Why Live in Round Lake Beach
Round Lake Beach is a working-class suburb located about 50 miles northwest of Chicago, known for its affordability and easy commute into the city. Originally a summer getaway, it has evolved into a full-time home for approximately 28,000 residents. The village is situated along Round Lake, attracting boaters and anglers, while most residents focus on daily life, commuting, and raising families. The community is characterized by a mix of long-time residents and newer transplants, fostering a tight-knit atmosphere. Homes in Round Lake Beach range from mid-century ranches and split-levels to 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 crime rate in Round Lake Beach is below the national average, contributing to its appeal. Outdoor recreation is plentiful, with Lakefront Park providing scenic views and fishing spots, Renwood Golf Course offering an 18-hole public course, and Rollins Savanna Forest Preserve featuring trails for hiking and birdwatching. Shopping and dining are concentrated on Rollins Road, with national retailers and local businesses catering to various needs. Dining options include El Puerto Mexican Restaurant and The Vine - Martini & Wine Bar in nearby Grayslake. The Round Lake Beach Metra station, 3 miles from the village center, connects to Chicago’s Union Station, while major highways provide access to Chicago and Milwaukee. Nearby hospitals include NorthShore Immediate Care Center and Northwestern Medicine Grayslake Outpatient 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 $233,500, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$233,500
Median Single Family Sale Price
$245,000
Median Townhouse Sale Price
$217,500
Median 2 Bedroom Sale Price
$179,000
Median 1 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$183
Number of Homes for Sale
29
Last 12 months Home Sales
264
Median List Price
$239,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%