Watermark at The Grove
2511 Watermark Ter,
Elgin, IL 60124
$1,825 - $2,649
1-2 Beds
Nestled in Chicago’s northwestern suburbs, Sleepy Hollow is an idyllic village draped in lush natural beauty. Being predominantly residential, Sleepy Hollow offers a wide variety of charming houses and apartments available for rent in a peaceful, park-like environment.
Sleepy Hollow’s natural beauty and tranquility contribute to its allure, along with its close proximity to desirable amenities such as Spring Hill Mall, Jelke Creek Bird Sanctuary, Raceway Woods Forest Preserve, and Santa’s Village Azoosment and Water Park. Although Sleepy Hollow may feel tucked away from it all, the village sits within an hour’s drive (or less) from Chicago’s Loop.
As of October 2025, the average apartment rent in Sleepy Hollow, IL is $1,586 for one bedroom, $1,651 for two bedrooms, and $2,123 for three bedrooms. Apartment rent in Sleepy Hollow has increased by 1.6% in the past year.
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Sleepy Hollow Elementary School
Public
Grades K-5
370 Students
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† 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 September 2025.