Village on the Lake is a condominium community located on Wellington Avenue, north of Biesterfield Road and east of Leicester Road, in the Village of Elk Grove Village, Illinois. Built in the mid-1970s, the community brought a lakeside living option to this part of the village, giving residents a scenic setting not commonly found in other Elk Grove Village condo communities.

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Homes throughout Village on the Lake offer a range of floor plans, generally between 700 and 1,600 square feet, including one-, two-, and three-bedroom layouts to suit a variety of buyers. Many units have been updated over the years with modern touches like stainless steel appliances and quartz countertops. Shared amenities add real everyday value, with residents enjoying access to a clubhouse, exercise room, business center, tennis courts, an outdoor pool, and a sundeck overlooking the community's namesake lake.

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Location adds to Village on the Lake's everyday convenience. The community offers easy access to Biesterfield Road and surrounding major roadways, connecting residents to shopping, dining, and the rest of Elk Grove Village. Residents also benefit from proximity to O'Hare International Airport and the village's well-known parks and business district. With its scenic lakeside setting and abundant amenities, Village on the Lake continues to be a popular choice for buyers in Elk Grove Village.