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Lake Petersburg Homes for Sale

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  • /2

    $70,000

    • Land

    68 N Shore Dr, Petersburg South No. 15 Precinct, IL 62675

    Get ready to enjoy the lake with a gorgeous lot giving you access to great water on one of the most sought after areas of the lake. This gorgeous lot has mature trees and enough slope to accommodate a house plan with a walkout basement. This won't last long. Come check out one of the last vacant lots on Lake Petersburg!

    Patricia VanEtten RE/MAX Professionals

    68 N Shore Dr, Petersburg South No. 15 Precinct, IL 62675
  • /48

    $499,900

    • 4 Beds
    • 3 Baths
    • 3,598 Sq Ft

    337 Elm Ln, Petersburg, IL 62675

    Stunning 4 bed/ 3 ba home on Lake Petersburg! Home offers beautiful views, lavish landscaping, custom features, wainscotting, built ins, many entertaining areas, great bay and so much room! Open Floor plan welcomes you with tall ceilings, central staircase with wood & glass accents, floor to ceiling windows! Gorgeous Kitchen boasts upgraded island, walk in pantry, granite countertops and

    Kim Wenda RE/MAX Professionals

    337 Elm Ln, Petersburg, IL 62675
  • /2

    $11,000

    • Land
    • 0.38 Acre
    • $29,333 per Acre

    Lot 22 Guinan Rd, Petersburg, IL 62675

    Beautiful opportunity to build your dream home near New Salem State Park and feels like a country setting! Enjoy a corner lot w views of field and a pine tree line! Lot is flat with paved street. City water, Ameren and septic.

    Kim Wenda RE/MAX Professionals

    Lot 22 Guinan Rd, Petersburg, IL 62675
  • /2

    $11,000

    • Land
    • 0.35 Acre
    • $31,429 per Acre

    Lot 21 Guinan Rd, Petersburg, IL 62675

    Beautiful opportunity to build your dream home near New Salem State Park and feels like a country setting! Enjoy open field back views with a back pine tree lined lot! Lot is flat with paved street. City water, Ameren and septic.

    Kim Wenda RE/MAX Professionals

    Lot 21 Guinan Rd, Petersburg, IL 62675
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    $419,900 Coming Soon

    • 4 Beds
    • 3 Baths
    • 3,006 Sq Ft

    64 N Shore Dr, Petersburg, IL 62675

    COMING SOON! 5-1-25 Summer is almost here and this one checks all of the boxes! Located on a beautiful elevated lot with tons of mature trees this home offers TONS of SPACE! This four bedroom, 3 full bath home has the perfect layout for entertaining with loads of natural light. Original hardwood floors in the living room and two spacious bedrooms. Just down the hall is a totally separate master

    Angie Scheina RE/MAX Professionals

    64 N Shore Dr, Petersburg, IL 62675

About Lake Petersburg

Lake Petersburg, located just south of Petersburg, is a private lakeside community known for its exclusive access to the lake's recreational activities such as jet skiing, fishing, and swimming. The neighborhood features a mix of ranch-style homes from the 1960s and 70s, modern properties, and open lots, all with private docks and expansive lake views. Homes typically offer around 2,000 square feet of living space on lots larger than a quarter acre. Streets are gravel without sidewalks, adding to the rural, rustic charm. The Lake Petersburg Association, which all homeowners are part of, organizes community events like weekly bass fishing tournaments and a Fourth of July fireworks show. The association also manages the community's sewer system and enforces building and rental regulations. Nearby attractions include the Shambolee Golf Course and Lincoln's New Salem State Historic Site, offering outdoor activities and historical exploration. The community is about two miles from Petersburg, a small town with local businesses such as the Broadgauge entertainment venue, Hand of Fate brewery, and Mom + Pop's diner. For more extensive amenities, Springfield is 20 miles away, providing larger hospitals, more employers, and a regional airport. The PORTA Community Unit School District No. 202 serves local children, offering a range of academic programs in a close-knit environment. The crime rate in Lake Petersburg is lower than the national average, contributing to its appeal as a peaceful residential area.

Frequently Asked Questions

Is Lake Petersburg a good place to live?
Lake Petersburg is a good place to live. Lake Petersburg is considered very car-dependent and somewhat bikeable. Lake Petersburg is a destination neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. It is sparse in population with 0.6 people per acre and a median age of 45. The average household income is $86,570 which is below the national average. College graduates make up 28% of residents. A majority of residents in Lake Petersburg are home owners, with 23.3% of residents renting and 76.7% of residents owning their home. A local real estate agent serving Lake Petersburg can help you decide if this neighborhood is the right one for you. Learn more on our Lake Petersburg neighborhood guide.
Is Lake Petersburg, IL a safe neighborhood?
Lake Petersburg, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Lake Petersburg?
The median home price in Lake Petersburg is $399,900. If you put a 20% down payment of $80,000 and had a 30-year fixed mortgage with an interest rate of 6.83%, your estimated principal and interest payment would be $2,090 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $90K a year to afford the median home price in Lake Petersburg. The average household income in Lake Petersburg is $87K.
What are the best public schools in Lake Petersburg?
The best public schools that serve Lake Petersburg are:
What are the most popular zip codes in Lake Petersburg, Petersburg, IL?
The most popular zip codes in Lake Petersburg, Petersburg, IL include 62711, 62704, 62702, 62703 and 62650.
What are the most popular neighborhoods near Lake Petersburg, Petersburg, IL?
The most popular neighborhoods near Lake Petersburg, Petersburg, IL are Monroe Park West, Oak Ridge, North End Association Take Two, Historic West Side and Lincoln Park.

Home Trends in Lake Petersburg, IL

Home Trends

Median Price (12 Mo)
$390,000
Median Single Family Price
$395,000
Average Price Per Sq Ft
$135
Number of Homes for Sale
2
Last 12 months Home Sales
19
Months of Supply
1.30
Median List Price
$399,900
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
40%
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