Watermark at The Grove
2511 Watermark Ter,
Elgin, IL 60124
$1,899 - $2,795 | 1-2 Beds
Elgin
Elgin, IL
Area Guide
A relaxing and tranquil Midwestern city on Lake Michigan.
Midwest
•
Chicago
•
Fox River
•
Community
•
Only 35 miles northwest of the bustling city of Chicago is the hidden gem of Elgin, Illinois. In close enough proximity to the O’Hare International Airport, but not so close as to disrupt your quiet lifestyle, the means of seeing the world is right at your backdoor. When you come home, come home to this tranquil suburb located along the Fox River.
This city truly offers it all, from sandy beach shores to a breathtaking nighttime skyline. Stroll downtown and enjoy the quaint architecture, frequent the outdoor fairs, and take in the idyllic lake views.
Whether you’re looking for summertime fun on the lake or gorgeous wintertime snow, you’ll find the best of all worlds in Elgin. Come home to a charming atmosphere with trees and foliage lining the boulevards and a family-friendly, community feel. Roll the dice at the Grand Victoria Casino, or enjoy music to your ears at the Elgin Symphony Orchestra. Appreciate the art at Elgin’s History Museum, and catch a great show of arts at the Art and Soul on the Fox. Home is always just a heartbeat away when you live in Elgin, Illinois.
Rent Trends
As of March 2025, the average apartment rent in Elgin, IL is $1,122 for a studio, $1,391 for one bedroom, $1,689 for two bedrooms, and $2,294 for three bedrooms. Apartment rent in Elgin has increased by 3.7% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,391/month
667 Sq Ft
House
$1,725/month
1,028 Sq Ft
Condo
$2,040/month
1,007 Sq Ft
Transportation
42
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
27
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
48
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Schools
Public
Grades PK-5
662 Students
8
Public
Grades PK-5
724 Students
6
Public
Grades K-6
429 Students
6
Public
Grades PK-6
526 Students
5
Public
Grades PK-6
487 Students
5
Public
Grades 6-7
799 Students
9
Public
Grades 7-8
543 Students
4
Public
Grades 7-8
611 Students
2
Public
Grades 7-8
527 Students
2
Public
Grades 7-8
551 Students
1
Public
Grades 9-12
2,750 Students
3
Public
Grades 9-12
2,264 Students
2
School data provided by
GreatSchools
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.
Points of Interest
Shopping Centers
Parks and Recreation
- Hawthorne Hill Nature Center
- Tyler Creek Forest Preserve
- Elgin Public Museum
- Burnidge Forest Preserve
- Fitchie Creek Forest Preserve
Airports
- Chicago O'Hare International
- Chicago Midway International
Top Apartments in Elgin
Houses for Rent in Elgin
Property Management Companies in Elgin, IL
RPM
-
620
Communities
-
163,328
Units
-
235
Cities
1 Community in Elgin
BH
-
340
Communities
-
92,799
Units
-
201
Cities
1 Community in Elgin
Morgan Properties
-
315
Communities
-
95,209
Units
-
193
Cities
1 Community in Elgin
Continental Properties Company
-
72
Communities
-
19,500
Units
-
61
Cities
1 Community in Elgin
Fiduciary Real Estate Development
-
35
Communities
-
8,281
Units
-
21
Cities
1 Community in Elgin
Ludwig and Company
-
17
Communities
-
3,204
Units
-
14
Cities
1 Community in Elgin
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.