Rarely available corner-unit condo in sought-after Village on the Lake! This move-in ready, well maintained 2-bedroom, 2-bath home offers a spacious and functional layout with features seldom found in the community. Enjoy the bright breakfast room with its own private balcony, plus a second balcony off the living room-providing two separate outdoor spaces to relax and unwind. A highly desirable garage parking space adds exceptional convenience and value, making this one of the most sought-after floor plans in the neighborhood. Village on the Lake offers a true resort-style lifestyle with amenities that include a swimming pool, scenic walking paths, and a private lake where residents can fish and enjoy the outdoors. Ideally located near shopping, restaurants, the park district, and everyday conveniences, this owner-occupied community is known for its peaceful setting and strong sense of pride of ownership. Opportunities like this don’t come along often-especially a corner unit with a garage space and double balconies. Don’t miss your chance to enjoy maintenance-free living in one of the area’s most desirable communities!
Property Details
Price:
$229,000
MLS #:
MRD12658858
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subdivision:
Village on the Lake
Neighborhood:
elkgrovevillage
Listed Date:
Jun 5, 2026
Finished Sq Ft:
1,250
Year Built:
1972
See this Listing
Schools
School District:
214
Elementary School:
Salt Creek Elementary School
Middle School:
Grove Junior High School
High School:
Elk Grove High School
Interior
Appliances
Range, Microwave, Dishwasher, Refrigerator, Disposal
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Heating
Natural Gas
Exterior
Association Amenities
Bike Room/Bike Trails, Elevator in Residence, Storage, Pool, Laundry, Elevator(s), Intercom
Common Walls
End Unit
Construction Materials
Brick
Exterior Features
Balcony
Garage Spaces
1
Parking Features
Yes, Detached, Garage
Parking Spots
1
Parking Total
1
Financial
HOA Fee
$560
HOA Fee Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Pool, Exterior Maintenance, Scavenger, Snow Removal, Lake Rights
Tax Year
2023
Taxes
$2,526
Map
Community
- Address720 Wellington Avenue #509 Elk Grove Village IL
- SubdivisionVillage on the Lake
- CityElk Grove Village
- CountyCook
- Zip Code60007
Market Summary
Current real estate data for Condo in Elk Grove Village as of Jun 13, 2026
26
Condo Listed
25
Avg DOM
250
Avg $ / SqFt
$306,146
Avg List Price
Property Summary
- Located in the Village on the Lake subdivision, 720 Wellington Avenue #509 Elk Grove Village IL is a Condo for sale in Elk Grove Village, IL, 60007. It is listed for $229,000 and features 2 beds, 2 baths, and has approximately 1,250 square feet of living space, and was originally constructed in 1972. The current price per square foot is $183. The average price per square foot for Condo listings in Elk Grove Village is $250. The average listing price for Condo in Elk Grove Village is $306,146.
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Copyright 2026. All rights reserved.
720 Wellington Avenue #509
Elk Grove Village, IL


