Updated 5+ Days Ago

1124 Lake Terrace Rd #0159
1124 Lake Terrace Rd #0159, Elgin, IL 60123, USA

Monthly rent	$1,950
Beds	2
Baths	2
Sqft	–

Monthly rent	$1,950
Beds	2
Baths	2
Sqft	–

Updated 5+ Days Ago

Highlights

New Construction

Billiards room
Clubhouse
Walk-in closet
Active lifestyle
Private retreat
Outdoor pool

Location

1124 Lake Terrace Rd #0159, Elgin, IL 60123, USA|Willow Lakes Estates

Tour 1124 Lake Terrace Rd #0159

Contact

Willow Lake Estates

(847) 742-3620

Amenities for 1124 Lake Terrace Rd #0159, Willow Lakes Estates

Apartment Amenities

Electric Heating

Walk-in Closet

Grounds

Swimming Pool

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

About 1124 Lake Terrace Rd #0159

Home

Apartments in Elgin

1124 Lake Terrace Rd #0159, Elgin, IL 60123, USA

Property Status: Active Welcome to Willow Lake Estates, a 55+ age-qualified active and vibrant community, where you can find yourself in your dream home. This lovely 2 bed, 2 bath home offers 1,095 sq ft of thoughtfully designed living space, complete with a carport for your convenience. Located in Elgin, Illinois, this home blends modern comfort, inviting style, and hassle-free living. Inside, you'll find a bright, spacious layout with plenty of room for relaxing or entertaining. The well-appointed kitchen provides ample cabinetry and workspace, making daily living easy and enjoyable. The primary suite serves as a private retreat with its own bathroom and walk-in closet. An additional bedroom offers versatility for guests, a home office, or hobbies. Enjoy easy-to-maintain landscaping, perfect for unwinding or spending time with friends and family. As a resident of Willow Lake Estates, you'll have access to outstanding community amenities, including a clubhouse, outdoor pool, billiards room, two spring-fed lakes, and beautifully maintained grounds with mature trees. Conveniently located near shopping, dining, hospitals, and major expressways, everything you need is just minutes away. Whether you're looking for relaxation or an active lifestyle, this vibrant community has it all. Call us today to learn more about this wonderful new home coming soon! Office Phone: (847) 742-3620 Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property highlights

How 1124 Lake Terrace Rd, Elgin, IL 60123, USA compares to other nearby properties.

Positives

Images Available: There are at least 10 photos of this address
Walk-in closet: More closet space on average

Considerations

Greater distance from grade schools: The nearest elementary school is farther than 1 mile away

Address details

Neighborhood	Willow Lakes Estates
Zip code	60123
Type	Apartment for rent

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Rent trends in Willow Lakes Estates

2-bedroom apartments at 1124 Lake Terrace Rd #0159 cost about 5% more than the average rent price for 2-bedroom apartments in Elgin.

Median rents as of Sep 5 2026.

Willow Lakes Estates

Elgin

A table of 2-bedroom apartment rental data trends in Elgin
Month	Median Rent
September 2024	$2,207
October 2024	$2,168
November 2024	$2,144
December 2024	$2,000
January 2025	$2,062
February 2025	$1,961
March 2025	$2,019
April 2025	$1,820
May 2025	$1,865
June 2025	$1,985
July 2025	$2,012
August 2025	$1,989
September 2025	$1,965
October 2025	$1,952
November 2025	$1,815
December 2025	$1,789
January 2026	$1,822
February 2026	$1,789
March 2026	$1,940
April 2026	$2,062
May 2026	$2,075
June 2026	$1,993
July 2026	$1,904
August 2026	$2,048
September 2026	$2,000

A table of 2-bedroom apartment rental data trends in Willow Lakes Estates
Month	Median Rent
June 2026	$1,875
July 2026	$1,775
August 2026	$1,790
September 2026	$1,850

Affordability calculator

Can I afford to live at 1124 Lake Terrace Rd #0159?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$78,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this 2-bedrooms monthly rent price of $1,950.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 1124 Lake Terrace Rd, Elgin, IL.
				Bath
	6 months ago	$1,950	2 bed	2 bath

Schools near 1124 Lake Terrace Rd #0159

Internet available near 1124 Lake Terrace Rd #0159

Neighborhood

Willow Lakes Estates | Elgin, IL

NEIGHBORHOOD VIBE

Peaceful and quiet

Noise-canceling headphones not required in this mostly noise free area.

Getting around Elgin near 1124 Lake Terrace Rd #0159

Walking

3/10

Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10

Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10

FYI, there are little to no public transit options within walking distance.

Points of interest for 1124 Lake Terrace Rd #0159, Elgin

Groceries

3/10

Some groceries within a short drive

Shopping

3/10

Some shops within a short drive

Cafes

2/10

Few or no cafés within a short drive

Restaurants

3/10

Some restaurants within a short drive

Primary schools

10/10

At least one elementary school within a 5-minute walk

High schools

10/10

At least one high school within a 5-minute walk

Parks

6/10

Large amount of park space nearby

Nightlife

2/10

Few or no bars within a short drive

Explore the area around 1124 Lake Terrace Rd #0159

Fox Valley Farmers Market

840 N State St

Armando's Supermarket

925 N Liberty St

Lina's Filipino Marketplace

10 Tyler Creek Plz

Elgin Fresh Market

822 Summit St

ALDI

799 Summit St

Other units at this address

1124 Lake Terrace Rd, Elgin, IL

1124 Lake Terrace Rd Elgin, IL

Occupied

2 Beds, 2 Baths

2 Beds

2 Baths

1,095 sqft

$1,950

Dishwasher • On-Site Laundry

Listed by Cindy Petros

Days on market: 191

55+ age qualified community. Discover a hidden gem of Elgin, IL at Willow Lake Estates. This 55+ age-qualified community is quietly tucked away from the hustle and bustle of the big city. Bordered by the Fox River, you are greeted with mature tree lines and natural landscaping right outside your doorway. Access the Fox River Trail, just across the river, and take a stroll through history on the nicely paved walking and biking trails that were once fully functioning railroad tracks. Nearby the pedestrian bridge, there are nesting areas for birds and a commonplace to spot eagles. The pathway spans 61 miles, making it the perfect place for a quick stroll or an extended-day adventure for active adults. Even transportation is made simple with bus access and quick two-minute commute to the interstate. There are many opportunities nearby for entertainment, relaxation or simply making everyday trips to the grocery or doctor's office. Find a diverse selection of restaurants as well as arts and entertainment, too. As a resident of the community, you can enjoy the benefits of living a maintenance-free lifestyle. Your site rent includes regular grass cutting, snow removal, use of our private stocked lake, community clubhouse with fitness center, library, and heated outdoor swimming pool. community beach with access by bridge to scenic island, laundry facility. Discover the place where comfort and convenience"Click here to view a virtual tour. Welcome to Willow Lake Estates, a 55+ age-qualified active and vibrant community, where you can find yourself in your dream home. This lovely 2 bed, 2 bath home offers 1,095 sq ft of thoughtfully designed living space, complete with a carport for your convenience. Located in Elgin, Illinois, this home blends modern comfort, inviting style, and hassle-free living. Inside, you’ll find a bright, spacious layout with plenty of room for relaxing or entertaining. The well-appointed kitchen provides ample cabinetry and workspace, making daily living easy and enjoyable. The primary suite serves as a private retreat with its own bathroom and walk-in closet. An additional bedroom offers versatility for guests, a home office, or hobbies. Enjoy easy-to-maintain landscaping, perfect for unwinding or spending time with friends and family. As a resident of Willow Lake Estates, you’ll have access to outstanding community amenities, including a clubhouse, outdoor pool, billiards room, two spring-fed lakes, and beautifully maintained grounds with mature trees. Conveniently located near shopping, dining, hospitals, and major expressways, everything you need is just minutes away. Whether you’re looking for relaxation or an active lifestyle, this vibrant community has it all. Call us today to learn more about this wonderful new home coming soon!