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MILLION-DOLLAR WATER VIEWS FROM EVERY ROOM! This is not your typical remodeled condo! Stunning 2-bedroom, 2-bath second-floor residence featuring a high-end renovation completed in 2016 with no expense spared! Exceptional craftsmanship, quality finishes and breathtaking water views throughout! Gorgeous kitchen with cherry cabinetry, granite countertops and updated stainless steel appliances. Spacious living room features a wood-burning fireplace and access to a private balcony overlooking the water. Luxurious primary suite offers spectacular views, a large walk-in closet and beautifully remodeled bath with double-bowl granite vanity and walk-in shower. Both bathrooms feature cherry cabinetry and granite countertops. Additional upgrades include newer in-unit stackable front-loading LG washer and dryer, updated plumbing and electrical, upgraded interior doors, baseboards, trim and beautiful crown molding. The home remains in beautiful condition, with carpeting being the one area ready for replacement. Heated underground garage parking, car wash and storage. Enjoy tennis courts and a newly rebuilt swimming pool overlooking the picturesque lake! Assessments include heat, water, gas, garbage and exterior maintenance. Convenient Rolling Meadows location near shopping, restaurants and expressways. An exceptional condo offering upscale finishes, resort-style amenities and truly spectacular water views! Square footage unknown but this is a very large and spacious condo with exceptional views!

Highlights

  • Residential
  • Condominium
  • Built in 1972
  • $717/mo HOA
  • Waterfront
  • 1 Car Garage
  • 3 days on Market

  • Bedrooms
    2
  • Bathrooms
    2
  • Year Built
    1972
  • Stories
    3.0
  • Construction Materials
    Brick
  • Foundation
    Concrete Perimeter
  • Garage Spaces
    1.0
  • Parking Features
    Attached, Garage Door Opener, Asphalt, Garage, Heated Garage
  • Interior Features
    Storage, Elevator, Entrance Foyer
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range, Disposal, Humidifier, Stainless Steel Appliance(s), Wine Refrigerator
  • Exterior Features
    Balcony
  • Pool Features
    In Ground
  • Cooling
    Central Air
  • Heating
    Forced Air
  • Basement
    Finished, Full

  • Water Front Features
    Pond
  • Water Front
    Yes
  • View
    Water
  • Utilities
    Cable Available

  • Area
    Rolling Meadows
  • County
    Cook
  • City
    Rolling Meadows
  • Neighborhood
    Three Fountains on the Lake
  • Zip Code
    60008
  • High School
    Rolling Meadows High School
  • Middle School
    Carl Sandburg Middle School
  • Elementary School
    Willow Bend Elementary School

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Frequently Asked Questions

How do I schedule a tour of 5501 Carriageway Dr #212?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5501 Carriageway Dr #212.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5501 Carriageway Dr #212?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 2 bath, listed for $275,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Rolling Meadows, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5501 Carriageway Dr #212?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5501 Carriageway Dr #212 at around $1,932. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5501 Carriageway Dr #212?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cook County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5501 Carriageway Dr #212?

In most cases, yes. Whether 5501 Carriageway Dr #212 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Rolling Meadows's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5501 Carriageway Dr #212?

We can handle that for you. Our preferred local agent specializes in residentials in Rolling Meadows and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

5501 Carriageway Dr #212 was listed on November 10, 2026, which means it's been on the market for 3 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1972, making it approximately 54 years old.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Willow Bend Elementary School
  • Middle: Carl Sandburg Middle School
  • High: Rolling Meadows High School

Want to see how these schools compare? Check out our Cook County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 5501 Carriageway Dr #212?

The most recent public record shows annual property taxes for 5501 Carriageway Dr #212 were approximately $4,409. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $717 paid monthly.

This covers access to community features including: Pool, Storage, Tennis Court(s), Party Room, Service Elevator(s).

Is 5501 Carriageway Dr #212 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 13, 2026 at 02:32AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12805349