Building Permits — Bannockburn, Illinois

Insightsi

1 housing unit were permitted in 2024.

•96% fewer units than the average Lake County town (23), suggesting slower-than-typical growth.
•Average unit valued at $2.2M — 430% above the Lake County average of $408K, indicating higher-end construction.
•All permits were for single-family homes — no multi-family construction.

Bannockburn vs. Avg. Lake Co. Town (2024)i

BannockburnAvg.Diff

Total Unitsi123-96%

Total Valuei$2.2M$9.4M-77%

Single-Familyi112-92%

Multi-Familyi011-100%

Buildingsi112-92%

Value / Uniti$2.2M$408K+430%

Housing Units Permittedi

Solid line is Bannockburn; dashed line is Lake County average.

Construction Valuei

Solid line is Bannockburn; dashed line is Lake County average.