Land Market Insights and Pricing in Lake County, Illinois

Lake County, Illinois, offers a diverse landscape dominated by its extensive Lake Michigan shoreline and numerous inland glacial lakes. With 67.6% of its 1,368 square miles covered in water, the county provides abundant waterfront opportunities. The flat terrain features a mix of suburban development, particularly in the affluent North Shore area, and significant green spaces including forest preserves and state parks. Illinois Beach State Park showcases six miles of lakefront, dunes, and rare ecosystems. The western region, centered around the Chain O'Lakes, is a haven for recreation and residential communities. While the county boasts higher median worker earnings ($50,322) than the national average, potential land buyers should note the higher-than-average property tax rate of 2.68%. The area's strong focus on education and healthcare, employing 20.2% of the workforce, contributes to its economic stability.