Condos InGrayslake, IL

Grayslake, IL Condo Market Report (In last 12 months)

Avg. List Price

$285,590 ($180/Sqft.)

Year-Over-Year List Price

0.12%

Total Listings

147

Avg. Days on Market

Avg. Sale Price

$285,197 ($171/Sqft.)

Year-Over-Year Sale Price

2.96%

Total Sold

139

Avg. HOA Fees/Sqft.

$7/monthly

Grayslake, IL Condo Market Overview

Nestled amidst the serene landscapes of Illinois, Grayslake offers a charming blend of suburban tranquility and modern convenience. This picturesque city boasts a dynamic condo market, appealing to both luxury seekers and those searching for affordable elegance. In the heart of Grayslake, stylish, newly-developed condos offer contemporary living with stunning views of the surrounding lakes and lush greenery. Neighboring areas like College Trail and Prairie Crossing provide unique, eco-friendly options that attract nature enthusiasts and sustainable living advocates. For those looking to blend elegance with historical appeal, Heritage Park’s lovingly restored residences exude charm while retaining functionality. Meanwhile, bustling downtown Grayslake invites with its delightful shops, cafes, and a thriving farmer’s market, creating a vibrant community feel. Enjoy a serene stroll along the nearby trails and parks, or dive into the lively arts and cultural events that keep the city buzzing. In Grayslake, discover a welcoming, balanced lifestyle that captivates both heart and home.

Condos For Sale In Grayslake, IL

Popular Condos Neighborhoods in Grayslake, IL

Explore Grayslake, IL Neighborhoods

Grayslake, situated in Illinois, is a charming village known for its serene landscapes and close-knit community spirit. With an array of parks, scenic lakes, and a thriving local arts scene, this suburban gem offers residents and visitors a perfect blend of tranquility and cultural enrichment, complemented by its convenient proximity to the vibrant attractions of nearby Chicago.

Frequently Asked Questions About Grayslake, IL

What is it like to live in Grayslake?

Grayslake offers a suburban lifestyle with a variety of housing options, including single-family homes, townhouses, and apartments, appealing to diverse residents. The village features several parks, a historic downtown area, and is served by two Metra train stations, offering convenient access to Chicago. The education system is serviced by well-regarded school districts, adding to its family-friendly appeal.

What is it like to live in Grayslake?

Is Grayslake expensive?

Grayslake has a relatively moderate cost of living compared to Chicago, with housing options that are generally more affordable than the metropolitan average. The real estate market features single-family homes and townhouses, appealing to a range of budgets.

Is Grayslake expensive?

How much is a condo in Grayslake?

The average cost of a condo in Grayslake varies from approximately $200,000 to $350,000, depending on factors like location, size, and amenities. Real estate in this area is generally more affordable compared to larger cities, offering a suburban lifestyle with proximity to natural reserves and lakes.

How much is a condo in Grayslake?

What are the safest neighborhoods in Grayslake?

Grayslake is generally known for its safe residential neighborhoods, such as Prairie Crossing and Avon Township Estates, which offer family-friendly environments and community amenities. These areas have relatively low crime rates, contributing to their reputation as safe places to live.