Third Lake, IL
- Elevation
- 773 ft USGS GNIS community points and 3DEP elevation · GNIS 2026-07-06; USGS 3DEP sampled 2026-07-23
- General Quality Overall rating out of 100
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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.
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.
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