Fair Oaks Estates, Waukegan, IL
Fair Oaks Estates — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Fair Oaks Estates, Waukegan, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Fair Oaks Estates Neighborhood Overview
Fair Oaks Estates is a residential neighborhood located in the northern Illinois city of Waukegan. Positioned near the coordinates 42.3636, -87.8448 within the 60079 ZIP code, it offers a suburban living environment. The area provides residents with a community-focused atmosphere close to the amenities of a larger city.
Lifestyle & Amenities
Residents enjoy a quiet, family-oriented lifestyle with easy access to local parks and everyday conveniences. The neighborhood's location in Waukegan places it within reach of shopping centers, dining options, and recreational facilities. Its setting provides a balance between suburban tranquility and urban accessibility.
Real Estate Market
The real estate market in Fair Oaks Estates features primarily single-family homes. According to recent data, the median home value is approximately $225,000, with a current price per square foot around $125. This indicates a market that offers value for homebuyers in the Waukegan area.
Schools & Education
Families in Fair Oaks Estates are served by the Waukegan Community Unit School District 60. The district operates several elementary, middle, and high schools in the area. Parents are encouraged to research specific school boundaries and ratings for the most current information.
Transportation & Connectivity
The neighborhood benefits from good connectivity via major roads like Grand Avenue and Route 41, facilitating travel throughout Lake County and towards Chicago. Public transportation options are available through the Pace bus system. The location offers reasonable access to the Tri-State Tollway (I-94) for regional commuting.
Why Choose Fair Oaks Estates
Fair Oaks Estates is an attractive choice for those seeking affordable homeownership in a established suburban community. It presents a practical option for families and individuals who want to live in Waukegan with convenient regional access. The neighborhood provides a solid value proposition within the northern Illinois housing market.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Fair Oaks Estates Market Data
| Metric | Value |
|---|---|
| Median Home Value | $225K |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60079 |
| 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 Fair Oaks Estates, Waukegan
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Fair Oaks Estates, Waukegan, 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 2026-10-15