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  1. Home
  2. /Palatine, IL
  3. /
    Lake Louise Condominiums

Lake Louise Condominiums

516 N Wilke Road, Palatine, IL, 60074

Lake Louise CondominiumsCommunity
0 Units for Sale

Front view of a two-story brick building with balconies and a central entrance.View Listing
MLS ID #12032343
Front view of a two-story brick building with balconies and a central entrance.View ListingMLS ID #12032343
Front view of a two-story brick apartment building with balconies.View ListingMLS ID #12158655
View from a balcony showing parking area and nearby buildings.View ListingMLS ID #12032343
Front view of a two-story brick building with balconies.View ListingMLS ID #12032343
YearBuilt

Year Built

1970

Stories

# Stories

2

#TotalUnits

# Total Units

7
UnitSizeRange

Unit Size Range

1,150-1,250 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Lake Louise Condominiums

Lake Louise Condominiums is a charming two-story residential complex located at 516 N Wilke Road in Palatine, IL. Built in 1970, this development offers a selection of well-designed units catering to a variety of lifestyles. The building features contemporary architectural elements typical of the era, with unit layouts that maximize space and natural light. Notably, residents have access to common amenities such as a landscaped courtyard, on-site laundry facilities, and ample parking spaces. Although not a waterfront property, Lake Louise Condominiums is strategically situated in a serene environment, providing a peaceful suburban living experience. Surrounding the complex are a variety of conveniences and recreational opportunities, including nearby parks, shopping centers, and dining establishments. The well-connected roadways and public transportation options allow for easy commuting and access to the broader region's amenities. The property's zip code, 60074, encompasses a diverse community known for its blend of urban conveniences and suburban tranquility. With its classic construction, practical amenities, and strategic location, Lake Louise Condominiums presents a comfortable residential option for those seeking a balance between city life and suburban serenity.

Front view of a two-story brick building with balconies and a central entrance.View Listing
MLS ID #12032343
Front view of a two-story brick building with balconies and a central entrance.View ListingMLS ID #12032343
Front view of a two-story brick apartment building with balconies.View ListingMLS ID #12158655
View from a balcony showing parking area and nearby buildings.View ListingMLS ID #12032343
Front view of a two-story brick building with balconies.View ListingMLS ID #12032343

Amenities

Living at Lake Louise means enjoying a plethora of amenities designed to enhance your lifestyle. Picture yourself unwinding by the in-ground pool on a warm summer day, or challenging friends to a game in the exercise room. For those who love the outdoors, you'll appreciate the bike trails and nearby parks that promote an active lifestyle. Additionally, private laundry hookups in each unit ensure that household chores are a breeze.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

One of the highlights of living in Lake Louise Condominiums is its welcoming policies. The community is pet-friendly, allowing both cats and dogs, making it a perfect fit for animal lovers. There are, however, number and size limits on pets, ensuring a harmonious environment for all residents. This attention to detail creates a sense of balance between comfort and community that many first-time buyers desire.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Lake Louise Condominiums Market Report (last 12 months)

Avg. List Price
$205,000 ($205/Sqft.)
Year-Over-Year List Price
Down Arrow 9.29%
Total Listings
Listings2
Avg. Days On Market
Calendar48
Avg. Sale Price
$200,000 ($199/Sqft.)
Year-Over-Year Sale Price
Down Arrow 13.04%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$4 /monthly

Lake Louise Condominiums Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 20520585011472025-06-11
MLS#: 12345840
Closed$185,000
Unit 106106120022412024-10-28
MLS#: 12158655
Closed$215,000
Unit 201201110022432024-05-31
MLS#: 12032343
Closed$230,000
Unit 106
106

2 Beds

2 Baths

1200 sqft

Days On Market41

DateStatusPrice
2024-10-28Closed$215,000
MLS#: 12158655
Unit 201
201

2 Beds

2 Baths

1100 sqft

Days On Market43

DateStatusPrice
2024-05-31Closed$230,000
MLS#: 12032343
Unit 205
205

1 Beds

1 Baths

850 sqft

Days On Market47

DateStatusPrice
2025-06-11Closed$185,000
MLS#: 12345840
View Complete Unit Listing HistorySource By: MRED

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Living in Lake Louise Condominiums

Condo Living at Lake Louise Condominiums, located at 516 N WILKE ROAD, PALATINE, IL:

Welcome to Lake Louise Condominiums, a charming community nestled in the heart of Palatine, Illinois! This cozy building, constructed in 1970, spans two welcoming stories and is the perfect setting for first-time homebuyers eager to jump into condo life. With only seven units available, Lake Louise offers an intimate atmosphere that fosters a sense of community while providing all the comforts of home.

Building Features and Unit Availability:

The condos at Lake Louise range from 1,150 to 1,250 square feet, providing ample space to express your personal style. While currently, unit availability is low, the demand remains manageable, offering a unique opportunity for buyers looking for a quiet place to settle down. With an average closed price of $222,500 and a reasonable price per square foot of $195, these units are accessible for those ready to make a smart investment in their future.

Life at Lake Louise Condominiums:

Imagine starting your day with a relaxing stroll to local coffee shops and eateries, creating a laid-back atmosphere you’ll cherish. Neighbors easily become friends here, as the community encourages connection and support. Whether you're hosting a game night or simply enjoying quiet evenings at home, Lake Louise offers a lifestyle that balances relaxation and social interaction.

  1. Home
  2. /Palatine, IL
  3. /
    Lake Louise Condominiums
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Huntley, Illinois 60142

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