$326,358Average Value$206Average Price per Sq Ft11Homes For Sale
Suburban living in northern Illinois
Tree-lined streets and pond views welcome residents to Lakewood Falls, a southwestern Chicago suburb. The neighborhood has 14 ponds and residents are accustomed to waterfront living and a thriving outdoor scene. Known for its tranquil suburban environment and a highly-rated school district, neighbors enjoy respite from downtown Chicago just 30 miles away. “Lakewood Falls features affordable starter homes with large yards, attracting young families and professionals into the area,” says long-time local Kayla Rembert, Realtor with Rembert Blount Property Group at Keller Williams Infinity. The Lakewood Falls Neighborhood Association maintains amenities like erosion control, grass mowing and street re-pavement. This organization is very active and hosts traditions like the annual Lakewood Falls Firework Show, which plays a role in the neighborhood-feel of the community. With a prime location and a community-oriented atmosphere, Lakewood Falls sets the bar high for suburbs on the outskirts of Chicago.
Homes in Lakewood Falls attract young families and Chicago commuters.
Lakewood Falls features a large range of housing options with a small-town feel.
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New Traditionals and multi-family duplexes
The real estate market in Lakewood Falls is competitive for its housing option variety and entry-level pricing. Most homes were constructed in the late 1990s, resulting in rambler, Colonial Revival and New Traditional designs. While the area is primarily made up of single family homes, multi-family duplexes are also available. “Residents own their land when buying a duplex here, and it comes with a private backyard, which doesn’t often happen with multi-family housing,” says Francine Caliendo, Broker with RE/MAX of Naperville. With a median sales price of $300,000, homes here are priced $70,000 less than the average property in the Chicago Metro Area. For example, single-family homes range from as low as $250,000 for a two-bedroom rambler to upwards of $800,000 for a five-bedroom newly constructed New Traditional. Multi-family options range from $150,000 to upwards of $300,000 for updated amenities. Homes with pond-front views are subject to increased price points. Residences often feature mid-sized lawns, attached garages and fenced backyards for added seclusion from neighbors. Tree-lined streets branch off into cul-de-sacs with paved sidewalks on both sides for increased navigation throughout the community.
Lakewood Falls features pampered lawns with neatly trimmed hedges.
Homes in Lakewood Falls average between 2,400 to 3,500 square feet.
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Fishing and wildlife viewing at Lake Renwick Preserve
Lakewood Falls Community Park is within steps of many homes. It has a large open green space and an updated playground for children to enjoy. Bruce Ponti Memorial Park acts as the primary gathering space in the neighborhood. It has paved walking paths and benches around the pond, where sightings of geese, ducks and frogs are common. The annual Fourth of July celebration is also hosted here. Hockey players can visit Canlan Sports, which offers three NHL-sized ice rinks, a sports shop and a concession stand. Visitors can free-skate or enroll in their hockey and skating programs. Birdwatching is expected at Lake Renwick Preserve, which provides wildlife viewing and fishing opportunities at Turtle Lake Access. Cyclists can also hop on the Lake Renwick Bikeway from here and bike the 3-mile paved trail.
Feel like a kid again at Lakewood Falls Community Park.
Flowers dot the Lakewood neighborhood in its many parks and green spaces.
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Fourth of July fireworks at Bruce Ponti Park
Every year, neighbors gather at Bruce Ponti Park for the annual Lakewood Falls Firework Show, hosted by the Lakewood Falls Association. The event begins at 6:00 p.m. with music and games and concludes with fireworks around 9:00 p.m. Visitors are encouraged to bring picnic blankets, as seating is limited. It’s highly anticipated and is known as one of the best fireworks displays in the area.
Shopping at Louis Joliet Mall
Residents can shop at Louis Joliet Mall, which offers a variety of retailers, like Macy’s, JCPenney and Foot Locker. While groceries and everyday essentials are available at stores, like Wal-Mart, Jewel-Osco and Aldi nearby. Dining options include Niko’s Breakfast Club, which has a relaxed dining experience and a classic brunch menu with hearty portions. Burritos Mi Tierra serves traditional Mexican fare and slow-cooked pork tacos. Sushi Train Japanese Restaurant prepares authentic Japanese cuisine and offers a variety of sushi options, like their signature Godzilla roll.
Residents can shop at Louis Joliet Mall, which offers stores, like Macy’s and JCPenney.
The Louis Joliet Mall features big-chain stores such as Macy's.
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High-marks at Plainfield Public Schools
Families in Lakewood Falls are zoned for Plainfield School District No. 202. Students may attend schools, like Lakewood Falls Elementary, Indian Trail Middle, and Plainfield East High School, which have earned ratings of B, B-plus and A from the educational review site, Niche. Lakewood Falls Elementary School offers before- and after-school care in partnership with the local YMCA through its KidZone program. Indian Trail Middle School serves over 600 students and boasts a student-teacher ratio of 15:1. Plainfield East High School offers a rigorous curriculum with 20 AP courses with the opportunity to earn college credit. Private options like Little Explorers Christian Montessori School are also available.
Lakewood Falls Elementary School is a well rated public school in Plainfield, IL.
Indian Trail Middle School keeps the school spirit alive with their mascot, Willie the Wildcat.
Plainfield East High School is a highly rated public school in Plainfield, IL.
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Daily commutes on I-55 and nearby Metra access
Lakewood Falls residents are primarily car-dependent and rely on U.S. Interstate 55 and West Taylor Road for easy access to Bolingbrook and neighboring areas like Weslake and Carillon. Those seeking public transportation can take the train from the Romeoville Metra Station just 6 miles away. When traveling further outside the area, the Chicago Bolingbrook International Airport is 6 miles from the neighborhood. For healthcare, the UChicago Medicine AdventHealth Bolingbrook is 7 miles from the community.
Lakewood Falls, a suburb of Chicago, features immediate access to U.S. Interstate 55.
Residents of Lakewood Falls can take the Romeoville Metra and be downtown Chicago in 30-minutes.
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Crime
Lakewood Falls’ CAP Index crime score is 2 out of 10, lower than the national average of 4.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Jennifer Viano,
an experienced agent in this neighborhood.
Parks in this Area
Volunteer Park
Century Park
Weslake Park
Bruce Ponti Park
Lake
Picnic Area
Trails
Independence Park
Picnic Area
Trails
Playground
Rotary Park
Trails
Playground
Multi-Purpose Field
Budler Park
Playground
Multi-Purpose Field
Boucher Prairie Park
Baseball/Softball
Basketball
Picnic Area
Lakewood Falls Community Park
Transit
Airport
Chicago Midway International
37 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
Lakewood Falls
US
Homicide
2
4
Sexual Assault
2
4
Assault with Weapon
2
4
Robbery
2
4
Burglary
1
4
Motor Vehicle Theft
2
4
Larceny
2
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Lakewood Falls, Bolingbrook sell after 15 days on the market compared to the national average of 47 days. The average sale price for homes in Lakewood Falls, Bolingbrook over the last 12 months is $315,277, up 7% from the average home sale price over the previous 12 months.
Look no further than this 2 story townhouse, in desirable Lakewood Falls! Inside you will find new floors throughout, neutral decor & fresh coat of paint in most rooms with clean, elegant look. Cozy living room great for spending time with family & friends. Kitchen offers SS appliances. Picture-perfect powder room. Washer & dryer on the 1nd floor laundry/hvac room. 2nd floor features spacious
Simple Elegance in a Beautifully Updated Home. Step into simple elegance in this beautifully updated home, where thoughtful upgrades blend style and comfort. Rich laminate flooring (2013) graces the main level, while brand-new carpeting (2025) adds warmth throughout the upstairs. Crown molding (2014) adds a touch of sophistication, complemented by practical improvements including a new furnace
Great updated and recently painted 3bed rooms/2.5 baths with new grey vinyl plank floors throughout has pool, deck, pergola, fire pit, & screened in gazebo ready for you to move right in & enjoy! Beautiful new vinyl flooring flows throughout the first & second floors making the whole home easy to clean! Kitchen eat-in area opens to family room with fireplace and wall of windows overlooking
Welcome to this charming 2-bedroom ranch-style duplex situated on a cul-de-sac in the desirable Lakewood Falls community of Romeoville! Step inside to an inviting open-concept floor plan where the spacious living room features vaulted ceilings and an abundance of natural light, seamlessly flowing into a cozy dining area-perfect for entertaining or relaxing. The well-appointed kitchen boasts ample
Sarah LeonardLegacy Properties, A Sarah Leonard Company, LLC
Beautifully updated Duplex in the highly sought-after Lakewood Falls subdivision! Home offers a spacious Living room and Family room that opens up into a large Eat-in kitchen. 3 Generously sized Bedrooms and 2.5 Bathrooms. Large Master Bedroom with an in Suite-Bathroom and Large walk-in Closet. Newer Mechanicals, Fireplace, 2nd FL Laundry, 1 Car Garage w/ Long Driveway. Step outside onto the
Sure! Here's a reworked version of that statement in a natural, client-friendly tone: --- Now available for rent - a charming end-unit townhouse that's ready to welcome you home! This spacious property features two large bedrooms, two and a half bathrooms, and a one-car attached garage. The primary suite includes its own full bath and a generous walk-in closet. Upstairs, you'll find a
This property is professionally managed by AMH Living, a leading single-family rental company. We expect to make this property available for showings soon. We work to simplify your rental experience by offering self-guided tours and a streamlined leasing process you can complete all online, all on your own schedule. Once moved in, we provide maintenance support that you can rely on, so you can
This 2 story, 3 bedroom, 2.5 bath and 1st floor Den townhouse is move in ready and in a desirable location! It is located close to interstate access, shopping, desirable Plainfield schools, and much more. All appliances included! Bedroom carpet (Newer 2025), laminate flooring (2017) and entire interior of home repainted in 2025. Windows replaced, HVAC & Washer & Dryer (2024), Bathroom floors and
Interested in learning more about homes in this area?
Reach out to
Jennifer Viano,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
10,881
Median Age
36
Population Density
13 ppl/acre
Population under 18
26.9%
On par with the national average
23.8%
Population over 65
10.6%
Below the national average
19.1%
Finances
Median Household Income
$90,096
Above the national average
$71,702
Average Household Income
$100,866
Education and Workforce
High School Graduates
93%
College Graduates
29.1%
Below the national average
34.1%
Advanced Degrees
6.7%
Below the national average
13.3%
% Population in Labor Force
69.6%
Weather
Annual Precipitation
40''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
13''
Area Factors
Somewhat Bikeable
Bike Score®
30/ 100
Car-Dependent
Walk Score®
19/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
