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2025 Compare Cities Housing:
Third Lake, IL vs South Elgin, IL

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Highlights
- The median age of a home in Third Lake is 27.8% older than the median age of a home in South Elgin.
 Third Lake, ILSouth Elgin, ILUnited States
 Median Home Age36  Unlock42
 Median Home Cost  Unlock$304,000$338,100
 Home Appr. Last 12 months14.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock35.4%57.0%
 Home Appr. Last 10 yrs.54.6%  Unlock101.1%
 Property Tax Rate  Unlock$25.8$11.0
 Homes Owned97.2%  Unlock57.4%
 Housing Vacant  Unlock2.3%11.2%
 Homes Rented2.1%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Third Lake, ILSouth Elgin, ILUnited States
 Average Rent  Unlock$2,250$1,840
 Studio Apartment$1,260  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,570$1,180
 2 Bedroom Home or Apartment$1,570  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,280$1,860
 4 Bedroom Home or Apartment$2,370  Unlock$2,160
 space1
 Vacant Housing
 Third Lake, ILSouth Elgin, ILUnited States
 Vacant For Rent  Unlock0.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.3%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.3%3.6%
 Vacant Other0.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Third Lake, ILSouth Elgin, ILUnited States
 Less Than $20,000  Unlock1.5%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.9%4.5%
 $100,000 to $149,9992.4%  Unlock11.3%
 $150,000 to $199,999  Unlock16.6%13.0%
 $200,000 to $299,99959.4%  Unlock20.1%
 $300,000 to $399,999  Unlock18.9%13.6%
 $400,000 to $499,9997.2%  Unlock8.3%
 $500,000 to $749,999  Unlock4.9%9.7%
 $750,000 to $999,9990.5%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Third Lake, ILSouth Elgin, ILUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock23.1%13.6%
 2000 to 20091.2%  Unlock13.6%
 1990 to 1999  Unlock37.6%13.6%
 1980 to 198972.4%  Unlock13.2%
 1970 to 1979  Unlock11.4%14.8%
 1960 to 196911.4%  Unlock13.6%
 1950 to 1959  Unlock5.3%10.0%
 1940 to 19490.7%  Unlock4.7%
 1939 or Earlier  Unlock4.1%12.2%
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Reviews for South Elgin    1 Reviews
Amanda · South Elgin, IL
Great Location!
Over 16 years ago

South Elgin is a great central location with access to many major  More

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Learn More About Third Lake, Illinois
Overview
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Learn More About South Elgin, Illinois
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