Village On The Lake is located at 720 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and consists of 112 units. It was built in 1974, giving it a sturdy presence in the neighborhood. Many buyers appreciate the waterfront views that come with this property.
The unit sizes range from 1,550 to 1,650 square feet. Prices for the units vary significantly, falling between $215,000 and $265,500. The average selling price is around $231,000, and this translates to about $205 per square foot. The market remains active with average days on market at 79 days.
Residents enjoy various amenities, including an indoor pool, clubhouse, and tennis courts. There's also easy access to parks and bike trails for outdoor activities. The building comes with elevators and laundry facilities, enhancing day-to-day living for everyone.
Living here comes with additional benefits like nearby places to shop and eat. Local points of interest include popular spots such as a grocery store and various dining options. The surrounding area is friendly which adds to the charm of the neighborhood.
Access to major roads makes commuting smooth and straightforward. It’s also a plus for those who enjoy running errands or visiting local businesses. The combination of location and amenities makes Village On The Lake an appealing choice for different lifestyles.
Comfort and leisure balance well within this community. The setting by the water encourages relaxation and outdoor fun. This building provides a cozy living space while keeping access to entertainment and recreation close at hand.
Village On The Lake is located at 720 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and consists of 112 units. It was built in 1974, giving it a sturdy presence in the neighborhood. Many buyers appreciate the waterfront views that come with this property.
The unit sizes range from 1,550 to 1,650 square feet. Prices for the units vary significantly, falling between $215,000 and $265,500. The average selling price is around $231,000, and this translates to about $205 per square foot. The market remains active with average days on market at 79 days.
Residents enjoy various amenities, including an indoor pool, clubhouse, and tennis courts. There's also easy access to parks and bike trails for outdoor activities. The building comes with elevators and laundry facilities, enhancing day-to-day living for everyone.
Living here comes with additional benefits like nearby places to shop and eat. Local points of interest include popular spots such as a grocery store and various dining options. The surrounding area is friendly which adds to the charm of the neighborhood.
Access to major roads makes commuting smooth and straightforward. It’s also a plus for those who enjoy running errands or visiting local businesses. The combination of location and amenities makes Village On The Lake an appealing choice for different lifestyles.
Comfort and leisure balance well within this community. The setting by the water encourages relaxation and outdoor fun. This building provides a cozy living space while keeping access to entertainment and recreation close at hand.
Description
Village On The Lake is located at 720 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and consists of 112 units. It was built in 1974, giving it a sturdy presence in the neighborhood. Many buyers appreciate the waterfront views that come with this property.
The unit sizes range from 1,550 to 1,650 square feet. Prices for the units vary significantly, falling between $215,000 and $265,500. The average selling price is around $231,000, and this translates to about $205 per square foot. The market remains active with average days on market at 79 days.
Residents enjoy various amenities, including an indoor pool, clubhouse, and tennis courts. There's also easy access to parks and bike trails for outdoor activities. The building comes with elevators and laundry facilities, enhancing day-to-day living for everyone.
Living here comes with additional benefits like nearby places to shop and eat. Local points of interest include popular spots such as a grocery store and various dining options. The surrounding area is friendly which adds to the charm of the neighborhood.
Access to major roads makes commuting smooth and straightforward. It’s also a plus for those who enjoy running errands or visiting local businesses. The combination of location and amenities makes Village On The Lake an appealing choice for different lifestyles.
Comfort and leisure balance well within this community. The setting by the water encourages relaxation and outdoor fun. This building provides a cozy living space while keeping access to entertainment and recreation close at hand.
Village On The Lake Key Stats Last 12 months
Avg. Listed Price$234,633($208/Sqft.)
Avg. Sale Price$231,000($205/Sqft.)
Year over year list price23.75%
Year over year sale price22.92%
Total Listings3 Listed
Total sold3 Sold
Average Days on Market79 days
Average HOA fees per sqft$3 /monthly
Key Stats
Year over year list price23.75%
Year over year sale price22.92%
Total Listings3 Listed
Total sold3 Sold
Average Days on Market79 days
Average HOA fees per sqft$3 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
Low
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
Low
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
One of the highlights of living in Village On The Lake is its fantastic amenities. Picture this: you can take a refreshing dip in the indoor pool on a chilly day or hit the tennis courts for some active fun with friends. You’ll have access to a clubhouse that's perfect for hosting gatherings and a party room where you can celebrate life’s special moments. Plus, bike trails await outdoor enthusiasts, and the onsite laundry facilities keep things simple. And if you have a furry friend, you’ll be pleased to know that cats and dogs are welcome!
Amenities Description
One of the highlights of living in Village On The Lake is its fantastic amenities. Picture this: you can take a refreshing dip in the indoor pool on a chilly day or hit the tennis courts for some active fun with friends. You’ll have access to a clubhouse that's perfect for hosting gatherings and a party room where you can celebrate life’s special moments. Plus, bike trails await outdoor enthusiasts, and the onsite laundry facilities keep things simple. And if you have a furry friend, you’ll be pleased to know that cats and dogs are welcome!
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
-
Visitors Parking
Amenities
Elevator(s)
Pool
In Ground Pool
Indoor Pool
Security Door Lock(s)
Laundry
Coin Laundry
Tennis Court(s)
Patio
Receiving Room
Clubhouse
Bike Room/Bike Trails
Party Room
Storage
Service Elevator(s)
Balcony
Policies
Speaking of pets, Village On The Lake has a friendly policy when it comes to your four-legged companions—cats and dogs are both allowed, so you won’t have to leave your pet behind! This pet-friendly approach makes it an inviting environment for animal lovers looking for their first home.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
This neighborhood indicates a good mix of people which makes it a good place for families. About 19.31% are children aged 0–14, 14.49% are young adults between 15–29, 22.49% are adults aged 30–44, 19.13% are in the 45–59 range and 24.58% are seniors aged 60 and above.
Commuting options are also varying where 81.82% of residents relying on driving, while others prefer public transit around 4.38%, walking around 0.54%, biking around 0.87%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 62.79% of units owner occupied and 37.21% are rented.
The neighborhood offers different household types. About 31.02% are single family homes and 7.04% are multi family units. Around 33.96% are single-person households, while 66.04% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 27.96% of residents have bachelor’s degrees. Around 24.2% have high school or college education. Another 10.48% hold diplomas while 13.02% have completed postgraduate studies. The remaining are 24.33% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 19.31% are children aged 0–14, 14.49% are young adults between 15–29, 22.49% are adults aged 30–44, 19.13% are in the 45–59 range and 24.58% are seniors aged 60 and above.
Commuting options are also varying where 81.82% of residents relying on driving, while others prefer public transit around 4.38%, walking around 0.54%, biking around 0.87%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 62.79% of units owner occupied and 37.21% are rented.
The neighborhood offers different household types. About 31.02% are single family homes and 7.04% are multi family units. Around 33.96% are single-person households, while 66.04% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 27.96% of residents have bachelor’s degrees. Around 24.2% have high school or college education. Another 10.48% hold diplomas while 13.02% have completed postgraduate studies. The remaining are 24.33% with other types of qualifications.
Age Demographics
19.31%(0 - 14 years old)
14.49%(15 - 29 years old)
22.49%(30 - 44 years old)
19.13%(45 - 59 years old)
24.58%(60+ years old)
Commute
4.38%
Transit
0.54%
Walk
81.82%
Drive
0.87%
Bike
Housing Ownership
62.79%
Owner Occupied
37.21%
Rental Units
Household Types
31.02%
Single Family
7.04%
Multi Family
33.96%
Single Person
66.04%
Multi Person
Education
Bachelors Degree27.96%
High School College24.2%
Diploma10.48%
Post Graduate13.02%
Others24.33%
Education
Diploma10.48%
Post Graduate13.02%
Others24.33%
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