City

FOREST LAKE, IL

Chicago-Naperville-Elgin, IL-IN-WI

The median home in Forest Lake, Illinois is valued at $440,084, up 5.1% year over year. Forest Lake is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Chicago-Naperville-Elgin, IL-IN-WI stress score, crash risk, and 12-month forecast →

Home Value$440,084

+5.1%

AFFORDABILITY

Enter your income for Forest Lake.

Income (annual)

Down Payment

$88,017 on $440,084

Out of reach — 51.1% of income

Need $136,843/yr to afford.

PITI$3,193

P/I51.1%

Afford$241K

Gap-$199K

P&I $2,225Tax $818Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Forest Lake with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro →