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Third Lake House for Sale

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    $1,198,000

    • 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

About Third Lake

Third Lake offers a unique blend of water-based recreation and convenient access to urban amenities. Residents enjoy exclusive access to Third Lake and Druce Lake, perfect for boating, fishing, kayaking, and swimming. Druce Lake is motor-free, ideal for rowers and fishers, while motorboats are welcome on the larger Third Lake. The neighborhood is less than 50 miles from Chicago and has a rich history as a resort area dating back to the early 1800s. Today, year-round homes have replaced the seasonal cabins, with properties ranging from modest split-level houses to expansive lakefront homes. For those who prefer land-based activities, Caboose Park offers nostalgic playgrounds and an old train car for kids to explore, while Grant Woods Forest Preserve provides trails for hiking, biking, and winter sports like cross-country skiing and snowmobiling. Architecture enthusiasts can visit the New Gracanica Serbian Monastery, known for its stunning frescoes and domes. Families will find highly rated schools in the area, including B.J. Hooper Elementary School, Palombi Middle School, and Grayslake North High School, all known for their strong academic performance and supportive environments. Third Lake is also close to modern conveniences, with Gurnee Mills Mall just 3 miles away, featuring major retailers and a nearby Walmart Supercenter and Sam’s Club. Six Flags Great America is a short drive east on West Grand Avenue, offering a variety of thrill rides and family-friendly attractions. Local dining options include Something’s Brewing on Route 45. With a lower crime rate compared to the national average, Third Lake combines tranquility with the practicality of nearby shopping and entertainment.

Home Trends in Third Lake, IL

Home Trends

Median Price (12 Mo)
$410,000
Median Single Family Price
$412,550
Median 2 Bedroom Price
$301,500
Average Price Per Sq Ft
$214
Number of Homes for Sale
1
Last 12 months Home Sales
13
Months of Supply
0.90
Median List Price
$402,450
Median Discount From 1st List Price
-4%
Median Home Sale Price YoY Change
20%
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