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  3. Rolling Meadows, IL
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  5. 5501 Carriageway Dr
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5501 Carriageway Dr

5501 Carriageway Dr, Rolling Meadows, IL, 60008 |Three Fountains on the Lake

YEAR BUILT

1975

# STORIES

3

# TOTAL UNITS

26

UNIT SIZE RANGE

800-2,250 sqft

Description

The building located at 5501 Carriageway Dr in Rolling Meadows features a low-rise design with 3 stories. This property has 26 units built in 1975. The units range in size from 800 to 2,250 square feet. The waterfront views add a special touch to this community atmosphere. Prices for the units range from $240,000 to $250,000, with an average selling price of around $237,750. Based on recent sales, this breaks down to about $193 per square foot. The average days on the market is 71 days, giving buyers ample time to explore their options. Residents enjoy access to several amenities including a pool, tennis courts, and a clubhouse. In-unit laundry is available, making life just a bit easier for everyone. The building also has an elevator and underground heated garage for added convenience. Nearby businesses include Dpl for groceries, Marr Chicago Pizza, and Egg'lectic Cafe for dining options. The location provides good access to Route 53, making commute straightforward. Parks and recreation areas are also close, allowing for outdoor activities. This community encourages a friendly lifestyle, where neighbors can easily connect. The shared amenities enhance the living experience. The views of the water along with the easy access to nearby shops create a welcoming environment for all.

Building ImageMLS ID #12350572
Building ImageMLS ID #12350572
Building Image
Building ImageView Listing

5501 Carriageway Dr

5501 Carriageway Dr, Rolling Meadows, IL, 60008

|Three Fountains on the Lake

YEAR BUILT

1975

# STORIES

3

# TOTAL UNITS

26

UNIT SIZE RANGE

800-2,250 sqft

Description

The building located at 5501 Carriageway Dr in Rolling Meadows features a low-rise design with 3 stories. This property has 26 units built in 1975. The units range in size from 800 to 2,250 square feet. The waterfront views add a special touch to this community atmosphere. Prices for the units range from $240,000 to $250,000, with an average selling price of around $237,750. Based on recent sales, this breaks down to about $193 per square foot. The average days on the market is 71 days, giving buyers ample time to explore their options. Residents enjoy access to several amenities including a pool, tennis courts, and a clubhouse. In-unit laundry is available, making life just a bit easier for everyone. The building also has an elevator and underground heated garage for added convenience. Nearby businesses include Dpl for groceries, Marr Chicago Pizza, and Egg'lectic Cafe for dining options. The location provides good access to Route 53, making commute straightforward. Parks and recreation areas are also close, allowing for outdoor activities. This community encourages a friendly lifestyle, where neighbors can easily connect. The shared amenities enhance the living experience. The views of the water along with the easy access to nearby shops create a welcoming environment for all.

Next

Description

The building located at 5501 Carriageway Dr in Rolling Meadows features a low-rise design with 3 stories. This property has 26 units built in 1975. The units range in size from 800 to 2,250 square feet. The waterfront views add a special touch to this community atmosphere. Prices for the units range from $240,000 to $250,000, with an average selling price of around $237,750. Based on recent sales, this breaks down to about $193 per square foot. The average days on the market is 71 days, giving buyers ample time to explore their options. Residents enjoy access to several amenities including a pool, tennis courts, and a clubhouse. In-unit laundry is available, making life just a bit easier for everyone. The building also has an elevator and underground heated garage for added convenience. Nearby businesses include Dpl for groceries, Marr Chicago Pizza, and Egg'lectic Cafe for dining options. The location provides good access to Route 53, making commute straightforward. Parks and recreation areas are also close, allowing for outdoor activities. This community encourages a friendly lifestyle, where neighbors can easily connect. The shared amenities enhance the living experience. The views of the water along with the easy access to nearby shops create a welcoming environment for all.

5501 Carriageway Dr Market Stats Last 12 months

Avg. Listed Price$238,334($193/Sqft.)
Avg. Sale Price$237,750($193/Sqft.)
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings3 Listed
Total sold3 Sold
Average Days on Market71 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list price0.00%
Year over year sale price0.00%
Total Listings3 Listed
Total sold3 Sold
Average Days on Market71 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

5501 Carriageway Dr Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 202A202A122022832025-07-14
MLS#: 12344355 		Closed$228,250
Unit 208A208A120022582025-06-27
MLS#: 12350572 		Closed$245,000
Unit 306A306A130022572025-05-05
MLS#: 12283760 		Closed$240,000
Unit 202A
202A

2 Beds

2 Baths

1220 sqft

DateStatusPrice
2025-07-14Closed$228,250
MLS#: 12344355
Days On Market83
Unit 208A
208A

2 Beds

2 Baths

1200 sqft

DateStatusPrice
2025-06-27Closed$245,000
MLS#: 12350572
Days On Market58
Unit 306A
306A

2 Beds

2 Baths

1300 sqft

DateStatusPrice
2025-05-05Closed$240,000
MLS#: 12283760
Days On Market57
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at 5501 Carriageway Dr means you can enjoy a variety of amenities designed to enhance your lifestyle. Whether you want to get your heart rate up on the tennis courts or unwind with friends in the clubhouse, there's something for everyone. The building features a refreshing pool and a sauna for those relaxing weekends, along with convenient in-unit laundry hookups to make chores a breeze. With water views and an intercom system for added security, you’ll find a wonderful blend of relaxation and practicality within these walls.

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Amenities Description

Living at 5501 Carriageway Dr means you can enjoy a variety of amenities designed to enhance your lifestyle. Whether you want to get your heart rate up on the tennis courts or unwind with friends in the clubhouse, there's something for everyone. The building features a refreshing pool and a sauna for those relaxing weekends, along with convenient in-unit laundry hookups to make chores a breeze. With water views and an intercom system for added security, you’ll find a wonderful blend of relaxation and practicality within these walls.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Water View

Water View

Elevator(s)

Elevator(s)

Pool

Pool

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Private Laundry Hkup

Private Laundry Hkup

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Sauna

Sauna

Clubhouse

Clubhouse

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

For pet lovers, you’ll be happy to know that this community welcomes cats and dogs, which means your furry friends can join in on the fun. However, there are number limits on pets, so be sure to check the specifics if you're planning to expand your family with a new four-legged companion.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
5501 Carriageway Dr$193/sqft.$2 /sqft.
Three Fountains On The Lake$187/sqft.$2 /sqft.
5400 Carriage Way Dr$187/sqft.$3 /sqft.
Carriage Way Court$198/sqft.$3 /sqft.
Carriage Way$200/sqft.$2 /sqft.
5201 Carriageway Dr$200/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to 5501 Carriageway Dr.

Willow Bend Elementary School

B
Public|Grades PK–6
4700 Barker Ave|0.66 miles away

Rolling Meadows High School

B+
Public|Grades 9–12
2901 Central Rd|0.78 miles away

John G Conyers Learning Academy

--
Public|Grades PK–8
2800 Central Rd|1.06 miles away

St Colette Catholic School

--
Private|Grades PK–8
3900 Meadow Dr|1.18 miles away

St Colette School

--
Private|Grades PK–8
3900 Pheasant Dr|1.2 miles away

Central Road Elementary School

C+
Public|Grades PK–6
3800 Central Rd|1.28 miles away
Next

Schools

Willow Bend Elementary School

B
Public|Grades PK–6
4700 Barker Ave|Less than 1 Mile Away

Rolling Meadows High School

B+
Public|Grades 9–12
2901 Central Rd|Less than 1 Mile Away

John G Conyers Learning Academy

--
Public|Grades PK–8
2800 Central Rd|1.06 Miles Away

St Colette Catholic School

--
Private|Grades PK–8
3900 Meadow Dr|1.18 Miles Away

St Colette School

--
Private|Grades PK–8
3900 Pheasant Dr|1.20 Miles Away

Central Road Elementary School

C+
Public|Grades PK–6
3800 Central Rd|1.28 Miles Away

Carl Sandburg Jr High School

D
Public|Grades 7–8
2600 Martin Ln|1.66 Miles Away

Juliette Low Elementary School

C+
Public|Grades KG–5
1530 S Highland Av...|1.84 Miles Away

Westgate Elementary School

B-
Public|Grades KG–5
500 S Dwyer Ave|2.12 Miles Away

Kimball Hill Elementary School

C
Public|Grades PK–6
2905 Meadow Dr|2.18 Miles Away

Sigwalt Cls Center

--
Public|Grades 12–12
2702 Sigwalt St|2.45 Miles Away

South Middle School

A-
Public|Grades 6–8
400 S Highland Ave|2.68 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

2550 W Golf Rd

0.52 miles away|11 min walk

2550 Golf Rd

0.54 miles away|11 min walk

2900 Golf Rd

0.56 miles away|11 min walk

Golf Rd & Ring Rd

0.83 miles away|16 min walk

Golf Rd & New Wilke Rd (NW)

0.87 miles away|17 min walk

Golf Rd & New Wilke Rd

0.96 miles away|19 min walk
Next

Transit

2550 W Golf Rd

0.52 miles away|11 min walk

2550 Golf Rd

0.54 miles away|11 min walk

2900 Golf Rd

0.56 miles away|11 min walk

Golf Rd & Ring Rd

0.83 miles away|16 min walk

Golf Rd & New Wilke Rd (NW)

0.87 miles away|17 min walk

Golf Rd & New Wilke Rd

0.96 miles away|19 min walk

Frontage Rd & Golf Rd

1.12 miles away|22 min walk

1450 W Golf Rd

1.17 miles away|23 min walk

1460 Golf Rd

1.19 miles away|23 min walk

Golf Rd & Meijer Dr

1.36 miles away|26 min walk

1900 E Golf

1.36 miles away|27 min walk

Golf Rd & Algonquin Rd

1.39 miles away|27 min walk

Perimeter Dr & Access Rd/East Dr

1.51 miles away|29 min walk

IKEA

1.52 miles away|30 min walk

Access Dr/East Dr & Perimeter Dr

1.54 miles away|30 min walk

Golf Rd & Fernandez Ave

1.67 miles away|33 min walk

Algonquin Rd & Meijer Dr

1.74 miles away|34 min walk

519 W Algonquin Rd

1.91 miles away|37 min walk

Pace HQ (550 W Algonquin Rd)

1.97 miles away|38 min walk

Perimeter Dr & West Dr

1.98 miles away|38 min walk

Schaumburg Convention Center

2 miles away|39 min walk

Golf Rd & Milbrook Ln

2 miles away|39 min walk

Golf Rd & West Dr

2.02 miles away|39 min walk

1111 Plaza Dr

2.1 miles away|41 min walk

Northwest Transportation Center

2.12 miles away|41 min walk

Meacham Rd & McConnor Pkwy/Tower Rd

2.13 miles away|41 min walk

61 W Golf Rd

2.15 miles away|42 min walk

Mall Dr & Woodfield Rd

2.16 miles away|42 min walk

Golf Rd & Meacham Rd

2.16 miles away|42 min walk

Meacham Rd & Tower Rd/McConnor Pkwy

2.16 miles away|42 min walk

Meacham Rd & Thoreau Dr/Zurich Way

2.18 miles away|42 min walk

601 N Martingale Rd

2.19 miles away|42 min walk

Golf Rd & Arlington Heights Rd

2.19 miles away|42 min walk

Plaza Dr & American Ln

2.19 miles away|43 min walk

Meacham Rd & Zurich Way/Thoreau Dr

2.19 miles away|43 min walk

Meacham Rd & Golf Rd

2.2 miles away|43 min walk

Meacham Rd & Drummer Dr/Progress Pkwy

2.2 miles away|43 min walk

Meacham Rd & Progress Pkwy/Drummer Dr

2.22 miles away|43 min walk

Algonquin Rd & Reserve Dr

2.25 miles away|44 min walk

Kimberly Dr & Mall Dr

2.28 miles away|44 min walk

Plaza Dr & 1400 American Ln

2.29 miles away|44 min walk

Meacham Rd & American Ln

2.33 miles away|45 min walk

Martingale Rd & Camellia Ln

2.36 miles away|46 min walk

Algonquin Rd & Arlington Heights Rd

2.38 miles away|46 min walk

372 E Golf Rd

2.41 miles away|47 min walk

45 E Golf Rd

2.48 miles away|48 min walk

Martingale Rd & Corporate Crossing Rd

2.54 miles away|49 min walk

Golf Rd & National Pkwy

2.56 miles away|50 min walk

300 N Martingale Rd

2.57 miles away|50 min walk

Algonquin Rd & Tonne Dr

2.67 miles away|52 min walk

The Neighbourhood: 5501 Carriageway Dr

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5501 Carriageway Dr Demographics

Age Demographics

0–14 Years

19.65%

15–29 Years

18.12%

30–44 Years

23.11%

45–59 Years

20.61%

60+ Years

18.52%

Commute

2.23%

Transit

4.4%

Walk

87.01%

Drive

1.29%

Bike

Housing Ownership

59.89%

Owner Occupied

40.11%

Rental Units

Household Types

Single Family
27.32%
Multi Family
9.57%
Single Person
33.08%
Multi Person
66.92%

Average Income

Household:$6,439,001.83 /yr

Individual:$3,694,016.01 /yr

Education

Bachelors Degree21.9%
High School College19.9%
Diploma4.71%
Post Graduate12.95%
Others40.55%
Next

Education

Diploma4.71%
Post Graduate12.95%
Others40.55%
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    5501 Carriageway Dr
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