Lake County Gazette

The number of vacant homes in Lake County was more than 2,500 in the third quarter of 2018, an eight-unit decrease over what it was a year ago, according to real estate numbers reported by ATTOM Data Solutions.

The county had the 10th highest home vacancy rate among 15 Illinois counties with 50,000 or more single-family homes and condos that were part of the analysis. The rate stood at 1.10 percent in the third quarter, unchanged from 1.10 percent in the third quarter of 2017. 

Nationwide, the home vacancy rate was 1.52 percent in the third quarter, representing more than 1.4 million housing units. That’s a 4 percent decrease over what it was a year earlier as activity in the nation’s housing market continued to intensify, according to ATTOM Data. 

The study used county tax assessor information to determine the vacancy status for more than 95 million homes throughout the nation.

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Illinois Counties With Highest Home Vacancy Rates

Rank	County	2018 Single Family Homes & Condos	2018 Vacant Single Family Homes & Condos	2018 Vacant Home Rate (% Vacant)	2017 Vacant Homes	2017 Vacant Home Rate (% Vacant)	Year-over-Year % Change in Vacant Rate
1	Saint Clair	77,000	3,774	4.90%	4,215	5.18%	-5%
2	Peoria	64,160	2,409	3.75%	2,318	3.60%	4%
3	Madison	91,825	2,796	3.04%	2,874	3.04%	0%
4	Rock Island	56,254	1,641	2.92%	1,459	2.76%	6%
5	Winnebago	87,125	2,011	2.31%	2,323	2.53%	-9%
6	Sangamon	68,790	1,366	1.99%	1,397	1.98%	0%
7	Cook	1,367,707	25,458	1.86%	24,766	1.81%	3%
8	Champaign	54,377	930	1.71%	899	1.67%	2%
9	Tazewell	50,463	833	1.65%	833	1.67%	-1%
10	Lake	229,457	2,514	1.10%	2,522	1.10%	0%
11	Mclean	53,479	546	1.02%	527	1.06%	-3%
12	Du Page	314,220	2,705	0.86%	2,604	0.83%	4%
13	Kane	147,293	1,201	0.82%	1,109	0.76%	7%
14	Will	236,220	1,746	0.74%	1,844	0.79%	-6%
15	McHenry	113,213	735	0.65%	674	0.59%	9%

Source: ATTOM Data Solutions