Lake Bluff, IL Real Estate

According to census data in the year 2000 there were 2,213 housing units in Lake Bluff. This represents a 6.4% growth from 2,079 in 1990.

Of those housing units, 2,164 were located in either urbanized areas or urban clusters, and 49 were located in what is classified as a rural area.

Homeownership rate in Lake Bluff is about 91.1%. Lake Bluff's vacancy rate, including seasonal lodging, is about 4%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Lake Bluff were built after 1966.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.50%
Two Bedrooms9.90%
Three Bedrooms35.20%
Four Bedrooms42.70%
Five Bedrooms or more8.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.98
Median year structure was built1967
Median Value of occupied units$439,600
Median Price asked for vacant units$287,000

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1961
Median Monthly Rent asked for vacant units$725

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.70%
Home Equity Loan14.80%
Simple Mortgage52.80%
Debt Free25.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20%