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Cambridge Lakes, Pingree Grove, IL
About Cambridge Lakes
Cambridge Lakes is a townhome and single family home community built by D.R. Horton from the mid to late 2010's. Homes range in size from 985 to 3,388 square feet. Cambridge Lakes is located in Pingree Grove, Illinois west of Route 47 and south of Route 72. There are currently 114 homes for sale ranging from $275,000 to $524,990. It is managed by Foster Premier - (847) 459-1222, FirstService Residential - (847) 459-0000, Property Specialists - (847) 806-6121, and McGill Management - (847) 259-1331.
Dogs Allowed
Cats Allowed
Bike Room/Bike Trails Exercise Room Health Club Park/Playground Party Room Pool-Outdoors Pool-Indoors Storage Tennis Court/s On Site Manager/Engineer Sundeck
Models in Cambridge Lakes
| Model | Beds | Baths | Size | Basement |
|---|---|---|---|---|
| Addison | 3 | 2 | 1,899 ft2 | Full |
| Amherst | 4 | 2.1 | 3,018 ft2 | Full,English |
| Andover | 2 | 2.1 | 1,400 ft2 | None |
| Ashland | 4 | 2.1 | 3,246 ft2 | Full |
| Bellamy | 4 | 2.1 | 2,051 ft2 | Full |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
Cambridge Lakes home sales for the month of February decreased in volume by 81% when compared to last year, while the median sale price rose by 38.3% from $311,990 to $431,495. The number of Single Family homes sales decreased by 50%, while the median sale price rose by 9.9% from $402,990 to $442,990. Condo/townhome sales decreased by 93.3%, while the median sale price decreased by 7.4% from $309,990 to $287,000.
|
272
|
244
|
231
|
252
|
| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
|
$245,000
|
$302,495
|
$308,990
|
$319,990
|
| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price
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Number of Sales
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Real Estate Sales for February
| February | Year to Date (Jan 1 - March 16) | |||||
|---|---|---|---|---|---|---|
| 2024 | 2025 | % Change | 2024 | 2025 | % Change | |
| Homes Sold | 21 | 4 | -81% | 61 | 31 | -49.2% |
| (Single Family) | 6 | 3 | -50% | 23 | 16 | -30.4% |
| (Condos/Townhomes) | 15 | 1 | -93.3% | 38 | 15 | -60.5% |
| Median Sale Price | $311,990 | $431,495 | +38.3% | $319,990 | $363,650 | +13.6% |
| (Single Family) | $402,990 | $442,990 | +9.9% | $400,000 | $416,490 | +4.1% |
| (Condos/Townhomes) | $309,990 | $287,000 | -7.4% | $304,490 | $290,000 | -4.8% |
| Days on Market | 12 | 28 | +129.2% | 12 | 22 | +83.3% |
| (Single Family) | 4 | 34 | +871.4% | 7 | 23 | +228.6% |
| (Condos/Townhomes) | 15 | 7 | -53.3% | 17 | 22 | +29.4% |
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Gary Wright Elementary School | 300 | Elementary | P-5 |
| Gilberts Elementary School | 300 | Elementary | P-5 |
| Hampshire Elementary School | 300 | Elementary | K-5 |
| Dundee Middle School | 300 | Middle | 6-8 |
| Hampshire Middle School | 300 | Middle | 6-8 |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
Pingree Grove Forest Preserve 14N187 U.S. Highway 20 |
Hiking Paths Horseback Riding |
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