Highland Lake South, Round Lake Park, IL
Highland Lake South — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Highland Lake South, Round Lake Park, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Highland Lake South Neighborhood Overview
Highland Lake South is a residential neighborhood located in the village of Round Lake Park, Illinois. This community offers a suburban atmosphere with convenient access to the natural beauty of the surrounding lake region. Its central location provides residents with a balance of quiet living and regional connectivity.
Lifestyle & Amenities
The neighborhood's name hints at its proximity to local waterways, offering potential for outdoor recreation. Residents enjoy access to community parks and local shopping centers within Round Lake Park. The area provides essential services and dining options to meet everyday needs.
Real Estate Market
The real estate in Highland Lake South primarily consists of single-family homes, with a Census median home value of $202,800. Current market metrics show an asking price per square foot of approximately $178. This represents a more affordable entry point into the Greater Chicago area housing market.
Schools & Education
Families in Highland Lake South are served by the Round Lake Area Schools district (Community Unit School District 116). The area is home to several public elementary, middle, and high schools. Parents are encouraged to research specific school boundaries and ratings for the most current information.
Transportation & Connectivity
The neighborhood is conveniently positioned near major roadways like Rollins Road and Route 83, facilitating car travel. While primarily car-dependent, the area offers reasonable access to the broader Lake County region. Public transit options are available through the Pace bus system for connectivity to nearby Metra rail stations.
Why Choose Highland Lake South
Highland Lake South attracts homebuyers seeking an affordable, family-friendly community with a median household income of $88,279. It is ideal for those who value a quieter suburban lifestyle while remaining within reach of Chicago and other employment centers. The neighborhood offers solid value in the northern Illinois real estate market.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Highland Lake South Market Data
| Metric | Value |
|---|---|
| Median Home Price | $203K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $88K |
| Homeownership Rate | 76.5% |
| Renter-Occupied | 23.5% |
| Rental Vacancy Rate | 4.5% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60073 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Highland Lake South, Round Lake Park
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Highland Lake South, Round Lake Park, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-16