Volo · Lake County · IL
Homes for sale in
Oaks of Volo.
- Active listings
- 6
- Median list
- $360K
- Avg time on market
- 63 days
- Sold · last year
- 70
Active listings
6 homes on the market
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About the community
New Lennar townhomes on Volo's wetland edge.
Oaks of Volo is a brand-new townhome community built by Lennar in the Village of Volo, on the far northwest edge of Lake County. Homes are being delivered in the 2025 to 2026 window, and the community is actively selling. Lennar offers two collections here, the Traditional and Urban townhomes, all three-bedroom, two-and-a-half-bath plans with two-car garages, built under the Everything's Included program that bundles features into the base price rather than selling them as upgrades. The community backs to a protected wetland complex and natural open space, which gives it a quieter, greener backdrop than a typical infill townhome project.
At a glance
New construction by Lennar
Homes are being delivered in the 2025 to 2026 window, and the community is actively selling.
Townhomes only
Two collections, Traditional and Urban, all three-bedroom, two-and-a-half-bath plans with two-car garages.
Roughly 1,700 to 2,200 sq ft
Named plans run from about 1,717 up to about 2,221 square feet across the two collections.
Everything's Included
Lennar bundles many features into the base price rather than charging for them as upgrades.
Wetland-and-trail setting
The community backs to a high-quality wetland complex and natural open space, with a park and walking trails.
Big Hollow and Grant schools
Lennar lists Big Hollow District 38 for elementary and middle and Grant District 124 for high school.
Everyday shopping close
Aldi, Jewel-Osco, and Woodman's are within a couple of miles along Route 12.
Volo landmarks nearby
The Volo Auto Museum and Volo Bog State Natural Area are a short drive away.
Car-first commute
Volo has no Metra station; rail commuters drive to Fox Lake or Round Lake Beach.
What’s close
Oaks of Volo sits just off U.S. Route 12 (Rand Road), the main corridor through Volo, with Route 120 and Route 60 nearby toward Round Lake, Mundelein, and Libertyville.
- Amenities on-site
- A park and playground, walking trails, and a wetland-and-open-space buffer along the community's edge.
- Shopping
- Aldi, Jewel-Osco, Woodman's, and quick-service dining within roughly one to two miles along Route 12.
- Outdoors
- Moraine Hills State Park, Volo Bog State Natural Area, and the Round Lake Area Park District nearby.
- Hospital
- Regional options include Advocate Condell Medical Center in Libertyville and Northwestern Medicine McHenry Hospital.
- Train
- No Metra station in Volo; the nearest service is in neighboring communities such as Fox Lake and Round Lake Beach.
- Schools
- Lennar lists Big Hollow School District 38 for elementary and middle and Grant Community High School District 124; confirm by address.
What it’s actually like to live here
Oaks of Volo is built for buyers who want a brand-new, lock-and-leave townhome without the upkeep of a detached house or an older resale. The Everything's Included approach means the finishes in the model are largely what comes in the home, which simplifies the purchase and appeals to first-time buyers, downsizers, and commuters who would rather spend weekends at Moraine Hills or the Chain O'Lakes than cleaning gutters. The wetland buffer and trail give the community a more natural setting than most townhome projects, and everyday needs sit within a couple of miles along Route 12.
The honest tradeoffs come with the territory. This is a small, still-growing village, not an established suburb with a downtown, so residents trade walkable amenities and deep local retail for space, newness, and a lower price of entry than closer-in Lake County suburbs. During the 2025 to 2026 build-out, expect active construction nearby, and the reality that HOA rules, dues, and the final amenity set are locked in by the developer while the association is builder-controlled early on.
Lake County's property-tax load is the other thing to go in with eyes open about. Taxes here run well above the national norm, and on a new home the assessed value and the bill typically climb once the house is fully on the rolls, so the first year is not the stabilized number. For the right buyer, though, the math works: a new, low-maintenance townhome with modern finishes and a wetland-and-trail setting, at a price point that is hard to match closer to Chicago.
Market trends
Why this market moves the way it does
Oaks of Volo trades as a new-construction townhome community, so the builder sets pricing and incentives and early resales compete against brand-new inventory. Because it is townhomes only, comparisons are cleaner than in a mixed community, but buyers should still weigh plan, collection, and lot position.
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.
- Builder sets the comp
- With Lennar still selling, resales compete against brand-new homes and current builder incentives, so pricing has to account for that.
- Collection and plan
- The Traditional and Urban collections and the larger plans carry different price points, so compare like for like.
- Lot and setting
- Homes backing to the wetland buffer or open space carry appeal over interior units.
- Low-maintenance draw
- The lock-and-leave format and Everything's Included finishes are a durable draw for first-time buyers and downsizers.
- Schools
- The Big Hollow and Grant assignment Lennar lists is a demand factor for families, subject to address verification.
Real talk
Who shouldn’t buy here
Here is the honest version before you tour.
You are buying into a community that is still under construction. Expect trucks, unfinished lots, and a neighborhood that is still filling in through 2025 and 2026, plus a homeowners association that is builder-controlled in the early years.
Lake County property taxes run well above the national norm, and a new home's first-year bill is often based on land or a partial assessment and then rises once the home is fully assessed. Do not assume the initial figure is the stabilized bill; verify with the county assessor for the specific parcel.
This is Volo, a small village rather than an established suburb, and there is no Metra station in town, so daily rail commuters drive to Fox Lake or Round Lake Beach. If you want walkable amenities or a train you can stroll to, this is not that; if you want a new townhome, trails, and space at an attainable price, it fits.
One piece of advice
“Oaks of Volo is a clean way to buy a brand-new, low-maintenance townhome in Lake County at a price that is hard to match closer in. Confirm the current HOA dues and what they cover, verify the Big Hollow and Grant school assignment for the exact address, and go in understanding that the first-year tax bill on a new home will climb once it is fully assessed. Do that and it is a sensible new-construction buy.”
The questions buyers actually ask
Oaks of Volo FAQ
The questions I get most from buyers shopping Oaks of Volo. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Yes, there is a homeowners association for this townhome community. Listing sources report dues of roughly $185 per month; confirm the current amount and exactly what it covers (typically open space, the park and trails, and exterior or grounds upkeep consistent with low-maintenance townhome living) with Lennar and the HOA documents before closing.
- What are property taxes like?
- Roughly $7,000 – $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.
- When was Oaks of Volo built?
- Lennar built the community between 2025 and 2026.
- What's the typical closing timeline?
- 30 to 45 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 45.
- Who builds Oaks of Volo and is it new construction?
- Yes. Oaks of Volo is a new-construction townhome community built by Lennar, with homes being delivered in the 2025 to 2026 timeframe, and it is actively selling.
- Are these single-family homes or townhomes?
- Townhomes only. Lennar offers two collections, the Traditional and Urban townhomes, all three-bedroom, two-and-a-half-bath plans with two-car garages, running roughly 1,717 to 2,221 square feet.
- What schools would my kids attend?
- Based on Lennar's listing for this community, homes are zoned to Big Hollow School District 38 for elementary and middle school and to Grant Community High School District 124 for high school. Because Volo addresses can fall in different districts, confirm the exact assignment for your specific homesite with the district before you buy.
- Is there an HOA and what does it cost?
- Yes, there is a homeowners association. Dues are reported at roughly $185 per month by listing sources; confirm the current amount and exactly what it covers, such as open space, the park and trails, and any exterior or grounds services, with Lennar and the HOA documents before closing.
- What does a home here cost and how is the market?
- Pricing and inventory change often on a new-construction community. Rather than a number that goes stale, check the live Market snapshot on this page for current pricing, availability, and recent activity, and confirm builder incentives directly with Lennar.
- What are the amenities and the setting like?
- The community has a park and playground and walking trails, and it backs to a protected wetland complex and natural open space. There is no clubhouse or pool indicated in the builder materials. Nearby you will find Volo Bog State Natural Area, Moraine Hills State Park, the Volo Auto Museum, and everyday shopping along Route 12.
- Who is the real estate agent for Oaks of Volo?
- Joe Keegan is the local licensed Illinois real estate broker who covers Oaks of Volo in Volo, 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 Oaks of Volo 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 Oaks of Volo
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
- Volo specialist
- Honest local market take
- Brokerocity
Market snapshot
Oaks of Volo, 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
$345,165
Homes for sale right now
6
Avg time on market
63 days
Sold in the last year
70
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 4, 2025 through August 4, 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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