Lincolnshire is a village in Vernon Township, Lake County, in the U.S. state of Illinois. The village is a northern suburb of Chicago. The population of Lincolnshire was 7,275 at the 2010 census. Lincolnshire was incorporated on August 5, 1957, from the unincorporated Half Day area when land was purchased to build a residential subdivision. The community underwent an aggressive era of expansion from 1983 to the 1990s.