The Village of Lindenhurst has burgeoned from a cozy rural past into one of Chicagoland's most prized communities. Situated in northern Illinois on the southwestern tip of Lake Michigan's friendly shore, Lindenhurst brings the best of cornfields and city life together.
The village is ideally located among the vast forests of Lake County. Lindenhurst's roughly 14,500 residents enjoy easy access to both O'Hare International Airport and Milwaukee's Mitchell Field. The base of the community's economy rests in major corporate commercial trade and local business. The area's largest employers include Abbott Laboratories, Department of the Navy, Motorola and Kemper Insurance.
In addition to its thriving economy, Lindenhurst also prides itself on its rustic surroundings. Residents take full delight in the some 400 acres of rolling woodlands, lakes, forested hills and scenic wetlands of Lake County. Eighteen regional parks are located close to Lindenhurst, including Chain O'Lakes State Park. Gurnee Mills Mall is just five minutes away. Avid sports fans will appreciate their proximity to the hometown of the Bears and the Bulls. In addition, Six Flags Great America is nearby.
Public school students are served by one of five local districts, depending on age and location. A number of highly regarded colleges and universities are located nearby. Lindenhurst offers a wide variety of affordable real estate options, including single-family homes, condominiums and townhouses. Excellence in education, a fine economy, 90% home ownership and a charming natural environment make Lindenhurst an ideal choice for living.
Lindenhurst, IL Real Estate Market – Price Range of Lindenhurst Houses for Sale
The real estate market in Lindenhurst is fairly diverse. Residential properties consist mainly of single-family detached homes, but there are a handful of condominiums and townhouses to choose from as well. Single-family homes in Lindenhurst range from just under the $110,000 - $500,000. Homes in the higher end of the pricing spectrum often boast scenic views and waterfront locations. Condominiums and townhouses in Lindenhurst are priced from $115,000 to the low $200,000s.
Lindenhurst Real Estate Stats and Trends for the week of May 23rd, 2016: homes priced around $193,156 compared to $246,278 the previous week, showing a decrease of less than -28%. For Tuesday, May 24th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 2.91%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.61%, while the 15 year jumbo rate currently is at 4.08%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Lindenhurst IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Lindenhurst to help you find the best home!