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  3. Niles, IL
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  5. Terrace Square Condominiums
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Terrace Square Condominiums

9118 W Elmwood Drive, Niles, IL, 60714 |Terrace Square Condominiums

YEAR BUILT

1980

# STORIES

6

# TOTAL UNITS

66

UNIT SIZE RANGE

1,400-1,500 sqft

Description

The Terrace Square Condominiums stand at 9118 W Elmwood Drive in Niles, Illinois. This high-rise building has 6 stories and consists of 66 units. Built in 1980, it blends charm with functionality. Residents enjoy the comfort of living in an established structure. Most units are either 1 or 2 bedrooms. They range in size from 1,400 to 1,500 square feet. Prices for available units sit between $267,000 and $268,000. That makes the average price around $267,500. The average price per square foot is about $221. Units generally sell fairly quickly. The average days on the market is around 53 days, which gives buyers ample time to consider their options. The building’s amenities enhance the living experience. Residents can take advantage of features like a pool, exercise room, and business center. Nearby, there are many options for entertainment and dining. Restaurants like Sushi Teriyaki Inc and Omega Restaurant add flavor to the area. Additionally, Blue Ocean USA Inc provides a local public school option. This mix of businesses creates a lively neighborhood. Living here offers easy access to major roads, making travel simple. The building’s design fosters a sense of community. There is ample parking available which adds to the convenience. A local park nearby helps bring nature to life and promotes outdoor activities.

Building ImageMLS ID #12287687
Building ImageMLS ID #12048460
Building Image
Building ImageView Listing

Terrace Square Condominiums

9118 W Elmwood Drive, Niles, IL, 60714

|Terrace Square Condominiums

YEAR BUILT

1980

# STORIES

6

# TOTAL UNITS

66

UNIT SIZE RANGE

1,400-1,500 sqft

Description

The Terrace Square Condominiums stand at 9118 W Elmwood Drive in Niles, Illinois. This high-rise building has 6 stories and consists of 66 units. Built in 1980, it blends charm with functionality. Residents enjoy the comfort of living in an established structure. Most units are either 1 or 2 bedrooms. They range in size from 1,400 to 1,500 square feet. Prices for available units sit between $267,000 and $268,000. That makes the average price around $267,500. The average price per square foot is about $221. Units generally sell fairly quickly. The average days on the market is around 53 days, which gives buyers ample time to consider their options. The building’s amenities enhance the living experience. Residents can take advantage of features like a pool, exercise room, and business center. Nearby, there are many options for entertainment and dining. Restaurants like Sushi Teriyaki Inc and Omega Restaurant add flavor to the area. Additionally, Blue Ocean USA Inc provides a local public school option. This mix of businesses creates a lively neighborhood. Living here offers easy access to major roads, making travel simple. The building’s design fosters a sense of community. There is ample parking available which adds to the convenience. A local park nearby helps bring nature to life and promotes outdoor activities.

Next

Description

The Terrace Square Condominiums stand at 9118 W Elmwood Drive in Niles, Illinois. This high-rise building has 6 stories and consists of 66 units. Built in 1980, it blends charm with functionality. Residents enjoy the comfort of living in an established structure. Most units are either 1 or 2 bedrooms. They range in size from 1,400 to 1,500 square feet. Prices for available units sit between $267,000 and $268,000. That makes the average price around $267,500. The average price per square foot is about $221. Units generally sell fairly quickly. The average days on the market is around 53 days, which gives buyers ample time to consider their options. The building’s amenities enhance the living experience. Residents can take advantage of features like a pool, exercise room, and business center. Nearby, there are many options for entertainment and dining. Restaurants like Sushi Teriyaki Inc and Omega Restaurant add flavor to the area. Additionally, Blue Ocean USA Inc provides a local public school option. This mix of businesses creates a lively neighborhood. Living here offers easy access to major roads, making travel simple. The building’s design fosters a sense of community. There is ample parking available which adds to the convenience. A local park nearby helps bring nature to life and promotes outdoor activities.

Terrace Square Condominiums Market Stats Last 12 months

Avg. Listed Price$271,000($224/Sqft.)

Avg. Sale Price$267,500($221/Sqft.)
Year over year list priceUp Arrow17.67%

Year over year sale priceUp Arrow 27.08%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market53 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceUp Arrow17.67%

Year over year sale priceUp Arrow27.08%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market53 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Terrace Square Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1F1F120022392025-05-30
MLS#: 12344036
Closed$267,000
Unit 1A1A122522592025-04-15
MLS#: 12287687
Closed$268,000
Unit 1G1G134022342024-05-23
MLS#: 12034513
Closed$235,000
Unit 1A
1A

2 Beds

2 Baths

1225 sqft


DateStatusPrice
2025-04-15Closed$268,000
MLS#: 12287687
Days On Market59
Unit 1F
1F

2 Beds

2 Baths

1200 sqft


DateStatusPrice
2025-05-30Closed$267,000
MLS#: 12344036
Days On Market39
Unit 1G
1G

2 Beds

2 Baths

1340 sqft


DateStatusPrice
2024-05-23Closed$235,000
MLS#: 12034513
Days On Market34
View Complete Unit Listing HistorySource By: MRED

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!

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Amenities Description

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!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Pool

Pool

In Ground Pool

In Ground Pool

Above Ground Pool

Above Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Sauna

Sauna

Picnic Area

Picnic Area

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Business Center

Business Center

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Privacy Fence

Privacy Fence

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.

Next

Amenities Description

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 Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Terrace Square Condominiums$221/sqft.$3 /sqft.
9118 W Elmwood Dr$221/sqft.$3 /sqft.
Terrace Square Condominiums$210/sqft.$3 /sqft.
9701 N Dee Rd$216/sqft.$3 /sqft.
9128 W Terrace Dr$232/sqft.$3 /sqft.
9128 W Terrace Dr$234/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Terrace Square Condominiums.

Kiddie Garden

--
Private|Grades PK–KG
9130 W Golf Rd|0.13 miles away

Mark Twain Elementary School

B-
Public|Grades KG–5
9401 N Hamlin Ave|0.56 miles away

First Steps Preschool

--
Public|Grades PK–PK
10000 Dee Rd|0.56 miles away

Apollo Elementary School

C+
Public|Grades KG–5
10100 Dee Rd|0.72 miles away

Iccd Academy

--
Private|Grades PK–5
480 Potter Rd|1.17 miles away

Glen Grove Elementary School

A+
Public|Grades 3–5
3900 Glenview Rd|1.59 miles away
Next

Schools

Kiddie Garden

--
Private|Grades PK–KG
9130 W Golf Rd|Less than 1 Mile Away

Mark Twain Elementary School

B-
Public|Grades KG–5
9401 N Hamlin Ave|Less than 1 Mile Away

First Steps Preschool

--
Public|Grades PK–PK
10000 Dee Rd|Less than 1 Mile Away

Apollo Elementary School

C+
Public|Grades KG–5
10100 Dee Rd|Less than 1 Mile Away

Iccd Academy

--
Private|Grades PK–5
480 Potter Rd|1.17 Miles Away

Glen Grove Elementary School

A+
Public|Grades 3–5
3900 Glenview Rd|1.59 Miles Away

Gemini Middle School

C+
Public|Grades 6–8
8955 N Greenwood A...|1.67 Miles Away

Guardian Angel Orthodox Day School

--
Private|Grades PK–8
2350 E Dempster St|1.75 Miles Away

Northridge Preparatory School

--
Private|Grades 6–12
8320 W Ballard Rd|1.77 Miles Away

Childrens Learning World

--
Private|Grades PK–TKG
8101 W Golf Rd|1.80 Miles Away

Maine East High School

A-
Public|Grades 9–12
2601 Dempster St|1.84 Miles Away

Henking Elementary School

--
Public|Grades PK–2
2941 Linneman St|1.91 Miles Away

Washington Elementary School

A-
Public|Grades KG–5
2710 Golf Rd|1.93 Miles Away

Springman Middle School

B-
Public|Grades 6–8
2701 Central Rd|2.17 Miles Away

North Elementary School

B
Public|Grades KG–5
1789 Rand Rd|2.23 Miles Away

Franklin Elementary School

A
Public|Grades KG–5
2401 Manor Ln|2.34 Miles Away

Westbrook Elementary School

--
Public|Grades PK–2
1333 Greenwood Rd|2.38 Miles Away

Science & Arts Academy

--
Private|Grades PK–8
1825 Miner St|2.42 Miles Away

Embers Academy

--
Private|Grades PK–5
8340 N Greenwood A...|2.52 Miles Away

Glenview New Church School

--
Private|Grades PK–7
74 Park Dr|2.60 Miles Away

Nelson Elementary School

C+
Public|Grades KG–5
8901 N Ozanam Ave|2.64 Miles Away

Melzer Elementary School

A-
Public|Grades KG–5
9400 Oriole Ave|2.64 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Dee Rd & Elmwood Dr

0.07 miles away|2 min walk

9000 W Golf Rd

0.36 miles away|7 min walk

8933-75 Golf Rd

0.37 miles away|8 min walk

Dee Rd & Emerson St

0.59 miles away|12 min walk

Dee Rd & Central Rd

0.82 miles away|16 min walk

Central Rd & Triumvera Dr

0.84 miles away|17 min walk
Next

Transit

Dee Rd & Elmwood Dr

0.07 miles away|2 min walk

9000 W Golf Rd

0.36 miles away|7 min walk

8933-75 Golf Rd

0.37 miles away|8 min walk

Dee Rd & Emerson St

0.59 miles away|12 min walk

Dee Rd & Central Rd

0.82 miles away|16 min walk

Central Rd & Triumvera Dr

0.84 miles away|17 min walk

Central Rd & Dee Rd

0.86 miles away|17 min walk

Central Rd & Milwaukee Ave

0.89 miles away|18 min walk

Dee Rd & Church St

0.93 miles away|18 min walk

Central Rd & Dearlove Rd/Meadow Ln

1 miles away|20 min walk

Dearlove Rd & Regency Dr

1.05 miles away|21 min walk

9411 N Greenwood Ave

1.07 miles away|21 min walk

Dearlove Rd & Williamsburg Ct

1.1 miles away|22 min walk

8361 Golf Rd

1.25 miles away|24 min walk

Dearlove Rd & Essex Ct

1.26 miles away|25 min walk

Dearlove Rd & Cove Ln/Essex Ct

1.26 miles away|25 min walk

Ballard Rd & Lincoln Dr/Rancho Ln

1.28 miles away|25 min walk

Ballard Rd & Rancho Ln

1.29 miles away|25 min walk

Church/Greenwood

1.31 miles away|26 min walk

8307 W Golf Rd

1.37 miles away|27 min walk

Dearlove Rd & Cove Ln

1.39 miles away|27 min walk

8331 W Golf Rd

1.4 miles away|27 min walk

9400 N Milwaukee Ave

1.41 miles away|27 min walk

Church/Stop Sign/National City

1.41 miles away|27 min walk

395 Golf Mill Center

1.42 miles away|28 min walk

8330 West Golf Rd

1.43 miles away|28 min walk

9401 Milwaukee Ave

1.45 miles away|28 min walk

8203 W Golf Rd

1.51 miles away|30 min walk

9383 Milwaukee Ave

1.51 miles away|30 min walk

9210 N Milwaukee Ave

1.54 miles away|30 min walk

Church St & Cumberland Ave

1.55 miles away|30 min walk

Church/Cumberland

1.56 miles away|30 min walk

Cumberland/Church

1.57 miles away|30 min walk

Ballard/Chester

1.6 miles away|31 min walk

Cumberland/Davis

1.6 miles away|31 min walk

Ballard/Greenwood

1.64 miles away|32 min walk

Church St & Maryland St

1.64 miles away|32 min walk

Ballard/Grace

1.65 miles away|32 min walk

Ballard/Clifton

1.71 miles away|33 min walk

Cumberland/Ballard

1.75 miles away|34 min walk

Ballard/Cumberland

1.75 miles away|34 min walk

Cumberland Station

1.98 miles away|38 min walk

2025 Miner St

2.2 miles away|43 min walk

1275 N Milwaukee Ave

2.24 miles away|43 min walk

24 S River Rd

2.35 miles away|46 min walk

Busse Hwy & Parkview Ln

2.47 miles away|48 min walk

Busse Hwy & Mason Ln

2.47 miles away|48 min walk

Busse Hwy & Crabtree Ln

2.48 miles away|48 min walk

Busse Hwy & Apple Creek Ln

2.49 miles away|48 min walk

Busse Hwy & Lundergan Ave

2.69 miles away|52 min walk

The Neighbourhood: Terrace Square Condominiums

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Terrace Square Condominiums Demographics

Age Demographics

0–14 Years

16.74%

15–29 Years

17.19%

30–44 Years

20.44%

45–59 Years

17.28%

60+ Years

28.34%

Commute

3.91%

Transit

2.24%

Walk

85.04%

Drive

0.81%

Bike

Housing Ownership

55.72%

Owner Occupied

44.28%

Rental Units

Household Types

Single Family
26.18%
Multi Family
8.06%
Single Person
29.81%
Multi Person
70.19%

Average Income

Household:$5,663,100.7 /yr

Individual:$3,347,498.1 /yr

Education

Bachelors Degree25.16%
High School College24.57%
Diploma8.96%
Post Graduate13.42%
Others27.89%
Next

Education

Diploma8.96%
Post Graduate13.42%
Others27.89%
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    Terrace Square Condominiums
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