Oak Terrace Apartments

About Oak Terrace Apartments

Oak Terrace Apartments sits at 15700 S Terrace Drive in Oak Forest near the corner of Terrace Drive and 157th Street. The property is a condo with 7 units. The setting is a neighborhood block with street access. The main entry faces the sidewalk and a small front yard. Units have 1 and 2 bedrooms and range from 950 to 1050 sq ft. Layouts keep living space compact and usable. Bedrooms fit standard beds and closets. Kitchens and living rooms match the size range and flow from one room to the next. Recent sales ran from $133,000 to $134,000, so pricing sits in a narrow band. Market activity has produced close sale values across the small inventory. Buyers can expect similar price points for comparable floor plans and sizes. Amenities include a park, a pool, a bike room, bike trails, and a party room. The outdoor areas support riding and strolling. The pool and park give recreation options on site. The party room gives space for gatherings and community events. Thorn Creek is the nearest water body and runs close to the neighborhood. Local dining and retail sit within walking or short drive distance. Bella Flowers serves as a local spot, La Finca Grill provides casual dining, and Jamaica Jerk Choice brings Caribbean flavors. The location connects to nearby streets for quick neighborhood access.