Lanark IL Commercial for Sale

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Lanark Real Estate

The median home value in Lanark, IL is $317,500. This is higher than the county median home value of $114,700. The national median home value is $338,100. The average price of homes sold in Lanark, IL is $317,500. Approximately 66.86% of Lanark homes are owned, compared to 20.17% rented, while 12.98% are vacant. Lanark 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 Lanark real estate agent to arrange a tour today!

Lanark, Illinois has a population of 1,571. Lanark is more family-centric than the surrounding county with 28.03% of the households containing married families with children. The county average for households married with children is 23.24%.

The median household income in Lanark, Illinois is $62,083. The median household income for the surrounding county is $54,959 compared to the national median of $69,021. The median age of people living in Lanark is 43.4 years.

Lanark Weather

The average high temperature in July is 84.2 degrees, with an average low temperature in January of 11.8 degrees. The average rainfall is approximately 38.5 inches per year, with 31.1 inches of snow per year.

Lanark Real Estate Market Conditions

  • Median sales price

    $317,500
    14.1% change since last quarter
  • # Active listings

    8
    30-day change

Lanark Schools and Demographics

Education near Lanark, IL

Metric City County
High School Graduates 94.46 87.92
College Degree - 2 year 16.34 8.16
College Degree - 4 year 13.39 19.86
Graduate Degree 3.05 4.33
Expenditures per Student 19,311 19,311
Students per Teacher 13 13

Elementary Schools near Lanark, IL

School Grades Students P/T Ratio ZIP
Eastland Elementary School PK - 06 340 16.2 61078
Milledgeville Elementary School PK - 03 162 15.7 61051

Middle Schools near Lanark, IL

School Grades Students P/T Ratio ZIP
Chadwick Elementary School 04 - 05 66 12.7 61014
Chadwick Junior High School 06 - 08 129 16.1 61014
West Carroll Intermediate School PK - PK 93 93 61053
West Carroll Middle School 05 - 08 325 16.5 61053

High Schools near Lanark, IL

School Grades Students P/T Ratio ZIP
Eastland Junior/Senior High School 07 - 12 291 12.6 61046
Milledgeville High School 09 - 12 169 11.7 61051

Demographics near Lanark, IL

Metric City County
Neighborhood Type Small Town
Population 1,571 15,586
Population Density 1,396 35
Median Age 43.4 47.3
People per Household 2.5 2.3
Median Household Income 62,083 54,959
Average Income per Capita 29,840 28,567