Year Built
1974
# Stories
5
# Total Units
112Unit Size Range
1,550-1,650 sqft
Unit Demand
Low
Unit Availability
Low
Village On The Lake is located at 720 Wellington Avenue in Elk Grove Village. This mid-rise building has 5 stories and consists of 112 units. It was built in 1974, giving it a sturdy presence in the neighborhood. Many buyers appreciate the waterfront views that come with this property. The unit sizes range from 1,550 to 1,650 square feet. Prices for the units vary significantly, falling between $215,000 and $265,500. The average selling price is around $231,000, and this translates to about $205 per square foot. The market remains active with average days on market at 79 days. Residents enjoy various amenities, including an indoor pool, clubhouse, and tennis courts. There's also easy access to parks and bike trails for outdoor activities. The building comes with elevators and laundry facilities, enhancing day-to-day living for everyone. Living here comes with additional benefits like nearby places to shop and eat. Local points of interest include popular spots such as a grocery store and various dining options. The surrounding area is friendly which adds to the charm of the neighborhood. Access to major roads makes commuting smooth and straightforward. It’s also a plus for those who enjoy running errands or visiting local businesses. The combination of location and amenities makes Village On The Lake an appealing choice for different lifestyles. Comfort and leisure balance well within this community. The setting by the water encourages relaxation and outdoor fun. This building provides a cozy living space while keeping access to entertainment and recreation close at hand.
One of the highlights of living in Village On The Lake is its fantastic amenities. Picture this: you can take a refreshing dip in the indoor pool on a chilly day or hit the tennis courts for some active fun with friends. You’ll have access to a clubhouse that's perfect for hosting gatherings and a party room where you can celebrate life’s special moments. Plus, bike trails await outdoor enthusiasts, and the onsite laundry facilities keep things simple. And if you have a furry friend, you’ll be pleased to know that cats and dogs are welcome!
Speaking of pets, Village On The Lake has a friendly policy when it comes to your four-legged companions—cats and dogs are both allowed, so you won’t have to leave your pet behind! This pet-friendly approach makes it an inviting environment for animal lovers looking for their first home.
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| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| 516 | 1100 | 2 | 2 | 61 | 2025-06-03 MLS#: 12328286 | Closed | $243,000 | |
| 217 | 1200 | 2 | 2 | 126 | 2025-05-22 MLS#: 12270174 | Closed | $235,000 | |
| 405 | 1500 | 3 | 2 | 55 | 2022-06-21 MLS#: 11386380 | Closed | $265,500 |

2 Beds
2 Baths
1200 sqft
| Date | Status | Price |
|---|---|---|
| 2025-05-22 | Closed | $235,000 |

3 Beds
2 Baths
1500 sqft
| Date | Status | Price |
|---|---|---|
| 2022-06-21 | Closed | $265,500 |

2 Beds
2 Baths
1100 sqft
| Date | Status | Price |
|---|---|---|
| 2025-06-03 | Closed | $243,000 |
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| Village On The Lake | $205/sqft. | $3 /sqft. |
| 720 Wellington Ave | $206/sqft. | $3 /sqft. |
| Village On The Lake | $236/sqft. | $2 /sqft. |
| 840 Wellington Ave | $221/sqft. | $3 /sqft. |
| 700 Wellington Ave | $246/sqft. | $3 /sqft. |
| Village On The Lake | $239/sqft. | $3 /sqft. |
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142