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720 Wellington Ave

Elk Grove Village, IL 60007

3 bd 2 ba 1,500 sqft Built 1974 condos
Most recent sale
$265,500
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2026 Price changed $279,900 MRED
Mar 13, 2026 Listed $289,900 MRED
Jun 21, 2022 Sold $265,500 MLS #11386380
Apr 27, 2022 Listed $269,900 MLS #11386380
Dec 24, 2013 Sold $127,500 Public Record
Nov 14, 2013 Sold $127,500 MLS #08406537
Aug 28, 2013 Price changed $139,900 MLS #08406537
Jul 29, 2013 Listed $147,900 MLS #08406537
Jul 29, 2013 Listing removed $139,900 MRED
Apr 27, 2013 Relisted $139,900 MLS #08288985
Apr 23, 2013 Listing removed $139,900 MRED
Mar 11, 2013 Listed $139,900 MLS #08288985

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $18,367 $395 $18,762 $4,764
2022 $18,367 $395 $18,762 $3,748
2021 $15,403 $244 $15,647 $3,419
2020 $15,403 $244 $15,647 $3,354
2019 $17,270 $244 $17,514 $3,429
2018 $12,908 $209 $13,117 $2,656
2017 $12,908 $209 $13,117 $2,653
2016 $12,908 $209 $13,117 $2,702
2015 $10,910 $186 $11,096 $2,971
2014 $10,910 $186 $11,096 $2,930
2013 $12,267 $186 $12,453 $2,051
2012 $15,555 $221 $15,776 $3,671
2011 $15,555 $221 $15,776 $991
2010 $15,555 $221 $15,776 $869
2009 $17,341 $281 $17,622 $788
2008 $21,726 $450 $22,176 $773
2007 $21,726 $450 $22,176 $840
2006 $17,189 $409 $17,598 $932

Property facts

Year built
1974
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,500 sqft
Lot size
ZIP code
60007
City
Elk Grove Village
Street
Wellington Ave
Coordinates
42.00649, -88.01088

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
Gross rental yield
12.20%
Implied cap rate
7.93%
Trend-extrapolated value

Frequently asked questions

When did 720 Wellington Ave last sell?
720 Wellington Ave most recently sold on Jun 21, 2022 for $265,500.
What is the current tax assessment for 720 Wellington Ave?
The most recent total assessment for 720 Wellington Ave (year 2023) is $18,762 with $4,764 in property tax.
How does 720 Wellington Ave's assessment compare to its last sale price?
The current assessment is 92.9% below the last sale price of $265,500.
When was 720 Wellington Ave built?
720 Wellington Ave was built in 1974.
How does 720 Wellington Ave compare to others on Wellington Ave?
We track 8 other properties on Wellington Ave. Browse the list under "Other properties on Wellington Ave" to compare beds, baths, and sale history.
What are the property facts for 720 Wellington Ave?
720 Wellington Ave is a 3 bed, 2 bath, 1,500 sqft condos.
Is 720 Wellington Ave a flip candidate?
No — 720 Wellington Ave does not appear in our flips dataset.
Is 720 Wellington Ave a tax-appeal candidate?
No — 720 Wellington Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.7%
Implied 1-yr
-2.9%
2026 Q3
$397.5K
2026 Q4
$394.5K
ZIP 60007 — Median Price History + Forecast

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