Foreclosure Homes in Wonder Lake, IL

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| 1,112 Sq. Ft.

$361,914 EMV

4 Bed | 4 Bath | 3,576 Sq. Ft.

$187,210 EMV

2 Bed | 953 Sq. Ft.

$242,946 EMV

3 Bed | 2 Bath | 1,554 Sq. Ft.

$449,657 EMV

| 6 Bath | 1,564 Sq. Ft.

$99,595 EMV

2 Bed | 440 Sq. Ft.

$225,819 EMV

| 4 Bath | 1,138 Sq. Ft.

$112,127 EMV

| 848 Sq. Ft.

$274,121 EMV

| 2,697 Sq. Ft.

Displaying 1 - 10 of 177

Home Value Estimator For Wonder Lake, IL

There are currently 4,211 real estate properties in Wonder Lake, IL, with a median automated valuation model (AVM) price of $184,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wonder Lake, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wonder Lake, IL, is $204,884.00, with the most expensive house in Wonder Lake, IL, topping out at $1,248,500.00 and the cheapest home in Wonder Lake, IL, clocking in at $32,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Wonder Lake, IL!

Rent Prices In Wonder Lake, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wonder Lake, IL, is on a rollercoaster ride. The average rent price in Wonder Lake, IL, is $1,395.00. Indeed, when looking to rent in Wonder Lake, IL, you can expect to pay as little as $860.00 or as much as $3,320.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Wonder Lake, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Wonder Lake, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Wonder Lake, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Wonder Lake, IL and much more. Save thousands at closing with home foreclosure listings in Wonder Lake, IL — up to 75% off market value!

Top Reasons To Live In Wonder Lake, IL In 2022

Wonder Lake is located in McHenry, Illinois, with an estimated municipal population of 3,882 residents. All of the best foreclosed homes for sale in Wonder Lake are located in the following zip code areas on 60097 60050. The estimated population per square kilometer (.62 miles) in Wonder Lake is 310.

Cost Of Living In Wonder Lake, IL

So, about how much do homes cost in Wonder Lake? The most recent median value of resident-owned homes in Wonder Lake is 191,082. An estimated 82.9 percent of households in Wonder Lake own their homes, with an average family size of 3. The median household income in Wonder Lake is 87,938, with40.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wonder Lake, the median commute time of resident workers (in minutes) is 37.6. And last, but certainly not least, are you looking for homes to rent in Wonder Lake? If so, the average rent price paid by renters in Wonder Lake is 1,007, according to recent statistics.

Diversity And Demographics In Wonder Lake, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Wonder Lake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Wonder Lake is 39.2, split between 51.7 percent male versus 48.3 female. The percentage of residents who report being married in Wonder Lake is 52.1, with an average family size of 3.

The percentage of residents who report their race in Wonder Lake is as follows:

White 97.3%
Black / African American 0%
Asian 2.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Wonder Lake? Or maybe you are searching for 55+ active adult communities in and/or near Wonder Lake?

The percentage of residents who report their age in Wonder Lake is as follows:

Under 10 17.1%
Aged 10-19 13.3%
20s 9.7%
30s 12.7%
40s 18.8%
50s 11.8%
60s 10.2%
70s 5.6%
80+ 0.9%

Best Schools In Wonder Lake, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Wonder Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wonder Lake.

Pros And Cons Of Living In Wonder Lake, Illinois

How do you know that living in -- or moving to -- Wonder Lake is right where you need to be? Perhaps you grew up in Wonder Lake or already live nearby; therefore, the decision to buy a home in Wonder Lake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wonder Lake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Wonder Lake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wonder Lake.

Reasons To Move To Wonder Lake, Illinois, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wonder Lake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wonder Lake, meanwhile, can field multiple offers from more qualified buyers.

Wonder Lake, IL Foreclosures


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