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Lakewood Shores, IL

Full City Profile · Illinois · Grundy County County

3.0 /5.0
B Good
433 Population 1,237/sq mi density
$76,500 Median Income $34,052 per capita
$181,300 Home Value $274,245 Zillow
$1,339 Median Rent 33.5% income on rent
51°F Avg Temperature 275 sunny days/yr
114 Violent Crime/100K 1,415 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$76,500 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$181,300 home value, $1,339/mo rent
F
Safety
1.0 / 5.0
114 violent crimes/100K
D
Education
1.7 / 5.0
8.5% bachelor's degree or higher

Housing Overview

Median Home Value
$181,300
36% below
US avg: $281,900
Median Rent
$1,339/mo
15% above
US avg: $1,163/mo
Homeownership Rate
77.4%
18% above US avg (65.4%)
Total Housing Units
280
Median year built: 1963

Home Value by Source

Census Median
$181,300
Zillow (ZHVI)
$274,245
Median Sale Price
$141,000
Median List Price
$269,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.4%
Owner-Occupied
22.6%
Renter-Occupied
77%
23%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,339/mo

Market Indicators (Redfin)

Median Days on Market
160 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$0
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
33.5%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
77.4%

Complete Housing Data

Home Values

Census Median Value$181,300
Zillow Home Value (ZHVI)$274,245
Median Sale Price$141,000
Median List Price$269,000
Price Per Sq Ft$0

Rent

Census Median Rent$1,339
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market160
Sale-to-List Ratio0.8%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$0

Ownership & Stock

Owner-Occupied77.4%
Renter-Occupied22.6%
Homeownership Rate77.4%
Total Housing Units280
Median Year Built1963
Rent Burden33.5%