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Knollwood

Knollwood

Suburban Neighborhood in Lake Bluff, Illinois

Lake County 60044

$485,565 Average Value
$246 Average Price per Sq Ft
3 Homes For Sale

A quiet Lake Bluff suburb

Just three miles from Lake Michigan’s western shore is the small Lake Bluff community of Knollwood. Home to fewer than 2,000 residents, this neighborhood is quiet and tucked away, with many homes sitting on lots shaded by mature trees and adorned with foliage and flower gardens. Rockland and Waukegan roads can take residents to shopping centers in five minutes while thousands of acres of nature preserves are a short drive west of the neighborhood.

Knollwood is a lovely neighborhood lined with mature trees.
Knollwood is a lovely neighborhood lined with mature trees.
Knollwood is an unincorporated community with a population of about 2,000 people.
Knollwood is an unincorporated community with a population of about 2,000 people.
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Private lots and above-average price tags

Privacy is one of Knollwood’s key perks, with lush greenery and half-acre lots providing a divide between homes that isn’t as common in nearby communities like North Chicago. The average house here goes for $520,000, which is double the average Illinois listing price and around $100,000 over the national average. Offerings range from $120,000 1,000 square-foot fixer-uppers in need of major TLC to $750,000 recently renovated craftsman-style homes with five bedrooms and over 3,200 square feet. Additionally, most houses in the area were built between the 1950s and 1970s.

The average list price for a home in Knollwood is $454,616, and you’ll find a variety of homes.
The average list price for a home in Knollwood is $454,616, and you’ll find a variety of homes.
There are many ranch style homes in Knollwood, IL.
There are many ranch style homes in Knollwood, IL.
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Top-notch public schools

Each public school serving the families of Knollwood earns an impressive overall Niche grade of A or higher. Lake Bluff Elementary School is a mile east of the neighborhood and has a student-to-teacher ratio of 12-1. Lake Bluff Middle School has a wide selection of fine arts course offerings, including acting, improvisation, film arts and guitar. Lake Forest High School boasts an A-plus rating and is the 21st best public high school in Illinois, according to Niche.

Lake Bluff Middle School is located close to Knollwood.
Lake Bluff Middle School is located close to Knollwood.
Lake Bluff Elementary School is a public school located near Knollwood.
Lake Bluff Elementary School is a public school located near Knollwood.
Lake Forest High School is beautifully situated near Lake Michigan close to Knollwood.
Lake Forest High School is beautifully situated near Lake Michigan close to Knollwood.
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Accessible greenery and golf courses

Parents take their little ones to the playgrounds at West School, Sanctuary and Knollwood parks, which also provide sports facilities to residents, including baseball diamonds, basketball courts and soccer fields. Knollwood Club is one of Illinois' premier private country clubs. Beyond the 18-hole golf course, practice facility, swimming pool, and grill, members enjoy a full calendar of dining, recreation and social events. Driving 3 miles east on Rockland Road takes residents to Lake Bluff Beach, where visitors can be found using the playground, picnicking, playing sand volleyball and, in the summer months, taking a refreshing dip in the country’s third-largest lake. Driving west of Knollwood can take nature seekers to Wilmot Woods, Independence Grove, and Old School forest preserves, where folks can be found hiking along dozens of miles of wooded trails.

Bring your clubs to the golf course at Lake Bluff Park near the Knollwood neighborhood.
Bring your clubs to the golf course at Lake Bluff Park near the Knollwood neighborhood.
Lake Bluff Golf Club near Knollwood is an 18 hole course with a practice driving range.
Lake Bluff Golf Club near Knollwood is an 18 hole course with a practice driving range.
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Local bites and nearby shopping hubs

Knollwood residents don’t need to travel far to stock up on groceries and household essentials, with Heinen’s Grocery Store and Target both located less than a mile away. Locals can drive 7 miles northeast to downtown Waukegan or 4 miles southeast to Lake Forest for a large selection of shops and eateries. There are a handful of popular spots closer to home like Luke’s of Lake Bluff, where patrons indulge in menu items like skirt steak sandwiches, Italian sausages and char-broiled chicken sandwiches.

The Silo restaurant in Knollwood is a staple to the community.
The Silo restaurant in Knollwood is a staple to the community.
The Chicago style pizza at The Silo in Knollwood is delicious.
The Chicago style pizza at The Silo in Knollwood is delicious.
Poke Bros in Knollwood serves fresh poke bowls perfect for a quick lunch.
Poke Bros in Knollwood serves fresh poke bowls perfect for a quick lunch.
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Below-average crime rates

The CAP index crime and safety score in Knollwood is 2 out of 10, making it significantly safer than the country’s average neighborhood, which earns a 4 out of 10.

Traveling to Chicago

Residents are a 35-mile drive from downtown Chicago, with Interstate 94 accessible by driving south on Highway 41. Folks are also a 10-minute drive from the Lake Forest Metra station where they can take the hour-long ride to the Ogilvie Transportation Center.

Interstate 94 is a great option to get to the city from Knollwood.
Interstate 94 is a great option to get to the city from Knollwood.
Residents of Knollwood can commute via the Metra train at Lake Bluff station.
Residents of Knollwood can commute via the Metra train at Lake Bluff station.
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Jillian Pillow
Written By
Jillian Pillow
Chris Jeong
Photography Contributed By
Chris Jeong
Celeste Thoms
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Celeste Thoms

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Schools

Source:
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 Gina Shad, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago O'Hare International

35 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Knollwood US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$565,000
Median Single Family Price
$537,500
Average Price Per Sq Ft
$246
Number of Homes for Sale
3
Last 12 months Home Sales
19
Months of Supply
1.90
Median List Price
$565,000
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
36%

Home Facts

Number of Homes in Neighborhood
381
Median Year Built
1974
Avg. Single Family Home Size Sq Ft
1,881
On par with the national average
1,935
Average Townhouse Size Sq Ft
1,255
Average 2 Bedroom Size Sq Ft
922
Median Lot Size Sq Ft
15,681

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Gina Shad, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,957
Median Age
41
Population Density
2 ppl/acre
Population under 18
24%
On par with the national average
23.8%
Population over 65
21.4%
On par with the national average
19.1%

Finances

Median Household Income
$110,505
Significantly above the national average
$71,702
Average Household Income
$126,173

Education and Workforce

High School Graduates
95.1%
College Graduates
49.6%
Above the national average
34.1%
Advanced Degrees
22%
Above the national average
13.3%
% Population in Labor Force
61.9%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
16°F
Average Summer High Temperature
81°F
Annual Snowfall
30''

Area Factors

Bikeable

Bike Score®

57 / 100

Somewhat Walkable

Walk Score®

54 / 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.

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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.
NEIGHBORHOOD
Knollwood