5601 Carriageway Dr

Three Fountains on the Lake is a low-rise, three-story condominium complex built in 1972 that clusters mid-century residential blocks around a private pond and landscaped walking paths. Units range from oversized one-bedroom layouts to two-bedroom, two-bath floorplans; common interior features across the property include first-floor bedroom and full-bath options, elevators, open living/dining plans, granite counters, walk-in closets and deeded storage. Exterior character centers on private balconies or patios for many units and shared views of the pond; multiple listings describe rebuilt balconies with new sliding doors and weatherproof decking. Community amenities emphasize resort-style conveniences: an outdoor pool, clubhouse, tennis courts, onsite laundry facilities, and heated underground garage parking with individual storage spaces. Building services and assessments regularly cover utilities such as heat, cooking gas, water and trash, reducing monthly utility management for owners. The complex enforces an owner-occupancy policy that prohibits rentals, and the grounds are sited within easy driving distance of major expressways, Woodfield Mall, dining, and regional parks, making it oriented toward commuters and suburban lifestyle needs.