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Regency Home for Sale

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    $55,000

    • Land
    • 0.99 Acre
    • $55,556 per Acre

    40621 N Terry Ln, Antioch, IL 60002

    Opportunity knocks for building the home of your dreams on this generous corner lot of a cul-de-sac located in the established Trinity Terrace neighborhood. Quiet location! Just shy of an acre, makes this full of opportunity. Utilities already to the site. Well & septic (mound system) will be required. Owner happy to share documentation and reports to potential buyer parties.

    Nano Engdahl Baird & Warner

    40621 N Terry Ln, Antioch, IL 60002

Why Live in Regency

The Regency neighborhood in Lake Villa is situated near Loon Lake, surrounded by lush greenery and colorful foliage. This area is characterized by its numerous small lakes, making it a prime location for fishing and boating enthusiasts. The Antioch Metra Station provides rail access to Milwaukee, Kenosha, and Joliet, although residents primarily rely on cars due to limited public transportation options. The neighborhood's main attractions include Loon Lake and East Loon Lake, which feature boat docks and beaches, and the Northern Illinois Conservation Club, which offers educational programs for outdoor activities. Sun Lake Forest Preserve provides additional outdoor recreation with trails, wildlife, and a walking bridge over Sequoit Creek. Homes in Regency range from $100,000 to $400,000, featuring Tudor and Split-Level styles, often with driveways or garages. The streets are wide enough for walking despite the absence of sidewalks. Educational opportunities are strong, with Emmons School and Lakes Community High School both receiving high ratings. Emmons School offers various clubs, while Lakes Community High School provides a range of after-school activities and sports. Local dining options include Lake Villa Restaurant for breakfast and brunch, Sammie's for lunch and dinner, and Looney's Pub for drinks and pub food. For groceries, residents travel a few miles north to Antioch to shop at Jewel-Osco or Piggly Wiggly. The Great Lakes Antique Boutique offers unique antiques and local art. Overall, Regency combines natural beauty with practical amenities, making it a well-rounded community.

Frequently Asked Questions

Is Regency a good place to live?
Regency is a good place to live. Regency is considered very car-dependent and somewhat bikeable. Regency is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Regency has 6 parks for recreational activities. It is sparse in population with 0.9 people per acre and a median age of 50. The average household income is $131,246 which is above the national average. College graduates make up 44.6% of residents. A majority of residents in Regency are home owners, with 14% of residents renting and 86% of residents owning their home. A local real estate agent serving Regency can help you decide if this neighborhood is the right one for you. Learn more on our Regency neighborhood guide.
Is Regency, IL a safe neighborhood?
Regency, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Regency?
The median home price in Regency is $299,000. If you put a 20% down payment of $59,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,550 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in Regency. The average household income in Regency is $131K.
What are the best public schools in Regency?
The best public schools that serve Regency are:
What are the most popular zip codes in Regency, Lake Villa, IL?
The most popular zip codes in Regency, Lake Villa, IL include 60002, 60046, 53104, 53179 and 53168.
What are the most popular neighborhoods near Regency, Lake Villa, IL?
The most popular neighborhoods near Regency, Lake Villa, IL are Heron Harbor, Antioch Golf Club, Petite Lake, Tiffany Farms and Newport Cove.

Home Trends in Regency, IL

Housing Trends

Median Sale Price
$275,000
Median Single Family Sale Price
$275,000
Average Price Per Sq Ft
$217
Last 12 months Home Sales
5
Median List Price
$299,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
87%
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