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Listing provided courtesy of eXp RealtyMREDas Distributed by MLSGrid- MLS# 12658858MLS Provider

720 Wellington Avenue #509Elk Grove Village, IL 60007

Condo/Townhouse · 2 Beds · 2 Full Baths · 1,250 Sq. ft.
$219,000 Price Change

720 Wellington Avenue #509 Overview

Time on Site:
25 days
Visits:
0

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!

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720 Wellington Avenue #509 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,250
  • Price/Sq.ft. $175

Details

General

Association/HOA

  • Association Amenities: Bike Room/Bike Trails, Elevator in Residence, Storage, Pool, Laundry, Elevator(s), Intercom
  • Association Fee: $560.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Security, Pool, Exterior Maintenance, Scavenger, Snow Removal, Lake Rights

School Information

  • School District: 214
  • Elementary School: Salt Creek Elementary School
  • Middle Or Junior School: Grove Junior High School
  • High School: Elk Grove High School

Building Information

  • New Construction: No
  • Year Built: 1972

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Elk Grove Village
  • Subdivision Name: Village on the Lake
  • Township: Elk Grove

Tax Information

  • Tax Annual Amount: $2,526.00
  • Tax Year: 2023

General Information

  • Ownership: Condo
  • Parcel Number: 08321010181084
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

General Information

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Cooling: Central Air
  • Heating: Natural Gas
  • Living Area: 1250
  • Living Area Source: Estimated
  • Other Equipment: Ceiling Fan(s)
  • Rooms Total: 6
  • Stories Total: 5

Unit Information

  • Unit Number: 509

Exterior

Parking Information

  • Parking Features: Yes, Detached, Garage
  • Parking Total: 1

Lot Information

  • Lot Size Dimensions: common
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Exterior Features: Balcony
  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 11X12

Room: Breakfast Room

  • Level: Main
  • Dimensions: 8X11

Room: Dining Room

  • Level: Main
  • Dimensions: 9X10

Room: Foyer

  • Level: Main
  • Dimensions: 8X9

Room: Kitchen

  • Level: Main
  • Dimensions: 8X10

Room: Living Room

  • Level: Main
  • Dimensions: 15X20

Room: Master Bedroom

  • Level: Main
  • Dimensions: 13X23

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

720 Wellington Avenue #509 Neighborhood

Community

60007 (Elk Grove Village) Demographics

44
Median Age
2,271
Population Density (per sq. mile)
48%
College Educated
$85,345
Estimated Median Income
9,609
Estimated Total Home Owners
3,375
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

720 Wellington Avenue #509 Monthly Cost

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$ %
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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

720 Wellington Avenue #509 Market Data

Based on the last 30 days in this zip code

$435,167
Average List Price
$238
Average Price per Square Foot
30
Properties Sold
29
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

720 Wellington Avenue #509 History

Date Event Value Agent
6/26/2026Source: MRED Price Reduction
$219,000 -4.4%
6/26/2026Source: MRED Status Change
Price Change
6/10/2026Source: MRED Status Change
Active
6/5/2026Source: MRED Added to Database
June 05, 2026