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  3. Palatine, IL
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  5. Lake Louise Condominiums
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Lake Louise Condominiums

516 N Wilke Road, Palatine, IL, 60074
Lake Louise Condominiums

YEAR BUILT

1970

# STORIES

2

# TOTAL UNITS

7

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Lake Louise Condominiums is located at 516 N Wilke Road in Palatine. This low-rise building has 2 stories with a total of 7 units. The building was built in 1970 and offers a cozy atmosphere that many residents value. Units include both 1-bedroom and 2-bedroom layouts, with sizes ranging from 1,150 to 1,250 square feet. Prices for these units range from $215,000 to $230,000. The average price per square foot is about $218 based on recent sales. The average time these condos spend on the market is around 47 days. This gives potential buyers enough time to make informed decisions. It also ensures that units are available for interested buyers in a timely manner. Amenities enhance the living experience here. Residents can enjoy a pool, exercise room, and bike trails. A park adds to the charm of the area as well. Private laundry hookups make everyday living more comfortable. Nearby businesses include Crave American Kitchen & Sushi, Greenbrier Elementary School, and St Thomas of Villanova. This location provides access to shopping, dining, and schools, contributing to a tight-knit community feel. Close proximity to roads makes getting around straightforward. It's not far from local parks and outdoor spaces. Living here allows residents to enjoy a relaxed lifestyle while staying connected to their surroundings.

Building ImageMLS ID #12032343
Building ImageMLS ID #12158655
Building Image
Building ImageView Listing

Lake Louise Condominiums

516 N Wilke Road, Palatine, IL, 60074


Lake Louise Condominiums

YEAR BUILT

1970

# STORIES

2

# TOTAL UNITS

7

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Lake Louise Condominiums is located at 516 N Wilke Road in Palatine. This low-rise building has 2 stories with a total of 7 units. The building was built in 1970 and offers a cozy atmosphere that many residents value. Units include both 1-bedroom and 2-bedroom layouts, with sizes ranging from 1,150 to 1,250 square feet. Prices for these units range from $215,000 to $230,000. The average price per square foot is about $218 based on recent sales. The average time these condos spend on the market is around 47 days. This gives potential buyers enough time to make informed decisions. It also ensures that units are available for interested buyers in a timely manner. Amenities enhance the living experience here. Residents can enjoy a pool, exercise room, and bike trails. A park adds to the charm of the area as well. Private laundry hookups make everyday living more comfortable. Nearby businesses include Crave American Kitchen & Sushi, Greenbrier Elementary School, and St Thomas of Villanova. This location provides access to shopping, dining, and schools, contributing to a tight-knit community feel. Close proximity to roads makes getting around straightforward. It's not far from local parks and outdoor spaces. Living here allows residents to enjoy a relaxed lifestyle while staying connected to their surroundings.

Next

Description

Lake Louise Condominiums is located at 516 N Wilke Road in Palatine. This low-rise building has 2 stories with a total of 7 units. The building was built in 1970 and offers a cozy atmosphere that many residents value. Units include both 1-bedroom and 2-bedroom layouts, with sizes ranging from 1,150 to 1,250 square feet. Prices for these units range from $215,000 to $230,000. The average price per square foot is about $218 based on recent sales. The average time these condos spend on the market is around 47 days. This gives potential buyers enough time to make informed decisions. It also ensures that units are available for interested buyers in a timely manner. Amenities enhance the living experience here. Residents can enjoy a pool, exercise room, and bike trails. A park adds to the charm of the area as well. Private laundry hookups make everyday living more comfortable. Nearby businesses include Crave American Kitchen & Sushi, Greenbrier Elementary School, and St Thomas of Villanova. This location provides access to shopping, dining, and schools, contributing to a tight-knit community feel. Close proximity to roads makes getting around straightforward. It's not far from local parks and outdoor spaces. Living here allows residents to enjoy a relaxed lifestyle while staying connected to their surroundings.

Lake Louise Condominiums Key Stats Last 12 months

Avg. Listed Price$195,000($230/Sqft.)

Avg. Sale Price$185,000($218/Sqft.)
Year over year list priceDown Arrow11.56%

Year over year sale priceDown Arrow 16.85%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market47 days

Average HOA fees per sqft$3 /monthly
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Key Stats

Year over year list priceDown Arrow11.56%

Year over year sale priceDown Arrow16.85%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market47 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.

For Sale 0 For Sale

Lake Louise Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 20520585011472025-06-11
MLS#: 12345840
Closed$185,000
Unit 106106120022412024-10-28
MLS#: 12158655
Closed$215,000
Unit 201201110022432024-05-31
MLS#: 12032343
Closed$230,000
Unit 106
106

2 Beds

2 Baths

1200 sqft


DateStatusPrice
2024-10-28Closed$215,000
MLS#: 12158655
Days On Market41
Unit 201
201

2 Beds

2 Baths

1100 sqft


DateStatusPrice
2024-05-31Closed$230,000
MLS#: 12032343
Days On Market43
Unit 205
205

1 Beds

1 Baths

850 sqft


DateStatusPrice
2025-06-11Closed$185,000
MLS#: 12345840
Days On Market47
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at Lake Louise means enjoying a plethora of amenities designed to enhance your lifestyle. Picture yourself unwinding by the in-ground pool on a warm summer day, or challenging friends to a game in the exercise room. For those who love the outdoors, you'll appreciate the bike trails and nearby parks that promote an active lifestyle. Additionally, private laundry hookups in each unit ensure that household chores are a breeze.

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Amenities Description

Living at Lake Louise means enjoying a plethora of amenities designed to enhance your lifestyle. Picture yourself unwinding by the in-ground pool on a warm summer day, or challenging friends to a game in the exercise room. For those who love the outdoors, you'll appreciate the bike trails and nearby parks that promote an active lifestyle. Additionally, private laundry hookups in each unit ensure that household chores are a breeze.

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

Exercise Room

Exercise Room

Pool

Pool

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Private Laundry Hkup

Private Laundry Hkup

Patio

Patio

Bike Room/Bike Trails

Bike Room/Bike Trails

Balcony

Balcony

Policies

One of the highlights of living in Lake Louise Condominiums is its welcoming policies. The community is pet-friendly, allowing both cats and dogs, making it a perfect fit for animal lovers. There are, however, number and size limits on pets, ensuring a harmonious environment for all residents. This attention to detail creates a sense of balance between comfort and community that many first-time buyers desire.

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Amenities Description

One of the highlights of living in Lake Louise Condominiums is its welcoming policies. The community is pet-friendly, allowing both cats and dogs, making it a perfect fit for animal lovers. There are, however, number and size limits on pets, ensuring a harmonious environment for all residents. This attention to detail creates a sense of balance between comfort and community that many first-time buyers desire.

Pet Allowed
Check
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)
Lake Louise Condominiums$218/sqft.$3 /sqft.
516 N Wilke Rd$207/sqft.$3 /sqft.
Lake Louise Condominiums$220/sqft.$3 /sqft.
1515 E Churchill Dr$220/sqft.$3 /sqft.
1501 E Churchill Dr$184/sqft.$4 /sqft.
430 N Wilke Dr$175/sqft.$3 /sqft.

Nearby Schools

Situated in , Lake Louise Condominiums 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.

Lake Louise Elementary School

C-
Public|Grades PK–6
500 N Jonathan Dr|0.12 miles away

Greenbrier Elementary School

A+
Public|Grades PK–5
2330 N Verde Dr|0.36 miles away

St Thomas of Villanova School

--
Private|Grades PK–8
1141 E Anderson Dr|0.54 miles away

Jane Addams Elementary School

D
Public|Grades PK–6
1020 E Sayles Dr|0.71 miles away

Patton Elementary School

A
Public|Grades KG–5
1616 N Patton Ave|0.98 miles away

Winston Campus Elementary School

B+
Public|Grades PK–6
900 E Palatine Rd|0.99 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
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Description

Situated in , Lake Louise Condominiums 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.

Lake Louise Elementary School

C-
Public|Grades PK–6
500 N Jonathan Dr|Less than 1 Mile Away

Greenbrier Elementary School

A+
Public|Grades PK–5
2330 N Verde Dr|Less than 1 Mile Away

St Thomas of Villanova School

--
Private|Grades PK–8
1141 E Anderson Dr|Less than 1 Mile Away

Jane Addams Elementary School

D
Public|Grades PK–6
1020 E Sayles Dr|Less than 1 Mile Away

Patton Elementary School

A
Public|Grades KG–5
1616 N Patton Ave|Less than 1 Mile Away

Winston Campus Elementary School

B+
Public|Grades PK–6
900 E Palatine Rd|Less than 1 Mile Away

Winston Campus Jr High School

D+
Public|Grades 7–8
120 N Babcock Dr|Less than 1 Mile Away

Virginia Lake Elementary School

D
Public|Grades PK–6
925 N Glenn Dr|1.05 Miles Away

Edgar a Poe Elementary School

B-
Public|Grades KG–5
2800 N Highland Av...|1.14 Miles Away

Palatine High School

B
Public|Grades 9–12
1111 N Rohlwing Rd|1.23 Miles Away

Chicago Futabakai Japanese School

--
Private|Grades PK–9
2550 N Arlington H...|1.26 Miles Away

New Connection's Academy

--
Private|Grades 1–12
865 E Wilmette Rd ...|1.37 Miles Away

Bright Horizons

--
Private|Grades PK–KG
3523 N Kennicott A...|1.52 Miles Away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|1.73 Miles Away

Lincoln Elementary School

C-
Public|Grades KG–6
1021 N Ridgewood L...|1.74 Miles Away

Ivy Hill Elementary School

A
Public|Grades KG–5
2211 N Burke Dr|1.75 Miles Away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|1.80 Miles Away

Thomas Middle School

B
Public|Grades 6–8
1430 N Belmont Ave|1.82 Miles Away

Buffalo Grove High School

A-
Public|Grades 9–12
1100 W Dundee Rd|1.83 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.84 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.84 Miles Away

St Peter Lutheran School

--
Private|Grades PK–8
111 W Olive St|1.85 Miles Away

Olive-Mary Stitt School

B
Public|Grades KG–5
303 E Olive St|1.99 Miles Away

Transit

Lake Louise Condominiums enjoys proximity to 30+ public transit options throughout Palatine. Located within a 2-mile radius, these connections enable easy commuting and dependable travel. Residents benefit from reduced reliance on private vehicles. A well-served transit location supports sustainable urban living.

Arlington Park

1.69 miles away|33 min walk

Dundee/1130 W Dundee

1.47 miles away|29 min walk

Dundee/1141 Dundee

1.47 miles away|29 min walk

Dundee/Arlington Heights

1.73 miles away|34 min walk

Dundee/Baldwin

1.41 miles away|28 min walk

Dundee/Buffalo Grove High School Traffic Signal

1.84 miles away|36 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Lake Louise Condominiums enjoys proximity to 30+ public transit options throughout Palatine. Located within a 2-mile radius, these connections enable easy commuting and dependable travel. Residents benefit from reduced reliance on private vehicles. A well-served transit location supports sustainable urban living.

Arlington Park

1.69 miles away|33 min walk

Dundee/1130 W Dundee

1.47 miles away|29 min walk

Dundee/1141 Dundee

1.47 miles away|29 min walk

Dundee/Arlington Heights

1.73 miles away|34 min walk

Dundee/Baldwin

1.41 miles away|28 min walk

Dundee/Buffalo Grove High School Traffic Signal

1.84 miles away|36 min walk

Dundee/Frontage/Kennedy

1.36 miles away|27 min walk

Dundee/Grove

1.62 miles away|31 min walk

Dundee/Kennedy/Frontage

1.37 miles away|27 min walk

Dundee/Kennicott

1.44 miles away|28 min walk

Dundee/Old Arlington Heights

1.87 miles away|36 min walk

Dundee/Ridge

1.53 miles away|30 min walk

Dundee/Trace

1.58 miles away|31 min walk

Dundee/Wilke

1.38 miles away|27 min walk

Rand/1585 Rand

1.41 miles away|28 min walk

Rand/1586 N Rand

1.49 miles away|29 min walk

Rand/975 Dundee

1.54 miles away|30 min walk

Rand/Baldwin

1.04 miles away|20 min walk

Rand/Claremont/Long Valley

0.88 miles away|17 min walk

Rand/Evergreen

1 miles away|20 min walk

Rand/Frontage

0.75 miles away|15 min walk

Rand/Geneva

0.92 miles away|18 min walk

Rand/Long Valley

0.87 miles away|17 min walk

Rand/Port O Call (E)

0.95 miles away|19 min walk

Rand/Randville

1.19 miles away|23 min walk

Rand/Turtle Creek/Evergreen

1 miles away|20 min walk

Rand/Wilke

0.83 miles away|16 min walk

Rand/Williams

1.08 miles away|21 min walk

Rand/Williams/Baldwin

1.09 miles away|21 min walk

Rand/Winslowe

1.3 miles away|25 min walk

The Neighbourhood: Lake Louise Condominiums

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Lake Louise Condominiums Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 20.33% are children aged 0–14, 15.9% are young adults between 15–29, 23.78% are adults aged 30–44, 18.62% are in the 45–59 range and 21.37% are seniors aged 60 and above. Commuting options are also varying where 79.9% of residents relying on driving, while others prefer public transit around 3.82%, walking around 0.47%, biking around 1.42%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 65.28% of units owner occupied and 34.72% are rented. The neighborhood offers different household types. About 32.13% are single family homes and 5.83% are multi family units. Around 29.39% are single-person households, while 70.61% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 32.7% of residents have bachelor’s degrees. Around 14.79% have high school or college education. Another 7.55% hold diplomas while 20.85% have completed postgraduate studies. The remaining are 24.11% 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 20.33% are children aged 0–14, 15.9% are young adults between 15–29, 23.78% are adults aged 30–44, 18.62% are in the 45–59 range and 21.37% are seniors aged 60 and above. Commuting options are also varying where 79.9% of residents relying on driving, while others prefer public transit around 3.82%, walking around 0.47%, biking around 1.42%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 65.28% of units owner occupied and 34.72% are rented. The neighborhood offers different household types. About 32.13% are single family homes and 5.83% are multi family units. Around 29.39% are single-person households, while 70.61% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 32.7% of residents have bachelor’s degrees. Around 14.79% have high school or college education. Another 7.55% hold diplomas while 20.85% have completed postgraduate studies. The remaining are 24.11% with other types of qualifications.

Age Demographics

0–14 Years

20.33%

15–29 Years

15.9%

30–44 Years

23.78%

45–59 Years

18.62%

60+ Years

21.37%

Commute

3.82%

Transit

0.47%

Walk

79.9%

Drive

1.42%

Bike

Housing Ownership

65.28%

Owner Occupied

34.72%

Rental Units

Household Types

Single Family
32.13%
Multi Family
5.83%
Single Person
29.39%
Multi Person
70.61%

Average Income

Household:$10,316,414.14 /yr

Individual:$4,859,258.41 /yr

Education

Bachelors Degree32.7%
High School College14.79%
Diploma7.55%
Post Graduate20.85%
Others24.11%
Next

Education

Diploma7.55%
Post Graduate20.85%
Others24.11%
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  1. Home
  2. /Palatine, IL
  3. /
    Lake Louise Condominiums
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