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2025 Compare Cities Housing:
Grayslake, IL vs Lake Zurich, IL

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Highlights
- The median age of a home in Grayslake is 37.0% younger than the median age of a home in Lake Zurich.
 Grayslake, ILLake Zurich, ILUnited States
 Median Home Age27  Unlock42
 Median Home Cost  Unlock$382,900$338,100
 Home Appr. Last 12 months14.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock31.8%57.0%
 Home Appr. Last 10 yrs.54.6%  Unlock101.1%
 Property Tax Rate  Unlock$23.6$11.0
 Homes Owned70.7%  Unlock57.4%
 Housing Vacant  Unlock4.2%11.2%
 Homes Rented25.3%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Grayslake, ILLake Zurich, ILUnited States
 Average Rent  Unlock$2,500$1,840
 Studio Apartment$1,260  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,740$1,180
 2 Bedroom Home or Apartment$1,570  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,540$1,860
 4 Bedroom Home or Apartment$2,370  Unlock$2,160
 space1
 Vacant Housing
 Grayslake, ILLake Zurich, ILUnited States
 Vacant For Rent  Unlock0.8%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.6%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other0.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Grayslake, ILLake Zurich, ILUnited States
 Less Than $20,000  Unlock0.6%2.6%
 $20,000 to $39,9990.3%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.1%  Unlock3.9%
 $80,000 to $99,999  Unlock0.3%4.5%
 $100,000 to $149,9994.8%  Unlock11.3%
 $150,000 to $199,999  Unlock4.5%13.0%
 $200,000 to $299,99944.0%  Unlock20.1%
 $300,000 to $399,999  Unlock34.3%13.6%
 $400,000 to $499,9995.4%  Unlock8.3%
 $500,000 to $749,999  Unlock7.5%9.7%
 $750,000 to $999,9990.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.2%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Grayslake, ILLake Zurich, ILUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock10.3%13.6%
 2000 to 200918.1%  Unlock13.6%
 1990 to 1999  Unlock16.0%13.6%
 1980 to 19899.2%  Unlock13.2%
 1970 to 1979  Unlock23.5%14.8%
 1960 to 196946.1%  Unlock13.6%
 1950 to 1959  Unlock5.7%10.0%
 1940 to 19492.4%  Unlock4.7%
 1939 or Earlier  Unlock1.8%12.2%
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Reviews for Grayslake    3 Reviews
diane · Grayslake, IL
Property tax
Over 11 years ago

Property tax is one of the highest in the nation a $220000 home will cost you $10980 in taxes annually as of 9/2014 This information can be verified on the  More

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Mom2 · Grayslake, IL
Humid in summer, cold in winter
Over 14 years ago

Grayslake weather is very difficult to enjoy outdoor activities. In summer, it is SO humid and hot and full of mosquitos that you cannot enjoy a beautiful summer night.  More

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Fred · Grayslake, IL
Property Taxes are high
Over 15 years ago

3% of home value annually/ A $300,000 home will cost you 10K in annual property taxes. Where does it all  More

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Reviews for Lake Zurich    6 Reviews
andrew · Des Plaines, IL
Safe, affordable, and comfortable
Over 16 years ago

The suburb provides convenient access to the Chicago Metro features, as well as the comfort of a small bedroom  More

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LZResident · Lake Zurich, IL
LZ's questionable revitalization
Over 18 years ago

LZ downtown revitalization is at a standstill...with townhomes built and not selling..plus our gateway building may never be built due to disagreements on funding by the  More

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JWB · Lake Zurich, IL
Retro to the future
Over 18 years ago

Lake Zurich is in the midst of a retro revitalization. They have moved the major highway out from downtown and are building condos, shops and apartments. This by  More

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Learn More About Grayslake, Illinois
Overview
Cost of Living
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Learn More About Lake Zurich, Illinois
Overview
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Voting
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