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Lake of the Woods

Lake of the Woods

Neighborhood in Mahomet, Illinois

Champaign County 61853

$278,526 Average Value
$159 Average Price per Sq Ft

Northwest of Champaign

About 10 miles northwest of downtown Champaign in the suburb of Mahomet, the Lake of the Woods neighborhood shares its name with a large forest preserve. “In this neighborhood, you could have commuters going into Champaign, or even Bloomington, about a half an hour west,” says Tim Drollinger, a Realtor with RE/MAX Realty Associates with over 30 years of experience. People in the neighborhood may be able to hear an hourly serenade of bells from one of the attractions at the park.

Located in Mahomet Lake of the Woods has beautiful homes in their quaint neighborhoods.
Located in Mahomet Lake of the Woods has beautiful homes in their quaint neighborhoods.
A beautiful butterfly at the Mabery Gelvin Botanical Gardens in Mahomet, IL.
A beautiful butterfly at the Mabery Gelvin Botanical Gardens in Mahomet, IL.
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Lake of the Woods Forest Preserve

It’s hard to ignore the large neighbor in this area. The Lake of the Woods Forest Preserve spans 900 acres and has an 18-hole golf course and a large lake for boating—either by a personal craft or one available for rent. Pedal boats are available for rent on the weekends from Memorial Day through Labor Day. A famous attraction is the six-story HI-Tower carillon, which chimes hourly between 9 a.m. and 5 p.m., and a short tune is played on the bells in the tower 15 minutes before and after the hour. Other attractions include over 3 miles of paved walking and biking trails through the preserve, including over the Sangamon River via a covered bridge. The Museum of the Grand Prairie is on the west side of the preserve with three permanent exhibits that depict what life was like in the prairies of this area in the 19th and early 20th centuries.

Museum of the Grand Prairie is located near the Lake of the Woods area.
Museum of the Grand Prairie is located near the Lake of the Woods area.
The Lake of the Woods Preserve has a beautiful lake for the community to enjoy.
The Lake of the Woods Preserve has a beautiful lake for the community to enjoy.
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In the 1960s, houses started to be built near Lake of the Woods

Along Lake of the Woods Road, there are older brick ranch-style houses built in the 1960s and early 1970s, mainly with brick ranch-style houses. As more houses were built away from the golf course and the forest preserve, larger Cape Cod and farmhouses were built in the ‘80s and ‘90s, some on a half-acre. Prices range from $200,000 to $400,000. The Candlewood Estates subdivision has manufactured houses with three bedrooms and nearly 1,500 square feet. The prices range from $15,000 to $60,000.

One of the many charming  houses located in the quiet Lake of the Woods area.
One of the many charming houses located in the quiet Lake of the Woods area.
There are a great number of charming houses throughout the Lake of the Woods area.
There are a great number of charming houses throughout the Lake of the Woods area.
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Mahomet schools earn A ratings from Niche

Getting an A-plus on Niche for the quality of teachers, Middletown Prairie Elementary School has prekindergarten through second-grade classes. The school receives an A-minus overall. Lincoln Trail Elementary serves grades three through five and has an A-minus overall Niche grade. Mahomet-Seymour Junior High School has an 18-to-1 student-teacher ratio and an A-minus overall rating. Mahomet-Seymour High School has an A overall grade on Niche. The Bulldog TV channel is student-run and is on YouTube. It broadcasts athletics and other major school events live whenever possible.

Middletown Praire Ellementary 1
Middletown Praire Ellementary 1
Mahomet-Seymour HS is a public school located near the Lake of the Park area.
Mahomet-Seymour HS is a public school located near the Lake of the Park area.
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Mahomet pizza place

Owner Filippo Paris was born and raised in Mahomet and runs Filippo’s of Mahomet, a family-owned pizza and Italian-based restaurant. It’s been in the area for over 30 years and is a local favorite, serving pizza, sandwiches and Italian entrees. It’ll Do Bar is a small-town pub that serves food and drinks and is open until 1 a.m. on weekends. There are many TVs where sporting events are usually on, and Wednesday nights are Karaoke nights. Schnucks is a popular Champaign-area grocery store with a location in Mahomet.

Filippo's Pizza in Lake of the Woods has great pizza and other delicious Italian cuisine.
Filippo's Pizza in Lake of the Woods has great pizza and other delicious Italian cuisine.
It'll Do Bar and Grill near Lake of the Woods has delicious food and great beer and cocktails.
It'll Do Bar and Grill near Lake of the Woods has delicious food and great beer and cocktails.
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Close to Interstate 74

Living in the Lake of the Woods neighborhood means access to acres of recreation and the ability to get anywhere in the Champaign area via Interstate 74. Heading east into Champaign on I-74, you can get to athletic events or other activities at the University of Illinois in about 20 minutes.

Residents of Lake of the Woods have access to the I-74 expressway to go to many destinations.
Residents of Lake of the Woods have access to the I-74 expressway to go to many destinations.
Lake of the Woods is roughly 20 minutes away from attending various U of I activities.
Lake of the Woods is roughly 20 minutes away from attending various U of I activities.
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Jeff Stapleton
Written By
Jeff Stapleton
Joseph Davis
Photography Contributed By
Joseph Davis
Wengel Abiy
Video By
Wengel Abiy

Agents Specializing in this Area

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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 Jeff and Laura Finke, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

University of Illinois/Willard

30 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Lake of the Woods US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 1 4
Burglary 2 4
Motor Vehicle Theft 2 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$290,000
Median Single Family Price
$290,000
Average Price Per Sq Ft
$159
Last 12 months Home Sales
12
Median List Price
$297,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
13%

Home Facts

Number of Homes in Neighborhood
457
Median Year Built
1985
Avg. Single Family Home Size Sq Ft
1,935
On par with the national average
1,936
Average Townhouse Size Sq Ft
1,626
Average 2 Bedroom Size Sq Ft
1,332
Median Lot Size Sq Ft
62,073

Open Houses

  • Sunday, May 4
    2 - 4pm

    52 Piatt St, Mahomet, IL 61853

    $25,000

    • 2 Beds
    • 2 Baths
    • 52 Piatt St
    • New 20 days ago

    Welcome to your newly remodeled oasis! This charming 2-bedroom, 2-bathroom mobile home is all set for you to move in and make it your own. Everything from the exterior to the interior has been completely upgraded-think fresh siding and sleek side skirts that give it that eye-catching appeal right from the get-go. Inside, it's a breath of fresh air! The renovation went down to the studs, so you

    Shannon Collins Green Street Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Jeff and Laura Finke, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
2,463
Median Age
39
Population under 18
27.8%
On par with the national average
23.8%
Population over 65
17.2%
On par with the national average
19.1%

Finances

Median Household Income
$77,315
Above the national average
$71,702
Average Household Income
$90,684

Education and Workforce

High School Graduates
99%
Above the national average
89.1%
College Graduates
33.5%
Advanced Degrees
9.2%
% Population in Labor Force
75.8%
Above the national average
65.1%

Weather

Annual Precipitation
40''
Average Winter Low Temperature
18°F
Average Summer High Temperature
85°F
Annual Snowfall
6''

Area Factors

Somewhat Bikeable

Bike Score®

33 / 100

Car-Dependent

Walk Score®

4 / 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.

Reviews

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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
Lake of the Woods