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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

700 Wellington Avenue, Elk Grove Village, IL, 60007 |Village on the Lake

YEAR BUILT

1976

# STORIES

5

# TOTAL UNITS

60

UNIT SIZE RANGE

1,450-1,550 sqft

Description

Village On The Lake sits at 700 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and includes a total of 60 units. It was built in 1976, showing its character with a solid structure. The units here offer a good range of space between 1,450 and 1,550 square feet. Prices for these units vary from $254,900 to $270,000. The average price per square foot is around $239, which makes living in this area reasonable for many buyers. Buyers can find one, two, and three-bedroom options in this building. This variety attracts different lifestyles and family sizes. The average days on the market is 82, giving potential buyers a good timeframe to think about their choices. Amenities are plenty in this building. There’s a pool, clubhouse, and even tennis courts available. The building also has an elevator for easy access to different floors. Nearby trails and parks make it easy for outdoor activities. The area is close to local businesses like Aljoud Market LLC and La Playita. Nearby schools offer educational opportunities, making it a family-friendly environment. Parking is also a plus, providing convenience for residents and guests. Living here means enjoying a vibrant community that's close to everything needed. The layout of the building allows for comfortable living, and views of the water enhance the experience. Access to nearby roads makes commuting or exploring the area straightforward.

Building ImageMLS ID #12196751
Building ImageMLS ID #12151143
Building Image
Building ImageView Listing

Village On The Lake

700 Wellington Avenue, Elk Grove Village, IL, 60007

|Village on the Lake

YEAR BUILT

1976

# STORIES

5

# TOTAL UNITS

60

UNIT SIZE RANGE

1,450-1,550 sqft

Description

Village On The Lake sits at 700 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and includes a total of 60 units. It was built in 1976, showing its character with a solid structure. The units here offer a good range of space between 1,450 and 1,550 square feet. Prices for these units vary from $254,900 to $270,000. The average price per square foot is around $239, which makes living in this area reasonable for many buyers. Buyers can find one, two, and three-bedroom options in this building. This variety attracts different lifestyles and family sizes. The average days on the market is 82, giving potential buyers a good timeframe to think about their choices. Amenities are plenty in this building. There’s a pool, clubhouse, and even tennis courts available. The building also has an elevator for easy access to different floors. Nearby trails and parks make it easy for outdoor activities. The area is close to local businesses like Aljoud Market LLC and La Playita. Nearby schools offer educational opportunities, making it a family-friendly environment. Parking is also a plus, providing convenience for residents and guests. Living here means enjoying a vibrant community that's close to everything needed. The layout of the building allows for comfortable living, and views of the water enhance the experience. Access to nearby roads makes commuting or exploring the area straightforward.

Next

Description

Village On The Lake sits at 700 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and includes a total of 60 units. It was built in 1976, showing its character with a solid structure. The units here offer a good range of space between 1,450 and 1,550 square feet. Prices for these units vary from $254,900 to $270,000. The average price per square foot is around $239, which makes living in this area reasonable for many buyers. Buyers can find one, two, and three-bedroom options in this building. This variety attracts different lifestyles and family sizes. The average days on the market is 82, giving potential buyers a good timeframe to think about their choices. Amenities are plenty in this building. There’s a pool, clubhouse, and even tennis courts available. The building also has an elevator for easy access to different floors. Nearby trails and parks make it easy for outdoor activities. The area is close to local businesses like Aljoud Market LLC and La Playita. Nearby schools offer educational opportunities, making it a family-friendly environment. Parking is also a plus, providing convenience for residents and guests. Living here means enjoying a vibrant community that's close to everything needed. The layout of the building allows for comfortable living, and views of the water enhance the experience. Access to nearby roads makes commuting or exploring the area straightforward.

Village On The Lake Market Stats Last 12 months

Avg. Listed Price$267,900($244/Sqft.)
Avg. Sale Price$237,634($239/Sqft.)
Year over year list priceUp Arrow25.26%
Year over year sale priceUp Arrow 13.09%
Total Listings1 Listed
Total sold3 Sold
Average Days on Market82 days
Average HOA fees per sqft$3 /monthly
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Market Stats

Year over year list priceUp Arrow25.26%
Year over year sale priceUp Arrow13.09%
Total Listings1 Listed
Total sold3 Sold
Average Days on Market82 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

Village On The Lake Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 315315110022712025-08-08
MLS#: 12378571 		Closed$270,000
Unit 407407110022892024-11-26
MLS#: 12151143 		Closed$254,900
Unit 117117110022532024-04-30
MLS#: 11990122 		Closed$247,000
Unit 117
117

2 Beds

2 Baths

1100 sqft

DateStatusPrice
2024-04-30Closed$247,000
MLS#: 11990122
Days On Market53
Unit 315
315

2 Beds

2 Baths

1100 sqft

DateStatusPrice
2025-08-08Closed$270,000
MLS#: 12378571
Days On Market71
Unit 407
407

2 Beds

2 Baths

1100 sqft

DateStatusPrice
2024-11-26Closed$254,900
MLS#: 12151143
Days On Market89
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the standout features of Village On The Lake is its range of amenities designed to enrich your lifestyle. Picture yourself enjoying sunny afternoons at the in-ground pool or hosting friends at the clubhouse. If you’re an active individual, you’ll love the tennis courts and bike trails, perfect for evening strolls or weekend adventures. For added convenience, the building is equipped with elevators and intercoms, ensuring easy access and communication. Security lighting also offers peace of mind, making you feel secure in your new home.

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Amenities Description

One of the standout features of Village On The Lake is its range of amenities designed to enrich your lifestyle. Picture yourself enjoying sunny afternoons at the in-ground pool or hosting friends at the clubhouse. If you’re an active individual, you’ll love the tennis courts and bike trails, perfect for evening strolls or weekend adventures. For added convenience, the building is equipped with elevators and intercoms, ensuring easy access and communication. Security lighting also offers peace of mind, making you feel secure in your new home.

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

Water View

Water View

Elevator(s)

Elevator(s)

Pool

Pool

In Ground Pool

In Ground 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)

Patio

Patio

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

For pet lovers, you’ll be thrilled to know that while dogs aren’t allowed, cats are welcome at Village On The Lake! This means you can bring your feline friend along to share in your new adventures. The building also has a number limit on residents, contributing to a peaceful living environment that doesn’t compromise on community feel.

Next

Amenities Description

For pet lovers, you’ll be thrilled to know that while dogs aren’t allowed, cats are welcome at Village On The Lake! This means you can bring your feline friend along to share in your new adventures. The building also has a number limit on residents, contributing to a peaceful living environment that doesn’t compromise on community feel.

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$239/sqft.$3 /sqft.
700 Wellington Ave$246/sqft.$3 /sqft.
720 Wellington Ave$206/sqft.$3 /sqft.
Village On The Lake$205/sqft.$3 /sqft.
Village On The Lake$236/sqft.$2 /sqft.
840 Wellington Ave$221/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Village On The Lake.

Salt Creek Elementary School

C
Public|Grades KG–5
65 Jf Kennedy Blvd|0.92 miles away

Adm Richard E Byrd Elementary School

C+
Public|Grades KG–5
265 Wellington Ave|1.01 miles away

Elk Grove High School

A-
Public|Grades 9–12
500 W Elk Grove Bl...|1.03 miles away

Queen of the Rosary School

--
Private|Grades PK–8
690 W Elk Grove Bl...|1.22 miles away

Grove Jr High School

C-
Public|Grades 6–8
777 W Elk Grove Bl...|1.45 miles away

Ridge Family Center for Learning

B
Public|Grades PK–5
650 Ridge Ave|1.51 miles away
Next

Schools

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|1.01 Miles Away

Elk Grove High School

A-
Public|Grades 9–12
500 W Elk Grove Bl...|1.03 Miles Away

Queen of the Rosary School

--
Private|Grades PK–8
690 W Elk Grove Bl...|1.22 Miles Away

Grove Jr High School

C-
Public|Grades 6–8
777 W Elk Grove Bl...|1.45 Miles Away

Ridge Family Center for Learning

B
Public|Grades PK–5
650 Ridge Ave|1.51 Miles Away

Clearmont Elementary School

B-
Public|Grades KG–5
280 Clearmont Dr|1.70 Miles Away

Adolph Link Elementary School

A
Public|Grades KG–6
900 W Glenn Trl|1.91 Miles Away

Adlai Stevenson Elementary School

B+
Public|Grades KG–6
1414 Armstrong Ln|2.13 Miles Away

One School Global Chicago Campus

--
Private|Grades 3–12
404 E Devon Ave|2.16 Miles Away

Rupley Elementary School

D+
Public|Grades KG–5
305 Oakton St|2.24 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

14.49%

30–44 Years

22.21%

45–59 Years

19.24%

60+ Years

24.76%

Commute

4.33%

Transit

0.57%

Walk

82.08%

Drive

0.84%

Bike

Housing Ownership

63.37%

Owner Occupied

36.63%

Rental Units

Household Types

Single Family
30.73%
Multi Family
7.18%
Single Person
34.29%
Multi Person
65.71%

Average Income

Household:$8,335,351.67 /yr

Individual:$3,948,527.16 /yr

Education

Bachelors Degree28.11%
High School College24.13%
Diploma10.62%
Post Graduate12.88%
Others24.26%
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Education

Diploma10.62%
Post Graduate12.88%
Others24.26%
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  2. /Elk Grove Village, IL
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    Village On The Lake
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