$495,000

321 W Olmsted Ln Round Lake, IL 60073

$5,878
Closing credit¹
5 beds
3 full, 1 partial
4,284 sqft
0.3 acres
$116 / sqft
House

Property details

About 321 W Olmsted Ln

Your Dream Home Awaits! Step into a world of refined elegance and comfort, where every detail has been thoughtfully designed to create a luxurious and welcoming retreat. This stunning 5-bedroom, 3 1/2-bathroom home (featuring 2 Jack and Jill bathrooms) offers an unmatched lifestyle of convenience and tranquility, located on a prime lot in the highly desirable Lakewood Grove Estates. From the moment you enter through the grand 2-story foyer, beautiful natural hardwood floors guide you to a gourmet kitchen and spacious dining area. The formal living and dining rooms are perfect for entertaining, while the bright and airy family room, complete with a cozy fireplace, offers an inviting space to relax-whether you're enjoying a quiet evening or hosting a game night with friends and family. A versatile study on the main level, which can easily be transformed into a 6th bedroom, provides added flexibility to suit your needs. At the heart of this home lies the impressive kitchen, featuring brand new quartz countertops, stainless-steel appliances, and a freshly updated sink and pantry. The separate mudroom and laundry area offer direct access to the 3-car garage for added convenience. Upstairs, you'll find a spacious primary suite with a cozy sitting/reading area, his-and-her walk-in closets, and a luxurious en-suite bathroom that includes double sinks, a soaking tub, a separate shower, and a private commode-creating a true retreat. Four additional generously sized bedrooms, two Jack and Jill bathrooms, and a landing overlooking the grand entryway provide plenty of space and privacy for everyone. The fully finished basement with 10' ceilings, roughed-in for a full bathroom, offers endless possibilities. Whether you want to create a custom home theater, game room, home gym, or stylish bar for entertaining, the space is ready for your vision. This home effortlessly blends style and functionality, with thoughtful upgrades throughout, including a new water filtration system. Outside, mature trees, lush landscaping, and a concrete patio provide the perfect backdrop for outdoor living-ideal for al fresco dining, sunny afternoons, yoga sessions, or a friendly game of basketball. Located in a friendly community just minutes from the Metra, shopping, dining, fitness centers, parks, and forest preserves, this home offers the perfect mix of convenience and serenity. With abundant storage space, extra-wide hallways, and plenty of room to keep your home organized and clutter-free, this home is as practical as it is beautiful. This home is even more breathtaking in person-come see it for yourself and experience the exceptional quality and timeless design that make this a truly one-of-a-kind property!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size4,284 sqft
BasementYes
Lot size0.3406 Acres
Year built2005
ParkingAsphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
MLS #12333379
Garage3 spaces
FireplaceWood Burning

Summary

  • MLS Number: 12333379
  • MLS Name: MRED
  • Office Name: HomeSmart Connect LLC
  • Office Phone: (847) 495-5000
  • Listing Agent: Greg Koza

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Get an agent. Get a mortgage. Save big.¹

colonial home featuring a garage, driveway, and a front lawn

$495,000

321 W Olmsted Ln

$5,878

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 04, 2020
Home Sold
$287,000
Aug 27, 2008
Home Sold
$330,000
Aug 04, 2005
Home Sold
$448,500

Tax history

YearAssessmentProperty Tax
2023$135,645$11,889
2022$127,496$10,669
2021$115,146$10,653
2020$111,977$10,347
2019$108,295$12,666
2018$95,849$11,206
2017$92,832$11,206

History based on county public records data.

Nearby schools

8

Fremont Intermediate School

Public District 3-5

1.9 mi

28754 N Fremont Center Rd

9

Prairieview School

Public District KG-4

2.8 mi

103 E Belvidere Rd

3

W J Murphy Elementary School

Public District 1-5

3.2 mi

220 Greenwood Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $102,781. Residents of Round Lake, IL typically earn between $100k-200k each year. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

10%
<35k
38%
35k-100k
45%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

20%
Single, No Kids
6%
Single, with Kids
31%
Married, No Kids
43%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • College FootballCollege Football
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Best BuyBest Buy
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PaneraPanera
  • Texas RoadhouseTexas Roadhouse
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • RamRam
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • Contemporary ChristianContemporary Christian
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 321 W Olmsted Ln

This home is located at 321 W Olmsted Ln in Round Lake, IL and zip code 60030 in the Lakewood Grove neighborhood. This 4,284 square foot home, which was built in 2005, sits on a 0.34 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $495,000.

While more than 3 listings in Round Lake, IL in March 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 7 were sold below. Between February and March 2025, Round Lake, IL real estate market has seen increase in the number of listings by 13%. While the average time on the market in March 2025 was 63 days, the median list price was $275,000.

From Rocket Homes Real Estate and based on county public records data.

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