Oak Terrace Apartments

15712 Terrace Drive, Oak Forest, IL, 60452 |Oak Terrace Apartments

Description

Oak Terrace Apartments sits at 15712 Terrace Drive in Oak Forest, IL near Terrace Drive and 157th Street. The property is a 3-story Condo low-rise with 6 units. The building faces a quiet block close to local streets and neighborhood sidewalks. Units include 1 and 2 bedrooms and range from 900 to 1,000 sq ft. Unit listing prices run $108,000 to $117,000. Floor plates stay compact so rooms fit within a modest footprint. Recent sales show an average closed price of $117,000 and an average price per sq ft of $168. Homes in the building typically spend 38 days on the market. Those figures reflect activity over the last 12 months. The building has a pool and a party room for resident use. Thorn Creek runs east of the property and provides a natural corridor nearby. Local dining and shops sit a short walk away, including Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. The small unit count keeps shared areas small and easy to maintain. Stairs serve the three floors and circulation stays straightforward. The combination of compact units and common rooms suits buyers looking for manageable layouts and a neighborhood setting.