O'Neil Property Group
Montgomery Neighborhood Guide

Lakewood Creek

Lakewood Creek is Montgomery’s largest master-planned community — singles, townhomes, and duplexes built 2001–2009 around a residents’ clubhouse, outdoor pool, tennis courts, and an on-site SD 308 elementary school, recently trading from the mid $200s to about $450K.

$225K–$450K
Recent Sale Range
2001–2009
Years Built
1,000+
Homes (est.)
Pool & Clubhouse
Community Amenities

Living in Lakewood Creek

Lakewood Creek is the community most buyers picture when they think of Montgomery’s growth years — a 1,000-plus-home master plan south of US 30 and west of Orchard Road, built out by Lakewood Homes (with William Ryan Homes in the West section) between 2001 and 2009. It’s the village’s biggest single concentration of housing variety: two-story singles, duplexes, townhomes, and condo buildings share the same street network, parks, and amenity core.

The amenities are the calling card: a residents’ clubhouse at 2799 Oakmont Drive with an outdoor pool and tennis courts, plus ponds, trails, and neighborhood parks threaded through the community. Lakewood Creek Elementary (Oswego SD 308) sits inside the subdivision on Lakewood Creek Drive — a genuine walk-to-school setup for much of the community.

The number every buyer needs to understand before offering here: most single-family homes in Lakewood Creek carry a separate infrastructure special assessment of roughly $1,600 per year (paid over 28 years and reducible by prepayment), on top of the $452/yr master HOA and the village’s backup SSA. Attached sections add sub-association fees of roughly $27–$105 a month. None of that is a dealbreaker — recent sales from the mid $200s (attached) to about $450K (largest singles) price it in — but it changes the monthly math, and we put the exact figures for the specific address in front of every client.

Lakewood Creek at a Glance

  • Location South of US 30, west of Orchard Road, Kendall County; clubhouse at 2799 Oakmont Drive, Montgomery 60538
  • Builder Lakewood Homes; William Ryan Homes in the Lakewood Creek West section
  • Built 2001–2009
  • Homes 1,000+ across the master plan — two-story singles, duplexes, townhomes, and condos, roughly 930–3,400 sq ft
  • HOA $452/yr master association (2026), plus sub-association fees of ~$27–$105/mo on attached homes
  • Taxes Single-family homes carry a ~$1,600/yr infrastructure special assessment (28-year schedule, prepayable); a village backup SSA exists but is levied only if the HOA fails to maintain common areas
  • School District Oswego CUSD 308 — verify current attendance boundaries with the district for any address

Lakewood Creek Home Types & Prices

Pricing reflects Lakewood Creek sales and active listings as of mid-2026.

$225K–$300K

Townhomes, duplexes & condos

The attached sections deliver Montgomery’s most attainable ownership — roughly 930–1,700 sq ft, two to three bedrooms, with sub-association fees covering exterior work. Steady demand from first-time buyers and downsizers keeps these moving fast.

$300K–$450K

Single-family homes

Two-story singles from the 2001–2009 wave, roughly 1,600–3,400 sq ft with two-car garages and full basements. The 2025 median landed near $340K. Factor the ~$1,600/yr special assessment into any payment comparison.

Lakewood Creek Homes for Sale

A dedicated Lakewood Creek listings feed is coming soon. In the meantime, browse every active Montgomery listing — updated daily from the MLS — and tell us you’re watching Lakewood Creek; we’ll alert you the moment anything lists here.

Search All Montgomery Homes

What Living Here Comes With

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Clubhouse, pool & tennis

The residents’ clubhouse at 2799 Oakmont Drive anchors an outdoor pool, tennis courts, and gathering space — amenities usually found at much higher price points in the Fox Valley.

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Elementary school inside the community

Lakewood Creek Elementary (SD 308, K–5) sits on Lakewood Creek Drive in the middle of the subdivision — a short walk for much of the community.

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Parks, ponds & trails

Neighborhood parks, stocked ponds, and internal trails connect the sections, with the Fox Valley Park District network and Virgil Gilman Trail minutes away.

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Everyday convenience

Orchard Crossing (Walmart, Aldi) and the Ogden Hill corridor on US 30 sit at the community’s doorstep; the Aurora Metra is about a 12-minute drive.

Schools Serving Lakewood Creek

Lakewood Creek is served by Oswego Community Unit School District 308. Verify current attendance boundaries with the district before purchase — assignments can change.

Lakewood Creek Elementary School

SD 308 · K–5

Located inside the subdivision at 2301 Lakewood Creek Drive — the walk-to-school anchor of the community.

Thompson Junior High School

SD 308 · 6–8

In nearby Oswego; the typical junior high assignment for Lakewood Creek addresses (some feed Traughber — verify by address).

Oswego High School

SD 308 · 9–12

The district high school serving most Montgomery SD 308 addresses, on Route 71 in Oswego.

Getting Around from Lakewood Creek

Around Montgomery

The community sits west of Orchard Road with Orchard Crossing retail (Walmart, Aldi, Walgreens) and the US 30 corridor at its edge. Downtown Montgomery’s riverfront, Montgomery Park, and Gray’s Mill are about five minutes east.

Commuting to the Suburbs

Orchard Road runs north to a full I-88 interchange at North Aurora in about 15 minutes. Aurora’s employment corridor — including Rush Copley and the Caterpillar plant — is 5–15 minutes.

Getting to Chicago

The Aurora Transportation Center is about a 12-minute drive, with BNSF Metra trains reaching Union Station in roughly an hour. Driving, plan 60–75 minutes to the Loop via I-88 outside rush hour.

Lakewood Creek FAQs

How much does a home in Lakewood Creek cost?
As of mid-2026, attached homes (townhomes, duplexes, condos) trade roughly $225K–$300K and single-family homes roughly $300K–$450K, with the 2025 median near $340K. Call or text Kealan at 630-381-4995 for current comps.
What is the Lakewood Creek special assessment?
Most single-family homes carry an infrastructure special assessment of roughly $1,600 per year on a 28-year amortization schedule (it increases modestly per the schedule and can be prepaid). It funded the community’s original infrastructure and appears on the tax bill — we pull the exact figure for any address before you offer.
What are the HOA fees in Lakewood Creek?
The master association runs $452/yr (2026, billed quarterly). Attached sections add sub-association fees of roughly $27–$105/mo covering exterior maintenance. A village backup SSA exists but is only levied if the HOA stops maintaining common areas.
Does Lakewood Creek have a pool?
Yes — a residents-only outdoor pool at the clubhouse on Oakmont Drive, plus tennis courts, parks, ponds, and trails throughout the community.
What schools serve Lakewood Creek?
Oswego CUSD 308: Lakewood Creek Elementary sits inside the subdivision, followed by Thompson (or Traughber) Junior High and Oswego High School. Verify the current assignment for any specific address with the district.
Is Lakewood Creek a good investment?
Rental demand is steady — the amenity package, in-community school, and attainable attached pricing draw consistent tenant interest. Factor the HOA, sub-association, and special assessment into cash-flow math; we run those numbers for investor clients regularly.

Buy or Sell in Lakewood Creek

Our office is minutes from Lakewood Creek, and we know every section of the community. Get real answers about pricing, fees, and what’s coming to market.