Lindenhurst · Lake County · IL
Homes for sale in
Waterford Woods.
- Active listings
- 1
- Median list
- $340K
- Avg time on market
- 24 days
- Sold · last year
- 4
Active listings
1 home on the market
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About the community
A settled, attainable neighborhood on Lindenhurst's west side.
Waterford Woods is an established single-family neighborhood on the west side of Lindenhurst, a quiet residential village in central Lake County about 45 miles north of downtown Chicago. The community sits south of Grass Lake Road and west of U.S. Route 45, near the small lakes and forest preserves that define this part of the county. Homes were built primarily from the late 1970s through 2000, with the core dating to the mid-1980s, so the streetscape has mature trees, established landscaping, and larger lots than newer construction. Streets include Waterford Drive, High Point Drive, Mallard Drive, and Pheasant Ridge Court. The overall character is settled, family-oriented, and attainable for the area.
At a glance
Established single-family
Detached homes built largely late 1970s to 2000, a mix of two-story, split-level, and ranch plans.
Mature lots
The mid-1980s core means filled-in trees and more generous lots than newer infill construction.
Split-district schools
Lindenhurst spans several elementary districts and the exact assignment for Waterford Woods must be confirmed by address.
CHSD 117 high school
The neighborhood sits in Community High School District 117, likely Lakes Community High School in Lake Villa. Confirm by address.
Parks and preserves
Close to Lindenhurst Park District beaches and parks and Lake County forest preserves like McDonald Woods.
U.S. 45 and IL-132
U.S. Route 45 borders the east edge and Grand Avenue (IL-132) is the main commercial route just south.
Gurnee shopping
Gurnee Mills and the wider Gurnee retail and entertainment cluster are a short drive east.
No confirmed HOA
Waterford Woods is not listed in the village's HOA directory. Confirm any association or dues before you buy.
What’s close
Waterford Woods sits in west Lindenhurst near Grass Lake Road and U.S. Route 45, in the chain-of-lakes corner of central Lake County.
- Highway
- U.S. Route 45 along the east edge and IL-132 (Grand Avenue) just south, with I-94 several miles east.
- Train
- No station in Lindenhurst; the nearest Metra is Lake Villa on the North Central Service line, a short drive away.
- Shopping
- Everyday retail along Grand Avenue, with Gurnee Mills and the Gurnee cluster a short drive east.
- Hospital
- Advocate Condell Medical Center in Libertyville and Vista Medical Center East in Waukegan are within a typical Lake County drive.
- Schools
- Lindenhurst is split among Lake Villa CCSD 41, Antioch CCSD 34, and Millburn CCSD 24 for elementary; high school is CHSD 117. Confirm the exact assignment by address.
- Parks
- Lindenhurst Park District beaches, parks, and community center, plus McDonald Woods Forest Preserve.
What it’s actually like to live here
Waterford Woods offers the kind of settled, low-key suburban living that draws families and long-term owners to central Lake County. The homes sit on established, tree-lined streets with mature landscaping, and the mid-1980s core means lots and floor plans tend to be more generous than newer infill construction. Day-to-day life leans outdoors: the Lindenhurst Park District's beaches, parks, and community center are close, forest preserves are minutes away, and the surrounding chain of lakes supports boating, fishing, and walking. For buyers who want space, quiet, and a real yard at an attainable price point for the area, it delivers.
The honest tradeoffs are common to this corner of the county. There is no Metra station in Lindenhurst itself, so rail commuters drive to Lake Villa first, and the trip to downtown Chicago is a genuine long-haul commute best suited to hybrid or occasional-office schedules. Lake County's property-tax burden is real and sits at the higher end for Illinois, which buyers should underwrite carefully. And because these homes were largely built between the late 1970s and 2000, condition varies widely, so inspection diligence matters.
The other item to go in with eyes open is schools. Lindenhurst is genuinely split among several elementary districts, and Waterford Woods' assignment is not something to assume from a listing site. For families where a specific school matters, confirm the assigned elementary and high school for the exact address before falling in love with a house. Handle that homework up front and Waterford Woods rewards buyers with a quiet, established, family-friendly setting that is easy to like.
Market trends
Why this market moves the way it does
Waterford Woods is an attainable, established neighborhood where value comes from space, mature lots, and a family-friendly setting rather than an amenity package. Because the stock spans roughly two decades of construction, condition and updates separate the strong homes from the dated ones.
What holds value
The fundamentals matter more than the cosmetics here. Buyers want floor plan, lot, and basement, in that order. Cosmetics are the tiebreaker.
- Attainable price point
- Detached single-family homes at a price that is accessible for Lake County support steady buyer interest.
- Mature lots
- The mid-1980s core gives filled-in trees and larger yards that newer subdivisions cannot match.
- Outdoor access
- Proximity to Lindenhurst parks, beaches, and the forest preserves is a durable draw for families.
- Condition and updates
- With a wide build range, updated homes hold value while original-condition houses lag and need pricing accordingly.
- Commute reality
- The lack of an in-town Metra station tempers demand from daily downtown commuters and rewards hybrid buyers.
Real talk
Who shouldn’t buy here
Here is the honest version before you tour.
Lake County property taxes are among the higher effective rates in Illinois, so the monthly cost of ownership runs above what the purchase price alone suggests. Pull the actual most-recent tax bill for the specific parcel rather than assuming a flat figure.
There is no Metra station in Lindenhurst, so a daily downtown commute means driving to Lake Villa first and a long ride from there. If your work is fully in-office downtown, factor that honestly before you commit.
These homes span the late 1970s to 2000, so condition varies widely. Some have been beautifully updated and others still carry original systems, roofs, and kitchens, so inspect closely and price the difference in.
One piece of advice
“Waterford Woods is a quiet, established, attainable pocket of Lindenhurst with mature lots and easy access to the lakes and preserves. Just underwrite the Lake County taxes on the specific home, confirm the elementary and high school assignment for the exact address, and inspect closely given the twenty-year range of construction. Do that and it is an easy neighborhood to like.”
The questions buyers actually ask
Waterford Woods FAQ
The questions I get most from buyers shopping Waterford Woods. If yours isn't here, text 224-385-8779, same-day reply.
- What are property taxes like?
- Roughly $7,000 – $11,000 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.
- Is Waterford Woods a real, named subdivision in Lindenhurst?
- Yes. It is a recognized single-family subdivision on the west side of Lindenhurst, south of Grass Lake Road and west of U.S. Route 45, with streets such as Waterford Drive, High Point Drive, and Mallard Drive. It is a different community from Waterford Commons, a separate Lindenhurst townhome development.
- When were the homes built and what style are they?
- Primarily from the late 1970s through 2000, with the core dating to the mid-1980s. Expect detached single-family homes in two-story, split-level, and ranch styles, typically three to four bedrooms with attached garages and a broad range of square footage.
- Is there an HOA and what does it cost?
- No mandatory HOA was confirmed in the Village of Lindenhurst's association directory, which suggests there is either no active formal HOA or only a voluntary one. Do not confuse it with Waterford Commons, which does carry assessments. Confirm any dues or covenants through the seller's disclosure and title before you buy.
- What schools serve Waterford Woods?
- This must be verified by address. Lindenhurst is split among Lake Villa CCSD 41, Antioch CCSD 34, and Millburn CCSD 24 for elementary, and listing sites disagree on which covers Waterford Woods. The high school is within CHSD 117, likely Lakes Community High School in Lake Villa, though parts of Lindenhurst feed Grayslake North in District 127. Confirm the exact assignment with the districts before relying on it.
- How is the commute and access to highways and trains?
- U.S. Route 45 borders the community and IL-132 (Grand Avenue) is the main commercial route just south, with I-94 several miles east toward Chicago and Milwaukee. There is no Metra station in Lindenhurst; the nearest is Lake Villa on the North Central Service line, so rail commuters should plan to drive to the station.
- What do homes cost here and how is the market?
- Waterford Woods is generally attainable for the Lindenhurst area, with a wide spread depending on size and condition. For current, accurate pricing and market activity, please refer to the live Market snapshot on this page rather than a fixed number.
- Who is the real estate agent for Waterford Woods?
- Joe Keegan is the local licensed Illinois real estate broker who covers Waterford Woods in Lindenhurst, 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 Waterford Woods 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 Waterford Woods
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
- Lindenhurst specialist
- Honest local market take
- Brokerocity
Market snapshot
Waterford Woods, 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
$339,900
Homes for sale right now
1
Avg time on market
24 days
Sold in the last year
4
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 2, 2025 through August 2, 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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Schools serving Waterford Woods
Where Waterford Woods homes go to school
Homes in Waterford Woods are most often zoned to Lakes CHS. 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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