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Round Lake

Round Lake

$339,693 Average Value
$171 Average Price per Sq Ft
18 Homes For Sale

The birthplace and centerpiece of the Round Lake Area

Round Lake is one of four villages in north-central Lake County, Illinois, highlighting Round Lake in its name. After its founding as an ice-cutting industry town near the southwest shore of its namesake lake in 1909, Round Lake’s leaders weren’t particularly aggressive about annexing additional land. As a result, neighboring communities Round Lake Park, Round Lake Beach and Round Lake Heights were all incorporated separately by the middle of the 20th century. So, while the communities are interconnected in many ways, including their library and school districts, they have separate municipal governments and distinctive identities. With just under 18,500 residents, the Village of Round Lake is the second-largest Round Lake Area community.

Round Lake is the perfect spot to enjoy the sun, go fishing or relax on the beach.
Round Lake is the perfect spot to enjoy the sun, go fishing or relax on the beach.
Living in Round Lake is an affordable option with average listing prices at $275,000.
Living in Round Lake is an affordable option with average listing prices at $275,000.
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Home values more affordable than Lake County median

With a median home value of around $280,000, Round Lake has the highest median home value of the Round Lake Area communities. That figure is well below the national median value and more than $75,000 below the Lake County median. Real estate agent Ivonne Payes of Payes Homes LLC credits a recent uptick in renovations with a rise in local home values. “People here care about their community and want to see it succeed,” Payes says. “Residents who grew up here have been reinvesting in the community in recent years by buying and renovating some of the more run-down homes in the area.”

A lakefront escape home, complete with boat dock, sits next to Round Lake.
A lakefront escape home, complete with boat dock, sits next to Round Lake.
Large yards, spacious garages and two-story houses are options in beautiful Round Lake.
Large yards, spacious garages and two-story houses are options in beautiful Round Lake.
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Round Lake High School serves all four Round Lake Area communities

Round Lake students attend Village Elementary School and Magee Middle School, both of which receive C-ratings on Niche. All Round Lake Area students attend Round Lake High School, which receives a B-minus rating. High school juniors and seniors can participate in the Business Incubator Program, where entrepreneurs mentor them to develop their own product or service.

College of Lake County, a two-year community college, is 5 miles away in Grayslake.

Village Elementary School offers students extra-curricular activities such as soccer & chorus.
Village Elementary School offers students extra-curricular activities such as soccer & chorus.
Round Lake High School scores a Niche grade of a B in college prep and clubs/activities.
Round Lake High School scores a Niche grade of a B in college prep and clubs/activities.
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Metra line connects to Chicago — and Round Lake's past

Location was crucial to the Village of Round Lake’s founding. The Milwaukee Road rail line, which connected Chicago to Janesville, Wisconsin, was built through the area in the 1890s. This allowed ice to be harvested from Round Lake and used to refrigerate the rail cars that Armour and Company used to transport meat across the country from the Chicago Stockyards. Advances in refrigeration made all that unnecessary, but today, the same rail line takes Metra commuters on a 90-minute trip to Chicago Union Station. Chicago O'Hare Airport is about 35 miles south of Round Lake, and Milwaukee Mitchell Airport is 50 miles to the northeast.
Pace Bus Route 570, which connects Fox Lake to the College of Lake County, has multiple stops in Round Lake.

Nippersink Forest Preserve, Chain O'Lakes provide outdoor recreation

Lake access in the Village of Round Lake is limited to private property along the lakefront. Public access is only available in Round Lake Beach and Round Lake Park. Nonetheless, Round Lake residents have ample opportunity to hit the water thanks to the nearby Chain O’Lakes, a system of 15 connected lakes encompassing 7,100 acres of water. Long Lake, just north of the Village of Round Lake, is the southernmost lake in The Chain.

Nippersink Forest Preserve is in the center of the community and is home to 329 acres of century-old oak woodlands, lakes and marshes. The forest preserve features 3 miles of trails, picnic shelters and fishing piers.

“Round Lake is a great place to raise a family,” Payes says. “People have room to enjoy nature with the lakes and natural areas.”

Indoor recreation is available at the Robert W. Rolek Community Center, which also serves as a senior center and child development center.

Nippersink Forest Preserve is home to 329 acres of century-old oak woodlands, lakes and marshes.
Nippersink Forest Preserve is home to 329 acres of century-old oak woodlands, lakes and marshes.
Nippersink Forest Preserve joins the public sidewalk, with access to surrounding communities.
Nippersink Forest Preserve joins the public sidewalk, with access to surrounding communities.
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Shopping and dining are largely located in neighboring towns

Shopping and dining are limited in Round Lake, with most nearby shops and restaurants located in neighboring Round Lake Beach and Fox Lake. However, there are some options available in Round Lake’s one-block downtown, including Twisted Burger and La Luz Bakery Panderia y Pasteleria.

Delicious food, from burgers to salads,  is available in the highly regarded Twisted Burger.
Delicious food, from burgers to salads, is available in the highly regarded Twisted Burger.
A variety of international products line the shelves of Lomeli's International Supermarket.
A variety of international products line the shelves of Lomeli's International Supermarket.
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Close to Lake County Fairgrounds

The village hosts a handful of annual events, including a summer concert series on the grounds of Rolek Community Center. In late July, the Round Lake Car Show brings dozens of classic cars to downtown Round Lake. The downtown Christmas tree is lit on the first Friday in December.

The Lake County Fairgrounds are about 5 miles southeast of Round Lake. The Fair is held annually in late July, and the Event Center hosts events throughout the year, including the Northern Illinois Boat Show.

Pleasant summers make up for frigid winters

As its ice-making history indicates, Round Lake can experience frigid winter conditions. Summers, on the other hand, are often pleasant, with an average daily temperature near 70 degrees between June and August.

Round Lake’s violent and property crime rates were around half of the national average in 2023.

Alex Hickey
Written By
Alex Hickey
Otto Rascon
Photography Contributed By
Otto Rascon
Charlie Lingner
Video By
Charlie Lingner

Interested in learning more about homes in this area? Reach out to Ron Becker, an experienced agent in this area.

Agents Specializing in this Area

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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

Parks in this Area

Area Facts

Number of Homes
6,464
Number of Homes for Sale
18
Median Year Built
2002
Months of Supply
0.90
Average Single Family Home Size Sq Ft
2,345
Above the national average
1,930
Average Townhouse Size Sq Ft
1,548
Average 2 Bedroom Size Sq Ft
1,423
Average 1 Bedroom Size Sq Ft
944
Median Lot Size Sq Ft
10,454

Open Houses

  • Sunday, Mar 15

    440 N Keswick Ct, Round Lake, IL 60073

    $279,000

    • 2 Beds
    • 2.5 Baths
    • 1,552 Sq Ft
    • 440 N Keswick Ct
    • New 4 days ago

    Welcome home to this beautifully maintained 2-story townhouse offering space, privacy, and peaceful pond views. From the moment you arrive, you'll love the enclosed private front courtyard, creating a welcoming entrance and the perfect spot for outdoor relaxation or gardening. Inside, the home features large room sizes and an open floorplan designed for comfortable living and easy entertaining.

    Domenica Koch @properties Christie's International Real Estate

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  • Sunday, Mar 15

    796 Singing Hills Dr, Round Lake, IL 60073

    $469,900

    • 4 Beds
    • 2.5 Baths
    • 2,876 Sq Ft
    • 796 Singing Hills Dr
    • New 2 days ago

    From the moment you arrive, the charming front porch and inviting curb appeal set the tone for this beautifully maintained home nestled in a peaceful neighborhood where comfort and convenience meet. Step inside the impressive two-story foyer and immediately notice how sunlight pours through the home, highlighting rich Brazilian cherry hardwood floors and elegant architectural arches that create a

    Sherri Esenberg Berkshire Hathaway HomeServices Starck Real Estate

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  • Sunday, Mar 15

    283 W Whispering Oaks Ln Unit 322, Round Lake, IL 60073

    $217,900

    • 3 Beds
    • 1.5 Baths
    • 1,656 Sq Ft
    • 283 W Whispering Oaks Ln
    • Unit 322
    • New 4 days ago

    Beautifully updated town-home nestled in the quiet and private Treehouse in the Woods. Truly nothing to do but move in and enjoy. Fully updated kitchen complete with appliances, shaker style soft close cabinets and quartz counter tops. The home feature luxury vinyl flooring throughout. Don't forget the updated bathrooms and large balcony. With newer central air, furnace and windows to he newly

    Dawn Bremer Keller Williams Success Realty

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Round Lake

Property Mix - Square Feet

Round Lake Has More Owners

Demographics

Total Population
19,177
Median Age
37
Population under 18
27.4%
On par with the national average
23.8%
Population over 65
12.6%
Below the national average
19.1%

Finances

Median Household Income
$103,374
Above the national average
$79,601
Average Household Income
$119,286

Education and Workforce

High School Graduates
88.6%
College Graduates
35.6%
Advanced Degrees
7.7%
Below the national average
13.3%
% Population in Labor Force
74.8%
Above the national average
64.9%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
16°F
Average Summer High Temperature
81°F
Annual Snowfall
23''

Area Factors

Somewhat friendly

Bike Score®®

30 / 100

Somewhat friendly

Walk Score®®

20 / 100

Not friendly

Transit Score®®

0 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Round Lake