Lake Bluff Homes under $500,000

Welcome to Lake Bluff, Illinois – a charming village nestled along the picturesque shores of Lake Michigan in Lake County. Known for its stunning natural beauty, rich history, and vibrant community, Lake Bluff offers a unique blend of small-town charm and modern amenities. With its tree-lined streets, historic architecture, and an abundance of parks, this delightful locale is perfect for families, retirees, and anyone seeking a tranquil lifestyle.

One of the most appealing aspects of Lake Bluff is its diverse real estate market, particularly for those looking to find a home under $500,000. Here, prospective homeowners can explore a variety of options, from cozy bungalows to spacious townhomes, all set against the backdrop of this beautiful village. These homes offer not only affordability but also the opportunity to be part of a close-knit community that values quality of life and outdoor activities.

Residents of Lake Bluff enjoy access to top-rated schools, a vibrant downtown area filled with charming shops and restaurants, and numerous recreational opportunities. The nearby Lake Bluff Beach and the scenic Lake County Forest Preserves provide ample opportunities for hiking, biking, and enjoying the great outdoors. With its convenient location just 35 miles north of Chicago, Lake Bluff offers the perfect balance of serene living and urban accessibility.

If you’re searching for a home that combines affordability with the allure of a picturesque community, Lake Bluff is the ideal destination. Discover your dream home in this enchanting village today!

Newest Lake Bluff Homes under $500,000

$474,500

2 Beds ⋅ 3 Baths ⋅ 12769571 MLS ⋅ ACTIVE Status

Home sweet home! This freshly painted, updated ranch offers a bright, welcoming interior, flexible living space across two finished levels, and an easy move-in-ready lifestyle. Natural light fills the main level, where the white eat-in kitchen features natural stone countertops, stainless steel appliances, and an open connection to the spacious living room with a wood-burning fireplace. Easy-care luxury vinyl plank flooring flows throughout. The primary suite provides a private bath with shower, a walk-in closet with a custom organization system, and convenient washer/dryer hookups. A second bedroom and full hall bath complete the main level. The fully finished lower level expands the home's living space with new carpeting, a generous family room, second kitchen, additional laundry room, bedroom, full bath, and separate office, gym, or bonus room. This versatile level is well suited for guests, older children, an in-law arrangement, or working from home. Storage is exceptional, with a pantry, walk-in closets, and an impressive total of 11 closets throughout the home, plus attic storage. Outside, a private patio and large fenced yard create an inviting setting for relaxing, entertaining, and play. Enjoy a convenient location within walking distance of a nearby park, playground, and baseball field. The home is served by the highly regarded Lake Bluff Elementary and Middle School district and Lake Forest High School district. Move right in and enjoy the comfort, flexibility, and surprising amount of space this wonderful home has to offer.

301 N Waukegan Road, Lake Bluff

109 Lauralton Street Unit #10, Lake Bluff

$373,400

3 Beds ⋅ 3 Baths ⋅ 12740430 MLS ⋅ ACTIVE Status ⋅ The Hamptons BLDG.

Welcome to 109 Lauralton in The Hamptons! This spacious 1,625 sqft. end-unit townhome offers its own separate entrance, a large two-car garage, flexible living space and a peaceful pond side setting. Step inside to a bright, open main level featuring a spacious living area and a versatile first-floor bedroom that can easily serve as a den, home office or guest space. A convenient powder room and first-floor laundry room add to the ease and functionality of the main level. Upstairs, you'll find two generously sized bedrooms each with it's own oversized walk-in closet, offering plenty of space and storage. The finished basement adds even more living space with plenty of possibilities for a family room, recreation area, home gym, or additional work-from-home space, along with even more storage space. One of the highlights of the home is the private patio overlooking the pond-a peaceful place to enjoy your morning coffee, unwind at the end of the day or simply take in the view. With three levels of living space, a flexible floor plan, generous storage and the added privacy of an end unit, this home has so much potential. A few cosmetic updates offer the next owner the opportunity to add their own style and make the space truly their own. Located in the maintenance-free community of The Hamptons, you'll enjoy easy access to major highways, shopping, restaurants and everyday conveniences, while still feeling tucked away from the hustle and bustle of everyday life. Bring your ideas and make 109 Lauralton your own!

109 Lauralton Street Unit #10, Lake Bluff

$485,000

3 Beds ⋅ 3 Baths ⋅ 12746030 MLS ⋅ ACTIVE Status

Welcome to 709 Jenkisson Avenue! This spacious brick ranch offers over 2,200 square feet of living space in the desirable Knollwood area of Lake Bluff. Featuring 3 generously sized bedrooms and 3 full baths, this solidly built home offers comfortable one-level living along with plenty of room to make it your own. The inviting living room features a fireplace and skylights that bring in wonderful natural light, while additional skylights in the kitchen create a bright and welcoming space. The home's generous room sizes provide flexibility for everyday living, entertaining, or working from home. A full basement offers an incredible amount of additional space and potential for a recreation room, home gym, office, workshop, or additional storage. The detached oversized garage provides even more space for vehicles, hobbies, and storage. The home features a backup generator, providing extra peace of mind during unexpected power outages. Situated on an approximately .21-acre lot, this home presents a wonderful opportunity for buyers looking to update and personalize a well-built property with great bones. Conveniently located near shopping, dining, parks, Metra, and major roadways, with access to Lake Bluff Elementary District 65 and Lake Forest High School District 115. Bring your decorating ideas and vision-this is a fantastic opportunity to create the home you've been looking for in a sought-after Lake Bluff location!

709 Jenkisson Avenue, Lake Bluff

$399,900

3 Beds ⋅ 3 Baths ⋅ 12738905 MLS ⋅ ACTIVE Status

Welcome to this well-maintained home in the desirable Hamptons neighborhood, offering comfortable, low-maintenance living with a spacious and functional layout. The main level features a bright, open-concept feel with neutral finishes and an impressive two-story family room highlighted by a fireplace and floor-to-ceiling windows that bring in an abundance of natural light. The kitchen offers ample cabinetry, generous counter space, a pantry, and a breakfast bar, while the adjoining eating area features a bay window and plenty of room for everyday dining. The first-floor primary suite provides a convenient private retreat with direct access to the patio, an en-suite bath with dual sinks, and two spacious closets. A first-floor laundry room and powder room add to the convenience of the main level. The second floor includes two generously sized bedrooms and a full bathroom, offering flexibility for family, guests, or a home office. An attached two-car garage provides additional depth and valuable storage space. Conveniently located near schools, parks, shopping, dining, and major transportation routes, this home combines everyday comfort with an easy, low-maintenance lifestyle.

136 Hemstead Street, Lake Bluff

3275 Stratford Court Unit #2-C, Lake Bluff

$249,900

2 Beds ⋅ 2 Baths ⋅ 12706452 MLS ⋅ ACTIVE Status ⋅ Stratford Court BLDG.

Great investment property for investor Rented till May 2028 for $2100 Modern updated sleek open floor plan ready for you to move in and start enjoying. Great investment property for investor also. Easy entry into highly sought after second floor eastern unit. Once you enter this freshly decorated condo you will immediately feel right at home with the roomy and welcoming floor plan. Plenty of room to entertain in the dining room & living room's open concept. Impressive bamboo hardwood flooring throughout entire home. Owner has installed brand new granite countertops, faucet and disposal in the kitchen! Modern kitchen features all stainless steel appliances and more. Inviting breakfast bar allows you to enjoy your sunny morning view out of the living room sliding doors which leads to a large deck with an extra storage closet. Enjoy the serene views overlooking the tree canopy and landscaped rear common area from all rooms. Relax in the large master bedroom with master bath and oversized walk-in closet. Second bedroom also features views of the wooded exterior with a separate entry into the second bathroom. Large laundry room with extra shelving for storage located inside this home. Currently leased with long term tenant in place. Improvements : New vanity in guest bathroom All light fixtures upgraded December 2025 Refinished Hardwood floors August 2024 Kitchen Backsplash December 2025

3275 Stratford Court Unit #2-C, Lake Bluff

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