Pingree Grove · Kane County · IL
Homes for sale in
Cambridge Lakes.
- Active listings
- 49
- Median list
- $360K
- Avg time on market
- 26 days
- Sold · last year
- 265
Active listings
49 homes on the market
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About the community
A large, amenity-rich master-plan in far-northwest Kane County.
Cambridge Lakes is a roughly 1,164-acre master-planned community in Pingree Grove developed by Cambridge Homes from the mid-2000s, planned for close to 3,000 homes across single-family, duplex, townhome, and condo product, plus a dedicated 55+ enclave. Two things define it: an unusually large amenity package for the price point, a 30,000 sq ft community center with three pools, extensive ball fields, a skate park, 12 lakes, and 5.2 miles of trails, and a public charter school inside the community. It was named best overall suburban community in greater Chicagoland at the 2007 Key Awards and still has active new construction from D.R. Horton today.
At a glance
Community center + 3 pools
A roughly 30,000 sq ft center with a gym, fitness and aerobics rooms, and three outdoor pools.
12 lakes, 5+ miles of trails
Over 360 acres of open space, 12 lakes, and 5.2 miles of walking and biking trails.
On-site charter school
Cambridge Lakes Charter School, a public District 300 charter, sits inside the community.
Ball fields + skate park
Five baseball diamonds, three soccer fields, multiple playgrounds, and a skate park.
Carillon 55+ enclave
A separate age-restricted section of 943 homes with its own clubhouse, pools, and 3-hole golf.
New construction still selling
D.R. Horton is actively delivering Cambridge Lakes North townhomes in 2025 to 2026.
District 300 schools
Community Unit School District 300, with the on-site charter as a public option.
I-90 corridor
Markets its proximity to I-90 toward Chicago and Rockford, with Randall Road retail to the east.
What’s close
Cambridge Lakes sits in Pingree Grove, about 7 miles northwest of Elgin, with I-90 the main commuter spine and the Randall Road corridor the everyday retail hub.
- Amenities on-site
- The community center with three pools and a gym, ball fields, a skate park, 12 lakes, and miles of trails.
- Shopping
- The Randall Road corridor to the east in Elgin and South Elgin, plus retail in Huntley to the west.
- Highway
- I-90 (Jane Addams Tollway) for the trip toward O'Hare, Chicago, and Rockford.
- Schools
- Community Unit School District 300, with the on-site Cambridge Lakes Charter School as a public option.
- Train
- No Metra station in Pingree Grove. Rail commuters drive to Elgin-area Milwaukee District West stations.
- 55+ living
- Carillon at Cambridge Lakes, a separate age-restricted enclave with its own clubhouse and amenities.
What it’s actually like to live here
Cambridge Lakes reads as a value-oriented, family-heavy community with genuinely large amenities for the money. Its scale means a wide buyer mix: first-time buyers and young families drawn by affordable new and near-new construction, move-up families in the larger single-family plans, and active adults in the Carillon 55+ enclave. The community center with three pools and a gym, the ball fields and skate park, the 12 lakes and five-plus miles of trails give day-to-day life a recreation-forward, kid-friendly rhythm, and the on-site public charter school is a real differentiator.
Daily life is suburban and car-centric. Most errands run along Randall Road to the east or toward Huntley to the west, and I-90 is the spine for commuting and regional trips. The community still has active new construction from D.R. Horton, so some neighborhoods keep a newer, still-building feel while the mid-2000s sections are fully mature with grown landscaping.
The honest tradeoffs are commute and taxes. There is no Metra station in Pingree Grove, so rail commuters drive to Elgin-area stations, and downtown Chicago is a real haul at roughly 45 miles. Kane County property taxes run high, an effective rate near 2.6 percent, so the tax bill is the single biggest carrying cost to model per address. The multi-tier HOA also means attached-home owners pay meaningfully more than single-family owners, so the dues are not one number.
The questions buyers actually ask
Cambridge Lakes FAQ
The questions I get most from buyers shopping Cambridge Lakes. If yours isn't here, text 224-385-8779, same-day reply.
- How much is the HOA?
- Single-family homes are $60 per month.
- What does the HOA actually cover?
- Cambridge Lakes uses a master association plus neighborhood sub-associations, so dues vary widely by home type, roughly $20 to $430 a month. Single-family lots pay the lower master tier, while townhomes and condos pay more for exterior and grounds maintenance. Dues fund the community center, the three pools, the trails, lakes, parks, and common areas. Confirm the exact assessment for the specific home.
- What are property taxes like?
- Roughly $7,000 – $13,000 per year, depending on home size and value. Kane County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was Cambridge Lakes built?
- Cambridge Homes, with D.R. Horton and Ashton Woods (D.R. Horton building new construction today) built the community between 2005 and 2026.
- 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 a 55+ section in Cambridge Lakes?
- Yes. Carillon at Cambridge Lakes is a dedicated 55+ enclave of 943 homes with its own clubhouse, indoor and outdoor pools, fitness, tennis, bocce, and a 3-hole golf course, built from 2007 to 2019. It is not a Del Webb community.
- What school district serves Cambridge Lakes?
- Community Unit School District 300. The community also has an on-site public charter, Cambridge Lakes Charter School. Neighborhood District 300 schools in the area include Gary D. Wright Elementary, Hampshire Middle School, and Hampshire High School. Confirm the assignment for a specific address.
- Are there still new-construction homes available?
- Yes. D.R. Horton is actively selling Cambridge Lakes North townhomes, three-story units of roughly 1,580 to 1,830 sq ft, alongside resales. Availability changes, so confirm current inventory.
- What do the HOA dues cover and how much are they?
- There is a master association plus neighborhood sub-associations. Total monthly dues range roughly $20 to $430 depending on home type. Single-family lots pay the master tier only, while townhomes and condos pay more for exterior and grounds upkeep. Dues fund the community center, pools, trails, lakes, and common areas.
- How is the commute to Chicago?
- Car-dependent. I-90 is the main corridor and downtown Chicago is about 45 miles southeast. There is no Metra station in Pingree Grove, so rail commuters use Elgin-area stations on the Milwaukee District West line.
- How high are property taxes?
- High, typical of Kane County exurbs, with an effective rate near 2.6 percent. Budget roughly 2.5 percent or more of the home value per year and confirm the actual bill per parcel.
- Who is the real estate agent for Cambridge Lakes?
- Joe Keegan is the local licensed Illinois real estate broker who covers Cambridge Lakes in Pingree 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 Cambridge Lakes 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 Cambridge Lakes
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
- Pingree Grove specialist
- Honest local market take
- Brokerocity
Market snapshot
Cambridge Lakes, 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
$359,990
Typical sale price · last 90 days
$360,000
Homes for sale right now
49
Avg time on market
26 days
Sold in the last year
265
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 29, 2025 through August 29, 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 Cambridge Lakes
Where Cambridge Lakes homes go to school
Homes in Cambridge Lakes are most often zoned to Hampshire 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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