Lake Forest, IL Condo Market Report (In last 12 months)
Avg. List Price
$803,089
($338/Sqft.)
Year-Over-Year List Price
6.15%
Total Listings
49
Avg. Days on Market
82
Avg. Sale Price
$741,258
($317/Sqft.)
Year-Over-Year Sale Price
17.34%
Total Sold
56
Avg. HOA Fees/Sqft.
($5/monthly)
Avg. List Price
$803,089
($338/Sqft.)
Year-Over-Year List Price
6.15%
Lake Forest, IL Condo Market Report
Avg. List Price
$803,089
($338/Sqft.)
Year-Over-Year List Price
6.15%
Total Listings
49
Avg. Days on Market
82
Avg. Sale Price
$741,258
($317/Sqft.)
Year-Over-Year Sale Price
17.34%
Total Sold
56
Avg. HOA Fees/Sqft.
($5/monthly)
Lake forest, IL Condo Market Overview
Nestled in the scenic outskirts of Chicago, Lake Forest embodies a perfect blend of suburban charm and sophisticated living. Known for its picturesque landscapes and historic architecture, the condo market here offers a delightful array of options. From luxury developments boasting sweeping views of Lake Michigan and meticulously landscaped grounds to affordable, well-appointed residences in vibrant communities, there truly is a home for everyone. Quaint neighborhoods like Market Square and the serene Lake Forest shores provide residents with an idyllic backdrop, complete with boutique shopping, gourmet dining, and lush parks perfect for leisurely strolls. Enjoy the tranquility of this charming area while being just a short train ride from the bustling city’s energy. Lake Forest's condo market is not just about homes; it's about a lifestyle rooted in elegance, community, and natural beauty, making every day feel like a retreat. Embrace the allure of life in this serene enclave, where sophistication meets comfort.
4 Listed For Sale NowCondos For Sale In Lake Forest, IL
Explore Lake Forest, IL Neighborhoods
Nestled along the shores of Lake Michigan, this charming suburb boasts picturesque landscapes, elegant architecture, and a strong sense of community. Renowned for its top-rated schools, lush parks, and vibrant cultural events, it seamlessly blends suburban tranquility with easy access to urban amenities, making it a desirable destination for families and professionals alike.
Frequently Asked Questions About Lake Forest, IL
What is it like to live in Lake Forest?
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Is Lake Forest expensive?
Lake Forest is one of the more affluent communities in Illinois, with real estate prices significantly above the national average. The median home price is typically around $1 million, influenced by its prime location along Lake Michigan and desirable amenities such as top-rated schools and recreational facilities.
How much is a condo in Lake Forest?
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What are the safest neighborhoods in Lake Forest?
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