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Market Snapshot
Lake Forest is one of the suburbs located in Illinois close enough to Chicago to be referred to as part of that big city. However, the truth is that the City of Lake Forest is a great city on its own. It has its own charm and attracts certain kinds of people. Lake Forest lies on the North Shore area of Chicago land and has pretty much kept some of the old charm that was there when it was founded. If you are looking for an Estate Lifestyle in a place with a low crime rate, great schools and wonderful amenities far from the hustle and bustle of the city then Lake Forest would be the ideal place for you.
Many notable architects and building designers have worked here to make Lake Forest what it is today. Buildings like Shaw's Market Square designed by the distinguished Howard van Doren and the designer of the futuristic House of Tomorrow, Fred Keck still stand and serve as historical places of interest in Lake Forest.
As a city, Lake Forest has been growing economically. There are top companies that have set up offices in Lake Forest like the Packaging Corporation of America, Brunswick and Trustmark Companies.
The city has a very good public school system and an easy access to top medical care at Northwestern Lake Forest Hospital. There are two colleges, Lake Forest College and Lake Forest Graduate School of Management. Most people who live in Chicago might know Lake Forest for its history of Polo. Lake Forest has also made its way into books and films that went on to become cult classics like F. Scott Fitzgerald’s Tender is the night, Stephen King’s IT and the movie Ocean’s twelve staring George Clooney and other notable actors.
Real Estate is expensive in Lake Forest, it always was and through the rise and fall of the economy, prices held steady. There has been a steady increase in the number of gated communities or master planned communities. Amberley Woods by K. Hovnanian Homes has custom homes priced at $900K +. Other builders who have projects in the area are Amrami Design Group, LaSalle Builders, Kulisch Construction Co Inc., Ryland Homes and others who do work in the Chicago area.
NewHomeSource has information on these builders, the homes that are being built in the area as well as information on Lake Forest and its surrounding towns. The task of finding a dream home to raise your family here can be made lot easier by making the realty website NewHomeSource as a guide for home shopping. The reason is simple, every house that surfaces the real estate market here automatically gets included in the data base of this site and can then be easily viewed with all its features adequately highlighted for comparison with others and final selection.
Searching for a new home community? Browse the 415 new homes in Lake Forest, Illinois below. If there is a new home being built to match your needs you are sure to find it here. There are currently 21 builders to choose from in 43 new home communities across the Lake Forest area. Choose from 267 home plans or the 50 quick move-in homes to find the perfect home for you in the Lake Forest area. With prices ranging from $314,990 to $1,244,500 and home sizes between 1,243 and 3,870 square feet there is sure to be a home that will fit your needs. Whether you need a small starter home or large family home, you will find homes in Lake Forest that have between 2 to 5 bedrooms and 2 to 4 bathrooms. You many also notice that newly built homes in Lake Forest are more expensive than resale homes. Before you let this deter you, remember there are tons of cost savings that come with buying a new home including less maintenance cost and energy cost. If you have any questions, fill out a lead form and a builder will contact you.