Village on the Lake, completed in 1973, stands as a prominent residential complex in Elk Grove Village East. This five-story condominium building houses 444 units, offering a variety of living spaces from cozy one-bedrooms to spacious three-bedroom layouts. Situated near the serene waters of a private lake, the complex provides a tranquil suburban retreat while maintaining proximity to urban conveniences. The brick facade and functional design of Village on the Lake reflect the practical, community-oriented ethos of its era, creating a welcoming atmosphere for residents seeking an affordable yet comfortable lifestyle in this bustling Chicago suburb.
Diverse layouts catering to various needs
Village on the Lake offers a range of floor plans to suit different lifestyles and budgets. One-bedroom units span from 700 to 1,000 square feet, providing compact yet comfortable living spaces with one bathroom. These units are priced between $155,000 and $175,000, making them an attractive option for first-time homebuyers or those seeking a more manageable space.
Two-bedroom units offer more generous accommodations, ranging from 900 to 1,250 square feet. These homes feature two full bathrooms and are priced from $169,000 to $245,000. Many of these units have been updated over the years, with some boasting modern amenities such as stainless steel appliances, quartz countertops, and updated cabinetry.
For those requiring additional space, the three-bedroom units provide approximately 1,200 square feet of living area with two bathrooms. These larger units are priced around $260,000, offering an affordable option for families or those who need extra room for a home office.
Throughout the building, residents can find units with appealing features such as balconies offering views of the surrounding area, including the on-site pool and tennis courts. Some units boast corner locations, providing additional natural light and cross-ventilation. Many homes have undergone renovations, featuring updated kitchens with breakfast bars, new flooring, and refreshed bathrooms.
The monthly HOA fees, ranging from $300 to $500, cover an extensive list of amenities and services. This includes heat, air conditioning, water, gas, parking, insurance, security, and access to the clubhouse and pool. The association also takes care of exterior maintenance, lawn care, scavenger services, and snow removal, allowing residents to enjoy a low-maintenance lifestyle.
Recreational facilities fostering community spirit
Village on the Lake offers a variety of amenities that encourage an active and social lifestyle. The centerpiece of the community is the private lake, which not only provides scenic views but also allows for fishing, creating a unique recreational opportunity for residents. This feature sets Village on the Lake apart from many other suburban condominium complexes.
The outdoor swimming pool serves as a gathering spot during warmer months, perfect for relaxation and socializing with neighbors. Tennis enthusiasts can enjoy matches on the on-site courts, promoting an active lifestyle within the community. For those who prefer indoor activities, the clubhouse and party room offer spaces for community events and private gatherings.
Practical amenities include a bike room for secure bicycle storage, individual storage units for residents' extra belongings, and a laundry facility for added convenience. The building is equipped with elevators, ensuring accessibility for all residents regardless of mobility.
Security is a priority at Village on the Lake, with controlled access doors providing peace of mind for residents. The property manager on-site ensures smooth day-to-day operations and addresses residents' concerns promptly.
The well-maintained grounds feature walking paths that wind through the property, offering pleasant routes for evening strolls or morning jogs. These paths provide residents with opportunities for outdoor exercise and relaxation within the complex.
For families with young children, the nearby parks offer safe and convenient spaces for outdoor play. The waterfront setting adds to the overall appeal, creating a serene backdrop for daily life at Village on the Lake.
Suburban charm with urban conveniences
Village on the Lake is situated in the heart of Elk Grove Village East, a neighborhood that blends suburban tranquility with easy access to urban amenities. This area, first incorporated in 1956, has evolved into a friendly, community-driven locale where many families have established roots for generations.
The neighborhood boasts an abundance of green spaces, with Busse Woods being a crown jewel. This 3,700-acre forest preserve offers extensive trails for hiking, biking, and cross-country skiing, as well as fishing and boating opportunities on its lakes. Closer to home, residents can enjoy several local parks, including Roosevelt Park and Jaycee Park, both within walking distance and featuring various sports facilities and playgrounds.
For daily necessities, a Jewel-Osco grocery store is conveniently located about a 10-minute walk from the complex. The area provides various shopping options to meet residents' needs. Dining choices in the vicinity cater to various tastes, from fast-food chains like McDonald's and Chipotle to local favorites such as Rose Garden Café, known for its daily specials of strip steak and parmesan-crusted whitefish.
The Elk Grove Village Public Library, just a 10-minute walk from Village on the Lake, serves as a community hub offering resources and programs for all ages. For fitness enthusiasts, the Jack A. Claes Pavilion, operated by the Elk Grove Park District, is within a 5-minute walk and provides various recreational facilities.
Families with school-age children will find several educational options nearby. Salt Creek Elementary School is within walking distance, while Grove Jr. High School and Elk Grove High School are both a short 5-minute drive away. Elk Grove High School, in particular, has gained recognition for its academic achievements and dedicated staff.
The neighborhood comes alive during the summer with events like the Mid-Summer Classics Concert Series, featuring performances by well-known acts in an outdoor setting. This annual tradition exemplifies the community spirit that permeates Elk Grove Village East, making it an inviting place to call home.
Strategic location with diverse transit options
Village on the Lake's location in Elk Grove Village East offers residents a balance of accessibility and suburban living. While the area is somewhat walkable for daily errands, many residents find having a car convenient for broader exploration and commuting.
For those relying on public transportation, the nearest bus stop is located at Lively Blvd & Estes Ave, about a 5-minute drive from the complex. This stop is serviced by the Elk Grove - Rosemont CTA Station line, providing a connection to the broader Chicago transit network.
Commuters working in the city or seeking rail options can utilize the Itasca Station, approximately a 5-minute drive from Village on the Lake. This Metra station, on the Milwaukee District West Line, offers regular service to downtown Chicago, making it a viable option for those who work in the city but prefer a suburban home base.
The proximity to major highways is a significant advantage for residents who drive. Interstate 290 is easily accessible, facilitating trips to downtown Chicago, which is about 26 miles away. This strategic location allows for relatively quick commutes to various parts of the Chicago metropolitan area.
For air travel, Village on the Lake enjoys a particularly convenient position. Chicago O'Hare International Airport is just a 20-minute drive away, making it easy for residents to catch flights for business or leisure. For those times when Midway is a better option, that airport can be reached in about 40 minutes by car.
Cycling enthusiasts will find the area somewhat bikeable, with some infrastructure in place. The nearby Busse Woods offers extensive biking trails for recreation, though commuting by bicycle may be less practical for longer distances.
Within the Village on the Lake complex, ample parking is available for residents and guests, ensuring that car owners have convenient access to their vehicles. This combination of on-site parking and proximity to various transportation options provides residents with flexibility in their daily commutes and travel plans, enhancing the overall livability of this suburban community.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
3/ 10
Somewhat Bikeable
Bike Score®
46/ 100
Somewhat Walkable
Walk Score®
61/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Marshall Park
5 min walk
Basketball
Football
Soccer
Roosevelt Park
13 min walk
Baseball/Softball
Football
Soccer
Jaycee Park
2 min drive
Bike Trails
Tennis
Trails
Morton Park
3 min drive
Bike Trails
Picnic Area
Soccer
Burbank Park
3 min drive
Baseball/Softball
Soccer
Playground
Olmsted Park
3 min drive
Ice Skating Rink
Multi-Purpose Field
Woodland Meadows
3 min drive
Football
Soccer
Parking Lot
Debra Park
4 min drive
Soccer
Playground
Lions Park
4 min drive
Baseball/Softball
Football
Picnic Area
Schools
Source:
GreatSchools:
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Disclaimer: Please note that this building may not be in these schools' attendance zones.
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