Third Lake, Illinois, Real Estate

Third Lake currently has 5 single family homes with an average list price of $274,080. The average annual property tax for Third Lake is $9,628.

Current Homes for Sale

Townhomes/Condos for Sale in Third Lake Condos &
Townhomes 0 no homes
Multi-unit Homes for Sale in Third Lake Multi-Unit
Homes 0 no homes
Short Sales in Third Lake Short
Sales 0 no homes
Foreclosures for Sale in Third Lake Short
Sales 0 no homes
New Construction Homes for Sale in Third Lake New
Construction 0 no homes
Adult Community Homes for Sale in Third Lake Adult
Communities 0 no homes

Schools

School District Grade Level Grades
Avon Center Elementary School 46 Elementary K-4
Woodland Elementary School 50 Elementary 1-3
Frederick School 46 Middle 5-6
Grayslake Middle School 46 Middle 7-8
Woodland Middle School 50 Middle 6-8
Grayslake North High School 127 High 9-12
Show all 6 schools

What's Hot & What Not

absorption_rate

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Third Lake, i.e. what's hot and what's not.

See What's Hot & What's Not in Third Lake

Subdivisions

Subdivisions Median Price
Mariners Cove Mariners Cove
Mariners Cove is a single family neighborhood built in the late 1980s to early 1990s. Mariners Cove features 350 homes situated close to Third and Druce lakes, which offer 225 acres available for year-round recreation including swimming, boating, fishing and ice skating. Mariners Cove is located in Third Lake, Illinois on Washington west of Route 45 Read more 		$241,000
No Photos Sunshine
Sunshine is a single family home neighborhood located in Third Lake, Illinois. Sunshine subdivision was platted in the late 1920s and consists of 84 homes. Sunshine residents enjoy rights to 2 lakes, Third Lake and Druce Lake. Sunshine subdivision is located off Rt. 45 South of Rollins Road. Read more 		$199,500

Recent Sales

Date Address Beds Baths Sq. Ft. Year Subdivision Sold
4 Galleon Ct., Third Lake, IL 60030 Sep 27, 2018 4 Galleon Ct. 4 2.1 2,408 ft2 2 1989 Mariners Cove $229,900
8 Portside Ct., Third Lake, IL 60030 Sep 10, 2018 8 Portside Ct. 4 2 2,560 ft2 2 1989 Mariners Cove $218,000
9 Brigantine Ln., Third Lake, IL 60030 Sep 10, 2018 9 Brigantine Ln. 4 + 1* 3 2,359 ft2 2 1985 Mariners Cove $255,000
3 Crows Nest Ct., Third Lake, IL 60030 Jul 30, 2018 3 Crows Nest Ct. 3 2.1 1,743 ft2 2 1987 Mariners Cove $233,000
327 Seafarer Dr., Third Lake, IL 60030 Jul 25, 2018 327 Seafarer Dr. 3 2.1 1,696 ft2 2 1985 Mariners Cove $228,500
10 Brigantine Ln., Third Lake, IL 60030 Jun 29, 2018 10 Brigantine Ln. 4 3 2,192 ft2 2 1986 $365,000
319 Mainsail Dr., Third Lake, IL 60030 Jun 22, 2018 319 Mainsail Dr. 4 2.1 2,314 ft2 3 1987 Mariners Cove $425,000
401 Seafarer Dr., Third Lake, IL 60030 Jun 13, 2018 401 Seafarer Dr. 3 3 1,806 ft2 2.5 1986 Mariners Cove $322,500
2 Coral Reef Ct., Third Lake, IL 60030 Jun 11, 2018 2 Coral Reef Ct. 3 + 2* 3 2,656 ft2 2.5 1988 Mariners Cove $269,900
211 Mainsail Dr., Third Lake, IL 60030 Jun 1, 2018 211 Mainsail Dr. 3 2.1 2,408 ft2 2 1989 $285,500
View Entire Sale History
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Market Trends

Third Lake home sales for the month of September rose in volume by 200% when compared to last year, while the median sale price rose by 5.5% from $218,000 to $229,900. The number of Single Family homes sales rose by 200%, while the median sale price rose by 5.5% from $218,000 to $229,900.

17
16
17
16
2014 2015 2016 2017
# of sales per year
$225,000
$214,000
$259,000
$260,500
2014 2015 2016 2017
median sale price per year

Median Sale Price for

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Number of Sales for

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Real Estate Sales for September in

September Year to Date (Jan 1 - October 20)
2017 2018 % Change 2017 2018 % Change
Homes Sold 1 3 +200% 11 16 +45.5%
(Single Family) 1 3 +200% 11 16 +45.5%
(Condos/Townhomes) 0 0 - 0 0 -
Median Sale Price $218,000 $229,900 +5.5% $263,000 $262,450 -0.2%
(Single Family) $218,000 $229,900 +5.5% $263,000 $262,450 -0.2%
(Condos/Townhomes) $0 $0 - $0 $0 -
Days on Market 52 11 -78.8% 10 12 +15%
(Single Family) 52 11 -78.8% 10 12 +15%
(Condos/Townhomes) 0 0 - 0 0 -