Why Live in Cornerstone Lakes
Cornerstone Lakes in West Chicago is a neighborhood known for its modern Colonial-style homes, with prices ranging from $400,000 to $700,000. The area also features older houses on 1-acre lots and a townhouse development across Smith Road. The neighborhood is served by highly rated schools, including Norton Creek Elementary School, Wredling Middle School, and St. Charles East High School, all of which receive high marks. Cornerstone Lakes Park, adjacent to the elementary school, offers a 41-acre space with walking paths, a pond for catch-and-release fishing, and fields for community soccer leagues. The nearby Dunham Forest Preserve provides over 200 acres of prairies and wetlands for birdwatching and nature exploration. Local amenities include a Walmart Supercenter, Jewel-Osco, and dining options like Augustino’s Rock & Roll Deli and Grill and Los Girasoles Restaurant. Retail options include Target and Menards, and entertainment can be found at the Classic Cinemas Charlestowne 18 Theatre. The neighborhood is safer than the national average, with a low crime risk. The DuPage Airport is nearby, generating minimal noise, while O’Hare International Airport is 32 miles east. The closest Metra station, 6 miles away in West Chicago, provides a 50-minute commute to downtown Chicago.
Frequently Asked Questions
Is Cornerstone Lakes a good place to live?
Cornerstone Lakes is a good place to live. Cornerstone Lakes is considered very car-dependent and bikeable. Cornerstone Lakes is a suburban neighborhood. Cornerstone Lakes has 6 parks for recreational activities. It is fairly sparse in population with 3.5 people per acre and a median age of 43. The average household income is $186,945 which is above the national average. College graduates make up 54.7% of residents. A majority of residents in Cornerstone Lakes are home owners, with 8.7% of residents renting and 91.3% of residents owning their home. A
local real estate agent serving Cornerstone Lakes can help you decide if this neighborhood is the right one for you. Learn more on our
Cornerstone Lakes neighborhood guide.
How much do you need to make to afford a house in Cornerstone Lakes?
The median home price in Cornerstone Lakes is $409,900. If you put a 20% down payment of $82,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,120 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in Cornerstone Lakes. The average household income in Cornerstone Lakes is $187K.
What are the best public schools in Cornerstone Lakes?
The best public schools that serve Cornerstone Lakes are:
What are the most popular zip codes in Cornerstone Lakes, West Chicago, IL?
What are the most popular neighborhoods near Cornerstone Lakes, West Chicago, IL?
Are home prices dropping in Cornerstone Lakes?
Yes, home prices in Cornerstone Lakes are down 84% in the last 12 months.
Home Trends in Cornerstone Lakes, IL
On average, homes in Cornerstone Lakes, West Chicago sell after 57 days on the market compared to the national average of 70 days. The median sale price for homes in Cornerstone Lakes, West Chicago over the last 12 months is $412,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$412,000
Median Single Family Sale Price
$224,900
Median Townhouse Sale Price
$412,000
Median 2 Bedroom Sale Price
$999,000
Median 1 Bedroom Sale Price
$399,000
Average Price Per Sq Ft
$348
Number of Homes for Sale
6
Last 12 months Home Sales
16
Median List Price
$409,900
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
14%