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  1. Home
  2. /Elk Grove Village, IL
  3. /
    Village On The Lake

Village On The Lake

840 Wellington Avenue, Elk Grove Village, IL, 60007

Village on the LakeCommunity
0 Units for Sale

Front view of a multi-story brick apartment building with balconies.View Listing
MLS ID #12336664
Front view of a multi-story brick apartment building with balconies.View ListingMLS ID #12336664
Front view of a multi-story brick apartment building.View ListingMLS ID #12295004
Front view of a multi-story brick apartment building with balconies and a landscaped entrance.View ListingMLS ID #11990609
Front view of a multi-story residential building with a circular driveway.View ListingMLS ID #12336664
YearBuilt

Year Built

1973

Stories

# Stories

5

#TotalUnits

# Total Units

65
UnitSizeRange

Unit Size Range

1,300-1,400 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Village On The Lake

Village On The Lake, located at 840 Wellington Avenue, Elk Grove Village, IL, is a five-story building constructed in 1973. This residence offers a selection of spacious units designed for comfortable living. Despite its name, it is not situated directly on a waterfront. The building showcases mid-century architectural features, characterized by its clean lines and practical design. Residents can enjoy the well-maintained common areas throughout the building, which reflect the attention given to preserving its original character. Essential amenities include on-site parking, an updated fitness center, and a community room available for gatherings. The property's layout takes full advantage of the natural light, with large windows present in each unit, creating an inviting atmosphere. The surrounding environment offers a blend of suburban tranquility with urban conveniences. Elk Grove Village boasts a variety of parks and recreational facilities, along with easy access to shopping centers and dining options. The building’s location at Zip Code 60007 ensures proximity to key transportation routes, enhancing connectivity to nearby urban hubs. Village On The Lake represents a balance of traditional design with modern living essentials, making it a practical choice for residents seeking well-rounded accommodations.

Front view of a multi-story brick apartment building with balconies.View Listing
MLS ID #12336664
Front view of a multi-story brick apartment building with balconies.View ListingMLS ID #12336664
Front view of a multi-story brick apartment building.View ListingMLS ID #12295004
Front view of a multi-story brick apartment building with balconies and a landscaped entrance.View ListingMLS ID #11990609
Front view of a multi-story residential building with a circular driveway.View ListingMLS ID #12336664

Amenities

One of the biggest draws of Village On The Lake is its wide range of amenities designed to cater to active lifestyles. If you love to stay fit, you’ll appreciate having access to an exercise room and tennis courts. For those warm days, the in-ground pool invites you to take a refreshing dip, while the beautiful water views add to the serene atmosphere. Plus, the clubhouse and party room offer perfect spaces for hosting friends and celebrating special occasions. There are bike trails for enthusiasts and laundry facilities to make your life that much easier—all set within beautiful park-like surroundings.

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

Building Policies

You’ll be glad to know that the building has straightforward policies, making it easy for residents to settle in and feel at home. The community is designed for comfort and convenience, fostering a welcoming environment for young homeowners and families alike.

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

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Village On The Lake Market Report (last 12 months)

Avg. List Price
$177,450 ($227/Sqft.)
Year-Over-Year List Price
Down Arrow 2.50%
Total Listings
Listings2
Avg. Days On Market
Calendar133
Avg. Sale Price
$185,000 ($236/Sqft.)
Year-Over-Year Sale Price
Up Arrow 6.73%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$2 /monthly

Village On The Lake Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 506506120022322023-02-17
MLS#: 11701769
Closed$208,000
Unit 309309110022532022-09-06
MLS#: 11465382
Closed$190,000
Unit 520520125022142022-08-10
MLS#: 11475945
Closed$208,000
Unit 309
309

2 Beds

2 Baths

1100 sqft

Days On Market53

DateStatusPrice
2022-09-06Closed$190,000
MLS#: 11465382
Unit 506
506

2 Beds

2 Baths

1200 sqft

Days On Market32

DateStatusPrice
2023-02-17Closed$208,000
MLS#: 11701769
Unit 520
520

2 Beds

2 Baths

1250 sqft

Days On Market14

DateStatusPrice
2022-08-10Closed$208,000
MLS#: 11475945
View Complete Unit Listing HistorySource By: MRED

The Neighborhood :

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Living in Village On The Lake

Condo Living at Village On The Lake, located at 840 WELLINGTON AVENUE,ELK GROVE VILLAGE,IL:

If you’re a first-time homebuyer looking for a cozy yet vibrant place to settle down, Village On The Lake could be the perfect fit for you. Nestled in the heart of Elk Grove Village, this charming condo building was built in 1973 and stands 5 stories tall, making it a lovely, comfortable space that feels just right for starting your new chapter. With a total of 65 units available, you’ll find that the atmosphere here is warm and inviting, perfect for making lasting memories.

Building Features and Unit Availability:

Inside the building, you’ll quickly notice the attention to detail and care that has been put into maintaining the condos. The units size ranges from 1,300 to 1,400 square feet—a great amount of space for young buyers just starting out. While the availability is currently low, it does mean that the cozy community here is quite desirable. In the past year, the condos have seen an average closed price of around $179,000, presenting affordable options for newcomers.

Life at Village On The Lake:

Imagine waking up in your condo, with scenic views just a glance away. This charming community not only offers great housing but also integrates the joys of outdoor living with its picturesque trails and nearby parks. Here, you’ll find both comfort and accessibility, allowing you to enjoy a relaxed lifestyle while forming friendships with neighbors who share similar values and interests.

  1. Home
  2. /Elk Grove Village, IL
  3. /
    Village On The Lake
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Huntley, Illinois 60142

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