Round Lake · Lake County · IL
Homes for sale in
Fairfield Lakes.
- Active listings
- 2
- Median list
- $273K
- Avg time on market
- 29 days
- Sold · last year
- 6
Active listings
2 homes on the market
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About the community
Maintenance-free living a mile from two Metra stations.
Fairfield Lakes is an early-2000s attached-housing neighborhood on the west side of the Village of Round Lake, west of Fairfield Road and south of Route 134. Homes are townhomes and townhome-style condominiums with brick and vinyl elevations, attached two-car garages, private patios, and professionally landscaped common grounds. Buildings are small, which makes it read as a cluster of attached homes rather than a wall of townhouse rows. The association handles the lawn, the snow, the exterior, and the common insurance, and the location puts two Milwaukee District North Metra stations within about a mile in opposite directions.
At a glance
Two Metra stations within a mile
Long Lake to the northwest and Round Lake to the east, both on the Milwaukee District North line into Union Station.
Townhomes and condominiums
Lake County records both a subdivision and a condominium here, so confirm the ownership type on the specific unit.
Disc golf across the road
Fairfield Park hosts an 18-hole course the park district cites as player-rated number one in Illinois, free to play.
Library a short walk east
The Round Lake Area Public Library sits less than half a mile away.
Round Lake Area District 116
The village is split across seven school districts, and this pocket falls in 116. Confirm your address with the district.
Two association layers
A unit-level townhome or condo association plus a master association that maintains the surrounding wetlands.
Trails and forest preserves
The Millennium Trail passes within about a third of a mile, with Kestrel Ridge and Nippersink preserves roughly a mile out.
Village of Round Lake
Not Round Lake Beach, Round Lake Park, or Round Lake Heights, which are separate villages sharing the 60073 ZIP.
What’s close
The community sits west of Fairfield Road and south of Route 134 on the west side of the Village of Round Lake, in Avon Township.
- Highways
- Fairfield Road along the east edge and Route 134 immediately north, with Route 120 to the south as the village's stated route toward I-94.
- Train
- Long Lake and Round Lake stations on Metra's Milwaukee District North line, each roughly a mile away, running into Chicago Union Station.
- Schools
- Round Lake Area Schools Community Unit District 116, with Round Lake Senior High School as the district's only comprehensive high school. Confirm the exact assignment by address.
- Parks
- Fairfield Park and its disc golf course directly south, plus a park district running dozens of parks, an aquatics center, and a golf course.
- Shopping
- Everyday grocery on North Cedar Lake Road within about a mile, with the larger Rollins Road retail corridor roughly three miles northeast.
- Hospital
- Vista Health System in Lindenhurst is the closest, with Northwestern Medicine McHenry and Advocate Condell in Libertyville within about ten miles.
What it’s actually like to live here
Fairfield Lakes is what a well-executed early-2000s townhome pocket looks like twenty years in. The buildings are small, so it reads more like a cluster of attached homes than a row of townhouses. Brick and vinyl elevations, attached two-car garages, private patios, and second-floor lofts that owners have turned into offices, playrooms, and third-bedroom conversions. The association handles the lawn, the snow, the exterior, and the common insurance, which is the whole reason people buy here instead of a detached house two miles away. If your idea of a weekend does not include a mower and a ladder, that is the trade you are making.
The location is quietly better than the price tier suggests. Two Milwaukee District North Metra stations sit within about a mile in opposite directions, Long Lake to the northwest and Round Lake to the east, which is unusual for a neighborhood this attainable. The Round Lake Area Public Library is a short walk or a two minute drive. Fairfield Park, with a disc golf course the park district's own page cites as player-rated number one in Illinois, is directly across Fairfield Road. The Millennium Trail runs within a third of a mile, and Kestrel Ridge and Nippersink Forest Preserves are both about a mile out. The park district runs a deep program list, from aquatics and youth sports to a nature museum and a golf course.
Now the honest tradeoffs. First, taxes. Lake County composite rates in the Round Lake area are high, and the annual bill on a modest attached home here can rival what a much larger house carries in a lower-rate county, so run that number before you fall in love with the payment. Second, this is not a full-service amenity community: there is no pool, clubhouse, or gym inside the community, and the private pool visible just to the north belongs to a neighboring apartment community, not to Fairfield Lakes. Third, there are two association layers, the unit-level association and a master body that maintains the surrounding wetlands, so be deliberate about collecting governing documents and confirming current assessments for both. Fourth, big-box shopping is a three mile drive to the Rollins Road corridor rather than something you walk to, and the nearest full-service hospitals are eight to ten miles out. None of these are dealbreakers. They are the reasons the price is what it is.
The questions buyers actually ask
Fairfield Lakes FAQ
The questions I get most from buyers shopping Fairfield Lakes. If yours isn't here, text 224-385-8779, same-day reply.
- How much is the HOA?
- townhomes and condos are $230 per month.
- What does the HOA actually cover?
- Common insurance, exterior maintenance, lawn care, and snow removal. Dues differ by building and unit type, and a separate master association maintains the surrounding wetlands and common areas, so confirm both figures and collect both sets of governing documents before closing.
- When was Fairfield Lakes built?
- Pasquinelli built the community between 2003 and 2006. Pasquinelli stopped new construction in 2006, so every sale today is a resale.
- What's the typical closing timeline?
- 30 to 45 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 45.
- Which town is Fairfield Lakes actually in?
- The Village of Round Lake, in Avon Township, Lake County. It is not in Round Lake Beach, Round Lake Park, or Round Lake Heights, even though all four villages share the 60073 ZIP code. Lake County GIS returns the Village of Round Lake for this subdivision, and the county tax code for these parcels lists the municipality as the Village of Round Lake. Separately, do not confuse this community with Fairfield Village, a different and older attached-housing community in Round Lake Beach.
- Are these condominiums or townhomes? The listings say both.
- Both, genuinely. Lake County's official subdivision and condominium records show parcels here recorded as a subdivision and as a condominium, and MLS listings reflect that split, with some units marketed as townhouses and some as condominiums. One recent record listed ownership as fee simple with a homeowners association while the attached type read condo or townhouse. The buildings and floor plans look the same from the street. The difference shows up in how the unit is legally conveyed and in how your lender treats the loan, so confirm the ownership type on the specific unit early, especially for FHA or VA financing.
- Is there an HOA, and what does it cover?
- Yes, and there are two layers. The unit-level townhome or condominium association charges a monthly assessment, and MLS records list it as covering common insurance, exterior maintenance, lawn care, and snow removal. Pets are allowed. On top of that, a master community association serves as the common area and wetlands maintenance body for Fairfield Lakes along with several neighboring communities. Ask for both sets of governing documents and current assessment figures during attorney review, because the master association's web presence has not been reliably reachable and you want the numbers in writing.
- What schools serve Fairfield Lakes?
- Round Lake Area Schools Community Unit School District 116, confirmed by Lake County GIS, the parcel tax code record, and Census school district boundaries. That matters because the Village of Round Lake is split across seven school districts, and neighborhoods just west of here feed different districts entirely. Round Lake Senior High School is the district's only comprehensive high school, so that assignment is effectively certain. Recent MLS records and third-party boundary data point to Village Elementary and Round Lake Middle School for this address, with the K through 2 building pairing not publicly documented. Boundaries change, so confirm your specific address with District 116 before you write an offer.
- What amenities does the community itself have?
- Fairfield Lakes is a maintenance-provided community rather than an amenity community. There is no clubhouse, pool, or fitness center inside it. What residents get is exterior maintenance plus proximity to a strong public recreation network: Fairfield Park and its disc golf course directly across Fairfield Road, the Millennium Trail within about a third of a mile, the Round Lake Area Public Library less than half a mile east, and two Lake County forest preserves roughly a mile out. Worth flagging: the outdoor pool mapped immediately north belongs to a neighboring apartment community and is private, so do not count it as a Fairfield Lakes amenity.
- What do homes cost here, and what are property taxes like?
- Pricing and market conditions move, so check the Market snapshot on this page, which pulls current listings and recent sales straight from the MLS. In general terms, Fairfield Lakes is one of Round Lake's attainable attached-housing options, priced meaningfully below the village's detached single-family stock and aimed at first-time buyers, downsizers, and commuters who want low maintenance near Metra. One number worth planning around regardless of price: Lake County composite rates here are high, and the effective burden commonly lands in the range of roughly 2.3 to 2.8 percent of market value after exemptions. Verify the actual bill on any specific unit with the Lake County Treasurer and the Avon Township Assessor.
- Who is the real estate agent for Fairfield Lakes?
- Joe Keegan is the local licensed Illinois real estate broker who covers Fairfield Lakes in Round Lake, 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 Lakes 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 Lakes
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 specialist
- Honest local market take
- Brokerocity
Market snapshot
Fairfield Lakes, 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
$272,500
Typical sale price · last 90 days
$263,750
Homes for sale right now
2
Avg time on market
29 days
Sold in the last year
6
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 16, 2025 through August 16, 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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Schools serving Fairfield Lakes
Where Fairfield Lakes homes go to school
Homes in Fairfield Lakes are most often zoned to Round Lake HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
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