Terrace Oaks Apartments

501-506 Smith Rd, Lake Bluff, IL 60044

Last Updated: 5 Days Ago
(1)
Monthly Rent
$1,375 - $1,650
View Fees and Policies
Bedrooms
1 - 2
Bathrooms
1 - 1.5
Sq. Ft.
700 - 900 sq ft

Pricing and Floor Plans

1 Bedroom

$1,375
1 Bed, 1 Bath
700 Sq. Ft.
Show Floor Plan Details
Available Now

2 Bedroom

$1,650
2 Beds, 1.5 Baths
900 Sq. Ft.
Show Floor Plan Details
Available Now
* 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. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Details

Lease Term Options

  • 12 mo

Property Information

  • Built in 1966
  • 48 units2 stories

Fees & 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
    $50

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.

Explore Commute Options

Drive Time
Walk Time
Bike Ride Time
Public Transit

Apartment Features

  • Air Conditioning
  • Basement
  • Cable Ready
  • Carpet
  • Ceiling Fans
  • Dining Room
  • Family Room
  • Heating
  • High Speed Internet Access
  • Kitchen

Community Features

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

Map of Terrace Oaks Apartments

Area Scores

Walkability

Fairly walkable

Transit

Minimal public transit

Driveability

Exceptionally drivable

Bikeability

Fairly bikeable

Scores provided by

Soundscore

Busy

Scores provided by

Transit

Commuter Rail

3 min Drive

Commuter Rail

6 min Drive

Airport

Chicago O'Hare International

36 min Drive

ORD

Moving to Southeast Lake County, Lake Bluff, IL

Shopping Centers

Shoppers will appreciate Terrace Oaks Apartments proximity to Carriage Way Shopping Center. Carriage Way Shopping Center is 1.2 miles away.

Parks and Recreation

Recreational activities near Terrace Oaks Apartments are plentiful. Discover 5 parks within 4.1 miles, including Oriole Grove Forest Preserve (Jensen Woods), Middlefork Farm Nature Preserve, and Wildlife Discovery Center.

Airports

Living in Southeast Lake County provides easy access to Chicago O'Hare International, located just 37 minutes from Terrace Oaks Apartments. Another nearby airport is Chicago Midway International, located 39.5 miles away.

Local Education

Primary and Secondary Schools

GreatSchools rating: 9 out of 10

Lake Bluff Elementary School

Grades PK-5

Public

GreatSchools rating: 9 out of 10

Lake Bluff Middle School

Grades 6-8

Public

GreatSchools rating: 8 out of 10

Oak Grove Elementary School

Grades K-8

Public

Not rated

Forest Bluff School

Grades PK-8

Private

GreatSchools rating: 9 out of 10

Lake Forest High School

Grades 9-12

Public

Not rated

Safe Haven School

Grades 6-12

Private

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

GreatSchools

Colleges and Universities

School Commute Time (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 mi)

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 in Lake Bluff, IL

Contact

Property Address:
501-506 Smith Rd,
Lake Bluff, IL 60044
Phone Number: (224) 332-3463
Office Hours
  • Sunday By Appointment Only
  • Monday By Appointment Only
  • Tuesday 3:00 PM – 5:00 PM
  • Wednesday 3:00 PM – 5:00 PM
  • Thursday 3:00 PM – 5:00 PM
  • Friday 3:00 PM – 5:00 PM
  • Saturday By Appointment Only

Renter Reviews

For Terrace Oaks Apartments

5.0

1 Rating & Review

  • 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.

    Review from Apartments.com

    15 People Found This Helpful

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Contact This Property

(224) 332-3463

Languages: English

Open By Appointment Only Today

View All Hours