Lakewood IL Commercial for Sale

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Lakewood Real Estate

The median home value in Lakewood, IL is $548,000. This is higher than the county median home value of $288,600. The national median home value is $338,100. The average price of homes sold in Lakewood, IL is $548,000. Approximately 92.92% of Lakewood homes are owned, compared to 4.46% rented, while 2.62% are vacant. Lakewood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lakewood real estate agent to arrange a tour today!

Lakewood, Illinois has a population of 4,489. Lakewood is more family-centric than the surrounding county with 58.27% of the households containing married families with children. The county average for households married with children is 33.95%.

The median household income in Lakewood, Illinois is $156,477. The median household income for the surrounding county is $93,801 compared to the national median of $69,021. The median age of people living in Lakewood is 40.7 years.

Lakewood Weather

The average high temperature in July is 81.8 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 36.8 inches per year, with 34.9 inches of snow per year.

Lakewood Real Estate Market Conditions

  • Median sales price

    $548,000
    14.5% change since last quarter
  • # Active listings

    43
    30-day change

Lakewood Schools and Demographics

Education near Lakewood, IL

Metric City County
High School Graduates 100 93.54
College Degree - 2 year 7.6 9.37
College Degree - 4 year 61.09 35.19
Graduate Degree 25.17 9.38
Expenditures per Student 18,892 18,892
Students per Teacher 13.7 13.7

Elementary Schools near Lakewood, IL

School Grades Students P/T Ratio ZIP
Algonquin Lakes Elementary School KG - 05 537 15.5 60102
Briargate Elementary School PK - 05 367 17 60013
Canterbury Elementary School KG - 05 457 12.2 60014
Chesak Elementary School KG - 02 853 16.7 60156
Conley Elementary School 03 - 05 651 17.8 60102
Coventry Elementary School KG - 05 509 13.9 60014
Deer Path Elementary School PK - 05 524 15.9 60013
Eastview Elementary School KG - 05 465 14.1 60102
Glacier Ridge Elementary School PK - 05 618 12.4 60014
Husmann Elementary School KG - 05 567 16.1 60014
Indian Prairie Elementary School KG - 05 556 14.3 60014
Kenneth E Neubert Elementary School KG - 05 392 12.5 60102
Lake in the Hills Elementary School KG - 05 524 18.5 60156
Lincoln Prairie Elementary School KG - 05 496 16.2 60156
Mackeben Elementary School KG - 02 517 16.2 60102
Martin Elementary School 03 - 05 1,218 16.8 60156
North Elementary School KG - 05 639 14.3 60014
Prairie Grove Elementary School PK - 05 476 11.7 60014
South Elementary School PK - 05 428 13.6 60014
Three Oaks School PK - 05 588 14.9 60013
West Elementary School KG - 05 553 15.2 60014
Westfield Community School KG - 08 1,382 16.8 60102
Woods Creek Elementary School KG - 05 573 13.9 60014

Middle Schools near Lakewood, IL

School Grades Students P/T Ratio ZIP
Algonquin Middle School 06 - 08 488 12.9 60102
Cary Junior High School 06 - 08 947 16.7 60013
Hannah Beardsley Middle School 06 - 08 1,006 16.6 60014
Heineman Middle School 06 - 08 863 14.9 60102
Lundahl Middle School 06 - 08 847 16.5 60014
Marlowe Middle School 06 - 08 1,423 15.8 60156
Prairie Grove Junior High School 06 - 08 309 12.2 60014
Richard F Bernotas Middle School 06 - 08 951 15.5 60014

High Schools near Lakewood, IL

School Grades Students P/T Ratio ZIP
Cary-Grove Community High School 09 - 12 1,803 17.2 60013
Crystal Lake Central High School 09 - 12 1,535 17.1 60014
Crystal Lake South High School 09 - 12 1,759 17.9 60014
Harry D Jacobs High School 09 - 12 2,188 17.1 60102
Prairie Ridge High School 09 - 12 1,501 17.8 60012

Demographics near Lakewood, IL

Metric City County
Neighborhood Type Small Town
Population 4,489 310,749
Population Density 952 515
Median Age 40.7 40.4
People per Household 3 2.7
Median Household Income 156,477 93,801
Average Income per Capita 65,244 43,047