Diamond Lake Park, Mundelein, IL
Diamond Lake Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Diamond Lake Park, Mundelein, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Diamond Lake Park Neighborhood Overview
Diamond Lake Park is a residential neighborhood in Mundelein, Illinois, offering a classic suburban lifestyle. The community is centered around its namesake lake, providing scenic views and recreational opportunities. Its location in Lake County places residents within easy reach of major employment centers and amenities.
Lifestyle & Amenities
The neighborhood's defining feature is Diamond Lake itself, which serves as a hub for fishing, boating, and community gatherings. Residents enjoy a quiet, family-oriented atmosphere with local parks and green spaces. While specific retail and dining are found in nearby downtown Mundelein, the area provides a peaceful residential retreat.
Real Estate Market
The real estate in Diamond Lake Park primarily consists of single-family homes, many with attractive views of the water. According to U.S. Census data, the median home value in the area is approximately $292,200. This positions the neighborhood as an accessible option within the broader Lake County housing market.
Schools & Education
Homes in Diamond Lake Park are served by Mundelein Elementary School District 75 and Mundelein High School District 120. These public school districts are well-regarded in the region. Families have access to the full spectrum of educational services from elementary through high school.
Transportation & Connectivity
The neighborhood is conveniently located near major roadways, including Route 60/83 (Townline Road) and Route 45. This provides straightforward access to Interstate 94, facilitating commutes to Chicago, O'Hare Airport, and other northern suburbs. Public transit options are available through Metra's North Central Service at the nearby Mundelein station.
Why Choose Diamond Lake Park
Diamond Lake Park appeals to those seeking a stable, family-friendly community with the added benefit of lakefront living. The area boasts a strong median household income of about $104,405, reflecting its economic stability. It is an ideal choice for residents who value suburban tranquility, outdoor recreation, and convenient regional connectivity.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Diamond Lake Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $292K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $104K |
| Homeownership Rate | 74.3% |
| Renter-Occupied | 25.7% |
| Rental Vacancy Rate | 2.2% |
| Market Type | Seller's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60060 |
| 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 Diamond Lake Park, Mundelein
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Diamond Lake Park, Mundelein, IL. Explore the available cited neighborhood data on this page.
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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