$490,000

1503 S Elizabeth Lane, Round Lake, IL 60073

Active
4 beds (5 possible) 3.5 baths 4,078 sqft (estimated) Built 2004 Residential MLS #MRD12704172 14 days on market
Listing courtesy of Real People Realty · 815-469-7449 · MLS #MRD12704172 · Status: Active
Huge, Beautiful home with 5 bedrooms and 2 additional rooms. 3 and a half bathrooms. Hardwood floors, plenty of natural light flow throughout the home's open, airy layout. Special highlights include a 5th room on the 2nd floor along with washer and dryer. The first floor offers an office/playroom. Finished English basement has a bedroom with its own private full bath (perfect for mother-in-law suite). Large Deck opens to spacious corner lot with pond view. Stainless steel appliances in the kitchen which opens to the family room. Enjoy this resort-style subdivision with a community swimming pool and park. Grayslake School District. Enjoy the energy bill savings with this homes Solar Panels.

Property details

Interior

Appliances
Dishwasher, Disposal
Basement
Finished, Full, Daylight
Laundry
In Unit
Additional rooms
Bedroom 5, Den, Recreation Room, Utility Room-2nd Floor
Total rooms
11

Building & exterior

Age
21-25 Years
Exterior
Brick
Roof
Asphalt
Foundation
Concrete Perimeter
Patio & porch
Deck

Parking

Garage spaces
3
Total spaces
3
Parking details
Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
112X118X139X172
Lot description
Corner Lot, Irregular Lot
Township
Fremont
County
Lake

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Lake Michigan
Sewer
Public Sewer
Electricity
Circuit Breakers
Equipment
Sump Pump

HOA & community

Assessment
$528 / annually
Assessment includes
Insurance, Clubhouse, Pool
Community features
Clubhouse, Park, Pool, Tennis Court(s), Lake, Curbs

Schools

Elementary
(46)
Junior high
(46)
High school
(127)

Taxes & terms

Annual taxes
$13,238 (2025)
Parcel number (PIN)
10054030010000
PIN
10054030010000
Ownership
Fee Simple w/ HO Assn.
Possession
Closing
Special conditions
None
Listed
7/13/2026

Rooms

RoomSizeLevelFlooring
Recreation Room17X17SecondCarpet
Den12X11MainCarpet
Bedroom 512X11Basement
Utility Room-2nd Floor6X12Second
Bedroom 214X13SecondCarpet
Bedroom 314X12SecondCarpet
Bedroom 412X12SecondCarpet
Dining Room15X11MainHardwood
Family Room18X14MainHardwood
Kitchen25X16MainHardwood
Laundry7X10Second
Living Room6X12MainHardwood
Master Bedroom20X14SecondCarpet

What would this home cost per month?

Using this listing's actual tax bill (2025) and actual HOA assessment — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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