Bannockburn · Lake County · IL
Homes for sale in
Bannockburn.
- Active listings
- 3
- Median list
- $1.85M
- Avg time on market
- 7 days
- Sold · last year
- 8
Active listings
3 homes on the market
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About the community
Living in Bannockburn.
Bannockburn is one of those tiny North Shore villages most people drive right past on Half Day Road without realizing they were ever in it. Population was just 1,013 at the 2020 Census across roughly 2 square miles, wedged between Deerfield to the south, Highland Park to the east, and Lincolnshire to the west. The village's own zoning code explicitly preserves large-lot, low-density, rural-feeling character, and almost all commercial activity in the village is the Bannockburn Green shopping center at Waukegan and Half Day. Kids here go to the village's own tiny Bannockburn School District 106 (K to 8) and then to top-ranked Adlai E. Stevenson High School in District 125. Median household income is roughly $195,000 and the median property tax bill runs around $24,400 a year, so this is a high-price, high-tax estate village by design.
At a glance
~1,013 residents
One of the smallest villages in southern Lake County. About 2 square miles total.
Bannockburn SD 106 + Stevenson HSD 125
Village-only K to 8 district (Bannockburn School, about 176 students), feeding Adlai E. Stevenson High School in Lincolnshire, ranked top 10 in Illinois.
Trinity International University
Half Day Road campus since 1961. The main non-residential land use in the village.
I-94 + IL 22 Half Day Road
I-94 Edens Spur runs through the east side of the village, IL 22 is the main east-west arterial.
Bannockburn Green shopping
Southeast corner of Waukegan Road and Half Day Road, anchored by Heinen's grocery and 30+ shops and restaurants. Essentially the only retail in the village.
No Metra in village
Closest stations: Deerfield (Milwaukee District North) about 2 miles south, and Lake Forest (UP-N) farther east.
Median property tax bill ~$24,400
Effective rate around 2.22% on very large homes. High absolute tax bills are part of the deal.
Estate-style large-lot character
Village zoning code explicitly preserves large residential lot sizes and limited accessibility via quiet rural roads.
What’s close
Bannockburn sits on the Half Day Road corridor in southern Lake County, with I-94 running through the eastern edge and Deerfield, Highland Park, and Lincolnshire all within minutes.
- Half Day Road (IL 22)
- Main east-west spine through the village, leading to Bannockburn Green, Trinity, and the I-94 ramp.
- I-94 (Edens Spur)
- Runs through the east side of the village for quick access south to Chicago and north toward Wisconsin.
- Trinity International University
- Roughly 115-acre campus on Half Day Road. One of the few non-residential land uses in the village.
- Bannockburn Green
- Southeast corner of Waukegan and Half Day. Heinen's grocery plus 30+ shops and restaurants, the main retail cluster.
- Deerfield border
- Deerfield sits directly south. Deerfield Public Schools District 109 serves portions of Bannockburn for K to 8.
- Lincolnshire border
- Lincolnshire is just west, home to Stevenson High School at 1 Stevenson Drive, the secondary school for Bannockburn families.
What it’s actually like to live here
Life in Bannockburn is the estate-village version of the North Shore. Lots are big, the streets are quiet, and the Village's zoning code calls out large residential lot sizes and limited accessibility via a pattern of quiet rural roads as the essential character of the community. The homeownership rate sits around 88% and the typical Zillow home value runs around $1.04M (Data USA's 2023 median property value is closer to $1.11M). There is almost no commercial activity inside village limits, just Bannockburn Green at Waukegan and Half Day and the Trinity campus.
The school setup is a big piece of why people pay these prices. Most village kids go to tiny Bannockburn School (about 176 students, K to 8) or to Deerfield D109 for the Deerfield-bordering portions, and they all feed up into Stevenson High School, which US News ranks 8th in Illinois. The trade-off is a property tax bill that runs well into five figures, with the median Bannockburn bill at about $24,409. Median household income in 2023 was $195,625, and the largest single income bracket in the village is $200,000-plus, which is exactly the demographic this village was zoned to attract.
Neighborhoods
Detailed Bannockburn community pages coming soon.
Browse the listings above. Detailed neighborhood pages with market stats, school info, and lifestyle take-downs land here as we roll them out.
Schools
Districts serving Bannockburn.
Boundary lines do shift. Always confirm in writing for a specific address before writing an offer.
- D106Grades K to 8
Bannockburn Elementary School District 106
Schools serving the area
- Bannockburn School
Village-only district at 2165 Telegraph Road, about 176 students. Some Bannockburn addresses near the Deerfield line fall into Deerfield Public Schools District 109 instead. Always confirm by address.
- D109Grades K to 8
Deerfield Public Schools District 109
Schools serving the area
- Wilmot Elementary
- Kipling Elementary
- South Park Elementary
- Charles J. Caruso Middle School
Serves the southern Deerfield-side portions of Bannockburn. 4 elementary plus 2 middle schools.
- D125Grades 9 to 12
Adlai E. Stevenson High School District 125
Schools serving the area
- Adlai E. Stevenson High School
Single-school district at 1 Stevenson Drive, Lincolnshire. About 4,758 students for 2024-2025. Ranked 8th in Illinois by US News.
Around town
What there is to do in Bannockburn.
A handful of the places people who live here actually use. Not a directory.
- Parks
Half Day Forest Preserve
1.8-mile loop along the Des Plaines River with a 3-acre fishing pond, picnic shelters, and a footbridge connecting to Wright Woods.
- Shopping
Bannockburn Green
The village's one shopping center at Waukegan and Half Day. Anchored by Heinen's grocery, 30+ shops and restaurants.
- Culture
Trinity International University
115-acre Half Day Road campus, the academic and cultural anchor of the village. Public lectures, athletics, and seasonal events.
- Parks
Heller Nature Center (Highland Park)
97 acres of oak-hickory forest, prairie, and three miles of trails just east in Highland Park. A short drive from any Bannockburn address.
- Culture
Ravinia Festival (Highland Park)
North America's longest-running outdoor music festival and summer home of the Chicago Symphony Orchestra. About 400,000 guests per season.
- Food & Drink
Lincolnshire Marriott Resort Dining
Cluster of steakhouses, casual restaurants, and resort dining just west in Lincolnshire, a few minutes from any Bannockburn home.
Getting around
Commute + transit from Bannockburn.
- Routes: I-94 (Edens Spur / Tri-State) · IL 22 (Half Day Road) · US 41 (Skokie Highway) · IL 43 (Waukegan Road)
- O'Hare Airport: ~30 min
- Chicago Loop: ~45 min
By the numbers
Bannockburn taxes + market stats.
Property tax rates vary by exact township and assessor district. Confirm per address before pricing a purchase.
Property tax rate
2.22%
effective avg
Sales tax
7.50%
combined
Median sold price
$1,275,000
MRED · last 12 mo (8 sales)
Median household income
$195,625
ACS
How Bannockburn got here
A bit of history.
The village name comes from Scotland, borrowed from the historic Battle of Bannockburn in 1314 where Robert the Bruce won a defining victory for Scottish independence. The Illinois version traces back to Scottish-born real estate developer William Aitken, who started building country estates on roughly 110 acres in inland Lake County in 1924. By 1929 there were about 30 families on the land, and the community formally incorporated as a village that same year. From the start, Bannockburn was designed as a low-density refuge from the more typical platted suburban grid spreading north out of Chicago.
Trinity International University, the other anchor of the village, grew out of a Bible course the Swedish Evangelical Free Church started in a Chicago church basement in 1897. The school moved to its current Bannockburn campus on Half Day Road in 1961 and was renamed Trinity Evangelical Divinity School and Trinity College the following year. Bannockburn has held onto its founding identity ever since, and the modern zoning code preserves two residential districts plus PUD rules written around the existing character of large lots, lush vegetation, and quiet roads. The estate-character zoning has been actively defended in village politics and in court for decades.
The questions buyers actually ask
Bannockburn FAQ
The questions I get most from buyers shopping Bannockburn. If yours isn't here, text 224-385-8779, same-day reply.
- What schools do Bannockburn kids actually go to?
- Most village kids go to Bannockburn School (K to 8) under Bannockburn School District 106, then to Adlai E. Stevenson High School in Lincolnshire under District 125. Some Bannockburn addresses fall inside Deerfield Public Schools District 109 for K to 8 instead. Always verify by address before writing an offer.
- How long is the commute into Chicago?
- There is no Metra station in Bannockburn. The closest stop is Deerfield on the Milwaukee District North line, about 2 miles south, which runs 24.6 miles into Union Station. By car, plan on roughly 45 minutes to the Loop and about 30 minutes to O'Hare.
- What makes Bannockburn different from Deerfield right next door?
- Density and zoning. Deerfield is a typical platted North Shore suburb. Bannockburn was built from the ground up as an estate-style village with large residential lots and rural-feeling roads, and the village zoning code is explicitly written to preserve that character. Bannockburn has fewer than 1,100 residents on roughly 2 square miles, Deerfield has roughly 19,000.
- How bad are the property taxes?
- The median effective property tax rate in Bannockburn is about 2.22%, and the median annual property tax bill is roughly $24,409 per Ownwell, which is on the high end even by Lake County standards. That's the price of large lots and big homes inside one of the most expensive school feeder patterns in the state.
- Why are there so few homes here?
- Because the village was platted as country estates by Scottish developer William Aitken starting in 1924, and the zoning has kept lot sizes large ever since. The current code preserves large residential lot sizes and limited accessibility as the essential character of the village, and it's been actively defended for decades.
- Can my kids attend Trinity if I live in Bannockburn?
- Trinity International University is a private university, not a K-12 school. Local elementary, middle, and high school students use the public schools (D106 or D109 for K to 8, Stevenson D125 for 9 to 12). Trinity is open to the public for events, athletics, and seasonal programming.
- Where does anyone in Bannockburn buy groceries?
- Bannockburn Green at the southeast corner of Waukegan Road and Half Day Road, anchored by a Heinen's grocery store. It is essentially the only meaningful retail center inside the village, and most other shopping happens in Deerfield, Highland Park, or Lincolnshire.
- Who is the real estate agent for Bannockburn?
- Joe Keegan is the local licensed Illinois real estate broker who covers Bannockburn in Bannockburn, 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 Bannockburn specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Nearby
Towns next to Bannockburn.
If you’re cross-shopping the area, these are the places that border Bannockburn.
Your local agent
Joe knows Bannockburn
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
- Bannockburn specialist
- Honest local market take
- Brokerocity
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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