Arlington Heights · Cook County · IL
Homes for sale in
Lost Creek.
- Active listings
- 1
- Median list
- $425K
- Avg time on market
- 16 days
- Sold · last year
- 7
Active listings
1 home on the market
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About the community
A newer, low-maintenance townhome enclave inside a mature suburb.
Lost Creek is a townhome and condominium community on the south side of Arlington Heights, in Cook County, with homes built in the 1990s. It sits along Algonquin Road just east of Arlington Heights Road, a compact, planned attached-home pocket set inside a long-established, fully built-out suburb. The trade is deliberate: buyers give up the large lots of Arlington Heights' older single-family neighborhoods in exchange for newer-than-average construction, association-handled exterior upkeep, and a price of entry that is upper-mid rather than top of the market. That combination appeals to empty nesters, first-time move-up buyers, and professionals commuting toward the I-90 corridor or downtown Chicago.
At a glance
1990s townhomes
Attached townhomes and condominiums, a newer product inside a mature suburb.
HOA-maintained
A managed association handles common-area landscaping, snow removal, and exterior upkeep.
CCSD 59 and District 214
Reported assignment is Juliette Low Elementary and Holmes Junior High in CCSD 59, then Rolling Meadows High School in District 214. Confirm by address.
Hospital in town
Endeavor Health Northwest Community Hospital is in Arlington Heights, a short drive away.
Route 53 and I-90
Illinois Route 53 connects to I-90 (Jane Addams Tollway), with Algonquin Road the main east-west arterial.
Pioneer Park nearby
The Arlington Heights Park District's Pioneer Park complex, with a pool, courts, and trails, is the closest major facility.
Metra in town
Arlington Heights is on the Metra Union Pacific Northwest line, a short drive north to the station from this south-side location.
What’s close
Lost Creek sits on the south side of Arlington Heights along Algonquin Road, east of Arlington Heights Road, more arterial than the walkable downtown core to the north.
- Recreation
- The Arlington Heights Park District's Pioneer Park, a south-side complex with an outdoor pool, ball fields, courts, and a walking path.
- Shopping
- The Algonquin Road and Golf Road corridors offer extensive retail, grocery, and dining, with the Arlington Park redevelopment area nearby.
- Hospital
- Endeavor Health Northwest Community Hospital on West Central Road in Arlington Heights.
- Highway
- Illinois Route 53 with I-90 connections to the south, and Algonquin Road (Route 62) as the main east-west route.
- Schools
- Community Consolidated School District 59 for elementary and middle grades, Township High School District 214 for high school. Confirm by address.
- Train
- Metra Union Pacific Northwest line from the Arlington Heights and Arlington Park stations toward Ogilvie Transportation Center. Plan a short drive to the station.
What it’s actually like to live here
Lost Creek suits buyers who want newer-than-average construction and low-maintenance attached living inside one of the Chicago area's most established northwest suburbs. The trade is deliberate: you give up the large lots and detached privacy of Arlington Heights' older single-family neighborhoods in exchange for a manageable townhome footprint, association-handled exterior upkeep, and a price of entry that is upper-mid rather than top of the market. For empty nesters, first-time move-up buyers, and professionals commuting toward the I-90 corridor or downtown Chicago, that combination is the appeal.
Day to day, the location is practical rather than picturesque. The Algonquin Road corridor puts groceries, everyday retail, dining, and Northwest Community Hospital within a short drive, and Route 53 and I-90 make car commuting straightforward. Arlington Heights Park District facilities, including the south-side Pioneer Park complex, add pools, courts, and trails without leaving town. The honest tradeoff is that the south-side setting is more arterial and less village-quaint than the walkable core: the celebrated downtown Arlington Heights scene and the Metra stations are a drive north, not steps from the door, and buyers who prize a walk-to-train lifestyle should weigh that.
Finally, this is HOA living. The monthly assessment buys convenience, since someone else handles the landscaping, snow, and building exteriors, but it is a fixed recurring cost, and buyers should review the association's current budget, reserves, and rules (including any pet or rental restrictions) before committing. For the right buyer, the low-maintenance formula in a strong school and services town is exactly the point.
The questions buyers actually ask
Lost Creek FAQ
The questions I get most from buyers shopping Lost Creek. If yours isn't here, text 224-385-8779, same-day reply.
- How much is the HOA?
- townhomes and condos are $320 per month.
- What does the HOA actually cover?
- Lost Creek is an association community, consistent with its attached townhome and condominium homes. Sources report a monthly assessment in the roughly 300 to 340 per month range, which for this type typically covers common-area and landscaping upkeep, snow removal, and exterior and stormwater or detention maintenance. Confirm the current assessment and exactly what it covers with the management company or the listing's association disclosure.
- What are property taxes like?
- Roughly $8,000 – $12,000 per year, depending on home size and value. Cook County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Is Lost Creek single-family homes or townhomes?
- Available sources describe it as an attached townhome and condominium community, not detached single-family. Confirm the specific property's subtype on the MLS listing before assuming either way.
- When was it built?
- In the 1990s, with a core in the early-to-mid part of the decade. Confirm the exact year for any specific unit by address.
- What school district serves Lost Creek?
- Elementary and middle grades are in Community Consolidated School District 59 (Juliette Low Elementary and Holmes Junior High), and high school is in Township High School District 214 (Rolling Meadows High School). Attendance boundaries can change, so verify by the exact address.
- Is there an HOA, and what does it cost?
- Yes. Sources report a monthly assessment in the low-to-mid 300s. Confirm the current amount and exactly what it covers (typically exterior maintenance, landscaping, snow, and common areas) with the management company or the listing disclosure.
- How is the commute to Chicago?
- Arlington Heights is on the Metra Union Pacific Northwest line to downtown Chicago, and Route 53 plus I-90 serve drivers. The Metra stations are in central Arlington Heights, so plan on a short drive to the train from this south-side location.
- What is on the market and how much do homes cost now?
- Pricing and inventory move constantly. See the live Market snapshot on this page for current listings, recent sold data, and days on market rather than relying on a static figure.
- Who is the real estate agent for Lost Creek?
- Joe Keegan is the local licensed Illinois real estate broker who covers Lost Creek in Arlington Heights, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Lost Creek specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Lost Creek
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Arlington Heights specialist
- Honest local market take
- Brokerocity
Market snapshot
Lost Creek, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$424,900
Typical sale price · last 90 days
$425,000
Homes for sale right now
1
Avg time on market
16 days
Sold in the last year
7
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 9, 2025 through August 9, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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