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  • $225,900

    700 Wellington Ave Unit 518, Elk Grove Village, IL 60007

    2beds
    1,200sqft
    Condominium, Single Family Residence
    Built in 1972
    -- sqft lot
    $247,600 Zestimate®
    $188/sqft
    $1,891 Estimated rent

    Home value

    $247,600

    $235,000 - $260,000

    $1,891/mo

    Zestimate® history
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    What's special

    Beautiful serene views from 2 balconies in this penthouse unit! Separate eating area has a large pantry and it's own balcony and would make an awesome office space! Fully updated in 2019: Kitchen with stainless appliances. Quartz counters and window sills; baths; new flooring throughout; carpeting & blinds. Unit shows very well and is decorated in neutral tones. PLEASE NOTE: This building offers a unique lifestyle with private lakes for boating (no motors, please), outdoor pool, tennis courts, bike trails (& bike room), social gathering room & storage on the same floor as the unit. Laundry rooms on the 2nd and 4th floors. The only utility you have to pay is electric! Everything else is included in the HOA fees: gas, central air, heat, cable TV/Internet, water and scavenger. Wonderful location is across from Alexian Bros hospital, down the street from I355 to the west, shopping, library, water park and Village Hall to the east. Very spacious in sought after Village on the Lake!

    Zillow last checked:

    Listing updated:

    Listed by:

    Janet Baier 630-825-2700,

    RE/MAX Liberty

    Bought with:

    Samuel Perez

    Fathom Realty IL LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12088195MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Breakfast Room
    Primary bedroom
    • Features: Flooring (Carpet), Bathroom (Full)
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14X12
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12X11
    Breakfast room
    • Features: Flooring (Porcelain Tile)
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Dining room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 12X9
    Kitchen
    • Features: Kitchen (Galley), Flooring (Porcelain Tile)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Living room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 20X15
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
    • Laundry: Multiple Locations
    Features
    • Elevator, Storage, Granite Counters, Lobby
    • Windows: Screens
    • Basement: None
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Unassigned, Off Street, Guest, Circular Driveway, On Site
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Exterior features: Balcony
    • Pool features: In Ground
    • On waterfront: Yes
    Details
    • Parcel number: 08321010191093
    • Special conditions: None
    • Other equipment: TV-Cable, Ceiling Fan(s)

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1972
    • Major remodel year: 2019
    Details
    • Builder model: LARGER CORNER UNIT

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: Village On The Lake
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, Party Room, Pool, Security Door Lock(s), Ceiling Fan, Clubhouse, Laundry, School Bus
    • Services included: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Cable TV, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights, Internet
    • HOA fee: $584 monthly
    Location
    • Region: Elk Grove Village

    Financial & listing details

    • Price per square foot: $188/sqft
    • Tax assessed value: $160,530
    • Annual tax amount: $3,086
    • Date on market: 6/21/2024
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    8/29/2024Sold$225,900-1.6%$188/sqft
    Source: MRED as distributed by MLS GRID #12088195 Report a problem
    7/26/2024Contingent$229,500$191/sqft
    Source: MRED as distributed by MLS GRID #12088195 Report a problem
    7/22/2024Price change$229,500-2.3%$191/sqft
    Source: MRED as distributed by MLS GRID #12088195 Report a problem
    6/21/2024Listed for sale$235,000+106.1%$196/sqft
    Source: MRED as distributed by MLS GRID #12088195 Report a problem
    10/5/2015Sold$114,000-8.7%$95/sqft
    Source: MRED as distributed by MLS GRID #08940295 Report a problem
    8/13/2015Pending sale$124,900$104/sqft
    Source: Berkshire Hathaway HomeServices American Heritage #08940295 Report a problem
    7/13/2015Price change$124,900-3.2%$104/sqft
    Source: Berkshire Hathaway HomeServices American Heritage #08940295 Report a problem
    6/2/2015Listed for sale$129,000+33%$108/sqft
    Source: Berkshire Hathaway HomeServices American Heritage #08940295 Report a problem
    6/7/1994Sold$97,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,395 +5%$16,053
    2023$3,235 +4.8%$16,053
    2022$3,087 +7.4%$16,053 +17.3%
    2021$2,875 -21.5%$13,687
    2020$3,660 -1.9%$13,687 -10.7%
    2019$3,730 +28.3%$15,319 +44.6%
    2018$2,907 +0.7%$10,597
    2017$2,886 +7.1%$10,597
    2016$2,696 +8.1%$10,597 +13.7%
    2015$2,495 $9,318 -12.3%
    2014-- $10,625
    2013-- $10,625 -28.8%
    2012-- $14,921 +1026.1%
    2011$292 -62.8%$1,325 -91.1%
    2010$786 +10.3%$14,819 -16.5%
    2009$712 +1.6%$17,750 -7%
    2008$701 -8.6%$19,086
    2007$767 -9.9%$19,086 +25.8%
    2006$851 -1.9%$15,169
    2005$868 -44.2%$15,169
    2004$1,555 +52.1%$15,169 +23.7%
    2003$1,023 +7.1%$12,259
    2002$955 -23.9%$12,259
    2001$1,254 +16.7%$12,259 +13.4%
    2000$1,075 $10,807
    1999$1,075 $10,807
    Find assessor info on the county website

    Neighborhood: 60007

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Salt Creek Elementary School
    • Middle: Grove Avenue Elementary School
    • High: Elk Grove High School
    • District: 59

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $247,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $247,600