Lakewood IL Commercial for Sale

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Lakewood Real Estate

The median home value in Lakewood, IL is $375,300. This is higher than the county median home value of $86,900. The national median home value is $219,700. The average price of homes sold in Lakewood, IL is $375,300. Approximately 91.37% of Lakewood homes are owned, compared to 5.17% rented, while 3.47% 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 62438 has a population of 3,741. Lakewood 62438 is more family-centric than the surrounding county with 41.67% of the households containing married families with children. The county average for households married with children is 28.25%.

The median household income in Lakewood, Illinois 62438 is $138,571. The median household income for the surrounding county is $49,807 compared to the national median of $57,652. The median age of people living in Lakewood 62438 is 44.3 years.

Lakewood Weather

The average high temperature in July is 82.5 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 36.6 inches per year, with 34.6 inches of snow per year.

Lakewood Real Estate Market Conditions

  • Median sales price

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  • # Active listings

    1
    30-day change

Lakewood Schools and Demographics

Education near Lakewood, IL

Metric City County
High School Graduates 97.45 92.14
College Degree - 2 year 3.38 10.41
College Degree - 4 year 65.07 15.97
Graduate Degree 20.62 4.15
Expenditures per Student 11,945 10,209
Students per Teacher 14.8 13.5

Elementary Schools near Lakewood, IL

School Grades Students P/T Ratio ZIP
Cowden-Herrick Grade School KG - 05 180 12.8 62422
Main Street Elementary School 01 - 03 319 13.2 62565
Shelbyville Kindergarten Center KG - KG 85 17 62565

Middle Schools near Lakewood, IL

School Grades Students P/T Ratio ZIP
Jefferson Middle School 05 - 06 200 15.8 62571
Moulton Elementary School 04 - 08 433 12.8 62565

High Schools near Lakewood, IL

School Grades Students P/T Ratio ZIP
Cowden-Herrick High School 06 - 12 218 13.7 62422
Shelbyville High School 09 - 12 376 15.1 62565

Ungraded Schools near Lakewood, IL

School Grades Students P/T Ratio ZIP
Shelbyville Bridges 06 - 12 15 5.3 62565

Demographics near Lakewood, IL 62438

Metric Zip Code City
Neighborhood Type Small Town
Population 3,741 21,906
Population Density 793 29
Median Age 44.3 44.6
People per Household 3 2.4
Median Household Income 138,571 49,807
Average Income per Capita 57,918 24,808