HeaderIcon
  1. Agent Logo

Explore by Metro

  • Atlanta
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Queens
  • San Diego
  • San Jose
  • Tampa
HeaderIcon

Explore by Metro

  • Atlanta
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Queens
  • San Diego
  • San Jose
  • Tampa
leftArrowBack to Search
OverviewAmenities & PoliciesMarket ReportNeighborhood
Add to favoritesAdd to favorites (hover)
Save

  1. Home/
  2. Niles, IL/
  3. Terrace Square Condominiums

Terrace Square Condominiums

9118 W Elmwood Drive, Niles, IL, 60714

Terrace Square CondominiumsCommunity
0 Units for Sale

Front view of a multi-story building with balconies and an entrance canopy.View Listing
MLS ID #12287687
Front view of a multi-story building with balconies and an entrance canopy.View ListingMLS ID #12287687
Front view of a multi-story building with balconies and an entrance canopy.View ListingMLS ID #12048460
View from a balcony looking out towards a neighboring apartment building.View ListingMLS ID #12048460
Front view of a recreation center building with large glass windows and brick entrance.View ListingMLS ID #12048460
YearBuilt

Year Built

1980

Stories

# Stories

6

#TotalUnits

# Total Units

66
UnitSizeRange

Unit Size Range

1,400-1,500 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Terrace Square Condominiums

Terrace Square Condominiums is a six-story residential building constructed in 1980, located at 9118 W Elmwood Drive, Niles, IL 60714. The building offers a variety of spacious layouts including 1 and 2-bedroom units, providing residents with a comfortable living environment. Built with durable materials typical of the era, the structure reflects a blend of practicality and classic design. Terrace Square Condominiums features a selection of convenient amenities. Residents have access to a well-maintained outdoor swimming pool and an onsite fitness center, catering to a healthy lifestyle. There is also a community room available for gatherings and events. The building includes generous green spaces, offering a relaxing outdoor area within the community. The surrounding neighborhood of Terrace Square Condominiums is enhanced by its accessibility to local shopping centers, dining establishments, and entertainment options in Niles. Public transportation is easily accessible, providing residents with straightforward commutes to surrounding areas. Proximity to parks and recreational areas further enriches the living experience, making Terrace Square Condominiums an appealing choice for those seeking a balance of residential convenience and nearby amenities.

Front view of a multi-story building with balconies and an entrance canopy.View Listing
MLS ID #12287687
Front view of a multi-story building with balconies and an entrance canopy.View ListingMLS ID #12287687
Front view of a multi-story building with balconies and an entrance canopy.View ListingMLS ID #12048460
View from a balcony looking out towards a neighboring apartment building.View ListingMLS ID #12048460
Front view of a recreation center building with large glass windows and brick entrance.View ListingMLS ID #12048460

Amenities

Living at Terrace Square isn’t just about the condo—it’s about enjoying an active lifestyle as well! The property offers a fantastic array of amenities that’ll make you feel right at home. From a fully-equipped exercise room and health club to a refreshing pool and relaxing sauna, there’s something for everyone. You can host memorable gatherings in the clubhouse or party room, enjoy sunny days on the sundeck, or take leisurely strolls through the picnic area and park. For biking enthusiasts, bike trails are available, ensuring plenty of options for outdoor fun!

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

For pet lovers, you’ll be happy to know that both cats and dogs are welcome at Terrace Square! The building upholds a few policies, including reasonable size limits for pets and a number cap that helps maintain a peaceful and pleasant living atmosphere. A deposit is required as part of the purchasing process, ensuring that everything runs smoothly.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

Loading...

Terrace Square Condominiums Market Report (last 12 months)

Avg. List Price
$271,000 ($224/Sqft.)
Year-Over-Year List Price
Up Arrow 29.06%
Total Listings
Listings2
Avg. Days On Market
Calendar53
Avg. Sale Price
$267,500 ($221/Sqft.)
Year-Over-Year Sale Price
Up Arrow 27.08%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$3 /monthly
Get the HelloCondo Newsletter
Real-estate tips, insights, and market reports in your inbox.
Newsletter

Living in Terrace Square Condominiums

Condo Living at Terrace Square Condominiums, located at 9118 W ELMWOOD DRIVE,NILES,IL:

Welcome to the warm and inviting community of Terrace Square Condominiums! Nestled in the heart of Niles, Illinois, this condo building has been a beloved choice for many first-time homebuyers since its establishment in 1980. With six stories and 66 total units, residents enjoy a cozy yet vibrant atmosphere. The property boasts a charming character combined with modern convenience—perfect for those entering the real estate market.

Building Features and Unit Availability:

At Terrace Square, you’ll find a range of spacious units sized between 1,400 to 1,500 square feet. While there’s currently low availability, potential buyers can rejoice at the fact that the community often draws interest due to its appealing features. Priced at an average of around $230,667, the value here is quite impressive, especially when considering the price per square foot at $221. The demand may currently be low, but this can be a golden opportunity for savvy first-time buyers looking for their dream home.

Life at Terrace Square Condominiums:

Imagine waking up in a home that balances comfort and community living. At Terrace Square, you have a unique opportunity to mingle with neighbors and build friendships while enjoying the privacy of your own space. The welcoming environment fosters interactions and connections, making it ideal for new homeowners eager to be part of a close-knit community.

  1. Home/
  2. Niles, IL/
  3. Terrace Square Condominiums
Nearby Cities
Beecher
Bensenville
Bolingbrook
Brookfield
Carol Stream
Elmwood Park
Evanston
Fox River Grove
Hanover Park
Lyons
Newark
Oak Forest
Park Forest
Posen
Ringwood
River Forest
Round Lake
Spring Grove
Steger
Yorkville
Buildings
10057 Linda Ln
1477 E Thacker St
1480 Jefferson St
1491 Ashland Ave
1525 E Thacker St
1525 E Thacker Street
1551 Ashland Ave
1551 Ashland Avenue
1591 E Thacker St
1591 E Thacker Street
1595 Ashland Ave
1595 Ashland Avenue
160 E Northwest Hwy
1600 E Thacker St
1600 E Thacker Street
1623 Ashland Avenue
Cora Court
Insignia
Jefferson Square
Village Manor
Neighborhoods
Albany ParkArgonne National LaboratoryAustin
BardwellBelmont CraginBig Woods MarmionBlackhawkCalumet HeightsEast SideMontclareMorgan ParkMt. CarmelNorth EastNorth RiverPalisadesPlum Grove EstatesSchorsch Forest ViewSoutheastWashington ParkWicker Park
ZIP Codes
600126002160061
6006760070600726007660091601016010660150601946040360408604226045260517606046064360701
Community
12 Oaks at Northbrook12 Oaks Condominiums at Elk Grove386 Alles Street
5139 - 5143 North East River Condominiums5147 - 5151 North East River Condominiums5155 - 5159 North East River Condominiums5337 - 5353 North Delphia Avenue Condominiums5949 - 5951 North Odell CondominiumsAlexandra CondominiumsAlvords GlenviewAmmer RidgeAmmer RoadAncient TreeAnn Murphy EstatesArbors of Morton GroveArlington GlenArlington Heights GardensArlington Heights Park ManorArlington on the PondsAshton
Popular Searches
HelloCondo Logo
LocationIcon
HelloCondo Is The #1 Condo Search Platform And Real Estate Recommendation Engine. Search, Find And Buy The Perfect Condo And Get Matched With The Best Agents. Finding A Condo Has Never Been So Easy.

HelloCondo is a division of HelloCasa, LLC

facebook iconInstagramIconXIconRedditIcon
HelloCondo
Find A RealtorTerms of UsePrivacy PolicyCalifornia Privacy NoticeAccessibility PolicyCCPA Notice on CollectionDMCABrowseNYS Standard Operating ProcedureNYS Fair Housing Notice
Contact
LocationIcon
300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
PhoneICon
(855) 625-0319
EmailIConhello@hellocondo.com
Contact Us
For Sale
Condos for saleTownhomes for sale
AgentIcon
LocationIcon

Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

PhoneICon
847-668-3774
EmailIConpaul@illinoispropertysearch.com

© HelloCondo 2025. All Rights Reserved.