Why Live in Round Lake Beach
Round Lake Beach, IL, is a working-class suburb located about 50 miles northwest of Chicago in Lake County. Originally a summer getaway, it has evolved into a full-time home for approximately 28,000 residents who appreciate its affordability and convenient commute to the city. The village is situated along Round Lake, attracting boaters and anglers, while most residents focus on daily life, commuting, and family activities. The community is known for its down-to-earth feel, with a mix of long-time residents and newer transplants fostering strong neighborhood relationships. Housing options in Round Lake Beach include mid-century ranches, split-level homes, and newer constructions in planned subdivisions, often featuring large yards and detached garages. The nearby Long Lake area offers century-old cottages, lakefront bungalows, and updated single-family homes, with some properties boasting private docks. The village's crime rate is below the national average, contributing to its appeal. Round Lake Beach is part of the Round Lake Community Unit School District No. 116, which has a high rating. Recreational opportunities abound with Lakefront Park offering scenic views and fishing spots, Renwood Golf Course providing an 18-hole public course, and Rollins Savanna Forest Preserve featuring trails for hiking, biking, and birdwatching. Shopping and dining are concentrated on Rollins Road, with national retailers and local businesses, including El Puerto Mexican Restaurant and The Vine - Martini & Wine Bar in nearby Grayslake. Commuting is facilitated by the Round Lake Beach Metra station and nearby highways, with access to Chicago and Milwaukee. Nearby hospitals include NorthShore Immediate Care Center, Northwestern Medicine Grayslake Outpatient Center, and Advocate Condell Medical Center.
Home Trends in Round Lake Beach, IL
On average, homes in Round Lake Beach, IL sell after 18 days on the market compared to the national average of 50 days. The median sale price for homes in Round Lake Beach, IL over the last 12 months is $230,500, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$230,500
Median Single Family Sale Price
$245,000
Median Townhouse Sale Price
$195,000
Median 2 Bedroom Sale Price
$179,750
Median 1 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$182
Number of Homes for Sale
33
Last 12 months Home Sales
255
Median List Price
$239,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%