Buffalo Grove · Lake County · IL
Homes for sale in
Green Knolls.
- Active listings
- 3
- Median list
- $600K
- Avg time on market
- 29 days
- Sold · last year
- 6
Active listings
3 homes on the market
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About the community
An established lake-and-park neighborhood on the Lake County side of Buffalo Grove.
Green Knolls is an established single-family subdivision in the Lake County portion of Buffalo Grove, organized around Green Lake and the adjacent public park off Buffalo Grove Road south of Aptakisic Road. Homes date to the late 1970s and early 1980s, so the streetscape is mature, with established trees, sidewalks, and street lights. The neighborhood's signature feature is its lake-and-park focal point, which is unusual for its price tier, and it sits near a well-regarded set of schools.
At a glance
Green Lake + Reiner Park
A roughly 20-acre Buffalo Grove Park District site with a stocked catch-and-release lake at the heart of the neighborhood.
Established single-family homes
Detached two-story and split-level plans from the late 1970s and early 1980s, generally 3 to 5 bedrooms across a range of floor plans.
No mandatory HOA
No blanket HOA dues are confirmed, and the lake and park are maintained by the Park District rather than a private association.
Well-regarded schools
Reported assignment is Kildeer Countryside CCSD 96 and Adlai E. Stevenson High School. Confirm the exact assignment by address.
Trails and courts
Walking and bike paths, playgrounds, tennis and basketball courts, gardens, and exercise stations at Reiner Park.
Mature, tree-lined streets
A settled, lived-in feel with curbs, sidewalks, and mature landscaping throughout.
Metra North Central Service
The Buffalo Grove and Prairie View NCS stations serve the area, on a lighter weekday-focused schedule.
What’s close
Green Knolls sits off Buffalo Grove Road south of Aptakisic Road, near IL-83 (McHenry Road) and Lake Cook Road.
- Amenities on-site
- Green Lake and Reiner Park, with fishing, paths, playgrounds, tennis and basketball courts, and gardens, maintained by the Buffalo Grove Park District.
- Schools
- Reported as Kildeer Countryside CCSD 96 (Prairie Elementary, Twin Groves Middle) with Adlai E. Stevenson High School. Confirm by address, since Buffalo Grove crosses several districts.
- Shopping
- Everyday retail and grocery along McHenry Road and Lake Cook Road, with Deer Park Town Center a short drive away.
- Hospital
- Northwest Community Healthcare's Buffalo Grove outpatient center is close, with Endeavor Health Highland Park Hospital the nearest full-service hospital.
- Train
- Metra North Central Service at the Buffalo Grove and Prairie View stations, on a limited, mostly weekday schedule.
- Highway
- IL-83 (McHenry Road) runs north-south and Lake Cook Road runs east-west, with local access via Buffalo Grove Road and Aptakisic Road.
What it’s actually like to live here
Green Knolls suits buyers who want a settled, low-key Buffalo Grove neighborhood built around outdoor space rather than new construction. The centerpiece is Reiner Park and Green Lake, where residents can fish a seasonally stocked lake, walk the paths, and use playgrounds and courts without leaving the neighborhood, and because the park is Park District land, that amenity comes without private HOA dues. The homes are practical family layouts from the late 1970s and early 1980s, often with generous room counts and yards.
Day to day, the location balances quiet residential streets with quick access to McHenry Road, Lake Cook Road, everyday shopping, and local healthcare. Commuters have two Metra North Central Service stations nearby, which is a genuine convenience for downtown trips, though the NCS schedule is limited compared with busier Metra lines, so schedule fit matters. This remains a car-oriented suburb, and most errands mean a short drive.
The honest tradeoffs are the age of the housing stock and the tax load. Homes here are more than forty years old, so condition varies and many will want updating to kitchens, baths, and mechanicals. Lake County property taxes are meaningful and deserve careful budgeting. School assignment, while reported as a well-regarded pairing, must be confirmed by address given how Buffalo Grove's district lines cross the village. For buyers who value mature trees, a real neighborhood lake, and strong-reputation schools, Green Knolls is a strong fit.
The questions buyers actually ask
Green Knolls FAQ
The questions I get most from buyers shopping Green Knolls. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- No mandatory homeowners association dues are confirmed for Green Knolls, which is typical of Buffalo Grove's late-1970s and early-1980s single-family tracts. The neighborhood's lake and park are owned and maintained by the Buffalo Grove Park District rather than a private association, so that recreation is publicly funded. Confirm any street-specific association or dues at the listing level.
- What are property taxes like?
- Roughly $13,000 – $18,000 per year, depending on home size and value. Lake 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.
- What kind of homes are in Green Knolls?
- Detached single-family homes from the late 1970s and early 1980s, mostly two-story and split-level plans with 3 to 5 bedrooms across a range of builder floor plans.
- Is there an HOA, and what does it cost?
- No mandatory HOA dues are confirmed. Green Knolls is not on the Village of Buffalo Grove's HOA contact list, and the neighborhood's lake and park are maintained by the Buffalo Grove Park District rather than a private association. Confirm any street-specific dues at the listing level.
- What are the schools?
- Reported assignment is Kildeer Countryside CCSD 96 (Prairie Elementary, Twin Groves Middle) with Adlai E. Stevenson High School. Because Buffalo Grove crosses several districts, confirm the exact assignment for a specific address before you rely on it.
- What is there to do in the neighborhood?
- Reiner Park, formerly Green Lake Park, anchors the community with a roughly 20-acre park and Green Lake: catch-and-release fishing, walking and bike paths, playgrounds, tennis and basketball courts, gardens, and exercise stations.
- How is the commute to Chicago?
- Two Metra North Central Service stations serve the area, Buffalo Grove and Prairie View, with rides to Union Station, plus easy access to IL-83 and Lake Cook Road. Note that the NCS runs a limited, mostly weekday schedule, so check whether the timetable fits your routine.
- What do homes cost and how is the market?
- Pricing depends heavily on size and how much a home has been updated. Rather than quote a figure that goes stale, see the live Market snapshot on this page for current listing and sale activity in Green Knolls.
- Who is the real estate agent for Green Knolls?
- Joe Keegan is the local licensed Illinois real estate broker who covers Green Knolls in Buffalo Grove, 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 Green Knolls 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 Green Knolls
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
- Buffalo Grove specialist
- Honest local market take
- Brokerocity
Market snapshot
Green Knolls, 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
$599,900
Typical sale price · last 90 days
$650,000
Homes for sale right now
3
Avg time on market
29 days
Sold in the last year
6
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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