Lakewood Shores, IL Real Estate

According to census data in the year 2000 there were 558 housing units in Lakewood Shores. This represents a 1.8% growth from 548 in 1990.

Of those housing units, 558 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lakewood Shores is about 89.5%. Lakewood Shores's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 3.05 people.

The majority of houses, apartments or condos in Lakewood Shores were built after 1962.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.90%
Two Bedrooms26.50%
Three Bedrooms51.10%
Four Bedrooms16.10%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.98
Median year structure was built1962
Median Value of occupied units$107,100
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size3.66
Median year structure was built1958

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage15.80%
Home Equity Loan9.90%
Simple Mortgage48.20%
Debt Free26%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%