Welcome to Three Fountains on the Lake, one of Rolling Meadows’ most desirable condominium communities. This spacious and beautifully maintained two-bedroom, two-bath residence features the community’s largest two-bedroom floor plan, offering an exceptional combination of comfort and functionality. The bright and inviting living room is filled with natural light and features sliding glass doors that open to a private balcony, creating the perfect setting for morning coffee, outdoor relaxation, or entertaining guests. The well-appointed kitchen offers abundant brown cabinetry, generous counter space, and a comfortable breakfast area. A separate dining room provides additional space for everyday meals and special gatherings. The generously sized primary suite features a walk-in closet and a stylishly updated private bathroom. The spacious second bedroom offers excellent flexibility for family, guests, or a home office, with another updated full bathroom conveniently located directly across the hall. Additional conveniences include one assigned parking space in the heated underground garage,(48) private storage(7), and additional parking for residents and guests. HOA dues include gas, heat, and water, providing outstanding value and added peace of mind. Residents of Three Fountains on the Lake enjoy an impressive selection of community amenities, including an in-ground swimming pool, tennis courts, a clubhouse, and beautifully maintained surroundings. The property is conveniently located near Route 53, I-90, shopping, dining, parks, Busse Woods, Woodfield Mall, and numerous recreational opportunities. Experience the space, comfort, amenities, and convenience that make Three Fountains on the Lake such a sought-after community.
Property Details
Price:
$249,000
MLS #:
MRD12758514
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subdivision:
Three Fountains on the Lake
Neighborhood:
rollingmeadows
Listed Date:
Sep 19, 2026
Year Built:
1972
See this Listing
Schools
School District:
214
Elementary School:
Willow Bend Elementary School
Middle School:
Carl Sandburg Middle School
High School:
Rolling Meadows High School
Interior
Appliances
Range, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Range Hood
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Heating
Natural Gas, Forced Air
Interior Features
Elevator, Storage, Walk-In Closet(s), Lobby
Laundry Features
In Garage, Common Area, Sink
Exterior
Association Amenities
Coin Laundry, Elevator in Residence, Storage, Party Room, Pool, Tennis Court(s), Clubhouse, Laundry, Intercom
Construction Materials
Brick
Exterior Features
Balcony
Garage Spaces
1
Lot Features
Common Grounds, Landscaped
Parking Features
Asphalt, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Owned, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt
View
Water
Financial
HOA Fee
$545
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Gas, Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2024
Taxes
$3,750
Map
Community
- Address5501 Carriageway Drive #313A Rolling Meadows IL
- SubdivisionThree Fountains on the Lake
- CityRolling Meadows
- CountyCook
- Zip Code60008
Market Summary
Current real estate data for Condo in Rolling Meadows as of Oct 11, 2026
33
Condo Listed
51
Avg DOM
197
Avg $ / SqFt
$221,224
Avg List Price
Property Summary
- Located in the Three Fountains on the Lake subdivision, 5501 Carriageway Drive #313A Rolling Meadows IL is a Condo for sale in Rolling Meadows, IL, 60008. It is listed for $249,000 and features 2 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1972. The average price per square foot for Condo listings in Rolling Meadows is $197. The average listing price for Condo in Rolling Meadows is $221,224.
Similar Listings Nearby

Copyright 2026. All rights reserved.
5501 Carriageway Drive #313A
Rolling Meadows, IL


