7 Photos3 Floorplans
- 1–2 Bedrooms
- $1,365-$1,790 Pricing
- 700–1,000 Square Feet
About Water's Edge Apartments
Waters Edge Apartments were designed for people who appreciate a beautiful lakeside location! Half of our apartments overlook Deep Lake, while others overlook the woodland areas. All of our floor plans offer dedicated dining space, galley kitchens with standard appliances (gas stove!), washer/dryer in unit, 30 gallon hot water tank, and ample closet space and either 1 or 2 patio/balconies.
Water's Edge Apartments is located in the 60046 Zip code of Lake Villa, IL. This community is professionally managed by Eagle Management LLC
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (224) 346-9750
- Disclaimer:
Office Hours
| Monday | 9:00 am–5:30 pm |
| Tuesday | 9:00 am–5:30 pm |
| Wednesday | 9:00 am–5:30 pm |
| Thursday | 9:00 am–5:30 pm |
| Friday | 9:00 am–5:30 pm |
| Saturday | Closed |
| Sunday | Closed |
Floorplan Pricing and Availability
Water's Edge Apartments offers 1 to 2 Bedroom apartments starting from $1,365 and having 700–1,000 sq ft. Here is the current pricing and availability:
Cost CalculatorEstimate your monthly and one-time fees
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
1 Bdrm/1 Bath
From $1,365
1 Bed, 1 Bath, 700 sq ftAvailable Oct 6Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,365 October 6, 2026 2-207 700 Unit 2-207 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Lake View 2
Unit 2-207 Rent and Fees
Unit Price
- $1,365
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,365 - $1,555
Apartment Model: 1 Bdrm/1 BathFrom $1,3651 Bedroom, 1 Bath, 700 sq ftAvailable October 6, 2026![]()
1 Bdrm/1 Bath - Floorplan Apartment Unit: 2-207Apartment Model: 1 Bdrm/1 Bath$1,3651 Bedroom, 1 Bath, 700 sq ftAvailable October 6, 20262 Bedrooms
Show Unavailable Floorplans2 Bdrm/2 Bath
From $1,565
2 Beds, 2 Baths, 1000 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,725 Available Now 1-204 1000 $1,725 October 6, 2026 2-104 1000 $1,565 October 6, 2026 3-304 1000 Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Model Rent and Fees
Model Price Range
- $1,565 - $1,790
Current Available Pricing
- $1,565 - $1,725
Unit 1-204 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Upgrade
Unit 1-204 Rent and Fees
Unit Price
- $1,725
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,565 - $1,790
Unit 2-104 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Upgrade
Unit 2-104 Rent and Fees
Unit Price
- $1,725
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,565 - $1,790
Unit 3-304 Amenities and Features
Living Space
- Vaulted Ceiling
Unit 3-304 Rent and Fees
Unit Price
- $1,565
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,565 - $1,790
Apartment Model: 2 Bdrm/2 BathFrom $1,5652 Bedroom, 2 Bath, 1000 sq ftAvailable Now![]()
2 Bdrm/2 Bath - Floorplan Apartment Unit: 1-204Apartment Model: 2 Bdrm/2 Bath$1,7252 Bedroom, 2 Bath, 1000 sq ftAvailable NowApartment Unit: 2-104Apartment Model: 2 Bdrm/2 Bath$1,7252 Bedroom, 2 Bath, 1000 sq ftAvailable October 6, 2026Apartment Unit: 3-304Apartment Model: 2 Bdrm/2 Bath$1,5652 Bedroom, 2 Bath, 1000 sq ftAvailable October 6, 20262 Bdrm/1 Bath
2 Beds, 1 Bath, 950 sq ftModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,755 Call for Availability 2 Bdrm/1 Bath 950 sq ft Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Model Rent and Fees
Model Price
- $1,755
Apartment Model: 2 Bdrm/1 Bath$1,7552 Bedroom, 1 Bath, 950 sq ftUnavailable![]()
2 Bdrm/1 Bath - Floorplan
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. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
Schedule a Tour
Call us at: (224) 346-9750 to request a tour.
Property Information
- 108 Units
- 3 Stories
- Built in 1988
- Renovated In 2007
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$50.00
- Application Fee Per ApplicantiCharged per applicant.$50.00
- Due at Move-In
- Administrative FeeiCharged per unit.$199.00
- Administrative FeeiCharged per unit.$199.00
Pet Policy and Fees
Cats
- 2 Pet Limit
Dogs
- 2 Pet Limit
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.
Features and Amenities
Interior Features
- Windows
Map
712 Waters Edge Dr, Lake Villa, IL 60046
- Shopping
- Colleges
- Grocery
- Medical
- Transportation
Map
Getting Around
30 / 100 Somewhat walkable
60 / 100 Good public transit
40 / 100 Fairly bikeable
100 / 100 Exceptionally car friendly
Scores provided by 
details
detailsGetting to Know the Area
40 / 100 Restaurants
20 / 100 Cafes
40 / 100 Nightlife
20 / 100 Shopping
80 / 100 Noise Level
Scores provided by
Frequently Asked Questions about Water's Edge Apartments
Where is Water's Edge Apartments located?
Water's Edge Apartments is located at 712 Waters Edge Dr, Lake Villa, IL
What is the current rent range at Water's Edge Apartments?
1 Bedroom to 2 Bedroom Apartments at Water's Edge Apartments currently range from $1,365 to $1,790
When is the leasing office open?
- The office Hours for Water's Edge Apartments are
- Monday 9:00 am–5:30 pm
- Tuesday 9:00 am–5:30 pm
- Wednesday 9:00 am–5:30 pm
- Thursday 9:00 am–5:30 pm
- Friday 9:00 am–5:30 pm
- Saturday Closed
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Renters Reviews and Ratings
2026 management review
May 31, 2026 - Review from Apartments.com
My experience in 2026 after the balcony construction in 2025 has tenants in unsettling awe.The workers left old nails and wood debris without any concern of the tenants safety. This was passed along to the present manager Jennifer and her staff, they also showed no immediate concern for the safety of the tenants and still has not been resolved as of May 30th, 2926 over 6 months after construction. This post may be deleted once they see it. Anyone with real concern please share and be aware.
Fantastic apartment manager
October 17, 2018 - Review from Apartments.com
Rosemary is a great apartment manager who is always looking out for the residents of Water's Edge. When the lights in the parking lot went out she found a temporary fix so I wouldn't get freaked out at 4am trying to get to work. She is always trying to help out the residents with making to properly better like getting new doors.
I wish I could rate lower
June 18, 2018 - Review from Apartments.com
First note, you'll probably notice my co-signer's/girlfriends apartment review is similar below. We've just had to deal with this for over a year now so it's ridiculous.
We moved out and have cats. My cats have never pee'd or defecated anywhere within that location other than the cat box. We even spent two days cleaning every bit of that place before we left, better than how we moved in.
However after we left they had someone come in and stated that they simply smelled cat pee so they ripped ...
up the carpet in every single room until they found a little water spot (where my cats drank some water and it probably spilled a little because they're cats, but left no smell, visible mark, or damage..) and at one point juice spilled, once again because cats walk around, however there was no damage, was cleaned up immediately, and no smell. By the way, one of the perks in bringing a pet in is that if there was any cause that they believe there was cat or dog urine, they would do a black light test. This was paid for with the pet deposit fee ($500). To quote the exact wording for the deposit "The onetime, non-refundable pet inspection fee paid upon move-in shall be applied to the cost of a professional ultra-violet light inspection done by the carpet cleaning company after move out". When I asked if they did the black light testing, they said no, and quote "the man said he smelled pee, so they just replaced everything", and when asked for copies of receipts for the black light testing she said "we don't keep receipts of that". I work in a medical company and you best believe that we keep receipts of everything, so what kind of company doesn't keep receipts especially when someone is moving out? So not only did we lose the entire deposit, but they want us to pay an additional $80.00 on top of the entire deposit taken out for the replacement of the carpet. Did I mention the water spot was in an approximate 1 foot by 1 foot from the pictures they had, yet they replaced the entire approximate 850 sq foot carpet for the entire apartment. So even though they broke contract and they know it, I cannot do anything except pay them.
Parking lots were never salted, or they salted once a month at the most, the concrete blocks at the top of parking spaces were often broken and just sitting in the middle of parking spaces, and the lots were never salted, fridge literally did not even work when I moved in or for multiple days after.
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Sad to say it turned out to be horrible
November 17, 2017 - Review from Apartments.com
At first these apartments seemed amazing. Decent prices, great view of the lake, pretty close to gurnee. However things went downhill over time. First of all the parking lot was barely plowed or salted in the winter. I would literally sal the parking lot myself so I could safely walk to my car. There was also issues with the snow plows ripping up curbs and pushing them around the parking lot. Smoking in the apartments was also another problem. Cigarette smoke would constantly come through our ...
vents and we lived on the third floor at the end of the building. Our apartment was also horribly dirty and damaged when we moved in. The one and half bath we had wasn’t even cleaned and there was black dirt everywhere in the shower. We also had to call maintenance in to fix our window screens, sliding door and our refrigerator since It wouldn’t run. We had all of our groceries in coolers for a week. The biggest problem I have is that they are charging us for replacing carpet after we moved out! We spent two days cleaning the apartment making sure it was spotless and perfect! We got a letter almost a month after we moved out Stating that they had to replace the carpet because of a stain the found on the underside of the carpet after tearing it up! There was no visible stain or damage in the fibers itself. If we ever spilled anything we would clean it up right away, which in this case was juice.The best part is they claim it to be urine from our cats. If it is indeed urine I would like proof of such before being charged 900 for the replacement recommended by your personal maintenance staff that did a horrible job fixing anything we asked them to while living there. Overall this place seems amazing at first and they suck you in just to take your money later. Don’t even bother cleaning your apartment on your move out Day. They’ll tear apart your carpet and deem it horrendously damaged based off of what’s underneath even if it is a stain from cranberry juice and not urine. Good luck to anyone who lives here. It’s definitely isn’t worth it. So glad we moved out and didn’t renew.
Read More
Enjoy Beautiful Lake Views
August 1, 2015 - Review from Apartments.com
Well maintained, Beach Front Living. Pet Friendly. Affordable Rent for 1 or 2 bedroom apts. Managers friendly and on top of any maintenance matters. Gurnee Mills down the Road.
Nearby Schools
Peter J Palombi School
Lake Villa Central Consolidated School District 41
133 McKinley Avenue
Public School - Grades 6-8 (801 Students)
In Attendance Zone2 minute drive / 0.8 miles away
William L Thompson School
Lake Villa Central Consolidated School District 41
515 Thompson Lane
Public School - Grades PK-5 (479 Students)
In Attendance Zone5 minute drive / 1.8 miles away
Lakes Community High School
Chsd 117 School District
1600 Eagle Way
Public School - Grades 9-12 (1268 Students)
In Attendance Zone5 minute drive / 1.9 miles away
School data provided by GreatSchools.
details
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 scale of 1 (below average) and 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 needs as part of the school selection process.
About GreatSchools Data on ApartmentHomeLiving.com.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Water's Edge Apartments.
Big Box and Retail
Walgreens
305 E Grand Ave
2 minute drive / 0.81 miles away
Goodwill
2051 N Route 83
5 minute drive / 2.4 miles away
Kohl's
230 E Rollins Rd
5 minute drive / 2.79 miles away
Colleges and Universities
College of Lake County - Grayslake Campus
19351 West Washington Street
10 minute drive / 4.98 miles away
Groceries
Aldi
1390 N Deep Lake Rd
6 minute drive / 3.16 miles away
Jewel-Osco
966 Il Route 59
9 minute drive / 4.57 miles away
Jewel Osco
6509 Grand Ave
11 minute drive / 5.53 miles away
Hospitals
Shopping Centers
Water's Edge Apartments has 5 shopping centers within 1.6 miles.
Transit Stations
Washington St (Grayslake) Station (NCS)-North Central Service
S Lake St & St Paul St
9 minute drive / 4.22 miles away
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Villa Studio Apartments | $1,669 | $1,652 | $1,687 |
| Lake Villa 1 Bedroom Apartments | $1,550 | $1,100 | $2,040 |
| Lake Villa 2 Bedroom Apartments | $1,889 | $1,244 | $3,130 |
| Lake Villa 3 Bedroom Apartments | $3,125 | $1,257 | $3,755 |
| Lake Villa 4 Bedroom Apartments | $4,058 | $3,780 | $4,870 |
| 2 Bedroom Homes | $1,942 | $1,325 | $3,400 |
| 3 Bedroom Homes | $2,633 | $1,900 | $3,500 |
| 4 Bedroom Homes | $3,636 | $2,500 | $6,300 |
| 7 Bedroom Homes | $4,150 | $3,300 | $5,000 |
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Viewing: Water's Edge Apartments | Desktop Version | Listing Updated: 08/06/2026 | AHLSLV