The median home in Gages Lake, Illinois is valued at $316,576, up 4.2% year over year. Gages 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$316,576
+4.2%
AFFORDABILITY6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Gages Lake.
$63,315 on $316,576
Out of reach — 37.4% of income
Need $100,243/yr to afford.
PITI$2,339
P/I37.4%
Afford$237K
Gap-$80K
P&I $1,601Tax $588Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Illinois
Compare Gages Lake with other housing markets across Illinois.
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 →