green Bay Rd, Waukegan, IL 60085
  • /2

    $190,000

    • 5 Beds
    • 2 Baths
    • 876 Sq Ft

    1416 Hamilton Ct, Waukegan, IL 60085

    5 bedroom home , 2 full baths. 2.5 car garage. All windows are new except 2. New roof. Updated baths. Bring your decorative eye and make this your home

    Silvia Garcia Fulton Grace Realty

    1416 Hamilton Ct, Waukegan, IL 60085
  • /16

    $219,900

    • 3 Beds
    • 2 Baths

    413 N Poplar St, Waukegan, IL 60085

    Charming and bright home nestled on a serene, tree-lined street. This modern-style residence has been thoughtfully renovated with numerous upgrades. It features a sleek stainless steel kitchen, pristine white cabinets, and new flooring throughout. The home offers full-sized bedrooms and an additional den that can easily serve as a fourth bedroom. Enjoy the expansive, fenced-in yard, perfect for

    Helene Ventrella Compass

    413 N Poplar St, Waukegan, IL 60085

Why Live in Lorraine Terrace

Lorraine Terrace in Waukegan is a neighborhood characterized by its diverse home styles, including Cape Cods, Tudor Revivals, and ranch-style houses. The area is known for its blooming redbuds in spring and small flower gardens that add charm to the streets. Residents enjoy walkable amenities, with sidewalks connecting homes to a nearby park. Yeoman Park, a few blocks away, features a wooded pathway, playground, and access to the Waukegan River. Hinkston Park’s Field House Sports, Fitness and Aquatics offers extensive recreational facilities, including a rock wall and aquatic center. Lake Michigan is 3 miles east, accessible via Waukegan Municipal Beach, which is popular for birding and features unique dunes and lighthouses. Grand Avenue hosts various businesses, such as Leno’s Sandwich Shop and Drip and Culture coffee shop, along with several supermarkets. Monthly Art Waulk events and the summer Scoop the Loop car show provide cultural and social activities. Grand Avenue also connects residents to downtown Waukegan, 1.5 miles east, and offers bus stops for convenient transportation. Commuters can reach downtown Chicago, 46 miles away, via I-94 or the Waukegan Metra. Chicago O’Hare International Airport is 33 miles away. The neighborhood offers a blend of practical amenities and recreational opportunities, making it a balanced community for potential home buyers.

Frequently Asked Questions

Is Lorraine Terrace a good place to live?
Lorraine Terrace is a good place to live. Lorraine Terrace is considered fairly walkable and bikeable with some transit options. Lorraine Terrace has 5 parks for recreational activities. It has a median age of 36. The average household income is $58,946 which is below the national average. College graduates make up 19.6% of residents. A majority of residents in Lorraine Terrace are home owners, with 33.5% of residents renting and 66.5% of residents owning their home. A local real estate agent serving Lorraine Terrace can help you decide if this neighborhood is the right one for you. Learn more on our Lorraine Terrace neighborhood guide.
How much do you need to make to afford a house in Lorraine Terrace?
The median home price in Lorraine Terrace is $202,500. If you put a 20% down payment of $40,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,000 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $43K a year to afford the median home price in Lorraine Terrace. The average household income in Lorraine Terrace is $59K.
What are the best public schools in Lorraine Terrace?
The best public schools that serve Lorraine Terrace are:
What are the best private schools in Lorraine Terrace?
The best private schools that serve Lorraine Terrace are:
What are the most popular zip codes in Lorraine Terrace, Waukegan, IL?
The most popular zip codes in Lorraine Terrace, Waukegan, IL include 60085, 60087, 60031, 60064 and 60099.
What are the most popular neighborhoods near Lorraine Terrace, Waukegan, IL?
The most popular neighborhoods near Lorraine Terrace, Waukegan, IL are Glenwood Heights, Oakland, The Northwest, Shore Highlands and Lake Cogardens.
Are home prices dropping in Lorraine Terrace?
Yes, home prices in Lorraine Terrace are down 17% in the last 12 months.

Home Trends in Lorraine Terrace, IL

Housing Trends

Median Sale Price
$199,395
Median Single Family Sale Price
$199,395
Average Price Per Sq Ft
$173
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$202,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-13%
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