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  3. Rolling Meadows, IL
  4. /
  5. Three Fountains On The Lake
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Three Fountains On The Lake

5500 Carriageway Drive, Rolling Meadows, IL, 60008
Three Fountains on the Lake

YEAR BUILT

1972

# STORIES

4

# TOTAL UNITS

32

UNIT SIZE RANGE

2,330-2,430 sqft

Description

Three Fountains On The Lake is located at 5500 Carriageway Drive in Rolling Meadows. This mid-rise building has 4 stories and contains 32 units. It was built in 1972 and has a charming design with easy access to various amenities. The units in this building come in various sizes, ranging from 2,330 to 2,430 square feet. Buyers can find options with 1, 2, or 3 bedrooms. Selling prices fall between $245,000 and $270,000, making it an attractive choice for various budgets. Average days on the market for these units is 48 days. This provides buyers with some time to explore their options and make decisions. Recently sold prices average around $245,000, offering a baseline for prospective buyers. The community offers some great amenities. Residents can enjoy a pool, clubhouse, and sauna. Outdoor activities are easily accessible, with tennis courts and bike trails nearby. This property has waterfront views that add to its appeal. Nearby, you can find Dpl for grocery needs, along with Marr Chicago Pizza and Ritzy's Cafe and Backerei for dining options. The location allows for easy access to local businesses and adds to the lively atmosphere of the neighborhood. Living here offers a blend of comfort and community. With access to recreational activities and local shops, it makes for a pleasant living environment. This building stands out with its desirable views and well-designed living spaces.

Building ImageMLS ID #12545743
Building ImageMLS ID #12545743
Building Image
Building ImageView Listing

Three Fountains On The Lake

5500 Carriageway Drive, Rolling Meadows, IL, 60008


Three Fountains on the Lake

YEAR BUILT

1972

# STORIES

4

# TOTAL UNITS

32

UNIT SIZE RANGE

2,330-2,430 sqft

Description

Three Fountains On The Lake is located at 5500 Carriageway Drive in Rolling Meadows. This mid-rise building has 4 stories and contains 32 units. It was built in 1972 and has a charming design with easy access to various amenities. The units in this building come in various sizes, ranging from 2,330 to 2,430 square feet. Buyers can find options with 1, 2, or 3 bedrooms. Selling prices fall between $245,000 and $270,000, making it an attractive choice for various budgets. Average days on the market for these units is 48 days. This provides buyers with some time to explore their options and make decisions. Recently sold prices average around $245,000, offering a baseline for prospective buyers. The community offers some great amenities. Residents can enjoy a pool, clubhouse, and sauna. Outdoor activities are easily accessible, with tennis courts and bike trails nearby. This property has waterfront views that add to its appeal. Nearby, you can find Dpl for grocery needs, along with Marr Chicago Pizza and Ritzy's Cafe and Backerei for dining options. The location allows for easy access to local businesses and adds to the lively atmosphere of the neighborhood. Living here offers a blend of comfort and community. With access to recreational activities and local shops, it makes for a pleasant living environment. This building stands out with its desirable views and well-designed living spaces.

Next

Description

Three Fountains On The Lake is located at 5500 Carriageway Drive in Rolling Meadows. This mid-rise building has 4 stories and contains 32 units. It was built in 1972 and has a charming design with easy access to various amenities. The units in this building come in various sizes, ranging from 2,330 to 2,430 square feet. Buyers can find options with 1, 2, or 3 bedrooms. Selling prices fall between $245,000 and $270,000, making it an attractive choice for various budgets. Average days on the market for these units is 48 days. This provides buyers with some time to explore their options and make decisions. Recently sold prices average around $245,000, offering a baseline for prospective buyers. The community offers some great amenities. Residents can enjoy a pool, clubhouse, and sauna. Outdoor activities are easily accessible, with tennis courts and bike trails nearby. This property has waterfront views that add to its appeal. Nearby, you can find Dpl for grocery needs, along with Marr Chicago Pizza and Ritzy's Cafe and Backerei for dining options. The location allows for easy access to local businesses and adds to the lively atmosphere of the neighborhood. Living here offers a blend of comfort and community. With access to recreational activities and local shops, it makes for a pleasant living environment. This building stands out with its desirable views and well-designed living spaces.

Three Fountains On The Lake Key Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price$245,000
Year over year list price0.00%

Year over year sale priceUp Arrow 10.86%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market48 days

Average HOA fees per sqft-
Next

Key Stats

Year over year list price0.00%

Year over year sale priceUp Arrow10.86%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market48 days

Average HOA fees per sqft-

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

Three Fountains On The Lake Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 213213120022312026-02-12
MLS#: 12545743
Closed$259,900
Unit 304304-22482024-12-09
MLS#: 12193161
Closed$245,000
Unit 214214230033702023-07-13
MLS#: 11774488
Closed$270,000
Unit 213
213

2 Beds

2 Baths

1200 sqft


DateStatusPrice
2026-02-12Closed$259,900
MLS#: 12545743
Days On Market31
Unit 214
214

3 Beds

3 Baths

2300 sqft


DateStatusPrice
2023-07-13Closed$270,000
MLS#: 11774488
Days On Market70
Unit 304
304

2 Beds

2 Baths

0 sqft


DateStatusPrice
2024-12-09Closed$245,000
MLS#: 12193161
Days On Market48
View Complete Unit Listing HistorySource By: MRED

Amenities

Three Fountains On The Lake isn't just about the view; the amenities are enticing too! Picture yourself enjoying sunny afternoons on the patio, taking refreshing laps in the pool, or unwinding in the sauna after a long day. For the active types, there’s a tennis court and bike trails nearby, perfect for a breezy day out. You’ll also appreciate conveniences like elevators and laundry facilities right in the building. Plus, the clubhouse and party room offer great spaces to connect with friends or host gatherings. It’s all designed to enrich your lifestyle!

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Amenities Description

Three Fountains On The Lake isn't just about the view; the amenities are enticing too! Picture yourself enjoying sunny afternoons on the patio, taking refreshing laps in the pool, or unwinding in the sauna after a long day. For the active types, there’s a tennis court and bike trails nearby, perfect for a breezy day out. You’ll also appreciate conveniences like elevators and laundry facilities right in the building. Plus, the clubhouse and party room offer great spaces to connect with friends or host gatherings. It’s all designed to enrich your lifestyle!

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
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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

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Sauna

Sauna

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

When it comes to policies, Three Fountains On The Lake offers a pet-friendly vibe, welcoming both cats and dogs. However, you’ll need to keep in mind the number of pets you can bring along. A deposit is needed, so make sure this is factored into your budget. Overall, with thoughtful policies in place, this community aims to cultivate a friendly and harmonious living environment.

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Amenities Description

When it comes to policies, Three Fountains On The Lake offers a pet-friendly vibe, welcoming both cats and dogs. However, you’ll need to keep in mind the number of pets you can bring along. A deposit is needed, so make sure this is factored into your budget. Overall, with thoughtful policies in place, this community aims to cultivate a friendly and harmonious living environment.

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)
Three Fountains On The Lake--
Carriage Way Court$198/sqft.$3 /sqft.
5400 Carriage Way Dr$187/sqft.$3 /sqft.
Three Fountains On The Lake$187/sqft.$2 /sqft.
5501 Carriageway Dr$193/sqft.$2 /sqft.
5601 Carriageway Dr$181/sqft.$3 /sqft.

Nearby Schools

In , Three Fountains On The Lake benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

Willow Bend Elementary School

B
Public|Grades PK–6
4700 Barker Ave|0.58 miles away

Rolling Meadows High School

B+
Public|Grades 9–12
2901 Central Rd|0.65 miles away

John G Conyers Learning Academy

--
Public|Grades PK–8
2800 Central Rd|0.86 miles away

St Colette Catholic School

--
Private|Grades PK–8
3900 Meadow Dr|0.95 miles away

St Colette School

--
Private|Grades PK–8
3900 Pheasant Dr|0.96 miles away

Central Road Elementary School

C+
Public|Grades PK–6
3800 Central Rd|1.04 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

In , Three Fountains On The Lake benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

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|Less than 1 Mile Away

St Colette Catholic School

--
Private|Grades PK–8
3900 Meadow Dr|Less than 1 Mile Away

St Colette School

--
Private|Grades PK–8
3900 Pheasant Dr|Less than 1 Mile Away

Central Road Elementary School

C+
Public|Grades PK–6
3800 Central Rd|1.04 Miles Away

Juliette Low Elementary School

C+
Public|Grades KG–5
1530 S Highland Av...|1.29 Miles Away

Carl Sandburg Jr High School

D
Public|Grades 7–8
2600 Martin Ln|1.29 Miles Away

Westgate Elementary School

B-
Public|Grades KG–5
500 S Dwyer Ave|1.59 Miles Away

Kimball Hill Elementary School

C
Public|Grades PK–6
2905 Meadow Dr|1.68 Miles Away

Sigwalt Cls Center

--
Public|Grades 12–12
2702 Sigwalt St|1.88 Miles Away

South Middle School

A-
Public|Grades 6–8
400 S Highland Ave|1.97 Miles Away

Transit

Set in , Three Fountains On The Lake provides residents with convenient access to public transit across Rolling Meadows. Multiple Bus are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1111 Plaza Dr

1.62 miles away|32 min walk

1450 W Golf Rd

0.77 miles away|15 min walk

1460 Golf Rd

0.79 miles away|16 min walk

1900 E Golf

1.07 miles away|21 min walk

2550 Golf Rd

0.34 miles away|7 min walk

2550 W Golf Rd

0.33 miles away|7 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in , Three Fountains On The Lake provides residents with convenient access to public transit across Rolling Meadows. Multiple Bus are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1111 Plaza Dr

1.62 miles away|32 min walk

1450 W Golf Rd

0.77 miles away|15 min walk

1460 Golf Rd

0.79 miles away|16 min walk

1900 E Golf

1.07 miles away|21 min walk

2550 Golf Rd

0.34 miles away|7 min walk

2550 W Golf Rd

0.33 miles away|7 min walk

2900 Golf Rd

0.4 miles away|8 min walk

300 N Martingale Rd

1.9 miles away|37 min walk

372 E Golf Rd

1.7 miles away|33 min walk

45 E Golf Rd

1.76 miles away|34 min walk

519 W Algonquin Rd

1.32 miles away|26 min walk

601 N Martingale Rd

1.64 miles away|32 min walk

61 W Golf Rd

1.51 miles away|29 min walk

Access Dr/East Dr & Perimeter Dr

1.19 miles away|23 min walk

Algonquin Rd & Arlington Heights Rd

1.67 miles away|33 min walk

Algonquin Rd & Meijer Dr

1.2 miles away|23 min walk

Algonquin Rd & Reserve Dr

1.57 miles away|31 min walk

Algonquin Rd & Tonne Dr

1.89 miles away|37 min walk

Frontage Rd & Golf Rd

0.88 miles away|17 min walk

Golf Rd & Algonquin Rd

0.94 miles away|19 min walk

Golf Rd & Arlington Heights Rd

1.54 miles away|30 min walk

Golf Rd & Fernandez Ave

1.15 miles away|23 min walk

Golf Rd & Goebbert Rd

1.95 miles away|38 min walk

Golf Rd & Meacham Rd

1.66 miles away|32 min walk

Golf Rd & Meijer Dr

0.91 miles away|18 min walk

Golf Rd & Milbrook Ln

1.4 miles away|27 min walk

Golf Rd & National Pkwy

1.97 miles away|38 min walk

Golf Rd & New Wilke Rd

0.61 miles away|12 min walk

Golf Rd & New Wilke Rd (NW)

0.55 miles away|11 min walk

Golf Rd & Ring Rd

0.65 miles away|13 min walk

Golf Rd & West Dr

1.57 miles away|31 min walk

IKEA

1.21 miles away|24 min walk

Kimberly Dr & Mall Dr

1.72 miles away|33 min walk

Mall Dr & Woodfield Rd

1.63 miles away|32 min walk

Martingale Rd & Camellia Ln

1.76 miles away|34 min walk

Martingale Rd & Corporate Crossing Rd

1.88 miles away|37 min walk

Meacham Rd & American Ln

1.78 miles away|35 min walk

Meacham Rd & Drummer Dr/Progress Pkwy

1.73 miles away|34 min walk

Meacham Rd & Golf Rd

1.7 miles away|33 min walk

Meacham Rd & McConnor Pkwy/Tower Rd

1.66 miles away|32 min walk

Meacham Rd & Progress Pkwy/Drummer Dr

1.74 miles away|34 min walk

Meacham Rd & Thoreau Dr/Zurich Way

1.71 miles away|33 min walk

Meacham Rd & Tower Rd/McConnor Pkwy

1.68 miles away|33 min walk

Meacham Rd & Zurich Way/Thoreau Dr

1.72 miles away|33 min walk

Northwest Transportation Center

1.6 miles away|31 min walk

Pace HQ (550 W Algonquin Rd)

1.37 miles away|27 min walk

Perimeter Dr & Access Rd/East Dr

1.17 miles away|23 min walk

Perimeter Dr & West Dr

1.52 miles away|30 min walk

Plaza Dr & 1400 American Ln

1.74 miles away|34 min walk

Plaza Dr & American Ln

1.68 miles away|33 min walk

The Neighbourhood: Three Fountains On The Lake

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Three Fountains On The Lake Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.85% are children aged 0–14, 18.04% are young adults between 15–29, 23.12% are adults aged 30–44, 20.49% are in the 45–59 range and 18.49% are seniors aged 60 and above. Commuting options are also varying where 86.99% of residents relying on driving, while others prefer public transit around 2.27%, walking around 4.45%, biking around 1.28%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.45% of units owner occupied and 40.55% are rented. The neighborhood offers different household types. About 27.18% are single family homes and 9.71% are multi family units. Around 32.93% are single-person households, while 67.07% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 21.83% of residents have bachelor’s degrees. Around 19.74% have high school or college education. Another 4.61% hold diplomas while 13.17% have completed postgraduate studies. The remaining are 40.66% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.85% are children aged 0–14, 18.04% are young adults between 15–29, 23.12% are adults aged 30–44, 20.49% are in the 45–59 range and 18.49% are seniors aged 60 and above. Commuting options are also varying where 86.99% of residents relying on driving, while others prefer public transit around 2.27%, walking around 4.45%, biking around 1.28%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.45% of units owner occupied and 40.55% are rented. The neighborhood offers different household types. About 27.18% are single family homes and 9.71% are multi family units. Around 32.93% are single-person households, while 67.07% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 21.83% of residents have bachelor’s degrees. Around 19.74% have high school or college education. Another 4.61% hold diplomas while 13.17% have completed postgraduate studies. The remaining are 40.66% with other types of qualifications.

Age Demographics

0–14 Years

19.85%

15–29 Years

18.04%

30–44 Years

23.12%

45–59 Years

20.49%

60+ Years

18.49%

Commute

2.27%

Transit

4.45%

Walk

86.99%

Drive

1.28%

Bike

Housing Ownership

59.45%

Owner Occupied

40.55%

Rental Units

Household Types

Single Family
27.18%
Multi Family
9.71%
Single Person
32.93%
Multi Person
67.07%

Average Income

Household:$6,435,120.14 /yr

Individual:$3,699,436.2 /yr

Education

Bachelors Degree21.83%
High School College19.74%
Diploma4.61%
Post Graduate13.17%
Others40.66%
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Education

Diploma4.61%
Post Graduate13.17%
Others40.66%
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  2. /Rolling Meadows, IL
  3. /
    Three Fountains On The Lake
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