Looking into the best neighborhoods in Lisle, IL for investment is a smart choice. The average home value here is $484,144. Lisle is home to 23,258 residents, ranking it as the 96th largest area in Illinois1. Most homes here are for single families and were built from 1970 to 1999, offering a cozy suburban vibe.
NeighborhoodScout reports that Lisle’s growth in home values has been a bit slower than the U.S. average over the last ten years. This sets up a unique chance for smart investors1. The average rent here is $2,308 a month, which means investing could lead to a good stream of rental money1. Plus, the median family income is $103,973. This shows the strong economy and spending ability in Lisle2.
Key Takeaways
- The median home value in Lisle, IL is $484,1441.
- Lisle has a population of 23,258 people1.
- Average market rent is $2,308 per month1.
- Median family income stands at $103,9732.
- Single-family detached homes are prevalent and were mainly built between 1970 and 1999.
- The appreciation rate in Lisle has been below the national average1.
Introduction to Lisle, IL Real Estate Market
Lisle, IL, is known for its real estate opportunities and attractions. It is 25 miles west of downtown Chicago. This location makes it attractive for those who want to live near a big city. Its closeness to job opportunities, cultural sites, and fun activities make it great for homebuyers and investors3.
Population and Demographics
About 23,000 people live in Lisle, IL. This makes it a small yet promising area in the real estate world4. Most residents have college degrees, showing a smart and educated community4. There’s a mix of ages and jobs, including telecommuting, which adds to Lisle’s charm for real estate investments.
Home Values and Market Trends
Lisle’s homes vary in price to fit everyone’s needs. Single-family homes have a median price of $575,000. Townhouses and condos are more affordable, with median prices of $505,500 and $237,500 respectively4. Overall, the median home price is $395,000. This shows a competitive market that draws buyers43. Houses typically sell after 44 days on the market, showing a brisk selling pace4.
Appreciation Rates
Real estate in Lisle grows steadily at an average rate of 4.17% per year4. While not the highest in the country, it shows strong growth potential. The variety of homes and constant demand thanks to community values make Lisle promising. Investing here can be rewarding for those looking for a solid investment3.
Why Invest in Lisle, IL
Lisle, IL, is a smart choice for investors because of its big advantages. It has a bustling workforce, many job chances, and a great way of life. Together, these make this town perfect for putting money into real estate. Let’s look at the key reasons that make Lisle a top place to invest.
Employment Opportunities
Jobs in Lisle, IL, are easy to find. This is because Lisle is in the Illinois Technology and Research Corridor5.Many big and small companies are here, making the local economy strong5. About 21,941 people live in Lisle, where there are 22,218 jobs6. The area is known for its tech jobs, attracting many professionals. This creates a lively and modern community.
High Quality of Life
Lisle, IL, guarantees a good life for its people. You can enjoy art shows, natural history museums, and skiing5. Its great transport links make traveling to nearby places and Chicago easy5. Although Lisle’s Walk Score is only 37, many people work from home. This helps cut down on traffic and pollution6.
The Downtown Lisle Master Plan promises more excitement and improvements by 2028. This will make life here even better6.
Advanced Education Rates
Education is a big deal in Lisle. This town has top-notch schools plus many colleges and universities5. Lots of educated people live here, making the community rich in culture and knowledge. Investors find this attractive because it means there are well-educated people looking for homes.
In short, Lisle, IL, is ripe for real estate investment. It offers great job options, a high quality of life, and top education levels. Its growth and plans for the future make it even more appealing for investors.
Knolls of Huntington/Benedictine University
The Knolls of Huntington, in Lisle, IL, is a top-choice residential area. It perfectly combines educational access with excellent community facilities. Close to Benedictene University, it’s perfect for students, teachers, and those looking for cultural enrichment7.
Proximity to Educational Institutions
Living in the Knolls of Huntington Lisle means you’re near top schools. It’s next to Benedictine University, ideal for those focusing on education. You’ll also find Wheaton College just 1.2 miles away8.
Community Amenities
Lisle’s community offerings within Knolls of Huntington enhance its charm for residents and investors. There are many shopping places within a 2.1-mile radius for your shopping and dining needs8. Plus, you can enjoy nature with five parks within a 4.0-mile distance8.
This area supports a high-quality life for different people, from families to single professionals. Lisle also celebrates cultural diversity, making living here a unique experience. For details on similar neighborhoods like Beau Bien in Lisle, check out the Beau Bien neighborhood profile.
Spring Hill/Peach Creek
The Spring Hill/Peach Creek areas in Lisle, IL are perfect for families looking for peace and community spirit.
Family-Friendly Environment
Spring Hill Lisle family-friendly and Peach Creek offer a safe, welcoming environment for families. Lisle is known for its low crime rates, making it a secure place to live source9. This safety is key for families wanting to protect their loved ones.
Access to Parks and Recreation
Peach Creek’s parks and recreational spots are great for families. Living in Spring Hill or Peach Creek means easy access to outdoor fun10. These places help keep the community active and offer peaceful spots for relaxation.
Buying a home here means betting on a bright future and a better life. It’s all about joining a culture that values outdoor activities and togetherness.
Meadows/Woodridge Estates
Meadows Lisle housing and Woodridge Estates offer great opportunities in Lisle, IL’s real estate scene. They have a wide range of homes for different budgets and tastes.
Housing Options
In Meadows/Woodridge Estates, you can find a mix of homes. From 1970s style to early 2000s builds. The area mainly has detached, single-family homes, making up 97.4% of its residences11. Plus, most homes are lived in by their owners, showing a tight-knit community feel11.
New homes with custom layouts are available too. Builders like Pulte Homes offer tours in-person or via video chat. This helps buyers pick the perfect floor plan12.
Cost of Living
Living in Meadows/Woodridge Estates is on the pricey side but offers good value. Homes have a median price of $468,385, which is quite high compared to most places in Illinois and the U.S11.. Yet, the neighborhood’s quality of life and amenities make it a worthy investment.
Rent is also higher here, averaging $3,097. This is more than what you see in 89.2% of Illinois neighborhoods11. It’s a good spot for buying homes to rent out, with a low vacancy rate of 4.6%11.
The area’s residents earn well, more than 86.7% of the U.S11.. It’s a culturally rich area too, home to various ethnic groups which enhances its diversity.
Meadows/Woodridge Estates is perfect for those wanting to join a vibrant community. It offers diverse housing and is a smart choice for real estate investment in Lisle, IL.
Mckenzie Station/Arbor Ridge
Mckenzie Station and Arbor Ridge are loved for their great transport choices. These options make getting to work and shops easy for everyone. Easy access to Lisle’s trains is a key part of this.
Transportation and Connectivity
Lisle, IL, offers lots of ways to travel which makes daily life smoother. People looking for a home value this easy access a lot. High demand for these areas is shown by rental prices, like $1,576 for one bedroom and $1,984 for two bedrooms13. Arbor Ridge stands out to buyers because of its great transport links.
Investment Potential
Mckenzie Station and Arbor Ridge fit well into Lisle’s growth plans. They offer a range of homes, from luxury ones to ones taken back by banks14. Arbor Ridge is especially promising for investors thanks to its easy access and strong market. The choice of properties, from houses to condos and townhomes, means investors can find something right for them14. With three-bedroom homes renting for $2,089 and four-bedroom ones for $3,319, these neighborhoods are very appealing for real estate investment in Lisle13.
Beau Bien
Beau Bien lies in the heart of Lisle, IL. It’s known for its suburban charm and peaceful settings. Here, the median price for luxury homes is $409,000, making it a great place for investing15. Right now, 52 homes are up for sale, with many being “Hot Homes.” This means they sell fast15. These homes usually stay on the market for about 31 days and get around three offers each15.
What makes Beau Bien special isn’t just the sales. It’s loved for its friendly community and beautiful surroundings. Families find it safe too, with a safety score of 3 out of 1015. Though Lisle scores 37 in walkability, it perfectly blends city access with suburban peace16.
For more details on Beau Bien Lisle, check out homes.com. Lisle’s job market and population support both your career and lifestyle16. Plus, with 25 homes recently sold, you can see it’s a lively market16.
River Bend
The River Bend community in Lisle offers a peaceful setting. It’s close to modern conveniences. The area’s natural beauty and prime real estate offerings make it a perfect escape.
Right now, the real estate market in River Bend is booming. Homes are selling fast. On average, properties receive four offers and stay on the market for only 70 days. For more information, visit Redfin17. With homes averaging at $395,000, River Bend is both competitive and attractive to buyers17. This shows a strong demand for homes here.
Living in River Bend, residents enjoy beautiful views and a friendly atmosphere. It’s a place where peace meets convenience. The thriving real estate market here proves it’s a sought-after location. Families and individuals find tranquility in Lisle, IL an ideal setting.
River Bend stands out when compared to other neighborhoods. While places like Green Trails, Four Lakes, and Downtown Lisle are great, River Bend’s charm is unmatched. Its lush environment and community spirit attract many. This makes it a highlight of real estate in Lisle, according to Redfin17.
The Villas at Thorne Hill/Pine Hill
The Villas at Thorne Hill and Pine Hill in Lisle, IL offer top-quality homes. They have a tight-knit community feel. People looking for a friendly and social neighborhood love it here. The local real estate is booming, with homes going for more than many other places. Lisle’s median house price is $385,00018. This is much more than DuPage County’s and the U.S. average18.
Real Estate Prices
Thorne Hill and Pine Hill homes reflect the area’s appeal. Prices vary from $125,000 to $1,200,000, appealing to many types of buyers18. You’ll find everything from condos to big family homes. Many homes have special features like hardwood floors and modern kitchens18. On average, homes sell for about $385,000 here18.
Community Engagement
What makes Thorne Hill and Pine Hill stand out is their community spirit. These areas draw people who love being active and connected. They host many events and clubs, bringing neighbors together. This strong community vibe also helps keep home values high18.
It’s a great place for both living and investing. The community’s involvement plays a huge role in boosting property values. It’s an attractive option for those looking to buy in Lisle, IL18.
FAQ
What are the best neighborhoods to invest in Lisle, IL?
In Lisle, IL, great places to invest are Knolls of Huntington, Spring Hill, Peach Creek, Meadows, and Woodridge Estates. Also, consider Mckenzie Station, Arbor Ridge, Beau Bien, River Bend, and the Villas at Thorne Hill/Pine Hill. These areas offer nice homes, great amenities, and a good chance for property values to go up over time.
What is the population and demographics of Lisle, IL?
Lisle, IL is home to 23,258 people. It’s known for lots of IT and telecommuting professionals. A huge 63.02% of folks here have college or advanced degrees. This means you’ll find a well-educated and energetic population.
What are the current home values and market trends in Lisle, IL?
The median house in Lisle, IL costs $484,144. Many houses are priced between $252,001 and $504,000. You’ll mostly find single-family homes made between 1970 and 1999. Although the market is steady, the growth rate is a bit slower than the U.S. average.
How have home appreciation rates in Lisle, IL fared in recent years?
Lisle, IL homes have been gaining value slowly, with an average yearly growth of 4.17%. This rate is lower than other places in the country but shows a steady and reliable market for investors.
Why should one invest in Lisle, IL?
Lisle, IL is a great place to invest because of its smart, well-paid workforce and high living standards. The town is full of educated people and telecommuters. This tech-friendly community makes it an appealing place for investors.
What makes the Knolls of Huntington neighborhood in Lisle desirable?
The Knolls of Huntington is close to great schools like Benedictine University. It has lots of community perks, making it a great spot for students, teachers, and those wanting a smart neighborhood.
What family-friendly features does the Spring Hill/Peach Creek area offer?
Families love Spring Hill/Peach Creek for its awesome parks and fun things to do. It’s perfect for those who want a suburban feel with a strong sense of community.
What variety of housing options can one find in the Meadows/Woodridge Estates neighborhoods?
In Meadows and Woodridge Estates, you can find homes ranging from 1970s styles to early 2000s designs. This gives buyers lots of choices, fitting many tastes and budgets.
How do Mckenzie Station and Arbor Ridge excel in terms of transportation and connectivity?
Mckenzie Station and Arbor Ridge are great for getting around easily. They have good public transport, including trains, making trips to work and shops quick and easy.
What sets Beau Bien apart as a residential neighborhood in Lisle, IL?
Beau Bien offers a peaceful, well-kept community. It’s a top pick for those wanting a calm and beautiful place to live.
What makes the River Bend neighborhood an attractive option for investment?
River Bend stands out for its quiet and easy-going lifestyle. It has lovely homes in a beautiful setting, great for those seeking peace and convenience.
What community engagement opportunities are available in the Villas at Thorne Hill/Pine Hill?
The Villas at Thorne Hill and Pine Hill are great for those who like being active in their community. These areas boast lively and connected neighborhoods, offering a rewarding living experience.
Source Links
- Most expensive Lisle neighborhoods – https://api.locationinc.com/il/lisle
- Lisle Real Estate – Real Estate in Lisle, Lisle Real Estate Market – https://www.wenzelselectproperties.com/communities/lisle-real-estate/
- 50 Lisle Homes For Sale & Best Lisle Realtors – https://widerberggroup.com/lisle-homes-for-sale/
- Lisle City Guide: What’s it Like Living in Lisle? – https://www.redfin.com/living-in/IL/Lisle/6/11188
- Commercial Real Estate in Lisle – https://www.mpirealestate.com/commercial-real-estate/lisle
- Cheap Homes for Sale in Lisle, IL – https://www.redfin.com/city/11188/IL/Lisle/cheap-homes
- population, maps, real estate, averages, homes, statistics, relocation, travel, jobs, hospitals, schools, crime, moving, houses, news, sex offenders – https://www.city-data.com/city/Naperville-Illinois.html
- 512-518 W Wesley St, Wheaton, IL 60187 – Apartments in Wheaton, IL | Apartments.com – https://www.apartments.com/512-518-w-wesley-st-wheaton-il/ez4vheq/
- SPRING HILL / PEACH CREEK – https://www.neighborhoodscout.com/securitygauge/il/lisle/spring-hill
- Site Map – Naperville and Chicago suburbs IL Homes for Sale and Real Estate – https://www.ryanhillgroup.com/site-map/
- MEADOWS / WOODRIDGE ESTATES – https://api.locationinc.com/il/lisle/meadows
- Estates at Rivers Edge by Pulte Homes – https://www.newhomesource.com/community/il/lisle/estates-at-rivers-edge-by-pulte-homes/195335
- Apartments For Rent in Lisle, IL – 243 Rentals | Apartment Finder – https://www.apartmentfinder.com/Illinois/Lisle-Apartments
- 50% Commission Rebate Chicago Real Estate Buyer Agent Discount Realtor 3% MLS Listings Homes $300K+ – https://www.chicagolandtopdiscountrealestatebrokers.com/advanced-property-search
- High End – Lisle, IL Real Estate & Homes for Sale – https://www.redfin.com/city/11188/IL/Lisle/amenity/high end
- Waterfront Homes for Sale in Lisle, IL – https://www.redfin.com/city/11188/IL/Lisle/waterfront
- PDF – https://www.lisleparkdistrict.org/pdfs/transparency-portal/FinancialReports/AnnualComprehensiveFinancialReport/2017_CAFR_LisleParkDistrict.pdf
- Lisle, IL Homes For Sale – https://www.coldwellbankertoday.com/homes-for-sale/IL/Lisle
