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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

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

YEAR BUILT

1972

# STORIES

5

# TOTAL UNITS

143

UNIT SIZE RANGE

1,200-1,300 sqft

Description

Village On The Lake is located at 850 Wellington Avenue in Elk Grove Village. This mid-rise building stands five stories tall with a total of 143 units. It was built in 1972, providing a solid foundation and established charm. The units vary in size from 1,200 to 1,300 square feet. They offer options for one, two, or three bedrooms. Prices range from $245,000 to $259,000, with an average price of about $178,800 based on recent sales. This breaks down to an average of $230 per square foot. On average, homes in this building stay on the market for about 50 days. This period gives potential buyers a chance to look around the neighborhood. There are many nearby businesses, like the Elk Grove Village Library and several parks. They enhance the community feel of this area. For residents, the building provides several amenities like a clubhouse, in-ground pool, and tennis courts. These features support an active lifestyle. There’s also an elevator for easy access to all floors. A boat dock and bike trails add more options for outdoor activities. The proximity to local parks and recreational areas is a plus for nature lovers. Daily errands become simple with nearby shops and services. Overall, this building offers a lively and welcoming atmosphere. Living here means enjoying a blend of comfort and accessibility.

Building ImageMLS ID #12262936
Building ImageMLS ID #12269129
Building Image
Building ImageView Listing

Village On The Lake

850 Wellington Avenue, Elk Grove Village, IL, 60007

|Village on the Lake

YEAR BUILT

1972

# STORIES

5

# TOTAL UNITS

143

UNIT SIZE RANGE

1,200-1,300 sqft

Description

Village On The Lake is located at 850 Wellington Avenue in Elk Grove Village. This mid-rise building stands five stories tall with a total of 143 units. It was built in 1972, providing a solid foundation and established charm. The units vary in size from 1,200 to 1,300 square feet. They offer options for one, two, or three bedrooms. Prices range from $245,000 to $259,000, with an average price of about $178,800 based on recent sales. This breaks down to an average of $230 per square foot. On average, homes in this building stay on the market for about 50 days. This period gives potential buyers a chance to look around the neighborhood. There are many nearby businesses, like the Elk Grove Village Library and several parks. They enhance the community feel of this area. For residents, the building provides several amenities like a clubhouse, in-ground pool, and tennis courts. These features support an active lifestyle. There’s also an elevator for easy access to all floors. A boat dock and bike trails add more options for outdoor activities. The proximity to local parks and recreational areas is a plus for nature lovers. Daily errands become simple with nearby shops and services. Overall, this building offers a lively and welcoming atmosphere. Living here means enjoying a blend of comfort and accessibility.

Next

Description

Village On The Lake is located at 850 Wellington Avenue in Elk Grove Village. This mid-rise building stands five stories tall with a total of 143 units. It was built in 1972, providing a solid foundation and established charm. The units vary in size from 1,200 to 1,300 square feet. They offer options for one, two, or three bedrooms. Prices range from $245,000 to $259,000, with an average price of about $178,800 based on recent sales. This breaks down to an average of $230 per square foot. On average, homes in this building stay on the market for about 50 days. This period gives potential buyers a chance to look around the neighborhood. There are many nearby businesses, like the Elk Grove Village Library and several parks. They enhance the community feel of this area. For residents, the building provides several amenities like a clubhouse, in-ground pool, and tennis courts. These features support an active lifestyle. There’s also an elevator for easy access to all floors. A boat dock and bike trails add more options for outdoor activities. The proximity to local parks and recreational areas is a plus for nature lovers. Daily errands become simple with nearby shops and services. Overall, this building offers a lively and welcoming atmosphere. Living here means enjoying a blend of comfort and accessibility.

Village On The Lake Market Stats Last 12 months

Avg. Listed Price$180,380($232/Sqft.)
Avg. Sale Price$178,800($230/Sqft.)
Year over year list priceDown Arrow13.28%
Year over year sale priceDown Arrow 10.04%
Total Listings5 Listed
Total sold5 Sold
Average Days on Market50 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list priceDown Arrow13.28%
Year over year sale priceDown Arrow10.04%
Total Listings5 Listed
Total sold5 Sold
Average Days on Market50 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 506506120032532024-10-18
MLS#: 12147310 		Closed$259,000
Unit 206206-22662024-08-16
MLS#: 12078467 		Closed$245,000
Unit 507507-22802023-10-16
MLS#: 11844544 		Closed$215,000
Unit 206
206

2 Beds

2 Baths

0 sqft

DateStatusPrice
2024-08-16Closed$245,000
MLS#: 12078467
Days On Market66
Unit 506
506

3 Beds

2 Baths

1200 sqft

DateStatusPrice
2024-10-18Closed$259,000
MLS#: 12147310
Days On Market53
Unit 507
507

2 Beds

2 Baths

0 sqft

DateStatusPrice
2023-10-16Closed$215,000
MLS#: 11844544
Days On Market80
View Complete Unit Listing HistorySource By: MRED

Amenities

Amenities here shine bright like the sun! You'll find a delightful pool, perfect for those summer days relaxing after a long week. Love the outdoors? There’s a tennis court for sport enthusiasts and a sundeck where you can soak up the sun with a good book or a refreshing drink. This place also has a clubhouse and party room, ideal for hosting get-togethers with friends and family. For those who enjoy cycling, the bike room and nearby trails cater to your adventurous side. Plus, the building is equipped with elevators and an intercom system for added convenience.

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Amenities Description

Amenities here shine bright like the sun! You'll find a delightful pool, perfect for those summer days relaxing after a long week. Love the outdoors? There’s a tennis court for sport enthusiasts and a sundeck where you can soak up the sun with a good book or a refreshing drink. This place also has a clubhouse and party room, ideal for hosting get-togethers with friends and family. For those who enjoy cycling, the bike room and nearby trails cater to your adventurous side. Plus, the building is equipped with elevators and an intercom system for added convenience.

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

Security

Security Door Lock(s)

Security Door Lock(s)

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

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Good news for animal lovers: Village On The Lake welcomes cats and dogs (although restrictions may apply), so you can bring your furry friends along in your new home. Who wouldn't want to come home to wagging tails and purring companions?

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

Nearby Schools

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

Adm Richard E Byrd Elementary School

C+
Public|Grades KG–5
265 Wellington Ave|0.77 miles away

Salt Creek Elementary School

C
Public|Grades KG–5
65 Jf Kennedy Blvd|0.8 miles away

Elk Grove High School

A-
Public|Grades 9–12
500 W Elk Grove Bl...|1.08 miles away

Queen of the Rosary School

--
Private|Grades PK–8
690 W Elk Grove Bl...|1.2 miles away

Grove Jr High School

C-
Public|Grades 6–8
777 W Elk Grove Bl...|1.42 miles away

Ridge Family Center for Learning

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

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...|1.08 Miles Away

Queen of the Rosary School

--
Private|Grades PK–8
690 W Elk Grove Bl...|1.20 Miles Away

Grove Jr High School

C-
Public|Grades 6–8
777 W Elk Grove Bl...|1.42 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|1.58 Miles Away

Adolph Link Elementary School

A
Public|Grades KG–6
900 W Glenn Trl|1.96 Miles Away

One School Global Chicago Campus

--
Private|Grades 3–12
404 E Devon Ave|1.98 Miles Away

Adlai Stevenson Elementary School

B+
Public|Grades KG–6
1414 Armstrong Ln|2.09 Miles Away

Rupley Elementary School

D+
Public|Grades KG–5
305 Oakton St|2.35 Miles Away

Elmer H Franzen Intermediate School

A-
Public|Grades 3–5
730 Catalpa Ave|2.53 Miles Away

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

--
Public|Grades –
301 E North St|2.67 Miles Away

F E Peacock Middle School

B+
Public|Grades 6–8
301 E North St|2.67 Miles Away

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

--
Public|Grades –
301 E North St|2.67 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

19.29%

15–29 Years

14.37%

30–44 Years

22.76%

45–59 Years

19.31%

60+ Years

24.28%

Commute

4.33%

Transit

0.49%

Walk

81.76%

Drive

0.87%

Bike

Housing Ownership

61.89%

Owner Occupied

38.11%

Rental Units

Household Types

Single Family
30.8%
Multi Family
7.01%
Single Person
33.85%
Multi Person
66.15%

Average Income

Household:$8,410,873.63 /yr

Individual:$3,965,466.1 /yr

Education

Bachelors Degree28.17%
High School College23.88%
Diploma10.39%
Post Graduate13.14%
Others24.41%
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Education

Diploma10.39%
Post Graduate13.14%
Others24.41%
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  1. Home
  2. /Elk Grove Village, IL
  3. /
    Village On The Lake
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