O'Neil Property Group
East Dundee Neighborhood Guide

Lakewood Estates

East Dundee’s move-up neighborhood — single-family homes built out over decades north of Barrington Avenue, on wooded lots up to an acre, with no HOA and recent sales reaching $681K.

$400s–$681K
Recent Sales
1930s–2000s
Years Built
Up to 1 Acre
Lot Sizes
None
HOA

Living in Lakewood Estates

Lakewood Estates is where East Dundee buyers go when they’ve outgrown their first house but don’t want to leave the village. The neighborhood sits north of Barrington Avenue (Route 68), east of Van Buren Street, and it wasn’t built in one wave — homes here date from roughly the 1930s through the early 2000s, which gives the streets a settled, custom character no production subdivision can imitate. Lots are the headline: many run a half acre, some a full acre, under real hardwood canopy.

The price range is correspondingly wide. Closed sales span $290K for the smaller mid-century homes up to $681K at the top, with recent activity concentrated in the $400s and $500s — current listings run $399,900 to $535,000. Home sizes stretch from about 1,100 square feet to well past 3,800, from original ranches to four-bedroom family homes at around $240 per square foot. There’s no HOA, and because eras and conditions vary house to house, MLS-reported average tax bills near $10,000 reflect the larger homes — always verify the actual bill on any specific property.

Location does quiet work here: Barrington Avenue runs you into downtown East Dundee in a few minutes one way and toward Route 25 and I-90 the other. The Fox River Trail and the riverfront restaurants are a short ride, and Dundee Township Park District facilities serve the area. For buyers cross-shopping larger lots in Sleepy Hollow or West Dundee, Lakewood Estates is the East Dundee answer — usually at a friendlier price per square foot.

Lakewood Estates at a Glance

  • Location North of Barrington Avenue (Route 68), east of Van Buren Street, on East Dundee’s northeast side
  • Built Roughly the 1930s through the early 2000s, in waves
  • Homes Single-family only; 2–5 bedrooms, roughly 1,100–3,900 sq ft, with some larger
  • Lots Established wooded lots, many a half acre, up to a full acre
  • Recent Prices Closed sales $290K–$681K; recent activity concentrated in the $400s–$500s; current listings $399,900–$535,000
  • HOA None
  • Taxes MLS-reported averages near $10,000 reflect the larger homes — verify any specific bill
  • School District Community Unit School District 300 — verify assignment per address

Lakewood Estates Home Types & Prices

Pricing reflects Lakewood Estates sales and active listings as of mid-2026. Era and renovation quality drive value here more than raw square footage.

$290K–low $400s

Mid-Century Originals

The neighborhood’s older stock — ranches and modest two-stories from the 1930s–1970s — trades below the neighborhood median and rewards renovation vision. Entry to acre-lot living.

$400s–$500s

The Core Market

Where most recent activity concentrates: updated 3–4 bedroom homes around 2,400–3,000 square feet on the neighborhood’s signature wooded lots. Current listings sit here.

$500s–$681K

The Top of the Village

Lakewood Estates’ largest homes — approaching 3,900+ square feet — set East Dundee’s price ceiling, with a recent closing at $681K. This is the village’s luxury tier.

Lakewood Estates Homes for Sale

No dedicated Lakewood Estates feed is live yet — browse every current East Dundee listing below, or call and we’ll watch the neighborhood for you and flag anything before it broadens to portals.

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What Living Here Comes With

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Wooded Acre-Class Lots

Half-acre to acre lots under mature hardwoods — the neighborhood’s defining feature and the hardest thing to find elsewhere in the village.

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Township Parks & Open Space

Dundee Township Park District facilities serve the area, and MLS sources list park, pool, and tennis access among neighborhood amenities.

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Trail & Riverfront Reach

The Fox River Trail and downtown’s restaurant row are a few minutes down Barrington Avenue — close enough for a Friday-night walk-to-dinner habit by bike.

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Barrington Avenue Access

Route 68 puts downtown one direction and the Route 25/I-90 corridor the other — larger-lot living without a rural commute.

Schools Serving Lakewood Estates

All public-school addresses in East Dundee are served by Community Unit School District 300. School assignments vary by address and can change — confirm current attendance boundaries directly with the district before relying on any assignment.

Dundee-Crown High School

District 300 · Grades 9–12

The district high school serving the Dundee area, located on Kings Road in Carpentersville, a few minutes from East Dundee.

Carpentersville Middle School

District 300 · Middle School

A District 300 middle school in neighboring Carpentersville that MLS sources list for this neighborhood. Verify assignment by address.

Area Elementary Schools

District 300 · Elementary

MLS-fed sources list Parkview Elementary and Lakewood Elementary for East Dundee addresses, varying by street. Confirm the current assignment with District 300.

Getting Around from Lakewood Estates

Around the Village

Downtown East Dundee sits a few minutes west via Barrington Avenue; groceries and retail line the Route 25 corridor and neighboring Carpentersville.

Commuting to the Suburbs

Barrington Avenue to Route 25 reaches I-90 quickly — 20–30 minutes to Schaumburg and Hoffman Estates — and Route 68 runs east toward Barrington.

Getting to Chicago

Plan 60–75 minutes to the Loop by car off-peak, or drive about 10 minutes to the Big Timber Road Metra station in Elgin on the Milwaukee District West line.

Lakewood Estates FAQs

How much does a home in Lakewood Estates cost?
Closed sales span $290K to $681K, with recent activity concentrated in the $400s and $500s. Current listings run $399,900 to $535,000. The range is wide because home eras and renovation levels vary house to house.
How big are the lots?
Established wooded lots, many a half acre and some up to a full acre — the largest residential lots in the village and the neighborhood’s main draw for move-up buyers.
When were the homes built?
In waves from roughly the 1930s through the early 2000s. That mix is why the neighborhood reads custom rather than production — and why per-home diligence on mechanicals and updates matters.
Is there an HOA in Lakewood Estates?
No — no association and no monthly fee. Larger-lot living here comes without association rules or assessments.
What are property taxes like?
MLS-fed sources report average annual bills near $10,000, reflecting the neighborhood’s larger homes — well above the village median of about $5,440. Verify the actual current bill and exemptions on any specific property before offering.
What schools serve Lakewood Estates?
Community Unit School District 300 — MLS sources list Lakewood and Parkview Elementary, Carpentersville Middle School, and Dundee-Crown High School. Confirm current attendance boundaries with the district. Call or text Kealan at 630-381-4995 with any questions.

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