Leisure Village

Independent Assessment

Leisure Village's core identity as a gated, resident-owned, condominium-association-governed 55+ community in Fox Lake, built 1972-1978, is confirmed by consistent agreement between the community's own site (leisurevillagefoxlake.com), multiple independent directories, and the Leisure Village Condominium Association's presence on Yelp and neighborhood-association listing sites. The community's ownership structure -- a condominium association with individually owned attached homes, governed by a resident-elected Board of Managers -- is clearly distinct from a co-op or land-lease structure, and no evidence contradicting that characterization was found; it is a confirmed for-sale, resident-owned community and should not be confused with an unrelated Indiana rental brand of a similar name.

Who May Find This Community Appealing

Buyers drawn to one of the longer-established, gated 55+ communities in the Lake/McHenry corridor -- with a genuinely low-pressure, walk-on 9-hole golf course and a large, well-rounded recreation center (auditorium, woodworking shop, library) -- will find Leisure Village appealing, particularly those who prefer a compact, resident-governed condominium structure over a larger master-planned HOA. Its Fox Lake location near the Wisconsin border also suits buyers who want a quieter, lake-region setting within reasonable reach of the broader Chicago metro.

Homes, Builders & Development History

Leisure Village was built in phases from 1972 to 1978 on 100 acres in Fox Lake, Lake County. The original 1970s-era developer was not found. The community comprises 360 ranch-style attached homes ranging from 755 to 1,705 square feet, organized as the Leisure Village Condominium Association and governed by a resident-elected Board of Managers. The community is now fully built out, with all current purchases being resale.

Current Pricing & Market Positioning

A comprehensive current price range for Leisure Village homes was not found; individual listing data was not consistently available across sources. Buyers should request current comparables directly from a local agent experienced with Leisure Village or the Leisure Village Condominium Association.

New Construction vs. Resale Considerations

Leisure Village has been fully built out since the late 1970s, so all current purchases are resale. Given the community's 1972-1978 construction span, buyers should expect older building systems and should budget for a full independent inspection, and should request the condominium association's current financials, reserve study, and governing documents before purchasing.

Taxes, Insurance & Special Assessments

Homes at Leisure Village are subject to Lake County property tax administration, and as a condominium association, the master building/common-area insurance is typically held by the association rather than individual unit owners; Illinois applies a flat 33.33% assessment ratio to residential property outside Cook County. Current effective property tax rates and the condominium association's specific insurance coverage are not independently confirmed; buyers should confirm exact current figures with the Lake County Assessor's Office and the Leisure Village Condominium Association.

Golf

Leisure Village's 9-hole, par-3 golf course is a walk-on course with no tee times required, making it a low-pressure, easy-access amenity for residents rather than a championship-style course. Current membership fees and hours have not been independently confirmed; golfers should confirm current terms directly with the community.

Community Layout & Lifestyle

Leisure Village offers a compact, resort-adjacent 55+ lifestyle on 100 gated acres, anchored by a walk-on 9-hole golf course, an Olympic-size pool, and a well-rounded recreation center including a 250-seat auditorium, woodworking shop, and library. As one of the older communities in this corridor (built 1972-1978), it offers an established, close-knit social environment reflecting more than five decades of continuous community programming, governed directly by residents through the Leisure Village Condominium Association's elected Board of Managers.

Shopping, Healthcare & Airport Access

Leisure Village is located in Fox Lake, Lake County, roughly 60 miles northwest of Chicago near the Wisconsin state line. The gated community's location places residents within the broader Fox Lake chain-of-lakes region, with access to Route 12 and Route 59 for travel within Lake County and toward the Chicago metro.

Age Qualification & Material Ownership Restrictions

Leisure Village is confirmed as an age-restricted 55+ community by the community's own site and multiple independent directories. Illinois independently codifies a substantively similar 'housing for older persons' exemption directly into state law at 775 ILCS 5/3-106 of the Illinois Human Rights Act, requiring at least 80% of occupied units to have at least one resident 55 or older, published policies demonstrating that intent, and compliance with Illinois Department of Human Rights verification rules. The condominium association's own recorded declaration or bylaws were not independently reviewed for the specific age-verification language; buyers should confirm current requirements directly with the Leisure Village Condominium Association.

Tradeoffs & Limitations

As a condominium community built in the 1970s, buyers should expect older building systems and infrastructure relative to newer communities in this corridor (such as Briargate or Grand Reserve Algonquin), and should budget for a full independent inspection given the community's age. A comprehensive current price range and the original developer remain unconfirmed; buyers should request current comparables and building-specific maintenance/reserve history directly from the Leisure Village Condominium Association or a local agent. As a condominium association rather than a single-family HOA, buyers should also confirm specific bylaws around rentals, pets, and renovations that may differ from single-family 55+ communities.

Comparison With Nearby Communities

Leisure Village is one of the oldest communities in this Lake/McHenry corridor batch (built 1972-1978, alongside Sun City Huntley's 1999 start and several newer communities like Briargate), and its condominium-association, resident-owned governance structure with a walk-on 9-hole golf course distinguishes it from the larger single-family HOA communities nearby. Within Lake County, it is geographically closer to Grayslake's Saddlebrook Farms and Carillon North than to the newer communities in Mundelein and Lindenhurst.

Current Listings

A connected local agent experienced with Leisure Village's condominium purchase and approval process can provide current available inventory and recent closed comparables.

Is Leisure Village in Fox Lake, Illinois resident-owned?

Yes. Leisure Village is organized as the Leisure Village Condominium Association, with individually owned attached homes governed by a resident-elected Board of Managers -- a for-sale, resident-owned structure, not a rental community.

How many homes are in Leisure Village?

360 ranch-style attached homes, ranging from 755 to 1,705 square feet, built in phases from 1972 to 1978.

Does Leisure Village have golf?

Yes, a walk-on, no-tee-time 9-hole, par-3 golf course, along with an Olympic-size pool and an extensive recreation center.

Is this the same as 'Leisure Living' in Indiana?

No. Leisure Village in Fox Lake, Illinois is an unrelated, separately owned and operated community from any similarly named rental community in other states; confirm the specific community and state when researching either.