Home prices
The median home in Third Lake costs $267,400. In comparison to other places in this area this is about $64,980 (32%) higher.It is about $49,900 (22%) higher compared to the rest of the nation, and compared to the city of Chicago it is about $9,400 (3%) higher.
Rents
In Third Lake the median monthly rent is $1,469. This is roughly $159 (12%) higher in comparison to its nearby areas.It is roughly $407 (38%) higher in comparison to the United States as a whole, and it is about $357 (32%) higher in comparison to the city of Chicago.
Nearby places
Gages Lake
Gages Lake is Third Lake's neighbor to the southeast. The real estate prices there are a little less expensive. The value of the median home in Gages Lake is $231,800, which comes out to $35,600 (15%) lower than Third Lake. Rents there are fairly similar. The median rent in Gages Lake is $1,449 a month, which comes out to $20 (1%) lower than Third Lake.
Grayslake
Grayslake is Third Lake's neighbor to the southwest. Real estate prices there are a bit less expensive. The median home value in Grayslake is $235,400, which is $32,000 (13%) lower than Third Lake. Rents there are a bit less expensive. The median rent in Grayslake is $1,160 per month, which works out to $309 (26%) lower than Third Lake.
Grandwood Park
Grandwood Park is roughly 1 mile northeast of Third Lake. The real estate prices there are somewhat less expensive. Grandwood Park's median home price is $228,500, which is $38,900 (17%) lower than Third Lake. Rents there are fairly similar. In Grandwood Park the median monthly rent is $1,504, which works out to $35 (2%) higher than Third Lake.
Venetian Village
Venetian Village is about 2 miles northwest from Third Lake. Housing prices there are significantly less expensive. The cost of the median home in Venetian Village is $173,500, which comes out to $93,900 (54%) lower than Third Lake. Rents there are significantly less expensive. In Venetian Village the median rent is $1,105 a month, which comes out to $364 (32%) lower than Third Lake.
Round Lake Beach
Round Lake Beach is approximately 3 miles west from Third Lake. Real estate prices there are a lot less expensive. The median home in Round Lake Beach is valued at $142,900, which is $124,500 (87%) lower than Third Lake. The rent there is a little less expensive. The median rent in Round Lake Beach is $1,334 a month, which comes out to $135 (10%) lower than Third Lake.
