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  3. Elk Grove Village, IL
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  5. Village On The Lake
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Village On The Lake

840 Wellington Avenue, Elk Grove Village, IL, 60007
Village on the Lake

YEAR BUILT

1973

# STORIES

5

# TOTAL UNITS

65

UNIT SIZE RANGE

1,300-1,400 sqft

Description

Village On The Lake sits at 840 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and consists of 65 units. It offers a nice variety of living spaces for residents. Each unit ranges in size from 1,300 to 1,400 square feet and includes either 1 or 2 bedrooms. The pricing for units falls between $185,000 and $208,000. Recent sales show an average closed price of $185,000. This means the average cost per square foot is about $236. The market keeps moving with units spending around 133 days on the market before selling. The building was constructed in 1973. It has plenty of amenities for residents to enjoy. Features include an intercom system, laundry facilities, a clubhouse, and an in-ground pool. There is also a tennis court and exercise room for fitness enthusiasts. Plus, stunning water views add to the charm. Nearby, there are several businesses like cafe and local markets. Access to parks and bike trails creates a great environment. The area is also easy to navigate, with local roads leading to nearby attractions. Living here means enjoying a friendly community. The layout of the building facilitates connections between neighbors. Outdoor amenities encourage a lifestyle that blends comfort and activity. It's a short drive to local lakes, perfect for anyone who enjoys nature and waterside activities.

Building ImageMLS ID #12336664
Building ImageMLS ID #12295004
Building Image
Building ImageView Listing

Village On The Lake

840 Wellington Avenue, Elk Grove Village, IL, 60007


Village on the Lake

YEAR BUILT

1973

# STORIES

5

# TOTAL UNITS

65

UNIT SIZE RANGE

1,300-1,400 sqft

Description

Village On The Lake sits at 840 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and consists of 65 units. It offers a nice variety of living spaces for residents. Each unit ranges in size from 1,300 to 1,400 square feet and includes either 1 or 2 bedrooms. The pricing for units falls between $185,000 and $208,000. Recent sales show an average closed price of $185,000. This means the average cost per square foot is about $236. The market keeps moving with units spending around 133 days on the market before selling. The building was constructed in 1973. It has plenty of amenities for residents to enjoy. Features include an intercom system, laundry facilities, a clubhouse, and an in-ground pool. There is also a tennis court and exercise room for fitness enthusiasts. Plus, stunning water views add to the charm. Nearby, there are several businesses like cafe and local markets. Access to parks and bike trails creates a great environment. The area is also easy to navigate, with local roads leading to nearby attractions. Living here means enjoying a friendly community. The layout of the building facilitates connections between neighbors. Outdoor amenities encourage a lifestyle that blends comfort and activity. It's a short drive to local lakes, perfect for anyone who enjoys nature and waterside activities.

Next

Description

Village On The Lake sits at 840 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and consists of 65 units. It offers a nice variety of living spaces for residents. Each unit ranges in size from 1,300 to 1,400 square feet and includes either 1 or 2 bedrooms. The pricing for units falls between $185,000 and $208,000. Recent sales show an average closed price of $185,000. This means the average cost per square foot is about $236. The market keeps moving with units spending around 133 days on the market before selling. The building was constructed in 1973. It has plenty of amenities for residents to enjoy. Features include an intercom system, laundry facilities, a clubhouse, and an in-ground pool. There is also a tennis court and exercise room for fitness enthusiasts. Plus, stunning water views add to the charm. Nearby, there are several businesses like cafe and local markets. Access to parks and bike trails creates a great environment. The area is also easy to navigate, with local roads leading to nearby attractions. Living here means enjoying a friendly community. The layout of the building facilitates connections between neighbors. Outdoor amenities encourage a lifestyle that blends comfort and activity. It's a short drive to local lakes, perfect for anyone who enjoys nature and waterside activities.

Village On The Lake Key Stats Last 12 months

Avg. Listed Price$184,900($236/Sqft.)
Avg. Sale Price$185,000($236/Sqft.)
Year over year list priceUp Arrow1.59%
Year over year sale priceUp Arrow 3.35%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market133 days
Average HOA fees per sqft$2 /monthly
Next

Key Stats

Year over year list priceUp Arrow1.59%
Year over year sale priceUp Arrow3.35%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market133 days
Average HOA fees per sqft$2 /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.

For Sale 0 For Sale

Village On The Lake Inventory & Sale 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

DateStatusPrice
2022-09-06Closed$190,000
MLS#: 11465382
Days On Market53
Unit 506
506

2 Beds

2 Baths

1200 sqft

DateStatusPrice
2023-02-17Closed$208,000
MLS#: 11701769
Days On Market32
Unit 520
520

2 Beds

2 Baths

1250 sqft

DateStatusPrice
2022-08-10Closed$208,000
MLS#: 11475945
Days On Market14
View Complete Unit Listing HistorySource By: MRED

Amenities

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Pool

Pool

In Ground Pool

In Ground Pool

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Receiving Room

Receiving Room

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Balcony

Balcony

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 Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental 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

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Village On The Lake$236/sqft.$2 /sqft.
840 Wellington Ave$221/sqft.$3 /sqft.
Village On The Lake$205/sqft.$3 /sqft.
720 Wellington Ave$206/sqft.$3 /sqft.
Village On The Lake$230/sqft.$2 /sqft.
850 Wellington Blvd$230/sqft.$2 /sqft.

Nearby Schools

Village On The Lake is located in , Elk Grove Village, with 12+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Salt Creek Elementary School

C
Public|Grades KG–5
65 Jf Kennedy Blvd|0.63 miles away

Adm Richard E Byrd Elementary School

C+
Public|Grades KG–5
265 Wellington Ave|0.65 miles away

Elk Grove High School

A-
Public|Grades 9–12
500 W Elk Grove Bl...|0.78 miles away

Queen of the Rosary School

--
Private|Grades PK–8
690 W Elk Grove Bl...|0.9 miles away

Grove Jr High School

C-
Public|Grades 6–8
777 W Elk Grove Bl...|1.06 miles away

Ridge Family Center for Learning

B
Public|Grades PK–5
650 Ridge Ave|1.12 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

Village On The Lake is located in , Elk Grove Village, with 12+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Salt Creek Elementary School

C
Public|Grades KG–5
65 Jf Kennedy Blvd|Less than 1 Mile Away

Adm Richard E Byrd Elementary School

C+
Public|Grades KG–5
265 Wellington Ave|Less than 1 Mile Away

Elk Grove High School

A-
Public|Grades 9–12
500 W Elk Grove Bl...|Less than 1 Mile Away

Queen of the Rosary School

--
Private|Grades PK–8
690 W Elk Grove Bl...|Less than 1 Mile Away

Grove Jr High School

C-
Public|Grades 6–8
777 W Elk Grove Bl...|1.06 Miles Away

Ridge Family Center for Learning

B
Public|Grades PK–5
650 Ridge Ave|1.12 Miles Away

Clearmont Elementary School

B-
Public|Grades KG–5
280 Clearmont Dr|1.21 Miles Away

Adolph Link Elementary School

A
Public|Grades KG–6
900 W Glenn Trl|1.44 Miles Away

One School Global Chicago Campus

--
Private|Grades 3–12
404 E Devon Ave|1.53 Miles Away

Adlai Stevenson Elementary School

B+
Public|Grades KG–6
1414 Armstrong Ln|1.57 Miles Away

Rupley Elementary School

D+
Public|Grades KG–5
305 Oakton St|1.71 Miles Away

Elmer H Franzen Intermediate School

A-
Public|Grades 3–5
730 Catalpa Ave|1.95 Miles Away

Transit

No Transit Data Available

The Neighbourhood: Village On The Lake

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Village On The Lake Demographics

Age Demographics

0–14 Years

19.3%

15–29 Years

14.42%

30–44 Years

22.58%

45–59 Years

19.26%

60+ Years

24.43%

Commute

4.33%

Transit

0.52%

Walk

81.88%

Drive

0.85%

Bike

Housing Ownership

62.36%

Owner Occupied

37.64%

Rental Units

Household Types

Single Family
30.78%
Multi Family
7.07%
Single Person
34.02%
Multi Person
65.98%

Average Income

Household:$8,376,840.62 /yr

Individual:$3,953,961.94 /yr

Education

Bachelors Degree28.15%
High School College23.99%
Diploma10.47%
Post Graduate13.02%
Others24.36%
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Education

Diploma10.47%
Post Graduate13.02%
Others24.36%
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  2. /Elk Grove Village, IL
  3. /
    Village On The Lake
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