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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 89 single family homes with an average list price of $909,373 and 19 condos/townhomes with an average list price of $395,900. The average annual property tax for Lake Bluff is $10,945.
Averages
- $10,945
- 2,320 ft2
- 0.39 ac
- 1973
- $216/m
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Current Homes for Sale
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List View
121 Homes for Sale
Sort by: Most Recent
 |
Active |  |
Price Change |  |
Under Contract |  |
Foreclosure |  |
Sold |
Recent Sales
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138
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134
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165
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173
|
| 2013 | 2014 | 2015 | 2016 |
| # of sales per year | |||
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$399,000
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$472,500
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$445,000
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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 | ||
|---|---|---|---|---|---|---|---|---|---|
|
Jul 20, 2017 | 400 W. Hawthorne Ct. | 4 | 2.1 | 2,184 ft2 | 2 | 1969 | West Terrace | $603,500 |
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Jul 17, 2017 | 132 Pembroke Cir. | 2 | 2 | 1,278 ft2 | 1 | 1992 | The Hamptons | $200,000 |
|
Jul 13, 2017 | 309 E. Scranton Ave. | 3 + 1* | 3.1 | 2,440 ft2 | 2 | 2000 | $800,000 | |
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Jul 12, 2017 | 354 Hirst Ct. | 5 | 4 | 2,696 ft2 | 2 | 1937 | $429,900 | |
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Jul 11, 2017 | 13000 W. Heiden Cir. #3301 | 3 | 2 | 1,919 ft2 | 2 | 1974 | $158,000 | |
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Jul 10, 2017 | 113 Park Ln. | 5 | 3.1 | 2,505 ft2 | 2 | 1958 | East Terrace | $611,500 |
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Jul 10, 2017 | 103 Pembroke Cir. | 2 + 1* | 2.1 | 1,609 ft2 | 2 | 1993 | The Hamptons | $275,000 |
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Jul 7, 2017 | 95 Clay Ct. | 4 | 4 | 4,400 ft2 | 3 | 2017 | Wimbledon Estates | $1,300,000 |
|
Jul 6, 2017 | 12781 W. Sanctuary Ln. | 4 | 2.1 | 2,417 ft2 | 2 | 1994 | Sanctuary | $415,000 |
|
Jul 5, 2017 | 239 W. Sheridan Pl. | 4 | 2 | 2,471 ft2 | 2 | 1953 | East Terrace | $310,000 |
* 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 |
$321,500 | 6 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 | 7 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. |
$726,000 | 8 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 | |
|
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 |
$563,000 | 1 Home For Sale |
|
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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. |
$301,000 | 3 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 |
$394,500 | 4 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 June rose in volume by 19% when compared to last year, while the median sale price rose by 28.2% from $525,000 to $673,000. The number of Single Family homes sales rose by 46.7%, while the median sale price rose by 22.8% from $560,000 to $687,500. Condo/townhome sales decreased by 50%, while the median sale price rose by 24.7% from $174,000 to $217,000.
Median Sale Price for Lake Bluff
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Number of Sales for Lake Bluff
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Real Estate Sales for June in Lake Bluff
| June | Year to Date (Jan 1 - July 22) | |||||
|---|---|---|---|---|---|---|
| 2016 | 2017 | % Change | 2016 | 2017 | % Change | |
| Homes Sold | 21 | 25 | +19% | 91 | 97 | +6.6% |
| (Single Family) | 15 | 22 | +46.7% | 72 | 76 | +5.6% |
| (Condos/Townhomes) | 6 | 3 | -50% | 19 | 21 | +10.5% |
| Median Sale Price | $525,000 | $673,000 | +28.2% | $525,000 | $429,900 | -18.1% |
| (Single Family) | $560,000 | $687,500 | +22.8% | $570,000 | $584,250 | +2.5% |
| (Condos/Townhomes) | $174,000 | $217,000 | +24.7% | $185,000 | $202,000 | +9.2% |
| Days on Market | 46 | 23 | -50% | 65 | 59 | -9.2% |
| (Single Family) | 46 | 21 | -55.4% | 66 | 62 | -6.1% |
| (Condos/Townhomes) | 69 | 29 | -57.7% | 59 | 30 | -49.2% |
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 |
14% of available homes are currently under contract
Supply & Demand for Single Family Homes
| List Price | Available | Sold Since 01/22 | Under Contract Last 30 days |
Absorption Rate | Months of Inventory |
|---|---|---|---|---|---|
| 176k-200k | 1 | 0.2 | 0 | ||
| 201k-225k | 1 | 0.2 | 0 | ||
| 226k-250k | 3 | 0.5 | 0 | ||
| 251k-275k | 1 | 0 | - | ||
| 276k-300k | 3 | 1 | 1 | 0.2 | 15 |
| 301k-325k | 5 | 0.8 | 0 | ||
| 326k-350k | 2 | 3 | 1 | 0.5 | 4 |
| 351k-375k | 1 | 2 | 0.3 | 3.3 | |
| 376k-400k | 1 | 7 | 3 | 1.2 | 0.8 |
| 401k-425k | 3 | 7 | 1.2 | 2.5 | |
| 426k-450k | 3 | 3 | 1 | 0.5 | 6 |
| 451k-475k | 4 | 3 | 1 | 0.5 | 8 |
| 501k-550k | 2 | 5 | 1 | 0.8 | 2.5 |
| 551k-600k | 3 | 3 | 1 | 0.5 | 6 |
| 601k-650k | 6 | 1 | 0 | ||
| 651k-700k | 5 | 7 | 1.2 | 4.2 | |
| 701k-750k | 7 | 1.2 | 0 | ||
| 751k-800k | 4 | 9 | 1 | 1.5 | 2.7 |
| 801k-850k | 6 | 4 | 3 | 0.7 | 8.6 |
| 851k-900k | 2 | 3 | 0.5 | 4 | |
| 901k-950k | 1 | 0.2 | 0 | ||
| 951k-1m | 2 | 1 | 0.2 | 10 | |
| 1m-1.1m | 2 | 4 | 0.7 | 2.9 | |
| 1.1m-1.2m | 4 | 1 | 0.2 | 20 | |
| 1.2m-1.3m | 6 | 2 | 0.3 | 20 | |
| 1.3m-1.4m | 1 | 1 | 0.2 | 5 | |
| 1.4m-1.5m | 1 | 0.2 | 0 | ||
| 1.6m-1.7m | 1 | 0.2 | 0 | ||
| 1.7m-1.8m | 1 | 0 | - | ||
| 1.8m-1.9m | 2 | 0 | - | ||
| 1.9m-2m | 1 | 0 | - | ||
| 3m-3.5m | 1 | 0 | - | ||
| 10.01m-11m | 1 | 0 | - | ||
10% of available homes are currently under contract
Supply & Demand for Condos/Townhomes
| List Price | Available | Sold Since 01/22 | Under Contract Last 30 days |
Absorption Rate | Months of Inventory |
|---|---|---|---|---|---|
| 1k-25k | 1 | 0 | - | ||
| 76k-100k | 1 | 0.2 | 0 | ||
| 101k-125k | 1 | 1 | 0.2 | 5 | |
| 126k-150k | 1 | 0.2 | 0 | ||
| 151k-175k | 1 | 3 | 0.5 | 2 | |
| 176k-200k | 1 | 2 | 0.3 | 3.3 | |
| 201k-225k | 2 | 4 | 0.7 | 2.9 | |
| 226k-250k | 1 | 3 | 1 | 0.5 | 2 |
| 251k-275k | 4 | 1 | 0.7 | 0 | |
| 276k-300k | 1 | 0.2 | 0 | ||
| 451k-475k | 1 | 0.2 | 0 | ||
| 501k-550k | 2 | 0 | - | ||
| 551k-600k | 3 | 0 | - | ||
| 651k-700k | 1 | 0 | - | ||
| 751k-800k | 2 | 0 | - | ||
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