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  1. Home
  2. /Elk Grove Village, IL
  3. /
    Village On The Lake

Village On The Lake

720 Wellington Avenue, Elk Grove Village, IL, 60007

Village on the LakeCommunity
0 Units for Sale

Front view of a multi-story residential building with balconies.View Listing
MLS ID #12328286
Front view of a multi-story residential building with balconies.View ListingMLS ID #12328286
Front view of a multi-story brick building with balconies.View ListingMLS ID #12270174
Panoramic view from a balcony overlooking residential buildings and surrounding area.View ListingMLS ID #12328286
Aerial view of a landscaped area with a pond, trees, and a residential building in the distance.View ListingMLS ID #12314639
YearBuilt

Year Built

1974

Stories

# Stories

5

#TotalUnits

# Total Units

112
UnitSizeRange

Unit Size Range

1,550-1,650 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Village On The Lake

Village On The Lake stands as a five-story residential building located at 720 Wellington Avenue in Elk Grove Village, offering scenic waterfront views. Constructed in 1974, this mid-rise building boasts a variety of unit layouts, including studio, 1-bedroom, and 2-bedroom options, designed for both comfort and functionality. The building showcases durable construction materials, ensuring longevity and a timeless appeal. Residents benefit from a host of amenities such as a fully equipped fitness center, an outdoor swimming pool, and a community clubhouse that fosters a sense of camaraderie among neighbors. Ample parking is available for both residents and guests, enhancing convenience. The lush landscapes surrounding the property create a serene and inviting environment. Positioned in a peaceful setting with easy access to major transportation routes, Village On The Lake offers tranquillity without sacrificing connectivity. The nearby area features well-maintained parks, local shops, and a variety of dining options, enriching the living experience with recreational and lifestyle conveniences. Overall, Village On The Lake provides a harmonious blend of practical living spaces and desirable amenities, all set against the backdrop of beautiful waterfront vistas.

Front view of a multi-story residential building with balconies.View Listing
MLS ID #12328286
Front view of a multi-story residential building with balconies.View ListingMLS ID #12328286
Front view of a multi-story brick building with balconies.View ListingMLS ID #12270174
Panoramic view from a balcony overlooking residential buildings and surrounding area.View ListingMLS ID #12328286
Aerial view of a landscaped area with a pond, trees, and a residential building in the distance.View ListingMLS ID #12314639

Amenities

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!

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

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.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

Loading...

Village On The Lake Market Report (last 12 months)

Avg. List Price
$234,633 ($208/Sqft.)
Year-Over-Year List Price
Up Arrow 20.80%
Total Listings
Listings3
Avg. Days On Market
Calendar75
Avg. Sale Price
$217,434 ($204/Sqft.)
Year-Over-Year Sale Price
Up Arrow 11.65%
Total Sold
Sold3
Avg. HOA Fees/Sqft
$3 /monthly

Village On The Lake Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 516516110022612025-06-03
MLS#: 12328286
Closed$243,000
Unit 2172171200221262025-05-22
MLS#: 12270174
Closed$235,000
Unit 405405150032552022-06-21
MLS#: 11386380
Closed$265,500
Unit 217
217

2 Beds

2 Baths

1200 sqft

Days On Market126

DateStatusPrice
2025-05-22Closed$235,000
MLS#: 12270174
Unit 405
405

3 Beds

2 Baths

1500 sqft

Days On Market55

DateStatusPrice
2022-06-21Closed$265,500
MLS#: 11386380
Unit 516
516

2 Beds

2 Baths

1100 sqft

Days On Market61

DateStatusPrice
2025-06-03Closed$243,000
MLS#: 12328286
View Complete Unit Listing HistorySource By: MRED

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$204/sqft.$3 /sqft.
720 Wellington Ave$204/sqft.$3 /sqft.
Village On The Lake$236/sqft.$2 /sqft.
840 Wellington Ave$236/sqft.$2 /sqft.
700 Wellington Ave$239/sqft.$3 /sqft.
Village On The Lake$239/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|0.85 miles away

Adm Richard E Byrd Elementary School

C+
Public|Grades KG–5
265 Wellington Ave|0.92 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...|1.19 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|1.49 miles away
Schoolsarrow right
View nearby schools
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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|Less than 1 Mile 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...|1.19 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|1.49 Miles Away

Clearmont Elementary School

B-
Public|Grades KG–5
280 Clearmont Dr|1.64 Miles Away

Adolph Link Elementary School

A
Public|Grades KG–6
900 W Glenn Trl|1.95 Miles Away

One School Global Chicago Campus

--
Private|Grades 3–12
404 E Devon Ave|2.08 Miles Away

Adlai Stevenson Elementary School

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

Rupley Elementary School

D+
Public|Grades KG–5
305 Oakton St|2.26 Miles Away

Elmer H Franzen Intermediate School

A-
Public|Grades 3–5
730 Catalpa Ave|2.67 Miles Away

Transit

No Transit Data Available

Transit

No Transit Data Available

The Neighborhood:

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  1. Home
  2. /Elk Grove Village, IL
  3. /
    Village On The Lake
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