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Single Family ResidenceResidential
$452,671$198 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $217,500 on Jun 13, 2022

481 W FAIRBORN LN

ROUND LAKE, IL 60073
4
Beds
2.5
Baths
2,292 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.28 ac
Lot SizeThe size of the land the home sits on, from county records.
2004
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$453K
$425K low$480K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$217,500 · Jun 13, 2022
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$0
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$0
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.138%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$231,200
BANC GROUP MORTGAGE CORP · recorded Jan 4, 2005
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$227,840
ROCKET MORTGAGE LLC
3rd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$149,456

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$11,711 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$121,394 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$23,476
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$97,918
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$108,587
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$364,218

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyLAKE
Lot (acres)The size of the land the home sits on, from county records.0.28
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 100 ft²Porch · 40 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Fremont Elementary School
Elementary · Grades PK–2 · 2.7 mi
M
Fremont Jr High/Middle SchoolB
Middle · Grades 6–8 · 2.7 mi
H
Mundelein Consolidated High SchoolA-
High · Grades 9–12 · 4.9 mi

District: Mundelein Consolidated High School District 120

Neighborhood · ZIP 60073These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.80
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.55,828
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,687 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$83,400
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$103,944
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

481 W Fairborn Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 91% of homes in Round Lake 60073
  • Costs less per square foot than 73% of homes in Lake County
  • Bigger than 87% of homes in Round Lake 60073
  • Has a bigger lot than 91% of homes in Round Lake 60073
  • Newer than 92% of homes in Lake County

What homes are worth in Round Lake 60073

Each bar is how many homes fall in that price range. The marker is this home.

This home
$135K$514K

This home is worth more than 91% of homes in Round Lake 60073.

How it measures up in Round Lake 60073

The dot is this home. The mark in the middle is the typical home in Round Lake 60073.

Estimated value$452,671
CheaperTypical $271,996Pricier

Pricier than 91% of homes nearby

Price per ft²$198
CheaperTypical $195Pricier

Pricier than 52% of homes nearby

Living area2,292 ft²
SmallerTypical 1,417 ft²Bigger

Bigger than 87% of homes nearby

Lot size0.28 ac
SmallerTypical 0.15 acBigger

Bigger than 91% of homes nearby

Year built2004
OlderTypical 1995Newer

Newer than 87% of homes nearby

How 481 W Fairborn Ln ranks against every home in each area.
MeasureThis homeRound Lake 60073Lake County
Estimated valuepricier than$452,67191% of homes58% of homes
Price per ft²pricier than$19852% of homes27% of homes
Living areabigger than2,292 ft²87% of homes68% of homes
Lot sizebigger than0.28 ac91% of homes66% of homes
Year builtnewer than200487% of homes92% of homes

About 481 W Fairborn Ln

How much is 481 W Fairborn Ln, Round Lake, IL worth?

The TopHap Estimate for 481 W Fairborn Ln, Round Lake, IL is $452,671 as of Jul 14, 2026. The likely range is $425,239 to $480,103. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 481 W Fairborn Ln, Round Lake, IL last sell?

481 W Fairborn Ln, Round Lake, IL last sold on Jun 13, 2022 for $217,500, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 481 W Fairborn Ln, Round Lake, IL?

481 W Fairborn Ln, Round Lake, IL has 4 bedrooms, 2.5 bathrooms, 2,292 square feet of living space and a 0.28-acre lot.

When was 481 W Fairborn Ln, Round Lake, IL built?

481 W Fairborn Ln, Round Lake, IL was built in 2004, making it 22 years old. It is a conventional home. The building has 2 stories.

What schools serve 481 W Fairborn Ln, Round Lake, IL?

481 W Fairborn Ln, Round Lake, IL is assigned to Fremont Elementary School (elementary); Fremont Jr High/Middle School (middle), rated B; Mundelein Consolidated High School (high), rated A-. All sit in Mundelein Consolidated High School District 120. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 481 W Fairborn Ln, Round Lake, IL compare to other homes in Round Lake 60073?

Among the 19,174 homes in Round Lake 60073, it is worth more than 91% of them ($452,671 against a typical $271,996), its price per square foot is higher than 52% of them ($198 against a typical $195), it is bigger than 87% of them (2,292 ft² against a typical 1,417 ft²), its lot is bigger than 91% of them (0.28 ac against a typical 0.15 ac) and it is newer than 87% of them (2004 against a typical 1995). Measured against all of Lake County, it is worth more than 58% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 481 W Fairborn Ln, Round Lake, IL?

The 2024 property tax bill for 481 W Fairborn Ln, Round Lake, IL was $11,711. The county assessed it at $121,394.

Closest homes

More homes in Round Lake 60073

Assigned schools

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