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Third Lake, IL Homes for Sale

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  • /52

    $1,098,000

    • 4 Beds
    • 4 Baths
    • 3,740 Sq Ft

    75 N Lake Ave, Third Lake, IL 60030

    This custom-built home, completed in 2014 by a local builder and maintained to the highest standards, offers unparalleled craftsmanship ~ Designed in collaboration with a professional designer, the aesthetic is elegant yet welcoming, with every space thoughtfully curated ~ Upon entry, you're greeted by a grand foyer that sets the tone for the rest of the home ~ The main level features beautiful

    Theresa Bloede Compass

    75 N Lake Ave, Third Lake, IL 60030
  • /22

    $65,000

    • Land
    • 1.00 Acre
    • $65,000 per Acre

    31101 N Fairfield Rd, Third Lake, IL 60030

    1 acre of Land to build your dream home or barndominium. This plan is simply an example of one of the many possibilities for this site. Your build possibilities and designs are endless. Use any builder you wish! Highly rated Fremont Elementary and Middle school. Please note this prototype features a working garage that would house 6 + cars, so the home on the site could be much bigger with a

    Kristina Betancourt Compass

    31101 N Fairfield Rd, Third Lake, IL 60030
  • /5

    $349,000

    • Land
    • 6 Acres
    • $56,290 per Acre

    0 W Chardon Rd, Third Lake, IL 60030

    Welcome to this rare find on sought-after Chardon Road, offering 6 private and gorgeous acres of land with a pond! This expansive property is perfect for those looking to build their dream home in a quiet area with stunning views. The possibilities are endless with this land, allowing for a sustainable lifestyle and the opportunity to create your own estate in a country living setting. Horses and

    Sue Perdue Baird & Warner

    0 W Chardon Rd, Third Lake, IL 60030
  • /14

    $3,500,000

    • Land
    • 246 Acres
    • $14,199 per Acre

    22731 W Townline Rd, Third Lake, IL 60030

    **Campbell Airport: Your Gateway to Opportunity in Lake County, IL** Welcome to Campbell Airport, a charming small-town airport with a big potential, perfectly nestled in the heart of fast-growing Lake County, Illinois. Privately owned yet open for public use, Campbell Airport is a cornerstone of the community, proudly serving the aviation needs of one of the top five Metropolitan Statistical

    Benjamin Lovinger Baird & Warner

    22731 W Townline Rd, Third Lake, IL 60030
  • /2

    $4,000,000

    • Land
    • 67 Acres
    • $59,701 per Acre

    0 W Rollins Rd, Third Lake, IL 60030

    Grayslake has annexed this 67 acre parcel and previously approved a plan that depicts 105 single family lots. This parcel is adjacent to Carillon North. Sewer and water are nearby. Rollins Savannah, a 1200+ acre forest preserve is located just east of the site. The property is approximately 5 miles west of the full interchange of Interstate 94 & Rt. 132 and close to major shopping at Rollins &

    Eve Lee Eve B. Lee

    0 W Rollins Rd, Third Lake, IL 60030
  • /41

    $475,000 Open Sun 1PM - 3PM

    • 3 Beds
    • 2 Baths
    • 2,759 Sq Ft

    34017 N Prospect Dr, Grayslake, IL 60030

    Enjoy a relaxing Retreat-Like Lifestyle in this CHARMING, coastal feel home nestled on a quiet street, just steps from the tranquil inlet waters off Gages Lake. Sit back and enjoy the WATER VIEWS and sounds of nature with your morning coffee on the lovely wrap around porch. This QUALITY constructed, Original Owner, CUSTOM home boasts 9' ceilings, a beautiful OPEN FLOOR PLAN, abundant natural

    Cathy Oberbroeckling Baird & Warner

    34017 N Prospect Dr, Grayslake, IL 60030
  • /47

    $499,000 Open Sun 1PM - 3PM

    • 4 Beds
    • 2.5 Baths
    • 2,578 Sq Ft

    801 Fieldale Ln, Grayslake, IL 60030

    Welcome to 801 Fieldale Lane, a beautifully maintained Colonial-style home located in the quiet Meadows of Grayslake subdivision. This spacious two-story residence offers approximately just under 2,600 square feet of thoughtfully designed living space, including four generously sized bedrooms, two and a half bathrooms, and a desirable first-floor space that could be used as an office. The main

    Jodi Cinq-Mars Keller Williams North Shore West

    801 Fieldale Ln, Grayslake, IL 60030
  • /29

    $449,000

    • 4 Beds
    • 3.5 Baths
    • 2,254 Sq Ft

    1112 Laurel Ln, Gurnee, IL 60031

    ** MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY SUNDAY 6/8 AT 3PM ** Tucked within the highly sought-after Ravinia Woods enclave, this exquisitely maintained 4-bedroom, 3.5-bath residence presents a refined fusion of classic sophistication and contemporary luxury. A grand entrance welcomes you with rich hardwood flooring, an elegant split staircase adorned with custom wrought iron balusters,

    Paige Spencer Jameson Sotheby's International Realty

    1112 Laurel Ln, Gurnee, IL 60031
  • /19

    $320,000 Open Sat 10AM - 12PM

    • 3 Beds
    • 1 Bath
    • 1,294 Sq Ft

    33945 N Lake Rd, Grayslake, IL 60030

    Lake Living! Absolutely adorable retreat situated on a double corner lot right across from Gages Lake. A new $3,000 designated and private pier was just installed for the new owners to indulge in boating, fishing, or going to the private beach to relax and swim. Indulge in your morning cup of coffee or tea on your screened in porch overlooking breathtaking water views! Boasting one of the most

    Ryan Harris Compass

    33945 N Lake Rd, Grayslake, IL 60030
  • /47

    $430,000 Open Sun 12AM - 2PM

    • 2 Beds
    • 2 Baths
    • 1,940 Sq Ft

    34741 N Lake Shore Dr, Lake Villa, IL 60046

    Your lake house beckons! Beautifully located on the eastern shore of crystal clear Druce Lake, enjoy sunset views from your private lake front terrace and launch a kayak from your private dock. Charming, vintage lake house has been updated with a new cottage kitchen (2023) with white quartz countertops, and a soaring 2-story great room to gather in. Brand new wood burning stove (2024) is ideal

    Jennifer Berg HomeSmart Connect LLC

    34741 N Lake Shore Dr, Lake Villa, IL 60046

Why Live in Third Lake

If you believe life is best lived on the water, Third Lake could be the right place for you. “Boating, fishing, kayaking, swimming –all a big part of this community. We have Third Lake and Druce Lake, and only residents have access to them,” says Kendra Saemann, an administrative assistant at Village Hall who has owned property and lived in Third Lake for over ten years. “Motors aren’t allowed on Druce Lake, making it ideal for rowers and fishers. Third Lake, the bigger of the two, is where you take out your motorboats.”

Located less than 50 ...

Frequently Asked Questions

What is the average home price in Third Lake, IL?
Homes for sale in Third Lake, IL have an average home price of $492,783.
Are home prices dropping in Third Lake?
Yes, home prices in Third Lake are down 8% in the last 12 months.
How many homes have sold over the last 12 months in Third Lake, IL?
5 homes have sold in Third Lake, IL over the last 12 months.
What are the most popular zip codes in Third Lake, IL?
The most popular zip codes in Third Lake, IL include 60010, 60047, 60051, 60014 and 60062.
How much do you need to make to afford a house in Third Lake?
The median home price in Third Lake is $374,950. If you put a 20% down payment of $75,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $1,860 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $80K a year to afford the median home price in Third Lake.
How are the schools in Third Lake, IL?
Third Lake, IL has highly rated public and private schools. Some of the best schools in Third Lake based on Niche Grades are Grayslake North High School, Grayslake Central High School and Warren Township High School. Browse all the schools in Third Lake, IL to learn more.

Home Trends in Third Lake, IL

Housing Trends

Median Sale Price
$352,000
Median Single Family Sale Price
$396,000
Average Price Per Sq Ft
$219
Number of Homes for Sale
1
Last 12 months Home Sales
5
Months of Supply
2.40
Median List Price
$374,950
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
-10%
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