Learn more about homes in Lake Forest, IL

Real Estate in Lake Forest, IL

With its charming, tree-lined streets, historic neighborhoods, outstanding education, and abundance of cultural attractions, Lake Forest, IL is truly a great choice when looking for homes in the Chicago metro area. For those who want to relocate to Lake Forest, the real estate market currently offers a wide selection of beautiful Lake Forest properties and lucrative investment opportunities that will appeal to everyone, whether you are a first time homebuyer or an experienced investor. Properties for sale in Lake Forest primarily include single family homes, as well as vacant lots/land for custom homebuilding in Lake Forest. Occasionally a Lake Forest condominium or townhouse becomes available for those looking for a convenient, low-maintenance option. Lake Forest real estate showcases many gorgeous estate homes, many of which were built by well-known architects in the early years of the city’s development. With sprawling well-manicured lawns and impeccable luxury design features, these homes stand as representations of Lake Forest’s beauty and sophistication, and offer homebuyers a great opportunity to own a piece of the city’s treasured past. No matter what you are looking for—a charming starter home for your growing family or a retirement dream estate—the Lake Forest real estate market has what you need to start your life in this wonderful Chicago North Shore suburb. Come and see for yourself why so many people love to call Lake Forest, IL their home.

Lake Forest Home inventory breakdown by property type

Of the 183 homes for sale in Lake Forest, the breakdown of property types is as follows:
79% Single Family, 5% Condo, 4% Land/lot, 3% Rental, 1% Multi Family and 8% Other.

79% Single Family
5% Condo
12% Other

Area details, home facts and figures

Homes for sale 183
Average Home Size 4,201 ft² / 390 m²
Price Range ($139,500 - $7,500,000)

Weather in Lake Forest

The average high temperatures in Lake Forest range from 30 in January to 82 in July

Average home income in Lake Forest

The average household income of a Lake Forest resident is $255,407 with an average home value of $810,851

Population of Lake Forest

Lake Forest has 20,748 residents.

Home ownership in Lake Forest

The average level of home ownership in Lake Forest is 85%.

Education breakdown of Lake Forest

Education levels of residents of Lake Forest include: highschool 9%, associate 3%, bachelor 40%, graduate 33%.

Households in Lake Forest

Lake Forest has 7,222 homes, built on average 46 years ago.

Information from in and around Lake Forest...

You are Viewing 1 to 20 of 183 homes for sale in Lake Forest. These homes are comprised of Single Family, Condo, Land/lot, Rental, Multi Family and Other. The average list price of these property results is 1,253,474. Prices are listed as US Dollar. For more information on these homes for sale in Lake Forest please contact our member brokerages to schedule a showing or view an open house.

The 183 homes for sale in Lake Forest, IL are represented by 3 member brokerages serving the Lake Forest area. Member brokerages representing the 183 homes include @properties, Griffith, Grant & Lackie REALTORS and Baird & Warner.