Why Live in Lookout Point
Lookout Point in Wonder Lake is a neighborhood characterized by tree-lined, curving streets that provide shade and privacy. Homes along the lake are large custom-builds with expansive windows and decks, while those not on the lake are smaller cottages and ranch-style homes on modest lots. Lookout Point Park and Boat Launch, accessible only to residents, features a small beach, a pier, and open green space with playground equipment. The lake is popular for fishing and boating, particularly with pontoons. The neighborhood is also home to the nationally recognized Wonder Lake Ski Show Team, which performs free shows every Friday in the summer. Dining options include the Busy Bee diner to the north and Alibi Pub and Grill to the south, with Creekside Country Store nearby for quick snacks. For larger shopping needs, Walmart, Meijer, and Aldi are about 5.5 miles away in Johnsburg. The Wonder Lake Farmers and Makers Market runs from May to October, offering fresh produce and artisan goods. Residents can travel via Wonder Lake Road, with the nearest emergency room located 8.5 miles away at Northwestern Medicine McHenry Hospital. Downtown Chicago is approximately 61 miles away, and Chicago O’Hare International Airport is 47 miles away. McHenry Community High School, which serves the area, has a high rating and features a modern Center for Science, Technology and Industry.
Frequently Asked Questions
Is Lookout Point a good place to live?
Lookout Point is a good place to live. Lookout Point is considered very car-dependent and somewhat bikeable. Lookout Point is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Lookout Point has 2 parks for recreational activities. It has a median age of 43. The average household income is $98,294 which is above the national average. College graduates make up 26.6% of residents. A majority of residents in Lookout Point are home owners, with 20.3% of residents renting and 79.7% of residents owning their home. A
local real estate agent serving Lookout Point can help you decide if this neighborhood is the right one for you. Learn more on our
Lookout Point neighborhood guide.
Is Lookout Point, IL a safe neighborhood?
Lookout Point, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Lookout Point?
The median home price in Lookout Point is $899,000. If you put a 20% down payment of $179,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $4,650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $199K a year to afford the median home price in Lookout Point. The average household income in Lookout Point is $98K.
What are the best public schools in Lookout Point?
The best public schools that serve Lookout Point are:
What are the most popular zip codes in Lookout Point, Wonder Lake, IL?
What are the most popular neighborhoods near Lookout Point, Wonder Lake, IL?
Home Trends in Lookout Point, IL
On average, homes in Lookout Point, Wonder Lake sell after 358 days on the market compared to the national average of 70 days. The median sale price for homes in Lookout Point, Wonder Lake over the last 12 months is $650,000, up 90% from the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$655,000
Average Price Per Sq Ft
$235
Number of Homes for Sale
0
Last 12 months Home Sales
11
Median List Price
$899,000
Median Change From 1st List Price
28%
Median Home Sale Price YoY Change
90%