Mundelein · Lake County · IL
Homes for sale in
Lakewood Heights.
- Active listings
- 2
- Median list
- $355K
- Avg time on market
- 18 days
- Sold · last year
- 2
Active listings
2 homes on the market
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About the community
Attainable, established detached homes near downtown Mundelein.
Lakewood Heights is a long-established neighborhood of detached single-family homes just south and east of downtown Mundelein, in western Lake County. The homes are mostly mid-century and later-20th-century, filled in over several decades, and there is no mandatory homeowners association, which keeps it one of Mundelein's more attainable detached-home pockets. Streets are mature and tree-lined, walkable to parts of downtown Mundelein, and the Mundelein Park and Recreation District's lakes, beach, aquatic center, and dozens of parks are all a short drive away.
At a glance
Detached homes
Established mid-century single-family homes, most built from the 1950s through the early 1980s.
Attainable pricing
One of Mundelein's more attainable detached-home neighborhoods for buyers seeking a starter or value home.
No mandatory HOA
No community-wide dues found, typical of an older established neighborhood. Verify per property.
Park-district recreation
Diamond Lake's beach, the Barefoot Bay aquatic center, Steeple Chase Golf, and dozens of parks nearby.
Metra in town
Mundelein has a station on the North Central Service line, with the more frequent MD-N line at nearby Libertyville.
Confirm the school district
The pocket straddles Mundelein District 75 and Diamond Lake District 76, with Mundelein High School District 120. Verify by address.
What’s close
Lakewood Heights sits just south of downtown Mundelein near Route 45 (Lake Street), within a short drive of the village's lakes, parks, and retail corridors.
- Setting
- An established residential pocket south and east of downtown Mundelein, walkable to parts of the downtown core.
- Schools
- The area straddles Mundelein ESD 75 and Diamond Lake SD 76, with Mundelein High School District 120 for high school. Confirm the assignment by address.
- Recreation
- Mundelein Park and Recreation District parks, Diamond Lake's beach, the Barefoot Bay aquatic center, and Steeple Chase Golf.
- Shopping
- Downtown Mundelein and the Route 60 and Route 45 corridors, with larger retail toward Vernon Hills and Libertyville.
- Hospital
- Advocate Condell Medical Center in nearby Libertyville, a Level I trauma center.
- Train
- The Mundelein station on the Metra North Central Service line (weekday service), with the more frequent Milwaukee District North line at Libertyville.
What it’s actually like to live here
Lakewood Heights suits a buyer who wants a detached, single-family home in Mundelein at an attainable price and is comfortable with an older, established neighborhood rather than new construction. Streets are mature and residential, walkable to parts of downtown Mundelein, and close to everyday retail and services along Route 45 and Route 60. With no mandatory HOA, owners avoid community-wide dues and architectural rules, though upkeep of shared impressions falls to individual owners.
The Mundelein Park and Recreation District is a genuine quality-of-life asset for this pocket. Diamond Lake's beach, the Barefoot Bay aquatic center, Steeple Chase Golf, and dozens of neighborhood parks are all a short drive, giving families a lot of outdoor recreation without paying private-association dues. Downtown Mundelein's shops, restaurants, and community events round out the everyday livability.
The honest tradeoffs are worth stating plainly. The homes are older, so buyers should budget for the maintenance and updating that come with mid-century housing. Commuting by train is not as simple as the headline suggests: the in-town Metra station is on the weekday-only North Central Service line, so many regular Chicago commuters drive the few miles to Libertyville for the more frequent Milwaukee District North line. And Lake County property taxes are high, which offsets some of the attractive purchase pricing and should be modeled before buying.
The questions buyers actually ask
Lakewood Heights FAQ
The questions I get most from buyers shopping Lakewood Heights. If yours isn't here, text 224-385-8779, same-day reply.
- What are property taxes like?
- Roughly $6,000 – $10,000 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 there an HOA in Lakewood Heights?
- No mandatory homeowners association could be found, which is common for established mid-century Mundelein neighborhoods, so there do not appear to be community-wide dues. Confirm on any specific property, since a particular parcel could belong to a separate lake or amenity association.
- What schools would my kids attend?
- It depends on the exact address. The neighborhood straddles Mundelein Elementary District 75 and Diamond Lake District 76, with Mundelein High School District 120 for high school. The village itself warns that districts here do not follow ZIP boundaries, so verify by address before relying on it.
- How old are the homes and what condition should I expect?
- Most are mid-century detached homes, built roughly from the 1950s through the early 1980s. Expect character and mature lots, but budget for age-related updates to mechanicals and finishes, and inspect thoroughly.
- Can I take the train to Chicago?
- Yes, with a caveat. Mundelein has a Metra station on the North Central Service line, but that line runs weekdays only with limited trains. For more frequent service, most commuters use the Milwaukee District North line at nearby Libertyville.
- Are the property taxes high?
- Yes. Lake County has some of the higher effective property-tax rates in the country, and the exact figure depends on which overlapping school and taxing districts apply to your specific home. Model the tax before you buy.
- What do homes cost and how is the market?
- Lakewood Heights is generally one of Mundelein's more attainable detached-home neighborhoods, but pricing moves with the market. See the live Market snapshot on this page for current list prices, recent sales, and how fast homes are moving.
- Who is the real estate agent for Lakewood Heights?
- Joe Keegan is the local licensed Illinois real estate broker who covers Lakewood Heights in Mundelein, 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 Heights 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 Heights
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
- Mundelein specialist
- Honest local market take
- Brokerocity
Market snapshot
Lakewood Heights, 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
$354,950
Homes for sale right now
2
Avg time on market
18 days
Sold in the last year
2
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 10, 2025 through August 10, 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
- No obligation, no spam, no auto-dialer
Schools serving Lakewood Heights
Where Lakewood Heights homes go to school
Homes in Lakewood Heights are most often zoned to Mundelein 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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