Condos InElk Grove Village, IL

Elk Grove Village, IL Condo Market Report (In last 12 months)

Avg. List Price

$271,374 ($229/Sqft.)

Year-Over-Year List Price

8.85%

Total Listings

130

Avg. Days on Market

Avg. Sale Price

$264,895 ($222/Sqft.)

Year-Over-Year Sale Price

9.58%

Total Sold

112

Avg. HOA Fees/Sqft.

$5/monthly

Elk grove village, IL Condo Market Overview

Welcome to Elk Grove Village, a hidden gem nestled in the heart of Illinois that offers an enticing blend of suburban tranquility and urban accessibility. Known for its lush greenery and family-friendly atmosphere, this vibrant community is a perfect place for those seeking an enriching lifestyle away from the hustle and bustle of city life. The condo market here captures a diverse array of options, from modern, budget-friendly units ideal for first-time buyers to luxurious, spacious townhomes complete with community amenities such as fitness centers and swimming pools. In neighborhoods like Salt Creek and Busse Woods, you'll find properties that boast scenic views and easy access to outdoor recreational activities, providing a perfect retreat for nature lovers. For those desiring convenience, there's easy access to nearby shopping centers and dining experiences. Elk Grove Village truly embodies a relaxed yet dynamic lifestyle, offering an inviting haven for all its residents.

Condos For Sale In Elk Grove Village, IL

Popular Condos Neighborhoods in Elk Grove Village, IL

Explore Elk Grove Village, IL Neighborhoods

Elk Grove Village, IL, is a vibrant suburban enclave known for its expansive parks, thriving business environment, and close-knit community spirit. Boasting one of the largest industrial parks in the nation and a commitment to green spaces, this bustling area harmonizes economic opportunity with tranquil living, offering easy access to cultural activities and family-friendly events.

Frequently Asked Questions About Elk Grove Village, IL

What is it like to live in Elk Grove Village?

Elk Grove Village is known for its established residential neighborhoods with single-family homes and well-maintained public facilities. It boasts a large industrial park offering numerous employment opportunities, and residents enjoy convenient access to major highways and O'Hare International Airport.

What is it like to live in Elk Grove Village?

Is Elk Grove Village expensive?

Elk Grove Village has a moderate cost of living, with home prices and rental rates generally more affordable than the nearby Chicago metropolitan area. Housing options range from single-family homes to apartments, offering a variety of choices for different budgets.

Is Elk Grove Village expensive?

How much is a condo in Elk Grove Village?

The average price of a condo in Elk Grove Village ranges from $180,000 to $350,000, depending on the location, size, and amenities offered.

How much is a condo in Elk Grove Village?

What are the safest neighborhoods in Elk Grove Village?

Elk Grove Village is generally considered a safe area with neighborhoods like West Elk Grove and Elk Grove Park known for low crime rates and community-oriented environments. These areas are well-maintained and offer access to parks and local amenities.