Lakelawn, Joliet, IL
Lakelawn — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lakelawn, Joliet, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Lakelawn Neighborhood Overview
Lakelawn is a residential neighborhood located in the southwest area of Joliet, Illinois. Characterized by its quiet streets and established homes, it offers a suburban atmosphere within the city limits. The community provides a balanced lifestyle with convenient access to urban amenities and natural spaces.
Lifestyle & Amenities
Residents enjoy a family-friendly environment with nearby parks and local shopping centers. The neighborhood's location provides relatively easy access to Joliet's broader retail and dining options. Community life is centered around its peaceful, residential character.
Real Estate Market
The Lakelawn housing market consists primarily of single-family homes. With a Census median home value of $262,200 and a current price per square foot around $193, the area represents a more affordable segment within the Joliet metro. The rental market also shows activity in the area.
Schools & Education
Families in Lakelawn are served by Joliet Public Schools District 86 and Joliet Township High School District 204. The neighborhood is in a community that supports several public school options. Parents should research specific school boundaries and ratings for the most current information.
Transportation & Connectivity
Major roadways like Illinois Route 53 and U.S. Route 52 provide connectivity for commuters. The neighborhood offers convenient access to Interstate 55, facilitating travel to Chicago and other suburbs. Public transportation options are available through the Joliet area's transit services.
Why Choose Lakelawn
Lakelawn appeals to homebuyers seeking an established, value-oriented community with a median household income above the national average. Its combination of affordability, quiet streets, and strategic location makes it a practical choice for families and professionals. The neighborhood offers a solid foundation for suburban living in the greater Joliet area.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Lakelawn Market Data
| Metric | Value |
|---|---|
| Median Home Price | $262K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $109K |
| Homeownership Rate | 90.0% |
| Renter-Occupied | 10.0% |
| Rental Vacancy Rate | 11.4% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60431 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Lakelawn, Joliet
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lakelawn, Joliet, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12