Chicago Suburbs With Lakefront Homes: Luxury Waterfront Living in The Midwest

Thanks to being situated right smack dab in the middle of the country, you might not think of Chicago as having some of the most spectacular waterfront homes in the nation. But because of the crystal clear waters of Lake Michigan, several of Chicago’s North Shore suburbs feature a collection of lakefront homes that are truly nothing short of spectacular. 

Glencoe, IL

Home to some of the Midwest's priciest residential properties, Glencoe, Illinois is a small, historic suburb located roughly 20 miles north of Chicago. The village, which was originally founded in 1835 Anson Taylor, boasts stunning views of Lake Michigan and is known for its lush green spaces. Glencoe's downtown area is quaint but vibrant. Here you'll find plenty of restaurants, coffee shops, and boutiques. Guildhall and Hometown Coffee & Juice are two local favorites. The architecture in Glencoe is a mix of Victorian and modern designs, with many historic homes still standing. Per the five-star views, buyers should be prepared to spend quite a bit to secure their next home along this region's lakefront. Prices vary from lakefront property to lakefront property but currently average over $2.5 million dollars.

Lake Bluff, IL

Lake Bluff is a quaint village community located in Lake County, Illinois, just 45 minutes from downtown Chicago. Roughly 5,800 people call it home according to the 2020 U.S. Census. The tight-knit local atmosphere is a refreshing break for those who want a break from the loud hustle and bustle of metropolitan life. So much so, that Chicago Magazine ranked Lake Bluff among the Chicago Metropolitan Region's 20 best towns and neighborhoods. The community is centered around the scenic Lake Bluff Park, which offers plenty of recreational activities for both locals and visitors. Lakefront homes provide a stunning backdrop and the village's historic downtown district is home to several unique shops and restaurants.

Kenilworth, IL

Living in a purpose-built, master-planned community like this one means getting the cream of the crop in potential home options. All 2,500 residents enjoy the perfect mix of residential and commercial properties, many of which share a charm native to Illinois' founding history. But Kenilworth isn't just a candidate for great places to live near Chicago for its diverse real estate market - it's also the closest thing you'll find to a real-life postcard in the Midwest. Beige, sandy beaches line the township's coastal border to Lake Michigan, while the rest of its terrain consists of lush green hills, rolling farmland, and even some wooded areas. Gillson Park and Beach is a favorite among locals for its sprawling sand dunes, perfect for a picnic and an afternoon of sunbathing.

Winnetka, IL 

Drive 16 miles North of Chicago and you'll discover Winnetka, Illinois - a conveniently commutable yet remarkably quiet suburb known for its gorgeous and spacious lakefront homes. Properties here come with stunning views of Lake Michigan, while the town itself is filled with unique boutiques, upscale restaurants, and green spaces that offer residents plenty of things to see and do on weekends. First established in 1869, Winnetka has deep roots in Cook County's history. It gets its name from a Native American word that translates to "beautiful place" Today, it's a sought-after destination for families and young professionals who seek the perfect balance of city convenience and suburban peace. You’ll need to act quick if you plan on moving here though - there are only 90 lakefront homes to compete for. 

Lake Forest, IL

Lots of North Shore home buyers want to nab themselves a beautiful lakefront home. But is it really worthwhile if that property isn't located in a greater community that's just as lovely? The residents of Lake Forest wouldn't know, because they get the best of both worlds. This local township sits just South of Lake Bluff, putting it a mere 30 miles from the Chicago Metropolitan area. A diverse array of world-class shopping, golf, and outdoor spaces can be found between Lake Forest's many brick single-family dwellings. Lakefront real estate prices in Lake Forest vary quite widely but tend to start around $2 million and go up from there.