Wheeling · Cook County · IL
Homes for sale in
Lexington Commons.
- Active listings
- 2
- Median list
- $290K
- Avg time on market
- 15 days
- Sold · last year
- 16
Active listings
2 homes on the market
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About the community
A maintained, affordable attached-home community in Wheeling.
Lexington Commons is an established attached-home community of condominiums and townhome-style residences in Wheeling, on the east side of Route 83 and north of Dundee Road, built across the late 1970s and into the 1980s. It is a mature, professionally managed neighborhood of interior lanes and courts, oriented to first-time buyers, downsizers, and investors who want a low-maintenance home at an attainable Wheeling price. Shared amenities and a location minutes from Wheeling's Restaurant Row and its Metra station are the core of the pitch.
At a glance
Attached homes only
Condominium and townhome-style residences, generally two- and three-bedroom plans; no single-family detached section.
Roughly 1,000 to 1,600 sqft
Several original floor plans, with most homes in the 1,100 to 1,400 square foot range.
Pool and clubhouse
Community amenities include a clubhouse and party room, a pool, an exercise room, and tennis.
Low-maintenance living
The association handles exterior and common-area upkeep, landscaping, and snow removal.
CCSD 21 and District 214
Elementary and middle in Wheeling CCSD 21; high school in Township High School District 214.
Near Restaurant Row
Wheeling's Milwaukee Avenue Restaurant Row and Wheeling Town Center are minutes away.
Metra in Wheeling
The Metra North Central Service Wheeling station serves Chicago Union Station on a limited weekday schedule.
What’s close
Lexington Commons sits in Wheeling near Route 83 (McHenry Road) and Dundee Road, with Milwaukee Avenue and the Tri-State Tollway close for regional trips.
- Amenities on-site
- A clubhouse and party room, community pool, exercise room, tennis, and walking paths for residents.
- Shopping and dining
- Wheeling Town Center and Milwaukee Avenue's Restaurant Row minutes away, with Hawthorn Mall a short drive north in Vernon Hills.
- Hospital
- Hospital care is available at facilities in the surrounding suburbs, including Endeavor Health Northwest Community Hospital in Arlington Heights; confirm the closest for a specific address.
- Highway
- Route 83, Dundee Road, Milwaukee Avenue, and the I-294 Tri-State Tollway for regional driving.
- Train
- Metra North Central Service at the Wheeling station into Chicago Union Station, on a limited weekday schedule.
- Schools
- Wheeling CCSD 21 for elementary and middle, and Township High School District 214 for high school; confirm the assigned schools by address.
What it’s actually like to live here
Lexington Commons offers a practical, low-maintenance version of northwest-suburban life. The homes are attached and association-managed, so exterior upkeep, landscaping, and snow removal are largely handled for you, which appeals to first-time buyers who want to stop renting, owners looking to downsize out of a single-family house, and investors. Inside the community there is a pool, a clubhouse, tennis, and walking paths, and the surrounding Wheeling Park District adds a genuinely strong amenity base, from the indoor Community Recreation Center to the 100-plus-acre Heritage Park with its lake, pavilion, and sports fields.
The location is a big part of the appeal. You are minutes from Wheeling Town Center and Milwaukee Avenue's Restaurant Row, one of the better-known suburban dining strips in the Chicago area, with Route 83, Dundee Road, and the Tri-State Tollway all close for drivers. Commuters have a Metra North Central Service station in Wheeling, though it is worth being honest that this line runs a limited weekday schedule compared with Metra's busier lines, so downtown rail commuters should check whether the timetable fits their routine.
The honest tradeoffs are the ones common to established attached-home communities. These are homes from the late 1970s and 1980s, so finishes and systems vary unit to unit and some have been updated to different standards than others. You will pay a monthly association assessment and live under association rules, which is the price of the hands-off maintenance and shared amenities. And like everywhere in Cook County, the effective property tax rate is high relative to the national norm. For buyers who value affordability, convenience, and a maintained lifestyle over a large private lot, the tradeoffs tend to be acceptable.
Market trends
Why this market moves the way it does
Lexington Commons trades as an affordable, maintained attached-home community, and value here leans on the low-maintenance lifestyle and location more than on the individual lot. Because the homes share a late-1970s and early-1980s vintage and a handful of floor plans, condition and updates separate the quick sales from the slow 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.
- Low-maintenance lifestyle
- The association handling exterior upkeep, snow, and landscaping is a durable draw for downsizers and busy first-time buyers.
- Location and dining
- Proximity to Restaurant Row, Wheeling Town Center, and the Metra station supports steady demand.
- Condition and updates
- With a common vintage and floor-plan set, updated units hold value while dated ones lag.
- Assessment level
- The monthly assessment and what it covers factor directly into buyer math on these attached homes.
Real talk
Who shouldn’t buy here
Here is the honest version before you tour.
These are attached homes with a mandatory association, so a monthly assessment is part of the deal. Read the association's budget, reserves, and paid-assessment letter carefully, and confirm what the assessment covers, because it is a real and recurring carrying cost on top of taxes.
Cook County effective property tax rates are high by national standards, generally in the range of roughly 2.1 to 2.4 percent of market value in the Wheeling area. Your actual bill depends on assessed value and exemptions, so check the specific unit's record with the Cook County Assessor and Treasurer rather than estimating.
School assignment in this area splits by address, both at the elementary and middle level and between Wheeling High School and Buffalo Grove High School for high school, so confirm the assigned schools for the specific unit with CCSD 21 and District 214. And note the homes are now over forty years old, so budget for age-related updates and inspect accordingly.
One piece of advice
“Lexington Commons is a sensible, affordable way into Wheeling if you want a maintained attached home near Restaurant Row and the Metra without a big-lot upkeep load. Just underwrite the monthly association assessment and read the reserves, pull the real Cook County tax figure for the specific unit, confirm the assigned schools by address, and buy on the home's own condition given its age. Do that and it is a solid value in a convenient location.”
The questions buyers actually ask
Lexington Commons FAQ
The questions I get most from buyers shopping Lexington Commons. If yours isn't here, text 224-385-8779, same-day reply.
- How much is the HOA?
- townhomes and condos are $430 per month.
- What does the HOA actually cover?
- Because these are attached condominium and townhome-style residences, ownership includes a mandatory association with monthly assessments reported roughly in the $330 to $529 range depending on the unit. Assessments of this type typically cover exterior building and grounds maintenance, landscaping and snow removal of common areas, common-area insurance, reserves, and shared amenities such as the clubhouse and pool. Confirm the exact amount and inclusions from the association's paid-assessment letter and budget before closing.
- What are property taxes like?
- Roughly $4,500 – $7,500 per year, depending on home size and value. Cook 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 kinds of homes are in Lexington Commons?
- Attached homes only: condominium and townhome-style residences, generally two- and three-bedroom plans from roughly 1,000 to 1,600 square feet across several original floor plans. There is no single-family detached section, which is part of why the community is one of the more attainable in Wheeling.
- Is there an HOA, and what does it cover?
- Yes. Ownership includes a mandatory condominium or townhome association with a monthly assessment reported roughly in the $330 to $529 range depending on the unit. It typically covers exterior and common-area maintenance, landscaping, snow removal, common-area insurance, reserves, and shared amenities. Confirm the exact amount and inclusions from the association's paid-assessment letter and budget before closing.
- What schools serve the community?
- Elementary and middle school fall under Wheeling Community Consolidated School District 21, and high school under Township High School District 214, which is Buffalo Grove High School or Wheeling High School depending on the address. Because boundaries split by address, confirm the exact assigned schools with both districts for the specific unit.
- What do homes cost and how is the market right now?
- Lexington Commons sits at the more attainable end of the Wheeling market and tends to draw first-time buyers, downsizers, and investors. Pricing and market pace change constantly, so check the live Market snapshot tiles on this page for current list prices, recent sales activity, and days on market rather than a fixed figure.
- How are the commute and transportation?
- Route 83, Dundee Road, Milwaukee Avenue, and the I-294 Tri-State Tollway are all close for drivers. Metra's North Central Service has a Wheeling station into Chicago Union Station, though it runs a limited weekday schedule, so verify the current timetable if you plan to commute downtown by rail.
- What are property taxes like?
- Cook County effective property tax rates are high by national standards, generally in the range of roughly 2.1 to 2.4 percent of market value in the Wheeling area. Your actual bill depends on assessed value and exemptions, so check the specific unit's record with the Cook County Assessor and Treasurer.
- Who is the real estate agent for Lexington Commons?
- Joe Keegan is the local licensed Illinois real estate broker who covers Lexington Commons in Wheeling, 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 Lexington Commons 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 Lexington Commons
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
- Wheeling specialist
- Honest local market take
- Brokerocity
Market snapshot
Lexington Commons, 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
$289,950
Typical sale price · last 90 days
$286,250
Homes for sale right now
2
Avg time on market
15 days
Sold in the last year
16
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 6, 2025 through August 6, 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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