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Lake Bluff, Illinois, Real Estate
Lake Bluff is a village in Lake County, Illinois - located in the North Shore of Lake Michigan, a far north suburb of Chicago. The population was 7,469 as of 2015.
Lake Bluff currently has 80 single family homes with an average list price of $990,390 and 26 condos/townhomes with an average list price of $346,973. The average annual property tax for Lake Bluff is $11,467.
Averages
- $11,467
- 2,376 ft2
- 0.41 ac
- 1974
- $212/m
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Current Homes for Sale
Map View
List View
117 Homes for Sale
Sort by: Most Recent
 |
Active |  |
Price Change |  |
Under Contract |  |
Foreclosure |  |
Sold |
Recent Sales
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134
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126
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163
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173
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| 2013 | 2014 | 2015 | 2016 |
| # of sales per year | |||
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$401,250
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$465,000
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$450,000
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$469,000
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| 2013 | 2014 | 2015 | 2016 |
| median sale price per year | |||
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Oct 20, 2017 | 654 Garfield Ave. | 3 + 1* | 2 | 1,522 ft2 | 2 | 1956 | $386,500 | |
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Oct 19, 2017 | 125 Hemstead St. | 2 | 2.1 | 1,350 ft2 | 2 | 1992 | The Hamptons | $230,000 |
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Oct 18, 2017 | 12818 W. Sanctuary Ln. | 3 | 3.1 | — | 2 | 1994 | Sanctuary | $358,000 |
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Oct 17, 2017 | 363 Green Bay Rd. | 4 | 3 | 2,657 ft2 | 2 | 1968 | $550,000 | |
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Oct 13, 2017 | 645 Rockland Ave. | 4 + 1* | 3 | 2,328 ft2 | 2.5 | 1982 | $710,000 | |
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Oct 12, 2017 | 400 Arbor Dr. | 5 | 4.1 | 4,480 ft2 | 3 | 1988 | $1,075,000 | |
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Oct 6, 2017 | 28596 Windmere Ct. | 4 | 2.1 | 2,958 ft2 | 2 | 1998 | $591,650 | |
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Oct 5, 2017 | 13000 W. Heiden Cir. #3411-12 | 3 | 2 | 1,919 ft2 | 2 | 1974 | Whispering Lake | $158,000 |
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Oct 4, 2017 | 135 Welwyn St. #18-B | 2 | 2 | 1,437 ft2 | 1 | 1993 | The Hamptons | $185,000 |
|
Oct 2, 2017 | 190 Lancaster Ct. | 4 | 4 | 4,318 ft2 | 3 | 1986 | Tangley Oaks | $810,000 |
* indicates bedrooms in the basement
Schools
| School | District | Grade Level | Grades | For Sale |
|---|---|---|---|---|
| Lake Bluff Elementary School | 65 | Elementary | K-5 | View Homes For Sale |
| Oak Grove Elementary School | 68 | Elementary | P-8 | View Homes For Sale |
| Rondout Elementary School | 72 | Elementary | K-8 | View Homes For Sale |
| Lake Bluff Middle School | 65 | Middle | 6-8 | View Homes For Sale |
| Oak Grove Elementary School | 68 | Middle | P-8 | View Homes For Sale |
Subdivisions
| Subdivisions | Median Price | ||
|---|---|---|---|
|
Arden Shores Estates Arden Shores Estates is a single family home neighborhood in Lake Bluff, Illinois. Arden Shores Estates is located east of Green Bay Road (Route 131) and north of Route 176. Read more |
$315,000 | 4 Homes For Sale |
|
Armour Woods Armour Woods is a townhouse and duplex neighborhood built in the mid 1980's. Armour Woods is located in Lake Bluff, Illinois east of Green Bay Road north of Route 176. Read more |
$491,750 | 9 Homes For Sale |
|
Belle Foret Belle Foret is is subdivision of single family homes built in the early 1990s. Belle Foret is located on 30 wooded acres in Lake Bluff, Illinois just north of the Lake Bluff Golf Club and west of Green Bay Road. Read more |
$937,500 | |
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East Lake Bluff East Lake Bluff is a single family neighborhood in Lake Bluff, Illinois. East Lake Bluff is located North of 176 just east of Sheridan Road. |
$768,000 | 9 Homes For Sale |
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East Terrace East Terrace is a single family neighborhood located in Lake Bluff, Illinois. East Terrace is located off Green Bay Road and Route 176. |
$411,500 | |
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Glenmore Woods Glenmore Woods is a single family neighborhood built in the late 1990s by Residential Homes of America. Glenmore Woods features 54 homes with floor plans ranging from 2,400 to 3,225 square feet of living space. Glenmore Woods is located in Lake Bluff, Illinois on Route 176 west of Waukegan Road. Read more |
$564,000 | |
|
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Knollwood Knollwood is a single family home neighborhood in Lake Bluff, Illinois. Knollwood is located on Waukegan Road north of Route 176. |
$300,000 | 8 Homes For Sale |
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Lansdowne Lansdowne is a subdivision of custom built homes by Orren Pickell located along Lake Michigan in Lake Bluff, Illinois. Lansdowne is located off of Sheridan Road north of Spruce. Read more |
$4,374,950 | 1 Home For Sale |
|
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Robinwood Estates Robinwood Estates is a townhouse subdivision built in the mid 1980s. Robinwood Estates is located in Lake Bluff, Illinois off of Route 43 and Washington Avenue. |
$117,500 | |
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Sanctuary The Sanctuary is a single family neighborhood built in the mid 1990s by Residential Homes of America. The Sanctuary features 177 homes on 80 acres with 35 acres of wetland and natural areas. Floor plans range from 2,042 to 2,850 square feet of living space. The Sanctuary in Lake Bluff is located on Waukegan Road north of 176 to Atkinson east in Lake Bluff, Illinois. Read more |
$394,000 | 2 Homes For Sale |
Metra Train Stations
| Station | Line | Address | ||
|---|---|---|---|---|
| Lake Bluff | Union Pacific / North Line (UP-N) | 600 N. Sheridan Rd. | View Map |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
Artesian Park Sheridan Road |
Baseball Diamonds Basketball Courts Multi Purpose Field Parking Picnic Area Shelter Skate Park Softball Fields Tennis Courts |
|
Blair Park 355 W. Washington Avenue |
Golf Outdoor Pavilion Parking Picnic Area Playground Shelter Skate Park Sled Hill Soccer Fields Swimming Pool Tennis Courts |
|
|
Knollwood Park Knollwood Road |
Hiking Paths Shelter |
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Mawman Park Mawman Avenue |
Baseball Diamonds Basketball Courts Playground Soccer Fields |
|
Ravine Park Sylvan Road |
Baseball Diamonds Basketball Courts Hiking Paths Playground Softball Fields |
Market Trends
Lake Bluff home sales for the month of September decreased in volume by 33.3% when compared to last year, while the median sale price rose by 209.6% from $192,000 to $594,500. The number of Single Family homes sales rose by 75%, while the median sale price rose by 0.5% from $617,000 to $620,000. Condo/townhome sales decreased by 87.5%, while the median sale price rose by 312.1% from $128,600 to $530,000.
Median Sale Price for Lake Bluff
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Number of Sales for Lake Bluff
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Real Estate Sales for September in Lake Bluff
| September | Year to Date (Jan 1 - October 21) | |||||
|---|---|---|---|---|---|---|
| 2016 | 2017 | % Change | 2016 | 2017 | % Change | |
| Homes Sold | 12 | 8 | -33.3% | 117 | 143 | +22.2% |
| (Single Family) | 4 | 7 | +75% | 87 | 111 | +27.6% |
| (Condos/Townhomes) | 8 | 1 | -87.5% | 30 | 32 | +6.7% |
| Median Sale Price | $192,000 | $594,500 | +209.6% | $471,000 | $460,000 | -2.3% |
| (Single Family) | $617,000 | $620,000 | +0.5% | $550,000 | $600,000 | +9.1% |
| (Condos/Townhomes) | $128,600 | $530,000 | +312.1% | $202,750 | $216,000 | +6.5% |
| Days on Market | 34 | 61 | +80.6% | 45 | 35 | -22.2% |
| (Single Family) | 3 | 70 | +2233.3% | 44 | 45 | +2.3% |
| (Condos/Townhomes) | 42 | 51 | +22.9% | 52 | 32 | -37.9% |
Supply & Demand
The absorption rate is essentially the total number of months that is would take to sell all of the current listings in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. Read more »
How is Absorption Rate calculated? How is Months of Inventory calculated?
| Seller's Market |
Balanced Market |
Buyer's Market |
|---|---|---|
| < 5 months Inventory |
5 months Inventory |
> 5 months Inventory |
9% of available homes are currently under contract
Supply & Demand for Single Family Homes
| List Price | Available | Sold Since 04/21 | Under Contract Last 30 days |
Absorption Rate | Months of Inventory |
|---|---|---|---|---|---|
| 76k-100k | 1 | 0 | - | ||
| 176k-200k | 1 | 0.2 | 0 | ||
| 226k-250k | 1 | 3 | 2 | 0.5 | 2 |
| 251k-275k | 2 | 1 | 0.2 | 10 | |
| 276k-300k | 3 | 0 | - | ||
| 301k-325k | 2 | 0.3 | 0 | ||
| 326k-350k | 3 | 1 | 0.2 | 15 | |
| 351k-375k | 1 | 2 | 0.3 | 3.3 | |
| 376k-400k | 5 | 7 | 1.2 | 4.2 | |
| 401k-425k | 2 | 5 | 0.8 | 2.5 | |
| 426k-450k | 3 | 1 | 0.2 | 15 | |
| 451k-475k | 1 | 1 | 0.2 | 5 | |
| 476k-500k | 1 | 3 | 1 | 0.5 | 2 |
| 501k-550k | 1 | 3 | 1 | 0.5 | 2 |
| 551k-600k | 2 | 4 | 0.7 | 2.9 | |
| 601k-650k | 2 | 5 | 0.8 | 2.5 | |
| 651k-700k | 6 | 4 | 0.7 | 8.6 | |
| 701k-750k | 1 | 5 | 1 | 0.8 | 1.3 |
| 751k-800k | 6 | 6 | 1 | 6 | |
| 801k-850k | 5 | 6 | 1 | 5 | |
| 851k-900k | 1 | 1 | 0.2 | 5 | |
| 901k-950k | 2 | 0 | - | ||
| 951k-1m | 3 | 1 | 1 | 0.2 | 15 |
| 1m-1.1m | 2 | 0.3 | 0 | ||
| 1.1m-1.2m | 5 | 0 | - | ||
| 1.2m-1.3m | 1 | 2 | 0.3 | 3.3 | |
| 1.4m-1.5m | 1 | 1 | 0.2 | 5 | |
| 1.7m-1.8m | 1 | 1 | 1 | 0.2 | 5 |
| 1.8m-1.9m | 1 | 0 | - | ||
| 1.9m-2m | 1 | 0 | - | ||
| 3m-3.5m | 1 | 0 | - | ||
| 3.5m-4m | 1 | 0 | - | ||
| 4.5m-5m | 1 | 0 | - | ||
| 10.01m-11m | 1 | 0 | - | ||
15% of available homes are currently under contract
Supply & Demand for Condos/Townhomes
| List Price | Available | Sold Since 04/21 | Under Contract Last 30 days |
Absorption Rate | Months of Inventory |
|---|---|---|---|---|---|
| 1k-25k | 1 | 0 | - | ||
| 101k-125k | 1 | 0 | - | ||
| 126k-150k | 1 | 1 | 0.2 | 5 | |
| 151k-175k | 4 | 0.7 | 0 | ||
| 176k-200k | 1 | 2 | 0.3 | 3.3 | |
| 201k-225k | 6 | 4 | 1 | 0.7 | 8.6 |
| 226k-250k | 9 | 1 | 1.5 | 0 | |
| 251k-275k | 1 | 1 | 0.2 | 5 | |
| 276k-300k | 1 | 0 | - | ||
| 401k-425k | 1 | 0.2 | 0 | ||
| 451k-475k | 1 | 0.2 | 0 | ||
| 476k-500k | 2 | 0 | - | ||
| 501k-550k | 3 | 2 | 0.5 | 0 | |
| 551k-600k | 2 | 0 | - | ||
| 651k-700k | 1 | 0 | - | ||
| 701k-750k | 1 | 0 | - | ||
| 751k-800k | 1 | 0 | - | ||
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