WorkspaceTop ListsAboutContact Us

Third Lake, IL

View of Third Lake, IL
Image credit: Sdancuo / CC BY-SA 4.0
Population
1,103
U.S. Census Population Estimates Program · 2025
Elevation
773 ft
Median Home Value
$361,500
U.S. Census American Community Survey 5-Year · 2024
Median Income
$150,139
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

Highlights

What stands out in Third Lake

Explore

More places like Third Lake

OverallBest places in IllinoisPopulation rankingHighest population places in IllinoisNearest larger communityGrayslake, Illinois2.4 miles away · 21,140 residents.

About Third Lake

Third Lake is a small, quiet village in central Lake County, bordered by Druce Lake and neighboring Grayslake. Home to around a thousand residents, the community offers a relaxed lifestyle focused on peaceful waterfront living. Everyday routines revolve around leafy streets, fishing, kayaking, and shoreline walks, while shopping, dining, and commuter routes in nearby Gurnee and Libertyville remain just a short drive away.

New Gracanica Serbian Orthodox Cemetery in Third Lake, Illinois

The area's most recognizable landmark is the New Gračanica Serbian Orthodox Monastery, a striking property known for its Byzantine architecture, colorful interior frescoes, and peaceful grounds. It brings an unexpected cultural presence to this sleepy residential enclave. For homebuyers looking for a calm lakeside setting with a strong neighborhood feel, Third Lake offers a cozy place to settle down.

Top Rating Signals

Highest current ratings for this town.

Lower County Wildfire Hazard Potential ClassA+100.0ratingLower Projected Late-Century County-Area Exposure to Sea-Level RiseA+100.0ratingLow PopulationA+100.0rating

Loading town details...