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Twin Lakes

Twin Lakes

Suburban Neighborhood in Palatine, Illinois

Cook County 60074

$283,682 Average Value
$208 Average Price per Sq Ft
5 Homes For Sale

Nature and premier golf outside of Chicago

Named after two lakes that anchor a top Chicagoland executive golf course—Lake Irene and Lake Doughnut—residents from all over Palatine come to Twin Lakes. “You can rent paddleboats and spend the day on the lake,” says Galya Georgieva, an agent with Coldwell Banker Realty, who has over 10 years of selling experience in the area. “It’s a really great place to spend the day.” Less than a 40-minute drive to Downtown Chicago, Twin Lakes offers homeowners plenty of outdoor recreation opportunities and a small-town lifestyle within reach of the big city.

Condos next to twin lakes

Those looking to move to Twin Lakes can choose between housing options in condominium complexes, townhouses and single-family homes. Ranches and split-levels with brick or vinyl siding constitute many of the single-family homes on the north side of the neighborhood, costing around $400,000. In the south of the neighborhood, condominium complexes offer families two-bedroom units that sell for around $200,000. Many are part of the Willow Creek subdivision. “It has a well-run association with lots of amenities, like a pool and a clubhouse,” says Dina Wasmund, an agent with Starck Real Estate of Berkshire Hathaway HomeServices. Among other perks, the Willow Creek Condo Association provides its residents with a lock-and-leave lifestyle.

Twin Lakes is the perfect neighborhood for new families.
Twin Lakes is the perfect neighborhood for new families.
Homes in Twin Lakes come in multiple shapes and sizes.
Homes in Twin Lakes come in multiple shapes and sizes.
Homes in Twin Lakes sit on well-maintained lawns.
Homes in Twin Lakes sit on well-maintained lawns.
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Winston Campus Elementary's bilingual immersion program

Children can attend Winston Campus Elementary and Winston Campus Junior High schools, which receive an A-minus and a B-minus from Niche, respectively. Winston Campus Elementary School, serving prekindergarten through sixth grade, is one of three district elementary schools that hosts a two-way language immersion program. Participating students are taught literacy and curriculum in both English and Spanish. After leaving Winston Campus, students can graduate to Palatine High School for ninth through 12th grades, which receives an A from Niche and a Blue Ribbon Award from the United States Department of Education for academic excellence.

A top Chicagoland executive golf course

Central to the community is the Twin Lakes Golf Course and Recreation Area. The golf course, and the surrounding neighborhood, named after two adjacent lakes—Lake Irene and Lake Doughnut, which features a small, circular island in the center. Though it’s considered one of the three best executive golf courses in the Chicago area, Twin Lakes Golf Course and Recreation Area offers more than nine holes. Part of the Salt Creek Rural Park District, visitors can enjoy the two lakes by boat. Fishing and even ice fishing passes are available for a low fee, and the park district authority rents out paddleboards and kayaks to visitors, keeping the lakes calm and safe by restricting motorboats. The park also features a gazebo for warm-weather picnics, a volleyball court and a playground for younger children. Residents who prefer to shoot hoops or play tennis and pickleball can head to Grealish Park, enclosed by a semi-circle of single-family homes.

Schedule a tee time at the Twin Lakes golf course.
Schedule a tee time at the Twin Lakes golf course.
Twin Lakes derives its name from the relationship of Doughnut Lake and Lake Irene.
Twin Lakes derives its name from the relationship of Doughnut Lake and Lake Irene.
Shoot some hoops at Grealish Park in Twin Lakes.
Shoot some hoops at Grealish Park in Twin Lakes.
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Twin Lakes prides itself on its clean and quiet residential streets.
Twin Lakes prides itself on its clean and quiet residential streets.

Twin Lakes is convenient for drivers and pedestrians

With Twin Lakes’ location next to Route 53 and directly south of Palatine Road, commuting around Palatine and surrounding areas—or even to Chicago—is convenient. Residents who prefer to avoid the hassle of having a car in the city can take the Metra commuter rail system from the Downtown Palatine or Arlington Park stations. While most residents rely on a car to get around Twin Lakes, the neighborhood also features well-paved sidewalks for pedestrians.

Best Chicago-style pizza in Palatine

Residents have the luxury of taking Palatine Road to the many restaurants and bars in neighboring downtown. When they are looking for a warm meal a little closer to home, Napoli Pizza is a Twin Lakes staple. Serving the neighborhood with Chicago-style, deep-dish pizza since 1967, the restaurant was voted #1 Authentic Italian Food in Palatine, Illinois. From chicken cacciatore to 14 different types of pasta, Napoli Pizza serves all the Italian basics. Residents grocery-shop at Jewel-Osco, Mariano’s or other chain grocers, all under a 10-minute drive away.

Street Fest: all the best of Downtown

Residents can drive to Downtown Palatine to attend the city’s Street Fest in late summer. The weekend-long event features music, local eateries, outdoor games, a farmer’s market and other entertainment for kids and adults alike.

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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 Steven Goodman, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago O'Hare International

26 min drive

Crime and Safety

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

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$238,500
Median Single Family Price
$440,000
Median Townhouse Price
$275,000
Median 2 Bedroom Price
$242,000
Median 1 Bedroom Price
$165,000
Average Price Per Sq Ft
$208
Number of Homes for Sale
5
Last 12 months Home Sales
51
Months of Supply
1.20
Median List Price
$246,450
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
11%

Home Facts

Number of Homes in Neighborhood
924
Median Year Built
1979
Avg. Single Family Home Size Sq Ft
2,416
Above the national average
1,935
Average Townhouse Size Sq Ft
1,238
Average 2 Bedroom Size Sq Ft
1,200
Median Lot Size Sq Ft
14,592

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

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

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
2,169
Median Age
57
Population Density
7 ppl/acre
Population under 18
12.1%
Below the national average
23.8%
Population over 65
36.2%
Above the national average
19.1%

Finances

Median Household Income
$59,453
Below the national average
$71,702
Average Household Income
$79,981

Education and Workforce

High School Graduates
92.5%
College Graduates
49.7%
Above the national average
34.1%
Advanced Degrees
17.9%
On par with the national average
13.3%
% Population in Labor Force
69.2%

Weather

Annual Precipitation
32''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
28''

Area Factors

Somewhat Bikeable

Bike Score®

39 / 100

Car-Dependent

Walk Score®

15 / 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.

Nearby Neighborhoods

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
Twin Lakes