$398,341Average Value$198Average Price per Sq Ft9Homes For Sale
Suburban living near serene natural landscapes
Stretching across the towns of Palos Park and Palos Heights, Lake Katherine is a mainly residential community that receives its name from the public botanical garden and nature complex on the neighborhood’s northern edge. Located 25 miles southwest of Chicago, Lake Katherine is renowned for its outdoor recreation opportunities and peaceful atmosphere. “It’s a mature, multigenerational community — people who move away for college often return to raise families since it’s a quiet town with a very good parks system,” says Ken Busse, the Economic and Community Development Director of Palos Heights. With highly rated schools, convenient commuting options and peaceful waterways, Lake Katherine offers relaxed suburban living.
Overall, the Lake Katherine neighborhood is desirable for those who appreciate natural beauty, and a quiet, suburban lifestyle.
Lake Katherine Nature Preserve offers wonderful natural scenes with serene beauty.
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Rustic ranches and Tudor-inspired townhouses
Housing options in Lake Katherine range from townhouses in organized subdivisions and ranches with lush lawns. Most homes maintain a rustic, woodsy character, as 1950s ranches feature dark wooded facades and usually cost around $300,000 to $500,000. Townhouses in the Edelweiss on the Lake were built in the 1980s and maintain Tudor-inspired design with half-timbered facades and pitched roofs. Most units cost between $250,000 and $330,000. Townhouses in New Traditional designs built in the 1990s cost around $400,000.
This Ranch style home sits on top of a hill with a spacious yard and a looped driveway for convenient entrances and exits.
Most of the residential buildings in the Lake Katherine neighborhood are duplexes and townhomes.
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A rated schools near Lake Katherine
Children can begin at Palos East Elementary School and advance to Palos South Middle. Students continue learning at Amos Alonzo Stagg High, which is part of the Consolidated High School District 230 and has over 68 extracurricular activities, including a powerlifting club, e-sports club and cultivation club. All three schools earn A ratings from Niche.
Residents of Lake Katherine start their kids education at Palos East Elementary.
Amos Alonzo Stagg High School is a great school for residents of Lake Katherine.
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Flower-filled walks at Lake Katherine Botanical Gardens
The main attraction of the neighborhood is the Lake Katherine Nature Center and Botanic Gardens, which is an 85-acre site featuring a variety of gardens, a nature center, a boathouse and more than 2 miles of walking trails around the landscaped lake and waterfall. The nature center offers educational programs and exhibits for residents to learn about the natural environment. In the warmer months, visitors enjoy kayaking or canoeing on the lake, watching the aquatic life and strolling through the blooming gardens. For a more traditional park with athletic courts and a playground, residents will head to Memorial Park, which is located just over the neighborhood’s southern edge.
Lake Katherine is a picturesque neighborhood nestled in Palos Park.
Residents of Lake Katherine take the opportunity take pictures and videos by the beautiful waterfall.
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Enjoy pasta from Capri Ristorante Italian
There aren’t restaurants immediately in the neighborhood, but Harlem Avenue begins at the neighborhood’s southeastern corner. “Old Palos shopping and dining district, down Harlem Avenue, is where everyone thinks to go for those one-of-a-kind, locally owned restaurants. Whether you’re wanting Greek, Italian, Polish, or American food, there’s an option for you,” Busse says. As its name promises, Kefi Greek Cuisine and Bar serves elevated Greek dishes, and residents indulge in pasta and chicken parmesan at Capri Ristorante Italian. After eating, locals browse the businesses on Harlem Avenue, like the Wandering Wishes Boutique, or drive 5 miles southeast for big-box retailers like Target. When it's time to stock up on groceries, they head southeast to Jewel-Osco.
Lake Katherine residents have easy access to several restaurants including Capri Ristorante.
Guests enjoy the show when the waiter lights up the saganaki at Kefi near Lake Katherine.
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Access the Metra or drive on state highways
“The commuter station is in the northwest portion of town, and there’s always plenty of parking there,” Busse says. Lake Katherine sits between the Palos Park and Palos Heights Metra Stations, and the rail lines cut diagonally through the neighborhood. Commuters heading to Chicago choose to ride the Pace Suburban Bus or drive north on State Route 43 to merge onto Interstate 55.
You can catch a ride on the bus along Harlem Avenue near the Lake Katherine neighborhood.
Residents of Lake Katherine can catch a ride on the metra train at Palos Park station.
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Green waterways on Saint Patrick's Day
Locals don’t have to travel to Chicago to see a green body of water on Saint Patrick’s Day — the Lake Katherine Nature Center and Botanical Gardens also celebrate the holiday by dyeing its waterfall bright emerald. More regularly, residents can stop by the nature center for educational programs and learn about pollination, Illinois waterways, bird migration and more. During the holiday season, locals join the greater Palos Heights community for a holiday parade on Harlem Avenue, a winter market and a tree decorating contest.
Residents of Lake Katherine take the opportunity take pictures and videos by the beautiful waterfall.
Be sure to stop by the nature center at Lake Katherine.
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Chicago commuters and local employment options
The rail line makes commuting to Chicago easy, but the area offers local employment opportunities. “Residents commute up to Chicago, but there are a lot of people who own businesses and work locally. We also have Trinity Christian College and the Northwestern Palos Hospital, which are both major employers in the area,” Busse says.
Commuters head home after a ride on the Metra Train near the Lake Katherine neighborhood.
Trinity Christian College is a short distance from the Lake Katherine neighborhood.
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
George Venturella,
an experienced agent in this neighborhood.
Parks in this Area
Homerding Park
Picnic Area
Soccer
Playground
Kennelly Park Playground
Picnic Area
Playground
Palmer Park - Palos Heights Park District
Baseball/Softball
Tennis
Volleyball
Crawford Park
Baseball/Softball
Basketball
Bike Trails
Memorial Park/Community Park
Baseball/Softball
Disc Golf
Picnic Area
Lake Katherine Nature Center and Botanic Gardens
Picnic Area
Trails
Kayak/Canoe
Harry 'Bus' Yourell Off Stream Aeration Pool
Picnic Area
River
Parking Lot
Transit
Airport
Chicago Midway International
19 min drive
Train
Palos Park Station
Bus
Harlem Ave & 119th St & College Dr
Crime and Safety
1 - Low Crime, 10 - High Crime
Lake Katherine
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
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
On average, homes in Lake Katherine, Palos Park sell after 15 days on the market compared to the national average of 47 days. The average sale price for homes in Lake Katherine, Palos Park over the last 12 months is $334,821, down 8% from the average home sale price over the previous 12 months.
Prepare to be captivated by the breathtaking beauty surrounding this Palos Park residence! Nestled on a scenic lot, the backyard views through the expansive windows will leave you in awe, showcasing a professionally landscaped yard embraced by mature trees. Inside, discover a spacious 5-6 bedroom haven designed to accommodate everyone, complete with a convenient first-floor bedroom and full
Impeccable End-Unit in desirable Palos Point. Bright and spacious this townhome shows & feels like a single-family home. The inviting floor plan offers living room open to formal dining room w/gleaming hardwood floors, dramatic windows and lots of natural light! A large working kitchen offers custom cabinetry, granite counters, large pantry closet & all appliances. Spacious eat-in breakfast room
Linda Ryan@properties Christie's International Real Estate
Highly Desired EDELWEISS IN THE PARK, 1/2 Duplex, 2 Story Townhouse * Award Winning School District 118 * Impressive 2 Story Entry Foyer With 3 Bedrooms * 2.5 Bathrooms * Main Floor Living Room With Hardwood Floors & French Doors Leading Into the Family Room with Massive Stone Fireplace, Hardwood Floors * Spacious Kitchen With Ample Cabinets & Pantry Including Eat In Area/Table Space & New
Regina DervenisJameson Sotheby's International Realty
One of the largest original lots in Palos Park, a 3.49 acre parcel in prime area, walking distance to Metra stop and the Plush Horse. Structure on property is not salvageable. The lot is full of mature trees and slopes north down to SW Highway. Two separate pins for 2.89 and .59 acre parcels, and they must be sold together. Per zoning restrictions, the lots are able to be split into two ~1.75
Stunning, fully renovated 2BD/2BA Condo. One Car ATTACHED garage. Highly desired Colonial Heights! A large living room with a bright open kitchen. High quality Stainless steel Samsung appliances and quartz counter tops. A large Master bedroom with a private master bath and walk-in closet. Spacious second bedroom with a closet. Relax in a screened balcony-porch overlooking to the courtyard-two
Interested in learning more about homes in this area?
Reach out to
George Venturella,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,809
Median Age
58
Population Density
5 ppl/acre
Population under 18
16%
Below the national average
23.8%
Population over 65
39.9%
Above the national average
19.1%
Finances
Median Household Income
$98,263
Significantly above the national average
$71,702
Average Household Income
$111,260
Education and Workforce
High School Graduates
93.2%
College Graduates
37.9%
Advanced Degrees
18.3%
Above the national average
13.3%
% Population in Labor Force
53.2%
Below the national average
65.1%
Weather
Annual Precipitation
34''
Average Winter Low Temperature
20°F
Average Summer High Temperature
84°F
Annual Snowfall
40''
Area Factors
Bikeable
Bike Score®
60/ 100
Car-Dependent
Walk Score®
24/ 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.
