Lake County, Illinois
Third Lake Real Estate and Local Guide
A small lakeside village in Lake County built around Third Lake and Druce Lake, incorporated in 1959 to limit development and pollution. It is the headquarters of the Serbian Orthodox Diocese of New Gracanica. Ranked Realty pairs verified local data with the agents who know Third Lake best.
About the area
Living in Third Lake, IL
Home to the New Gracanica church and monastery complex, a scaled replica of the Gracanica monastery in Kosovo.
The housing market
Homes in Third Lake
- About 99.2% of occupied housing units are owner-occupied.
- About 94.4% of housing units are single-family detached homes.
- The median home value is about $329,500.
Landmarks and lifestyle
What makes Third Lake home
New Gracanica Monastery
Serbian Orthodox monastery and diocese headquarters, a replica of the Gracanica monastery in Kosovo, consecrated in 1984
Third Lake and Druce Lake
Two lakes that give the village its name and character, with water covering about a third of the village area
Neighborhoods
Third Lake areas to know
Mariner's Cove
Lakeside residential neighborhood within the village
For agents
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Local facts on this page are verified against public sources as part of the AppWT local-data project. Data reflects the most recent available figures.