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Lily Lake is a village in Kane County, Illinois, United States. The town is 15 miles (24 km) southwest of Elgin and 45 miles (72 km) west of Chicago. The village is part of the Chicago metro area. It was incorporated as a village on November 6, 1990. The population was 993 at the 2010 census, up from 825 in 2000.
Lily Lake was originally called "Canada Corners" (after the large number of Canadians settled there) and was located further north. The settlement shifted its location when the railroad was built and changed its name to "Lily Lake", referring to a local lake.
Lily Lake is located in central Kane County at 41°56′33″N 88°28′15″W (41.942438, -88.470779), in the western part of Campton Township. Neighboring villages are Campton Hills to the east and Virgil to the west.
According to the 2010 census, Lily Lake has a total area of 2.741 square miles (7.10 km2), of which 2.74 square miles (7.10 km2) (or 99.96%) is land and 0.001 square miles (0.00 km2) (or 0.04%) is water.
As of the census of 2000, there were 825 people, 252 households, and 215 families residing in the village. The population density was 367.3 people per square mile (141.6/km²).