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The Terrace of Elk Grove Village : Beautifully situated in a delightful, park-like community is The Terrace of Elk Grove Village. Located just minutes from Chicago and O’Hare International Airport, eight boutique buildings offer a peaceful haven with thoughtful amenities and gracious floorplans. Whether you’re looking for a welcoming place to call home or a solid real estate investment, The Terrace of Elk Grove Village is the right opportunity.Beautifully situated in a delightful, park-like community is The Terrace of Elk Grove Village. Located just minutes from Chicago and O’Hare International Airport, eight boutique buildings offer a peaceful haven with thoughtful amenities and gracious floorplans. Whether you’re looking for a welcoming place to call home or a solid real estate investment, The Terrace of Elk Grove Village is the right opportunity.