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Front view of a multi-story apartment building with balconies.
Gallery14
MLS ID #12378571
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  1. Home
  2. /Elk Grove Village, IL
  3. /Village on the Lake
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Village on the Lake

Community constructed 1972-1976

BUILDINGS (OVER 5 UNITS)
Gallery10
BUILDINGS (2-5 UNITS)
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SINGLE UNITS
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Village on the Lake

About Village on the Lake

Village on the Lake has 701 homes in 10 multi-unit buildings. The community offers 1-bedroom, 2-bedroom, and 3-bedroom units. Unit sizes range from 783 to 1150 square feet. Residents use a Clubhouse, a Business Center, and a Party Room. The property provides an Exercise Room, an Indoor Pool, and an In Ground Pool. Residents also use a Sundeck, a Bike Room, and Trails. The site includes a Boat Dock, a Water View, and a Park. The community has Tennis Courts, Intercom, Receiving Room, and Security Lighting. Buildings include Elevators and Service Elevators. The property provides Laundry and School Bus access. Pet rules list Number Limit, Cats OK, Dogs OK, and No. The site features Security Lighting and Intercom. Residents also have Laundry on site. Buildings include Elevators and Service Elevators for access.

About Village on the Lake

Village on the Lake has 701 homes in 10 multi-unit buildings. The community offers 1-bedroom, 2-bedroom, and 3-bedroom units. Unit sizes range from 783 to 1150 square feet. Residents use a Clubhouse, a Business Center, and a Party Room. The property provides an Exercise Room, an Indoor Pool, and an In Ground Pool. Residents also use a Sundeck, a Bike Room, and Trails. The site includes a Boat Dock, a Water View, and a Park. The community has Tennis Courts, Intercom, Receiving Room, and Security Lighting. Buildings include Elevators and Service Elevators. The property provides Laundry and School Bus access. Pet rules list Number Limit, Cats OK, Dogs OK, and No. The site features Security Lighting and Intercom. Residents also have Laundry on site. Buildings include Elevators and Service Elevators for access.
Front view of a multi-story apartment building with balconies.View Listing
MLS ID #12378571
Front view of a multi-story apartment building with balconies.MLS ID #12378571
Front view of a multi-story brick building with balconies.MLS ID #12196751
Front view of a multi-story brick building with balconies.MLS ID #12359756

Buildings In Village on the Lake

Village On The Lake
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Village On The Lake

720 WELLINGTON AVENUE,ELK GROVE VILLAGE,IL

1 active listing

898 Wellington Ave
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898 Wellington Ave

898 WELLINGTON,ELK GROVE VILLAGE,IL

0 active listings

Village On The Lake
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Village On The Lake

850 WELLINGTON AVENUE,ELK GROVE VILLAGE,IL

0 active listings

Village On The Lake
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Village On The Lake

700 WELLINGTON AVENUE,ELK GROVE VILLAGE,IL

0 active listings

Village On The Lake
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Village On The Lake

720 WELLINGTON AVENUE,ELK GROVE VILLAGE,IL

1 active listing

898 Wellington Ave
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898 Wellington Ave

898 WELLINGTON,ELK GROVE VILLAGE,IL

0 active listings

Village On The Lake
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Village On The Lake

850 WELLINGTON AVENUE,ELK GROVE VILLAGE,IL

0 active listings

Village On The Lake
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Village On The Lake

700 WELLINGTON AVENUE,ELK GROVE VILLAGE,IL

0 active listings

Village on the Lake Market Stats Last 12 months

AVG. LISTED PRICE$207,771($225 /sqft.)

AVG. SALE PRICE$202,433($224 /sqft.)
YEAR OVER YEAR LIST PRICETrending Up4.34%

YEAR OVER YEAR SALE PRICETrending Up3.96%
TOTAL LISTINGS33 Listed

TOTAL SOLD30 Sold
AVERAGE DAYS ON MARKET80 days
AVERAGE HOA FEES PER SQFT$3 /monthly

Market StatsLast 12 months

AVG. LISTED PRICE
$207,771($225 /sqft.)

AVG. SALE PRICE
$202,433($224 /sqft.)
YEAR OVER YEAR LIST PRICETrending Up4.34%

YEAR OVER YEAR SALE PRICETrending Up3.96%
TOTAL LISTINGS33 Listed

TOTAL SOLD30 Sold
AVERAGE DAYS ON MARKET80 days
AVERAGE HOA FEES PER SQFT$3 /monthly

Village on the Lake Inventory & Sale History

Property
405 - 720 WELLINGTON AVE UNIT 405
Village On The Lake
1500Square Feet
3Beds
2Baths
82Days on Market
Sold For $270,000Listed on Jun 3, 2026
Property
219 - 720 WELLINGTON AVE UNIT 219
Village On The Lake
1100Square Feet
2Beds
2Baths
49Days on Market
Sold For $265,000Listed on May 29, 2026
Property
405 - 720 WELLINGTON AVE
Village On The Lake
1500Square Feet
3Beds
2Baths
55Days on Market
Sold For $265,500Listed on Jun 21, 2022
Property
315 - 700 WELLINGTON AVE
Village On The Lake
1100Square Feet
2Beds
2Baths
71Days on Market
Sold For $270,000Listed on Aug 8, 2025
Listing

405 - 720 WELLINGTON AVE UNIT 405

Village On The Lake

Sold for $270,000

3 Beds    2 Bath    1500 sqft

Sold on Jun 3, 2026|82 days on market

Listing

219 - 720 WELLINGTON AVE UNIT 219

Village On The Lake

Sold for $265,000

2 Beds    2 Bath    1100 sqft

Sold on May 29, 2026|49 days on market

Village on the Lake Amenities

Water View
Water View
Elevator(s)
Elevator(s)
Exercise Room
Exercise Room
Pool
Pool
In Ground Pool
In Ground Pool
Indoor Pool
Indoor Pool
Security
Security
Security Door Lock(s)
Security Door Lock(s)
Security Lighting
Security Lighting
Laundry
Laundry
Coin Laundry
Coin Laundry
Tennis Court(s)
Tennis Court(s)
Sundeck
Sundeck
Patio
Patio
Receiving Room
Receiving Room
Clubhouse
Clubhouse
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
Water View
Water View
Elevator(s)
Elevator(s)
Exercise Room
Exercise Room
Pool
Pool
In Ground Pool
In Ground Pool

Amenities

Water View
Water View
Elevator(s)
Elevator(s)
Exercise Room
Exercise Room
Pool
Pool
In Ground Pool
In Ground Pool
Indoor Pool
Indoor Pool
Security
Security
Security Door Lock(s)
Security Door Lock(s)
Security Lighting
Security Lighting
Laundry
Laundry
Coin Laundry
Coin Laundry
Tennis Court(s)
Tennis Court(s)
Sundeck
Sundeck
Patio
Patio
Receiving Room
Receiving Room
Clubhouse
Clubhouse
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

Village on the Lake Policies

Pets allowed
Pets not allowed
BBQ allowed
BBQ not allowed
Sublet allowed
Sublet not allowed
Short term rental not allowed
Short term rental not allowed

The Neighborhood:

Frequently Asked Questions About Village on the Lake

How many buildings are there in Village on the Lake?

Village on the Lake has 10 buildings in total with all buildings containing more than 5 units.

How much does property typically cost in Village on the Lake?

In Village on the Lake, the average sales price is $202,433, while the average listed price is $207,771.

What amenities can I expect in buildings in Village on the Lake?

Buildings in Village on the Lake include amenities like Park, Service Elevator(s), Bike Room/Bike Trails, Security Lighting, Water View, Exercise Room, Trail(s), Receiving Room, Tennis Court(s), In Ground Pool, School Bus, Laundry, Sundeck, Elevator(s), Indoor Pool, Party Room, Business Center, Boat Dock, Clubhouse, Pool, Intercom.

What is the average HOA fee in buildings in Village on the Lake?

The average HOA fee in Village on the Lake is $3 per square foot.

What is the parking situation like in Village on the Lake buildings?

Parking data for Village on the Lake includes features such as Visitor Parking, Additional Parking, and Parking Lot.
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  1. Home
  2. /Elk Grove Village, IL
  3. /Village on the Lake
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