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Three Fountains on the Lake

Three Fountains on the Lake

Three Fountains on the Lake
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

5500 Carriageway Dr,
Rolling Meadows, IL 60008-3992
165 Units
2 Stories
1978 Year Built
$154K - $288K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Elevator
  • Rolling Meadows High School Rated A+
  • Waterfront
  • Community Pool
  • Outdoor Tennis Courts
  • Sundeck

Charming Community with Scenic Views

Three Fountains on the Lake is a two-story condominium complex completed in 1978, located in the picturesque Busse Woods neighborhood. With 165 units, this community offers a blend of comfort and convenience, featuring a brick facade with balconies and a gabled roof adorned with dormer windows. The building's design provides a welcoming atmosphere, perfect for those seeking a peaceful living environment with easy access to urban amenities.

Diverse Layouts with Modern Comforts

The condominium offers a variety of floor plans, ranging from cozy studios to spacious three-bedroom units. Studio units, approximately 500 square feet, feature one bathroom and are ideal for those seeking a compact living space. One-bedroom units range from 700 to 950 square feet, with prices around $140,000, offering a comfortable layout with modern amenities. Two-bedroom units, spanning 900 to 1,340 square feet, are priced between $235,000 and $255,000, providing ample space with two bathrooms and elegant features like hardwood floors and updated kitchens. The three-bedroom units, the largest at 2,300 to 2,380 square feet, include three bathrooms and are priced around $280,000. These units boast luxurious touches such as granite countertops, stainless steel appliances, and stunning pond views from private patios. Monthly HOA fees range from $500 to $600, covering heat, water, parking, and access to community amenities like the clubhouse and pool.

Comprehensive Amenities for Relaxed Living

Residents of Three Fountains on the Lake enjoy a range of amenities designed to enhance their lifestyle. The community features an outdoor pool, tennis courts, and a clubhouse, providing spaces for recreation and social gatherings. The building is pet-friendly, allowing cats and birds, and offers practical conveniences such as air conditioning, walk-in closets, and balconies. Business services include an elevator, laundry room, storage space, and a heated garage, ensuring comfort and ease for all residents. Trash and snow removal services are also provided, contributing to a well-maintained environment.

Vibrant Community with Natural Beauty

Located in the Busse Woods neighborhood, Three Fountains on the Lake offers residents a unique blend of urban convenience and natural beauty. The nearby Ned Brown Forest Preserve, also known as Busse Woods, provides endless opportunities for outdoor recreation with its expansive trails and scenic landscapes. For shopping enthusiasts, Woodfield Mall is a short drive away, offering a variety of retail options. Dining options abound, with local favorites like Los 2 Pollos Mexican Kitchen and Tacos Jerez providing delicious meals close to home. The area is also home to several parks, including Waverly Park and Sunset Park, offering playgrounds and picnic areas for family outings. Educational facilities such as Rolling Meadows High School are conveniently located, making the neighborhood ideal for families.

Accessible Transit and Convenient Commutes

Transportation options near Three Fountains on the Lake make commuting straightforward and efficient. The Arlington Park Metra Station, located about 10 minutes away, connects residents to the Union Pacific Northwest Line, facilitating travel to downtown Chicago and beyond. For those who prefer driving, major highways such as Interstate 90 and State Route 58 provide easy access to surrounding areas. Local bus stops along Golf Road offer additional public transit options. Chicago O'Hare International Airport is approximately 20 minutes away, providing convenient access for air travel. The building's location ensures residents can easily navigate both local and regional destinations.

Building Details

Recreation

  • Outdoor Tennis Courts
  • Community Pool

Outdoor Features

  • Waterfront
  • Sundeck

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Resident Manager or Management On Site

Parking

  • 1 Garage Space Per Unit
  • 1 Car Attached Garage
  • On-Site Parking

Pet Policy

  • Cats Allowed

Condo Association

  • $555 Monthly HOA Fees
  • Monthly HOA Fees Range from $555 - $635
  • Association fees include heat, water, gas, parking, insurance, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • Geri Association, Phone Number (630) 627-3303
  • Three Fountains On The Lake Subdivision
  • Property managed by Hillcrest Managment

Building Design

  • Elevator

Unit Features

  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Unit Information By Building

Unit
114
302
Date
07/11/2024
12/02/2024
Beds
3 Beds
2 Beds
Baths
3 Baths
2 Baths
Sq Ft
2,380
1,340
Price
$280,000
$242,000
Price / Sq Ft
$118 / Sq Ft
$181 / Sq Ft

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
None Available
Est. Values
$153,667 - $197,667
2 Bedroom Units
Sq Ft Range
900 - 1,340
Est. Values
$155,848 - $262,238
3 Bedroom Units
Sq Ft Range
2,380
Est. Values
$188,000 - $288,450
All Units
Sq Ft Range
900 - 2,380
Est. Values
$153,667 - $288,450

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Somewhat Bikeable

Bike Score®

48 / 100

Car-Dependent

Walk Score®

21 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$4 - $20K
Range of Taxes in Building
$56 - $5,120
Range of Taxes per Sq Ft
$0.04 - $5.15

Property Tax History

Source: Public Records

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