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Lake Forest, IL

Located in Illinois, United States, the city of Lake Forest is located in the Chicago metropolitan area.

Lake Forest is a fairly good city to buy a house in for those who prefer a slower-paced environment. This city is quiet overall, as there are generally low levels of noise from traffic - although that is not the case around one of the railway lines or Tri-State Tollway. Lastly, there are around 40 parks nearby for residents to check out, such as Walter E Heller Nature Park and Middlefork Savanna Forest Preserve, which makes them easy to access from a lot of locations in this part of the Chicago metropolitan area.

The predominant housing types in Lake Forest are single detached homes and row houses. This part of the Chicago metropolitan area also has a variety of unit sizes - it is quite easy to find properties ranging from lofts to four or more bedrooms. Roughly 90% of the population of this city own their home while renters make up the remainder. The average year of construction for properties in this city is 1978.

Some, but not all, home buyers in Lake Forest will reside within walking distance of one of approximately 10 grocery stores. There are also a few options for those who cherish nearby restaurants and cafes. Concerning education, it can be difficult to access high schools and primary schools on foot from houses for sale in this part of the Chicago metropolitan area. Along with public schools, there are private elementary and high schools.

Driving is an excellent transportation option in Lake Forest. It is very convenient to park. On the other hand, getting around by transit can be challenging in this part of the Chicago metropolitan area by reason of the infrequent service. Thankfully, house owners can count on the Lake Forest Station with access to the Milwaukee District / North Line and Union Pacific North Line. No bus circuits pass through the city. Traveling on foot is not very practical for home buyers in Lake Forest because running common errands is difficult by walking.

Real Estate

Homes on Market

298

Median List Price

$1,099,450

Median List Price per sqft

$288

Homes with Negative Equity

6.14%
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