Zumper
modified
4 Days Ago

Highlights

  • Pet Friendly
  • Cable ready
  • Open floor plan
  • In-unit washer/dryer
  • Spacious bedroom
  • Laminate flooring throughout
  • Plenty of closet space

Location

103 N Milwaukee Ave, Lake Villa, IL 60046, USA
Hi! Let’s figure out if this property is right for you.

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Contact

Management

Your Management Team

Leasing office

(844) 326-6575 ext. 5060

Property Overview

Lakeview Terrace earns a notable 8.8 out of 10 on Zumper, reflecting its strong appeal to renters. With a competitive price and exceptional amenities, it excels with a perfect score of 10 in both categories, and a 9 for its prime location near top-rated schools. Additionally, the property’s transparency and trustworthiness are underscored by a score of 7, providing potential renters with a clear understanding of what to expect.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Lakeview Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lakeview Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Less expensive
  • Middle school nearby

Great for

  • Pet owners

Floor plans

Lakeview Terrace - A-221 bed1 bath800 sqft$1,350 /moHidden Gem! Very large 1 bed/1 bath available for rent ! Unit offers a very in-unit washer/dryer, large eat in kitchen, spacious bedroom with plenty of closet space. Enjoy a balcony overlooking a beautifully landscaped property! Tenant pays electric only. Amenities included are cable ready, laundry room, storage and plenty of parking! Pets allowed! 12 month lease, move in fee, and credit & background check required. Lakeview Terrace is 1 block from the Metra station and minutes to I-94. Plenty of shopping and dining only a couple minutes away. Make Lakeview Terrace your home today!

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Amenities for Lakeview Terrace

Building

Cats OKDogs OK
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.

Contact Property

Base Rent

Monthly rent payment

$1,350

OPTIONAL FEES

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Cat

Pet Rent

Monthly. 1 cat max.

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Dog

Pet Rent

Monthly. 1 dog max.

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Questions about this property’s policies and fees?

Building details

Property details

Units1
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About Lakeview Terrace

HomeApartments in Lake Villa Lakeview Terrace

Hidden Gem! Very large 1 bed/1 bath available for rent ! Unit offers a very in-unit washer/dryer, large eat in kitchen, spacious bedroom with plenty of closet space. Enjoy a balcony overlooking a beautifully landscaped property! Tenant pays electric only. Amenities included are cable ready, laundry room, storage and plenty of parking! Pets allowed! 12 month lease, move in fee, and credit & background check required. Lakeview Terrace is 1 block from the Metra station and minutes to I-94. Plenty of shopping and dining only a couple minutes away. Make Lakeview Terrace your home today!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Lakeview Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lakeview Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Lakeview Terrace
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Lakeview Terrace offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Lakeview Terrace stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Lakeview Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Lakeview Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Lakeview Terrace provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Lakeview Terrace is great for:

Pet owners

  • Outdoor spaces are available at this property
  • Tile, vinyl or hardwood floors
  • 3 pet hospitals in the area
  • 1 pet supply store near the property

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 Lakeview Terrace compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 0.5 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit
Walk-in closet
More closet space on average

Considerations

No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Lake Villa

1-bedroom apartments at Lakeview Terrace cost about the same as the average rent price for 1-bedroom apartments in Lake Villa.

Median rents as of Oct 18 2025.
Lake Villa
A table of 1-bedroom apartment rental data trends in Lake Villa
MonthMedian Rent
January 2024$1,195
February 2024$1,499
March 2024$1,250
May 2024$1,150
June 2024$1,150
May 2025$1,300
August 2025$1,350
September 2025$1,350
October 2025$1,350

Affordability calculator

Can I afford to live at 103 N Milwaukee Ave?

Bedrooms

1 bedroom

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

$54,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 1-bedroom monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.

Schools near Lakeview Terrace

William L. Thompson School

515 thompson ln

lake villa, IL, 60046

PK, K-5Public
A-
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Internet available near Lakeview Terrace

Getting around Lake Villa near 103 N Milwaukee Ave

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

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 103 N Milwaukee Ave, Lake Villa

Groceries

1/10
No grocery stores within walking distance

Shopping

3/10
Some shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Nightlife

4/10
Few or no bars within walking distance

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