Round Lake Beach · Lake County · IL
Homes for sale in
Fairfield Village.
- Active listings
- 3
- Median list
- $200K
- Avg time on market
- 30 days
- Sold · last year
- 23
Active listings
3 homes on the market
Beat the rest of the buyers
Be the first to know when a new Fairfield Village home hits the market
Save the search and you will get a text and an email the moment a new listing matches. Most Fairfield Village homes go under contract in the first week, the buyers who win are the ones who saw it first.
About the community
An attainable, low-maintenance community on the west side of Round Lake Beach.
Fairfield Village is an established residential community on the west side of Round Lake Beach in Lake County, laid out along curved streets like Split Oak Circle and Mallard Creek. Built from about 1999 through the early 2000s, it is a cohesive turn-of-the-2000s subdivision mixing condominiums, townhomes, and some smaller detached single-family homes, with a smaller condo pocket marketed as the Courts of Fairfield Village within the same area. It is one of the more attainable, entry-oriented pockets in Round Lake Beach, popular with first-time buyers, downsizers, and investors drawn to the low-maintenance attached product and the nearby Metra station.
At a glance
Condos, townhomes, and homes
A mix of attached condominiums and townhomes plus some smaller detached single-family homes.
Built around 1999 to 2004
A cohesive turn-of-the-2000s community rather than a mix of eras.
Attainable entry point
One of the more affordable ways into ownership in the Round Lake Beach market.
Low-maintenance attached homes
Association-managed exteriors, landscaping, and snow on much of the product.
Metra North Central Service
The Round Lake Beach station on Mallard Creek Drive offers weekday rail to downtown Chicago.
Parks and open space
Neighborhood park and walking-path access, with the wider Round Lake area's lakes and trails nearby.
Round Lake Area District 116
Served by Community Unit School District 116. Confirm the assigned schools by address.
What’s close
Fairfield Village sits on the west side of Round Lake Beach near the Route 83 and Rollins Road corridors, minutes from the North Central Service Metra station.
- Amenities on-site
- Neighborhood park and open space with walking-path access; some buildings add features like an exercise room, and much of the product is low-maintenance attached housing.
- Schools
- Round Lake Area Schools Community Unit School District 116, with Round Lake Senior High School. Confirm the assigned elementary and middle school by address.
- Shopping
- The Route 83 and Rollins Road retail corridors carry most local shopping, grocery, and dining, with Gurnee Mills a short drive east.
- Train
- The Round Lake Beach station on Metra's North Central Service, a weekday-focused commuter line to Chicago Union Station.
- Highway
- Route 83 and Route 120 (Belvidere Road) are the main arterials, connecting east toward I-94.
- Hospital
- An Advocate Condell immediate-care center is in Round Lake Beach; the nearest full-service hospitals are in Libertyville and McHenry.
What it’s actually like to live here
Fairfield Village is one of the more affordable, low-maintenance ways into the Round Lake Beach market. The mix of condos, townhomes, and smaller single-family homes built around 2000 makes it a natural fit for first-time buyers, people scaling down, and anyone who wants to own rather than rent without taking on a big yard. Because much of the product is attached and association-managed, exterior upkeep, landscaping, and snow are typically handled for you, which is a real draw in a northern-Illinois winter. The tradeoff is the monthly assessment and the usual realities of attached living: shared walls, association rules, and parking managed by the HOA.
Location is a genuine strength for commuters and errand-runners. You are minutes from the Route 83 and Rollins Road retail corridors, and the Round Lake Beach Metra station on the North Central Service gives a one-seat ride to downtown Chicago. The honest caveat is that the North Central Service is a weekday commuter line with limited off-peak and weekend service, so it works best for a traditional downtown commute and less well for spur-of-the-moment city trips; many residents still drive to Gurnee or the I-94 corridor for bigger shopping and for the closest full hospitals.
The wider Round Lake area sells itself partly on outdoor life, with lakes, parks, and trails nearby, and Fairfield Village sits within easy reach of that. Two things are worth weighing realistically. First, the schools: District 116 serves a diverse community and its boundaries should be confirmed by address. Second, as with any association community, do your homework on the HOA's finances, rules, and reputation before committing, since experiences among residents vary.
The questions buyers actually ask
Fairfield Village FAQ
The questions I get most from buyers shopping Fairfield Village. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Most of the attached homes in Fairfield Village carry a monthly assessment (reported roughly in the range of about 175 to 410 dollars depending on the building and unit type). Attached-home dues typically cover exterior and building maintenance, common-area landscaping and snow removal, and master insurance on the structure; detached owners may pay a lower assessment covering common areas only. The exact dues and inclusions vary by building, so confirm them on a per-unit basis.
- What are property taxes like?
- Roughly $3,500 – $6,000 per year, depending on home size and value. Lake County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- What kinds of homes are in Fairfield Village?
- A mix of condominiums, townhomes, and some smaller detached single-family homes, most built between about 1999 and the early 2000s, generally in the one-to-three-bedroom range and roughly 620 to 1,640 square feet.
- Is there an HOA and what does it cover?
- Yes. Most attached homes pay a monthly assessment (reported roughly in the 175 to 410 dollar range depending on unit and building). Assessments on attached product typically cover exterior and building upkeep, common-area landscaping and snow, and master insurance. Confirm the exact fee and what it includes for any specific unit before you buy.
- Which schools serve Fairfield Village?
- The community is in Round Lake Area Schools Community Unit School District 116, with Round Lake Senior High School serving the high school grades. The specific assigned elementary and middle school depend on the exact address and can change, so confirm the current assignment with the district before relying on it.
- How is the commute to Chicago?
- The Round Lake Beach Metra station on the North Central Service offers rail service toward Chicago Union Station. It is a weekday-focused commuter line with limited off-peak and weekend trains, so it suits a standard downtown work schedule; drivers use Route 83, Route 120, and I-94 to the east.
- What are property taxes like?
- Lake County has relatively high property taxes, with an approximate effective rate in the low-to-mid 2 percent up to roughly 3 percent of market value range for the Round Lake Beach area. Exact amounts depend on assessed value and exemptions, so verify any specific parcel with the Lake County Treasurer and Assessor.
- What do homes cost and how is the market?
- Fairfield Village is one of the more attainable, entry-level pockets in Round Lake Beach, popular with first-time buyers, downsizers, and investors. Pricing moves with the market, so check the live Market snapshot on this page for current for-sale and recently-sold activity rather than relying on a fixed number.
- Who is the real estate agent for Fairfield Village?
- Joe Keegan is the local licensed Illinois real estate broker who covers Fairfield Village in Round Lake Beach, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Fairfield Village specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Fairfield Village
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Round Lake Beach specialist
- Honest local market take
- Brokerocity
Market snapshot
Fairfield Village, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$199,900
Typical sale price · last 90 days
$183,000
Homes for sale right now
3
Avg time on market
30 days
Sold in the last year
23
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 7, 2025 through August 7, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
- No obligation, no spam, no auto-dialer
Other communities