Round Lake Beach · Lake County · IL
Homes for sale in
Silver Oaks.
- Active listings
- 1
- Median list
- $375K
- Avg time on market
- 13 days
- Sold · last year
- 12
Active listings
1 home on the market
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About the community
An attainable 1990s single-family pocket of north Round Lake Beach.
Silver Oaks is an established single-family subdivision on the north side of Round Lake Beach in Lake County, built out mainly through the 1990s and into the early 2000s. It sits along the Illinois Route 83 (Cedar Lake Road) corridor north of Rollins Road, laid out with curving streets, courts, and cul-de-sacs that keep through-traffic low. It is one of the more attainable ways into a detached 1990s home in the Round Lake area, and it has its own neighborhood park plus surrounding open space and wetlands.
At a glance
1990s single-family homes
Mostly two-story detached homes, typically three to four bedrooms, built roughly 1993 to 2002.
Silver Oaks Park
A 7.63-acre neighborhood park with a playground and open space, run by the Round Lake Area Park District.
Near a district seam
Most of the area is Round Lake Area Schools CUSD 116, but the northern edge can differ. Confirm schools by address.
Metra North Central Service
The Round Lake Beach station offers weekday rail toward Chicago Union Station.
Route 83 and Rollins Road
Everyday shopping and errands sit along the Cedar Lake Road and Rollins Road corridors.
Open space and wetlands
Natural areas and detention basins are woven through the subdivision.
Park district recreation
Residents can use the wider Round Lake Area Park District aquatics center, golf, and sports center.
Attainable price point
One of the more affordable detached-home options in the Round Lake area. See the live Market snapshot for current pricing.
What’s close
Silver Oaks sits in north Round Lake Beach along Route 83 (Cedar Lake Road) north of Rollins Road, with driving and a weekday Metra option both close.
- Park
- Silver Oaks Park on Lancaster Lane, plus the broader Round Lake Area Park District system.
- Shopping
- The Rollins Road and Route 83 corridors carry the area's grocery and big-box retail.
- Hospital
- Advocate Condell Medical Center in Libertyville is the nearest full-service hospital, with local immediate care on Rollins Road.
- Highway
- Route 83 and Rollins Road for local travel, with the Tri-State Tollway (I-94) the nearest interstate to the east.
- Schools
- Round Lake Area Schools CUSD 116 serves most of the area, with parts near the northern edge possibly in other districts. Confirm by address.
- Train
- Metra Round Lake Beach station on the North Central Service, a weekday-focused line into Chicago Union Station.
What it’s actually like to live here
Silver Oaks is a practical, family-oriented neighborhood for buyers who want a detached 1990s home with a yard and a garage without paying for newer or higher-priced construction. The courts and cul-de-sacs keep traffic calm, and the neighborhood's own park plus the surrounding open space give kids and dogs somewhere to go without getting in the car. Access to the wider Round Lake Area Park District, with its pool, golf course, and sports center, is a real quality-of-life plus at this price point.
The location balances convenience against distance. Route 83 and Rollins Road put grocery, big-box, and everyday errands minutes away, and the Round Lake Beach Metra station offers a rail option into the city. The honest tradeoff is that this is outer-suburban Lake County, so the commute to downtown or to job centers is real, and the North Central Service is a weekday-focused line with limited frequency and no full weekend service. Many households here lean on driving.
The two biggest things to weigh are taxes and schools. Lake County property taxes are high in both absolute and effective terms, and that carrying cost should be modeled into any purchase here even though sticker prices are attainable. And because Silver Oaks sits near a school-district boundary, the answer to which schools you get genuinely depends on the street, not the subdivision name, so it is worth confirming early.
The questions buyers actually ask
Silver Oaks FAQ
The questions I get most from buyers shopping Silver Oaks. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- A homeowners or master association could not be confirmed from a primary source for Silver Oaks, and if one exists it would most likely maintain common open space, the detention and wetland areas, and entrance signage. Confirm whether an association applies to a specific address, and any dues, during your offer due diligence rather than assuming.
- 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.
- When were the homes in Silver Oaks built?
- Mostly during the 1990s and into the early 2000s, roughly 1993 to 2002. They are predominantly two-story detached single-family homes, typically three to four bedrooms, with a mix of 1990s builder floor plans.
- Is there an HOA, and what does it cost?
- We could not confirm an active homeowners association or any dues amount for Silver Oaks from a primary source. If an association exists it would most likely handle common open space and the detention and wetland areas. Confirm the association status and any dues for the specific address during your due diligence.
- What schools would my children attend?
- Most of the area is served by Round Lake Area Schools (CUSD 116), but parts near the northern edge may fall into neighboring districts. Silver Oaks sits near a district boundary, so confirm the elementary, middle, and high school assignment by your exact street address before relying on it.
- Is there a park in the neighborhood?
- Yes. Silver Oaks Park is a 7.63-acre neighborhood park with a playground and open space, operated by the Round Lake Area Park District. Residents also have access to the wider park district system, including an aquatics center, golf course, and sports center.
- How is the commute to Chicago?
- Route 83 and Rollins Road handle local driving, and the Round Lake Beach Metra station on the North Central Service offers rail toward Chicago Union Station. That line runs limited weekday trains with no full weekend service, so many residents drive. Check the current Metra timetable for your needs.
- What do homes cost and how is the market?
- Silver Oaks is one of the more attainable, mid-market options for a detached 1990s home in the Round Lake area. Rather than quote a figure that goes stale, see the live Market snapshot on this page for current prices, inventory, and how quickly homes are selling.
- Who is the real estate agent for Silver Oaks?
- Joe Keegan is the local licensed Illinois real estate broker who covers Silver Oaks 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 Silver Oaks 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 Silver Oaks
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
Silver Oaks, 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
$374,900
Homes for sale right now
1
Avg time on market
13 days
Sold in the last year
12
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period July 31, 2025 through July 31, 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.
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