Aurora · Will County · IL
Homes for sale in
Lakewood Valley.
- Active listings
- 5
- Median list
- $292K
- Avg time on market
- 26 days
- Sold · last year
- 1
Active listings
5 homes on the market
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About the community
A master-planned family community in far southeast Aurora.
Lakewood Valley is a master-planned community in far southeast Aurora, built out largely in the late 1990s and early 2000s by Lakewood Homes. Per the community's own association, it spans roughly 194 acres and about 736 homes laid out around five ponds, landscaped berms, and a network of walking paths, with three monument-marked entrances off 95th Street just west of Route 59. It was planned around amenity and open space rather than bolted on afterward, and it pairs two-story single-family homes with a townhome pocket, all inside Oswego School District 308.
At a glance
Clubhouse, pool, and courts
A recreation campus with a clubhouse, swimming pool, tennis courts, sand volleyball, and a playground, run by a separate recreation association.
Five ponds and trails
Five ponds, landscaped berms, and walking paths throughout, with some waterfront lots.
Oswego District 308
Served by Oswego Community Unit School District 308, confirmed by the HOA. Confirm the assigned elementary, junior high, and high school by address.
Single-family and townhomes
Primarily two-story single-family homes by Lakewood Homes, plus a townhome neighborhood for lower-maintenance living.
Multi-tier HOA
A master association plus separate recreation and townhome associations, so dues depend on the home type.
Route 59 corridor
Minutes from the Route 59 retail corridor and the Fox Valley Mall area, with I-88 to the north.
Metra BNSF at Route 59
The busy Route 59 station on the Metra BNSF line offers a direct ride to Chicago Union Station.
Rush Copley nearby
Near Rush Copley Medical Center in Aurora.
What’s close
Lakewood Valley sits along 95th Street just west of Route 59 in far southeast Aurora, with the Route 59 corridor and the Metra BNSF line close at hand.
- Amenities on-site
- The clubhouse, pool, tennis and sand volleyball courts, playground, five ponds, and walking paths.
- Highway
- Route 59 immediately east and I-88 to the north toward Naperville and Chicago.
- Train
- The Metra BNSF Route 59 station, one of the busiest on the system, with direct service to Chicago Union Station.
- Shopping
- The Fox Valley Mall area and the dense Route 59 retail corridor for grocery, big-box, and dining.
- Schools
- Oswego District 308. Confirm the assigned elementary, junior high, and high school by address.
- Hospital
- Rush Copley Medical Center in Aurora.
What it’s actually like to live here
Lakewood Valley is built for family suburban life at the far southeast edge of Aurora. The neighborhood was master-planned around amenity and open space, so five ponds, walking paths, a clubhouse with a pool, tennis and sand volleyball, and playgrounds give residents somewhere to go without leaving the subdivision. Homes have aged into their landscaping, so the streets read as established rather than raw-new, and the mix of larger single-family homes and a townhome pocket holds both move-up families and buyers who want a lower-maintenance footprint in the same school district.
The location is a genuine strength. The Route 59 retail corridor and the Fox Valley Mall area are minutes away, I-88 opens up the Naperville job corridor, and the Metra BNSF Route 59 station puts a direct Chicago train within reach. Assignment to Oswego District 308 schools is a primary draw for the family buyers this neighborhood is built for.
The honest tradeoffs are worth naming. This is a car-first, spread-out suburban setting, so daily errands and the train mean driving, and the Route 59 corridor can be congested at peak times. Property taxes in this part of Aurora run high and should be budgeted alongside the mortgage. And the HOA is real and layered, with separate associations and assessments for the master community, the recreation amenities, and the townhomes, so confirm exactly which dues apply to a given home rather than assuming one flat fee.
The questions buyers actually ask
Lakewood Valley FAQ
The questions I get most from buyers shopping Lakewood Valley. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Lakewood Valley uses a multi-tier association structure with a master HOA plus separate recreation and townhome associations, so dues vary meaningfully by home type. The master HOA maintains the common areas, the berms and landscaping, the five ponds, the irrigation system, and the entrance monuments, while a separate recreation association runs the clubhouse, pool, and courts, and townhomes carry their own monthly assessment on top. Confirm exactly which assessments apply to the specific home.
- What are property taxes like?
- Roughly $8,000 – $14,000 per year, depending on home size and value. Will County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was Lakewood Valley built?
- Lakewood Homes built the community between 1998 and 2005. Lakewood Homes stopped new construction in 2005, so every sale today is a resale.
- 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.
- What kinds of homes are in Lakewood Valley?
- Primarily two-story single-family homes built by Lakewood Homes in the late 1990s and early 2000s, plus a townhome neighborhood for lower-maintenance living, spanning a broad range of sizes.
- Does Lakewood Valley have an HOA, and what does it cover?
- Yes, and it is a multi-tier structure. The master HOA maintains common areas including the berms, landscaping, the five ponds, irrigation, and the entrance monuments. A separate recreation association runs the clubhouse, pool, and courts, and townhomes have their own association on top of that. Confirm which assessments apply to the specific home.
- What amenities are included?
- A clubhouse, swimming pool, tennis courts, sand volleyball, a playground, a picnic area, five ponds, and walking paths, all within the subdivision.
- What school district serves Lakewood Valley?
- Oswego Community Unit School District 308, confirmed by the community's own association. The specific assigned elementary, junior high, and high school should be verified for your exact address using the district's school locator, since boundaries have been redrawn over the years.
- Is Lakewood Valley in Will County?
- Yes. Property records place Lakewood Valley, along 95th Street west of Route 59, in the Will County portion of Aurora. ZIP 60503 straddles the Will and Kendall line, so confirm at the parcel level for a specific address.
- What do homes cost and how is the market right now?
- Pricing and market conditions move with the MLS, so check the live Market snapshot tiles on this page for current sale prices and activity rather than relying on a static number.
- Who is the real estate agent for Lakewood Valley?
- Joe Keegan is the local licensed Illinois real estate broker who covers Lakewood Valley in Aurora, 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 Lakewood Valley 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 Lakewood Valley
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
- Aurora specialist
- Honest local market take
- Brokerocity
Market snapshot
Lakewood Valley, 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
$292,000
Typical sale price · last 90 days
$399,500
Homes for sale right now
5
Avg time on market
26 days
Sold in the last year
1
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period July 30, 2025 through July 30, 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.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
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Schools serving Lakewood Valley
Where Lakewood Valley homes go to school
Homes in Lakewood Valley are most often zoned to Oswego East HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
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