HeaderIcon

Oak Terrace Apartments

15818 Terrace Drive, Oak Forest, IL, 60452

YearBuilt

Year Built

1975

Stories

# Stories

3

#TotalUnits

# Total Units

7
UnitSizeRange

Unit Size Range

950-1,050 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low

Building Description

Oak Terrace Apartments is a charming three-story residential building constructed in 1975, located on Terrace Drive in Oak Forest. The building offers a variety of spacious 1 and 2-bedroom units, thoughtfully designed for comfortable living. Residents of Oak Terrace Apartments benefit from an array of practical amenities, including on-site laundry facilities, secure parking, and a dedicated storage area for each unit, providing convenient solutions for everyday needs. The building's architecture features classic design elements characteristic of the mid-1970s, with durable brickwork and large windows that allow for abundant natural light in each apartment. Despite the absence of a waterfront, the complex is set amidst lush greenery, offering a peaceful and serene environment for its residents. The Oak Terrace Apartments are situated in a neighborhood known for its well-maintained parks, family-friendly atmosphere, and convenient access to local shops and services. Public transportation options and major roadways are easily accessible, providing residents with connections to a wider urban area. The zipcode 60452 is recognized for its blend of suburban tranquility and practical urban living, making Oak Terrace Apartments a unique residence option for those seeking comfort and convenience.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

Loading...

Oak Terrace Apartments Market Report (last 12 months)

Avg. List Price
$154,900 ($155/Sqft.)
Year-Over-Year List Price
0.00%
Total Listings
Listings1
Avg. Days On Market
Calendar39
Avg. Sale Price
$160,000 ($160/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$5 /monthly

About Oak Terrace Apartments

Condo Living at Oak Terrace Apartments, located at 15818 TERRACE DRIVE,OAK FOREST,IL:

Are you a first-time homebuyer looking to become part of a warm and welcoming community? Look no further than Oak Terrace Apartments! Nestled in the tranquil city of Oak Forest, this charming condo building combines comfort, convenience, and a touch of nature, making it an ideal spot for young professionals and first-time buyers. Built in 1975, the three-story building houses a total of seven units, providing a cozy atmosphere where neighbors get to know each other.

Building Features and Unit Availability:

While the available units at Oak Terrace Apartments are currently low, the size options range from a spacious 950 to 1,050 square feet, perfect for those who appreciate a bit of room to roam. With one unit successfully sold recently, the demand remains moderate, meaning you won’t be competing against a large pool of buyers just yet. Oak Terrace is well-equipped to welcome you home with open arms.

Amenities You'll Love:

Living here means you’ll have access to a wonderful array of amenities that cater to an active lifestyle. Picture summer days spent lounging by the sparkling pool, evenings engaging in friendly matches on the tennis courts, or hosting gatherings in the clubhouse or party room. The cozy patio is perfect for getting to know your neighbors over a cup of coffee or planning weekend barbecues. Plus, there’s a park nearby where you can unwind and enjoy nature—all within easy reach!

HelloCondo Logo
LocationIcon
HelloCondo Is The #1 Condo Search Platform And Real Estate Recommendation Engine. Search, Find And Buy The Perfect Condo And Get Matched With The Best Agents. Finding A Condo Has Never Been So Easy.

HelloCondo is a division of HelloCasa, LLC

facbooIconInstagramIconXIconRedditIcon
Contact
LocationIcon
300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
PhoneICon
(855) 625-0319
AgentIcon
LocationIcon

Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

PhoneICon
847-668-3774

© HelloCondo 2025. All Rights Reserved.