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Language: English

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Illinois Lake County Lake Bluff

Terrace Oaks Apartments

501-506 Smith Rd, Lake Bluff, IL 60044

4.0 (1 review)

Property Rating

4.0
Great
Out of 5

4.0 Blended Score

See all 1 Renter Reviews

How Is This Rating Determined?

Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

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224-271-9674
  • Monthly Rent

    $1,385 - $1,625

  • Bedrooms

    1 - 2 bd

  • Bathrooms

    1 - 1.5 ba

  • Square Feet

    700 - 900 sq ft

Terrace Oaks Apartments
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Pricing & Floor Plans

Check Back Soon for Upcoming Availability

Beds Baths Average SF Availability
1 Bedroom 1 Bedroom 1 Br 1 Bath 1 Bath 1 Ba 700 SF Not Available
2 Bedrooms 2 Bedrooms 2 Br 1.5 Baths 1.5 Baths 1.5 Ba 900 SF Not Available
1 Bedroom $1,385 Not Available
1 Bed 1 Bath 700 Sq Ft $1,250 Deposit
2 Bedroom $1,595 – $1,625 Not Available
2 Beds 1.5 Baths 900 Sq Ft $1,595 Deposit
1 Bedroom $1,385 Not Available
1 Bed 1 Bath 700 Sq Ft $1,250 Deposit
2 Bedroom $1,595 – $1,625 Not Available
2 Beds 1.5 Baths 900 Sq Ft $1,595 Deposit
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $50
  • Dogs
    Max of 2, 25 lbs. Weight Limit
    Comments
    Refunable Deposit
    Read More Read Less
  • Cats
    Max of 2
    Comments
    Refundable Deposit
    Read More Read Less
  • Birds
    • Allowed
  • Fish
    • Allowed
  • Reptiles
    • Allowed
  • Surface Lot
    Included with the rent

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Utilities Included

  • Gas
  • Water
  • Heat
  • Trash Removal
  • Sewer

Lease Options

  • 12 mo

Property Information

  • Built in 1966
  • 48 units/2 stories

About Terrace Oaks Apartments

Terrace Oaks is a smaller complex consisting 48 units in 3 separate buildings. There are only two floors in each building. The units have heat and cooking gas included in the rent. Each hallway has a security door. There are laundry facilities located in the basements of each building. Located in unincorporated Lake County enjoy Lake Bluff Elementary School, Lake Bluff Middle School, and Lake Forest High School. Close to shopping and several restaurants.

Terrace Oaks Apartments is an apartment community located in Lake County and the 60044 ZIP Code. This area is served by the Lake Bluff Esd 65 attendance zone.

Contact

Language: English
Open By Appointment Today
  • Monday, By Appointment
  • Tuesday - Friday, 3pm - 5pm
  • Saturday, By Appointment
  • Sunday, By Appointment

Community Amenities

  • Laundry Facilities
  • Walk-Up
  • Courtyard
  • Picnic Area

Apartment Features

Air Conditioning

High Speed Internet Access

Refrigerator

Tub/Shower

  • High Speed Internet Access
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Cable Ready
  • Tub/Shower
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Carpet
  • Vinyl Flooring
  • Dining Room
  • Family Room
  • Basement
  • Window Coverings
  • Large Bedrooms
Location Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
Amenities
  • Laundry Facilities
  • Walk-Up
  • Courtyard
  • Picnic Area
  • High Speed Internet Access
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Cable Ready
  • Tub/Shower
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Carpet
  • Vinyl Flooring
  • Dining Room
  • Family Room
  • Basement
  • Window Coverings
  • Large Bedrooms
Expenses
One-Time
Cat Deposit $250
Dog Deposit $250
Utilities Included
Gas, Water, Heat, Trash Removal, Sewer Included
Office Hours
Monday By Appointment
Tuesday 3pm - 5pm
Wednesday 3pm - 5pm
Thursday 3pm - 5pm
Friday 3pm - 5pm
Saturday By Appointment
Sunday By Appointment
224-271-9674
City - Lake Bluff

Nestled on the western shore of Lake Michigan, about 35 miles north of Downtown Chicago, Lake Bluff is a scenic suburb in the North Shore. Lake Bluff is consistently recognized as a great place to live by numerous magazines and publications for its New England charm, rich heritage, and vibrant community.

Lake Bluff is convenient to a host of parks and golf courses. Residents and visitors enjoy stunning views of Lake Michigan from Sunrise Park and practicing their golf swings at the Lake Bluff Golf Course. The close-knit community in Lake Bluff comes together for a variety of special events, including the popular Fourth of July Parade, Farmers’ Market on the Village Green, art festivals, concerts, community barbecues, and much more. Getting around from Lake Bluff is easy with access to major highways, airports, and the Metra rail system.

Learn more about living in Lake Bluff 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Lake Forest College
Drive: 12 min 5.3 mi
Coll. of Lake Co., Lakeshore
Drive: 15 min 9.1 mi
Coll. of Lake Co., Southlake
Drive: 19 min 11.4 mi
Coll. of Lake Co., Grayslake
Drive: 20 min 12.0 mi
Terrace Oaks Apartments is within 12 minutes or 5.3 miles from Lake Forest College. It is also near Coll. of Lake Co., Lakeshore and Coll. of Lake Co., Southlake.
Schools
  • Public Schools
  • Private Schools
Lake Bluff Elementary School
Public Elementary School
Grades PK-5
570 Students
Attendance Zone
Oak Grove Elementary School
Public Elementary & Middle School
Grades K-8
931 Students
Nearby
Lake Bluff Middle School
Public Middle School
Grades 6-8
288 Students
Attendance Zone
Lake Forest High School
Public High School
Grades 9-12
1,438 Students
Attendance Zone
Forest Bluff School
Private Elementary & Middle School
Grades PK-8
Nearby
Montessori School of Lake Forest
Private Elementary School
Grades PK-5
123 Students
Nearby
Lake Forest Academy
Private High School
Grades 9-12
438 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology


Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

Terrace Oaks Apartments is near Chicago O'Hare International, located 26.8 miles or 37 minutes away, and Chicago Midway International, located 39.5 miles or 58 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Lake Bluff Station
Drive: 8 min 3.1 mi
Lake Forest Station (Up-North)
Drive: 10 min 4.5 mi
Great Lakes Station
Drive: 9 min 5.1 mi
Lake Forest Station (Md-North)
Drive: 10 min 5.2 mi
North Chicago Station
Drive: 11 min 6.7 mi
Airports Distance
Airports Distance
Chicago O'Hare International
Drive: 37 min 26.8 mi
Chicago Midway International
Drive: 58 min 39.5 mi
Car-Dependent
28
Walk Score®
Out of 100
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
0
Transit Score®
Out of 100
Bikeable
59
Bike Score®
Out of 100
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
-
-
Soundscore™
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

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Points of Interest

Time and distance from Terrace Oaks Apartments.

Shopping Centers Distance
Shopping Centers Distance
Carriage Way Shopping Center
Drive: 3 min 1.2 mi
Market Square
Drive: 10 min 4.6 mi
Deerpath Plaza
Drive: 10 min 5.1 mi
Terrace Oaks Apartments has 3 shopping centers within 5.1 miles, which is about a 10-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Oriole Grove Forest Preserve (Jensen Woods)
Drive: 4 min 1.8 mi
Middlefork Farm Nature Preserve
Drive: 7 min 2.9 mi
Wildlife Discovery Center
Drive: 7 min 2.9 mi
Middlefork Savanna Preserve
Drive: 13 min 4.0 mi
Skokie River Nature Preserve
Drive: 11 min 4.1 mi
Terrace Oaks Apartments has 5 parks within 4.1 miles, including Oriole Grove Forest Preserve (Jensen Woods), Middlefork Farm Nature Preserve, and Wildlife Discovery Center.
Hospitals Distance
Hospitals Distance
Northwestern Lake Forest Hospital
Drive: 6 min 2.8 mi
Advocate Condell Medical Center
Drive: 11 min 5.4 mi
Lake Behavioral Hospital
Drive: 14 min 8.3 mi
Terrace Oaks Apartments has 3 hospitals within 8.3 miles, the nearest is Northwestern Lake Forest Hospital which is 2.8 miles away and a 6 minute drive.
Military Bases Distance
Military Bases Distance
Great Lakes Naval Training Center
Drive: 9 min 5.0 mi
US Military Reservation Elk Grove
Drive: 40 min 25.8 mi
Terrace Oaks Apartments is 5.0 miles from Great Lakes Naval Training Center, and is convenient to other military bases, including US Military Reservation Elk Grove.
 
 

Property Ratings at Terrace Oaks Apartments

How Is This Rating Determined? How Is This Rating Determined? Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
4.0
Great
Out of 5

4.0 Blended Score

1 Renter Review

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8/30/15
Couldn't be anywhere else

The landlords are so helpful when it comes to assistance. They don't treat you any less than you should. They are very understanding. We have lived here for 5 years now and I can see myself here for 100 more! That is how confident I am about living here.

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Terrace Oaks Apartments Photos

  • Terrace Oaks Apartments

  • Bedroom in two bedroom

  • Two bedroom living room

  • Two bedroom primary bedroom

  • One bedroom kitchen

Nearby Apartments

Within 50 Miles of Terrace Oaks Apartments

  • The Oaks of Lake Bluff

    601 W Washington Ave

    Lake Bluff, IL 60044

    $1,495 - $1,615

    2 Br 0.2 mi

  • Moore Court Apartments

    230 Moore Ct

    Grayslake, IL 60030

    $1,300 - $1,585

    1-2 Br 9.8 mi

Frequently Asked Questions
Does Terrace Oaks Apartments have in-unit laundry?

While Terrace Oaks Apartments does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.

What utilities are included in rent at Terrace Oaks Apartments?

Select utilities are included in rent at Terrace Oaks Apartments, including gas, water, heat, trash removal, and sewer. Residents are responsible for any other utilities not listed.

Is parking available at Terrace Oaks Apartments?

Parking is available at Terrace Oaks Apartments. Contact this property for details.

Is Terrace Oaks Apartments pet-friendly?

Yes, Terrace Oaks Apartments welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Terrace Oaks Apartments?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,385 for a one-bedroom, you would need to earn about $50,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.

Does Terrace Oaks Apartments have move-in specials?

Terrace Oaks Apartments is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does Terrace Oaks Apartments offer Matterport 3D tours?

While Terrace Oaks Apartments does not offer Matterport 3D tours, renters can request a tour directly through our online platform.

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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources

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501-506 Smith Rd

Lake Bluff, IL 60044

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