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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

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

YEAR BUILT

1972

# STORIES

3

# TOTAL UNITS

33

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Village On The Lake is located at 898 Wellington Avenue in Elk Grove Village. This low-rise building has 3 stories and includes 33 units. Built in 1972, it features a mix of one and two-bedroom layouts. The units range in size from 1,150 to 1,250 square feet. Pricing for the available units ranges from $207,000 to $275,000. The average selling price in the last year was about $178,000. This breaks down to an average of $223 per square foot. Homes here spend around 54 days on the market before they sell. Residents can enjoy various amenities, such as a business center, pool, and tennis courts. Other features like a laundry area and bike trails add to daily ease. An intercom system and elevators enhance the overall living experience. The building is close to several local businesses, including A. Meyer, Paul DO, and Celeste DO. These spots cater to daily needs, offering convenient access. Nearby parks and trails invite outdoor activities, making it a perfect spot for nature lovers. Living in Village On The Lake provides a friendly community atmosphere. The blend of peaceful living and access to amenities makes it an appealing choice. Additionally, being close to local roads allows for easy commutes throughout the area.

Building ImageMLS ID #12101941
Building ImageMLS ID #11922273
Building Image
Building ImageView Listing

Village On The Lake

898 Wellington Avenue, Elk Grove Village, IL, 60007


Village on the Lake

YEAR BUILT

1972

# STORIES

3

# TOTAL UNITS

33

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Village On The Lake is located at 898 Wellington Avenue in Elk Grove Village. This low-rise building has 3 stories and includes 33 units. Built in 1972, it features a mix of one and two-bedroom layouts. The units range in size from 1,150 to 1,250 square feet. Pricing for the available units ranges from $207,000 to $275,000. The average selling price in the last year was about $178,000. This breaks down to an average of $223 per square foot. Homes here spend around 54 days on the market before they sell. Residents can enjoy various amenities, such as a business center, pool, and tennis courts. Other features like a laundry area and bike trails add to daily ease. An intercom system and elevators enhance the overall living experience. The building is close to several local businesses, including A. Meyer, Paul DO, and Celeste DO. These spots cater to daily needs, offering convenient access. Nearby parks and trails invite outdoor activities, making it a perfect spot for nature lovers. Living in Village On The Lake provides a friendly community atmosphere. The blend of peaceful living and access to amenities makes it an appealing choice. Additionally, being close to local roads allows for easy commutes throughout the area.

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Description

Village On The Lake is located at 898 Wellington Avenue in Elk Grove Village. This low-rise building has 3 stories and includes 33 units. Built in 1972, it features a mix of one and two-bedroom layouts. The units range in size from 1,150 to 1,250 square feet. Pricing for the available units ranges from $207,000 to $275,000. The average selling price in the last year was about $178,000. This breaks down to an average of $223 per square foot. Homes here spend around 54 days on the market before they sell. Residents can enjoy various amenities, such as a business center, pool, and tennis courts. Other features like a laundry area and bike trails add to daily ease. An intercom system and elevators enhance the overall living experience. The building is close to several local businesses, including A. Meyer, Paul DO, and Celeste DO. These spots cater to daily needs, offering convenient access. Nearby parks and trails invite outdoor activities, making it a perfect spot for nature lovers. Living in Village On The Lake provides a friendly community atmosphere. The blend of peaceful living and access to amenities makes it an appealing choice. Additionally, being close to local roads allows for easy commutes throughout the area.

Village On The Lake Key Stats Last 12 months

Avg. Listed Price$181,900($228/Sqft.)

Avg. Sale Price$178,000($223/Sqft.)
Year over year list priceDown Arrow29.50%

Year over year sale priceDown Arrow 16.22%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market54 days

Average HOA fees per sqft$2 /monthly
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Key Stats

Year over year list priceDown Arrow29.50%

Year over year sale priceDown Arrow16.22%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market54 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 202202110022332025-12-22
MLS#: 12517918
Closed$225,000
Unit 302302110022492024-08-22
MLS#: 12101941
Closed$275,000
Unit 213213105522202023-10-26
MLS#: 11900960
Closed$207,000
Unit 202
202

2 Beds

2 Baths

1100 sqft


DateStatusPrice
2025-12-22Closed$225,000
MLS#: 12517918
Days On Market33
Unit 213
213

2 Beds

2 Baths

1055 sqft


DateStatusPrice
2023-10-26Closed$207,000
MLS#: 11900960
Days On Market20
Unit 302
302

2 Beds

2 Baths

1100 sqft


DateStatusPrice
2024-08-22Closed$275,000
MLS#: 12101941
Days On Market49
View Complete Unit Listing HistorySource By: MRED

Amenities

This condo complex truly has some stellar amenities designed to improve your lifestyle. Imagine spending warm summer days lounging by the pool, or perhaps you’d enjoy practicing your serve on the tennis courts. If you're a fitness enthusiast or someone who loves the great outdoors, you’ll appreciate the nearby trails perfect for biking or leisurely walks. Social gatherings can be effortless with access to a spacious party room, while practical elements such as on-site laundry facilities and a bike room make day-to-day living a breeze.

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Amenities Description

This condo complex truly has some stellar amenities designed to improve your lifestyle. Imagine spending warm summer days lounging by the pool, or perhaps you’d enjoy practicing your serve on the tennis courts. If you're a fitness enthusiast or someone who loves the great outdoors, you’ll appreciate the nearby trails perfect for biking or leisurely walks. Social gatherings can be effortless with access to a spacious party room, while practical elements such as on-site laundry facilities and a bike room make day-to-day living a breeze.

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

Amenities

Elevator(s)

Elevator(s)

Pool

Pool

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Business Center

Business Center

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

One of the most appealing aspects of Village On The Lake is its straightforward building policies—there are no burdensome restrictions to worry about. This allows you the freedom to enjoy your space as you see fit, focusing more on making the place truly yours rather than navigating a labyrinth of rules.

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$223/sqft.$2 /sqft.
898 Wellington Ave$221/sqft.$2 /sqft.
Park Orleans$166/sqft.$4 /sqft.
850 Wellington Blvd$230/sqft.$2 /sqft.
Village On The Lake$230/sqft.$2 /sqft.
Chardonnay On The Lake$234/sqft.$4 /sqft.

Nearby Schools

Situated in , Village On The Lake is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

Adm Richard E Byrd Elementary School

C+
Public|Grades KG–5
265 Wellington Ave|0.5 miles away

Salt Creek Elementary School

C
Public|Grades KG–5
65 Jf Kennedy Blvd|0.57 miles away

Elk Grove High School

A-
Public|Grades 9–12
500 W Elk Grove Bl...|0.83 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|1.14 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Situated in , Village On The Lake is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

Adm Richard E Byrd Elementary School

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

Salt Creek Elementary School

C
Public|Grades KG–5
65 Jf Kennedy Blvd|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|1.14 Miles Away

Clearmont Elementary School

B-
Public|Grades KG–5
280 Clearmont Dr|1.15 Miles Away

One School Global Chicago Campus

--
Private|Grades 3–12
404 E Devon Ave|1.43 Miles Away

Adolph Link Elementary School

A
Public|Grades KG–6
900 W Glenn Trl|1.48 Miles Away

Adlai Stevenson Elementary School

B+
Public|Grades KG–6
1414 Armstrong Ln|1.55 Miles Away

Rupley Elementary School

D+
Public|Grades KG–5
305 Oakton St|1.78 Miles Away

Elmer H Franzen Intermediate School

A-
Public|Grades 3–5
730 Catalpa Ave|1.81 Miles Away

F E Peacock Middle School

B+
Public|Grades 6–8
301 E North St|1.91 Miles Away

Alsp-F.E. Peacock Middle School-Itasca Sd 10

--
Public|Grades –
301 E North St|1.91 Miles Away

Ssp-F.E. Peacock Middle School-Itasca Sd 10

--
Public|Grades –
301 E North St|1.91 Miles Away

Transit

No Transit Data Available

The Neighbourhood: Village On The Lake

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Village On The Lake Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.26% are children aged 0–14, 14.32% are young adults between 15–29, 22.86% are adults aged 30–44, 19.38% are in the 45–59 range and 24.17% are seniors aged 60 and above. Commuting options are also varying where 81.68% of residents relying on driving, while others prefer public transit around 4.32%, walking around 0.47%, biking around 0.88%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 61.59% of units owner occupied and 38.41% are rented. The neighborhood offers different household types. About 30.76% are single family homes and 6.98% are multi family units. Around 33.76% are single-person households, while 66.24% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 28.21% of residents have bachelor’s degrees. Around 23.75% have high school or college education. Another 10.34% hold diplomas while 13.24% have completed postgraduate studies. The remaining are 24.45% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.26% are children aged 0–14, 14.32% are young adults between 15–29, 22.86% are adults aged 30–44, 19.38% are in the 45–59 range and 24.17% are seniors aged 60 and above. Commuting options are also varying where 81.68% of residents relying on driving, while others prefer public transit around 4.32%, walking around 0.47%, biking around 0.88%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 61.59% of units owner occupied and 38.41% are rented. The neighborhood offers different household types. About 30.76% are single family homes and 6.98% are multi family units. Around 33.76% are single-person households, while 66.24% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 28.21% of residents have bachelor’s degrees. Around 23.75% have high school or college education. Another 10.34% hold diplomas while 13.24% have completed postgraduate studies. The remaining are 24.45% with other types of qualifications.

Age Demographics

0–14 Years

19.26%

15–29 Years

14.32%

30–44 Years

22.86%

45–59 Years

19.38%

60+ Years

24.17%

Commute

4.32%

Transit

0.47%

Walk

81.68%

Drive

0.88%

Bike

Housing Ownership

61.59%

Owner Occupied

38.41%

Rental Units

Household Types

Single Family
30.76%
Multi Family
6.98%
Single Person
33.76%
Multi Person
66.24%

Average Income

Household:$8,447,455.59 /yr

Individual:$3,982,633.51 /yr

Education

Bachelors Degree28.21%
High School College23.75%
Diploma10.34%
Post Graduate13.24%
Others24.45%
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Education

Diploma10.34%
Post Graduate13.24%
Others24.45%
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  2. /Elk Grove Village, IL
  3. /
    Village On The Lake
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