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According to the 2010 census, Lake Villa has a total area of 6.994 square miles (18.11 km 2 ), of which 6.19 square miles (16.03 km 2 ) (or 88.5%) is land and 0.804 square miles (2.08 km 2 ) (or 11.5%) is water.
The village lies in a gently rolling moraine landscape, dominated by lakes of glacial origin. Among these are Cedar Lake, north of the village center, and Deep Lake, to the east. There are several smaller lakes and ponds, along with a complement of wetlands. The lakes and ponds have been important in Lake Villa's historic tourist industry, and over the years led to a small ice industry.
Drainage is ultimately to the Des Plaines and Fox rivers, both of which flow to the Illinois River and ultimately the Mississippi .
The Wisconsin Central Railway runs through the village center. This is a heavily used freight line which also carries Metra commuter rail traffic from Antioch, Illinois to the Chicago Loop .