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  3. Oak Forest, IL
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  5. 15704 S Terrace Dr Dr
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15704 S Terrace Dr Dr

15704 S Terrace Dr Dr, Oak Forest, IL, 60452
Oak Terrace Apartments

YEAR BUILT

1976

# STORIES

3

# TOTAL UNITS

7

UNIT SIZE RANGE

750-1,000 sqft

Description

15704 S Terrace Dr sits in Oak Forest, near the intersection of 167th Street and Cicero Avenue. This three-story low-rise building offers a mix of residential units. The property connects well to main roads, allowing for straightforward access to the area. Construction of the building completed in 1976. It has a total of 7 condominium units, with sizes ranging from 750 to 1,000 square feet. The layout includes 1 and 2-bedroom options. Unit prices fall between $100,000 and $140,000, with the average price per square foot at $140. The building sold its lowest-priced unit for around $140,000 in the past year. On average, units spent 43 days on the market before selling. This indicates a competitive market for buyers looking in the area. Amenities enhance the living experience with an outdoor pool, a sundeck, and a party room for gatherings. This property also provides ample parking for residents and guests, which adds another layer of convenience. Nearby, residents can find local dining options like Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. Grocery stores and the Metra for commuting lie within easy reach. Outdoor enthusiasts can enjoy the nearby forest preserve, golf courses, and walking paths. This building presents a solid option for anyone looking to live in Oak Forest. It balances a welcoming community atmosphere with essential amenities. The combination of unit sizes and pricing can appeal to various buyers seeking a nice place to call home.

Building ImageMLS ID #12255718
Building ImageMLS ID #11378798
Building ImageView Listing

15704 S Terrace Dr Dr

15704 S Terrace Dr Dr, Oak Forest, IL, 60452


Oak Terrace Apartments

YEAR BUILT

1976

# STORIES

3

# TOTAL UNITS

7

UNIT SIZE RANGE

750-1,000 sqft

Description

15704 S Terrace Dr sits in Oak Forest, near the intersection of 167th Street and Cicero Avenue. This three-story low-rise building offers a mix of residential units. The property connects well to main roads, allowing for straightforward access to the area. Construction of the building completed in 1976. It has a total of 7 condominium units, with sizes ranging from 750 to 1,000 square feet. The layout includes 1 and 2-bedroom options. Unit prices fall between $100,000 and $140,000, with the average price per square foot at $140. The building sold its lowest-priced unit for around $140,000 in the past year. On average, units spent 43 days on the market before selling. This indicates a competitive market for buyers looking in the area. Amenities enhance the living experience with an outdoor pool, a sundeck, and a party room for gatherings. This property also provides ample parking for residents and guests, which adds another layer of convenience. Nearby, residents can find local dining options like Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. Grocery stores and the Metra for commuting lie within easy reach. Outdoor enthusiasts can enjoy the nearby forest preserve, golf courses, and walking paths. This building presents a solid option for anyone looking to live in Oak Forest. It balances a welcoming community atmosphere with essential amenities. The combination of unit sizes and pricing can appeal to various buyers seeking a nice place to call home.

Next

Description

15704 S Terrace Dr sits in Oak Forest, near the intersection of 167th Street and Cicero Avenue. This three-story low-rise building offers a mix of residential units. The property connects well to main roads, allowing for straightforward access to the area. Construction of the building completed in 1976. It has a total of 7 condominium units, with sizes ranging from 750 to 1,000 square feet. The layout includes 1 and 2-bedroom options. Unit prices fall between $100,000 and $140,000, with the average price per square foot at $140. The building sold its lowest-priced unit for around $140,000 in the past year. On average, units spent 43 days on the market before selling. This indicates a competitive market for buyers looking in the area. Amenities enhance the living experience with an outdoor pool, a sundeck, and a party room for gatherings. This property also provides ample parking for residents and guests, which adds another layer of convenience. Nearby, residents can find local dining options like Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. Grocery stores and the Metra for commuting lie within easy reach. Outdoor enthusiasts can enjoy the nearby forest preserve, golf courses, and walking paths. This building presents a solid option for anyone looking to live in Oak Forest. It balances a welcoming community atmosphere with essential amenities. The combination of unit sizes and pricing can appeal to various buyers seeking a nice place to call home.

15704 S Terrace Dr Dr Key Stats Last 12 months

Avg. Listed Price$145,000($145/Sqft.)

Avg. Sale Price$140,000($140/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market43 days

Average HOA fees per sqft$5 /monthly
Next

Key Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market43 days

Average HOA fees per sqft$5 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

15704 S Terrace Dr Dr Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit R03R03100021432025-01-31
MLS#: 12255718
Closed$140,000
Unit 22-11852007-08-22
MLS#: 06530320
Closed$100,000
Unit 3E3E-111202007-06-29
MLS#: 06425400
Closed$100,000
Unit 2
2

1 Beds

1 Baths

0 sqft


DateStatusPrice
2007-08-22Closed$100,000
MLS#: 06530320
Days On Market85
Unit 3E
3E

1 Beds

1 Baths

0 sqft


DateStatusPrice
2007-06-29Closed$100,000
MLS#: 06425400
Days On Market120
Unit R03
R03

2 Beds

1 Baths

1000 sqft


DateStatusPrice
2025-01-31Closed$140,000
MLS#: 12255718
Days On Market43
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the standout features of this building has to be the fantastic amenities designed for lazy weekends and social gatherings. Picture yourself lounging by the pool on a sunny Saturday or hosting friends in the cozy party room. With a beautiful sundeck for those warmer months, you’ll have the ideal outdoor escape right at home. Such amenities enhance the experience of condo living, making it more than just a place to sleep, but a community to thrive in.

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Amenities Description

One of the standout features of this building has to be the fantastic amenities designed for lazy weekends and social gatherings. Picture yourself lounging by the pool on a sunny Saturday or hosting friends in the cozy party room. With a beautiful sundeck for those warmer months, you’ll have the ideal outdoor escape right at home. Such amenities enhance the experience of condo living, making it more than just a place to sleep, but a community to thrive in.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Pool

Pool

In Ground Pool

In Ground Pool

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

At 15704 S Terrace Dr Dr, policies are straightforward, making it easier for you to transition into your new home. Both cats and dogs are welcome, ensuring your furry friends can join you in your new adventure. With size limitations in place, you can still enjoy the companionship of your pet without worry.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
15704 S Terrace Dr Dr$140/sqft.$5 /sqft.
Oak Terrace Apartments$140/sqft.$5 /sqft.
Oak Terrace Apartments$127/sqft.$5 /sqft.
Oak Terrace Apartments$168/sqft.$4 /sqft.
15712 Terrace Dr$168/sqft.$4 /sqft.
Oak Terrace Apartments$144/sqft.$4 /sqft.

Nearby Schools

15704 S Terrace Dr Dr is located in , Oak Forest, with 16+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|0.28 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|0.55 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|0.74 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|0.85 miles away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|0.86 miles away

St Damian School

--
Private|Grades PK–8
5300 155th St|0.88 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

15704 S Terrace Dr Dr is located in , Oak Forest, with 16+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|Less than 1 Mile Away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|Less than 1 Mile Away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|Less than 1 Mile Away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|Less than 1 Mile Away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|Less than 1 Mile Away

St Damian School

--
Private|Grades PK–8
5300 155th St|Less than 1 Mile Away

Destiny Program

--
Public|Grades –
6020 151st St|Less than 1 Mile Away

Braun Educational Center

--
Public|Grades –
6020 151st St|Less than 1 Mile Away

Project Challenge

--
Public|Grades –
6020 151st St|Less than 1 Mile Away

Communication Development Program

--
Public|Grades –
6020 151st St|Less than 1 Mile Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|Less than 1 Mile Away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1.14 Miles Away

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|1.20 Miles Away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.34 Miles Away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|1.45 Miles Away

Bert H Fulton School

A
Public|Grades PK–5
6601 171st St|1.96 Miles Away

Transit

Situated in , 15704 S Terrace Dr Dr offers convenient access to city-wide public transportation. Nearby Bus, Rail within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

147th St & Cicero Ave

1.98 miles away|38 min walk

15840 S Cicero Ave

1.5 miles away|29 min walk

159th St & 71st Ct

1.36 miles away|27 min walk

159th St & 76th Ave

2 miles away|39 min walk

159th St & Arroyo Dr

0.28 miles away|6 min walk

159th St & Central Ave

0.49 miles away|10 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Situated in , 15704 S Terrace Dr Dr offers convenient access to city-wide public transportation. Nearby Bus, Rail within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

147th St & Cicero Ave

1.98 miles away|38 min walk

15840 S Cicero Ave

1.5 miles away|29 min walk

159th St & 71st Ct

1.36 miles away|27 min walk

159th St & 76th Ave

2 miles away|39 min walk

159th St & Arroyo Dr

0.28 miles away|6 min walk

159th St & Central Ave

0.49 miles away|10 min walk

159th St & Cicero Ave (Metra Station)

1.43 miles away|28 min walk

159th St & Debra Ave

0.7 miles away|14 min walk

159th St & Debra Dr

0.71 miles away|14 min walk

159th St & Forest Dr

1.69 miles away|33 min walk

159th St & Forest Dr (Oak Forest Hospital)

1.69 miles away|33 min walk

159th St & Harlem Ave

1.47 miles away|29 min walk

159th St & Laramie Ave

0.99 miles away|19 min walk

159th St & Le Claire Ave

1.12 miles away|22 min walk

159th St & Lorel Ave

0.81 miles away|16 min walk

159th St & Oak Park Ave

1.09 miles away|21 min walk

159th St & Olcott Ave

1.75 miles away|34 min walk

159th St & Park Center Dr

1.62 miles away|32 min walk

159th St & Peggy Ln

0.36 miles away|7 min walk

159th St & Ridgeland Ave

0.56 miles away|11 min walk

159th St & Rob Roy Dr

0.41 miles away|8 min walk

159th St & Terrace Dr

0.24 miles away|5 min walk

16130 Oak Park Ave

1.22 miles away|24 min walk

16136 Oak Park Ave

1.23 miles away|24 min walk

167th St & Cicero Ave

1.96 miles away|38 min walk

6701 159th St (Ingalls Family Care)

0.9 miles away|18 min walk

Centennial Dr & Brementowne Dr

1.57 miles away|31 min walk

Centennial Dr & Brementowne Rd

1.6 miles away|31 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

1.42 miles away|28 min walk

Centennial Dr & Lexington Ct (W)

1.38 miles away|27 min walk

Centennial Dr & Oak Park Ave

1.19 miles away|23 min walk

Cicero Ave & 147th St

1.92 miles away|37 min walk

Cicero Ave & 149th St

1.8 miles away|35 min walk

Cicero Ave & 151st St

1.67 miles away|33 min walk

Cicero Ave & 152nd St

1.62 miles away|31 min walk

Cicero Ave & 153rd St

1.57 miles away|31 min walk

Cicero Ave & 154th St

1.53 miles away|30 min walk

Cicero Ave & 155th St

1.49 miles away|29 min walk

Cicero Ave & 157th St

1.48 miles away|29 min walk

Cicero Ave & 159th St

1.51 miles away|29 min walk

Cicero Ave & Waverly Ave

1.49 miles away|29 min walk

Harlem Ave & 153rd St

1.59 miles away|31 min walk

Harlem Ave & 157th St

1.49 miles away|29 min walk

Harlem Ave & 159th St

1.52 miles away|30 min walk

Harlem Ave & 161st St

1.58 miles away|31 min walk

Harlem Ave & Wheeler Dr

1.52 miles away|30 min walk

Oak Forest

1.4 miles away|27 min walk

Oak Forest Metra (15801 Cicero Ave)

1.5 miles away|29 min walk

Oak Park Ave & 163rd Pl

1.31 miles away|26 min walk

Oak Park Ave & 165th Pl

1.47 miles away|29 min walk

The Neighbourhood: 15704 S Terrace Dr Dr

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15704 S Terrace Dr Dr Demographics

Age Demographics

0–14 Years

19.19%

15–29 Years

16.94%

30–44 Years

19.86%

45–59 Years

22.04%

60+ Years

21.97%

Commute

4.03%

Transit

2.18%

Walk

86.31%

Drive

0%

Bike

Housing Ownership

77.92%

Owner Occupied

22.08%

Rental Units

Household Types

Single Family
26.21%
Multi Family
14.02%
Single Person
24.18%
Multi Person
75.82%

Average Income

Household:$9,011,143.89 /yr

Individual:$3,688,417.87 /yr

Education

Bachelors Degree19.77%
High School College28.28%
Diploma10.95%
Post Graduate8.75%
Others32.25%
Next

Education

Diploma10.95%
Post Graduate8.75%
Others32.25%
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  2. /Oak Forest, IL
  3. /
    15704 S Terrace Dr Dr
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