Updated 1 Day Ago
Highlights
New Construction
Location
1158 Lake Terrace Rd #0165, Elgin, IL 60123, USA|Willow Lakes Estates
Tour 1158 Lake Terrace Rd #0165
Contact
Willow Lake Estates
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Amenities for 1158 Lake Terrace Rd #0165, Willow Lakes Estates
Apartment Amenities
| Electric Heating | Walk-in Closet |
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
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 1158 Lake Terrace Rd #0165
Property Status: Active Welcome to Willow Lake Estates, a vibrant 55+ age-qualified community in Elgin where you can settle into your dream home: a stunning, brand-new 2026 2-bedroom, 2-bathroom property offering 1,248 square feet of beautifully designed living space for sale. Inside, you'll find an inviting, light-filled open layout highlighted by polished, beautiful cabinetry throughout the modern kitchen, while the spacious primary suite serves as a peaceful retreat and the secondary bedroom offers perfect versatility for guests or a home office. Outside, a great front porch provides the ideal spot to relax, and residents enjoy fantastic community amenities alongside convenient access to nearby shopping, dining, and major highways-ask us about our financing options and call Lucas today to schedule your private showing! 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.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1158 Lake Terrace Rd #0165 compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 50 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this property
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.9 miles away
- Greater distance from high schools
- The nearest high school is farther than 1.8 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 1.0 miles 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 1158 Lake Terrace Rd #0165 cost about 3% more than the average rent price for 2-bedroom apartments in Elgin.
Median rents as of Oct 10 2026.
Willow Lakes Estates
Elgin
| Month | Median Rent |
|---|---|
| October 2024 | $2,175 |
| 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 | $1,981 |
| October 2026 | $1,875 |
| Month | Median Rent |
|---|---|
| June 2026 | $1,875 |
| July 2026 | $1,775 |
| August 2026 | $1,790 |
| September 2026 | $1,856 |
| October 2026 | $1,850 |
Affordability calculator
Can I afford to live at 1158 Lake Terrace Rd #0165?
Bedrooms
2 bedroomsRent-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
$76,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this 2-bedrooms monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.
Schools near 1158 Lake Terrace Rd #0165
Century Oaks Elementary School
1235 braeburn dr
elgin, IL, 60123
PK, K-6Public
C+
Jerri Hoffmann Child & Family Center
229 lake marian rd
carpentersville, IL, 60110
PK, KPublic
District 158 Early Childhood Center
10910 reed rd
lk in the hls, IL, 60156
PKPublic
Oak Knoll Early Childhood Center
409 1st st
cary, IL, 60013
PK, KPublic
District 54 Early Learning Center
520 e schaumburg rd
schaumburg, IL, 60194
PKPublic
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Internet available near 1158 Lake Terrace Rd #0165
Neighborhood
Willow Lakes Estates | Elgin, IL
Getting around Elgin near 1158 Lake Terrace Rd #0165
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
There are a few mass transit options within the area.
Points of interest for 1158 Lake Terrace Rd #0165, 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
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Check availability
This property has an age requirement.
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