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  1. Home
  2. /Oak Forest, IL
  3. /
    Oak Terrace Apartments

Oak Terrace Apartments

15724 Terrace Drive, Oak Forest, IL, 60452

Oak Terrace ApartmentsCommunity
0 Units for Sale

Front view of a multi-story brick apartment building with balconies and satellite dishes.View Listing
MLS ID #11922809
Front view of a multi-story brick apartment building with balconies and satellite dishes.View ListingMLS ID #11922809
Front view of a multi-story brick apartment building with balconies.View ListingMLS ID #11978157
Front view of a multi-story brick apartment building with large windows.View ListingMLS ID #11978157
Front view of a brick apartment building with glass entrance doors.View ListingMLS ID #11922809
YearBuilt

Year Built

1973

Stories

# Stories

3

#TotalUnits

# Total Units

8
UnitSizeRange

Unit Size Range

750-850 sqft

UnitDemand

Unit Demand

Stories

Medium

UnitAvailability

Unit Availability

Stories

Low


About Oak Terrace Apartments

Oak Terrace Apartments is a 3-story residential building, established in 1973 and located at 15724 Terrace Drive. This mid-rise structure offers several comfortable units tailored to various lifestyle needs. The building’s architecture features a classic design with a durable brick facade, which not only adds to its aesthetic appeal but also ensures longevity and low maintenance. Inside Oak Terrace Apartments, residents will find numerous amenities aimed at enhancing everyday living. The building includes secure on-site parking, a coin-operated laundry facility, and additional storage spaces for convenience. Each unit is designed to maximize space utilization while providing essential comforts, such as efficient heating and cooling systems, well-fitted kitchens, and ample natural lighting. The surrounding environment offers a peaceful suburban atmosphere while being conveniently close to key urban amenities. Public transportation options are accessible, facilitating easy commutes to nearby urban centers. Local parks, dining, and shopping establishments are within a short distance, providing residents with a balanced lifestyle. Oak Terrace Apartments delivers practical living solutions in a well-connected locality, making it a desirable choice for many seeking a homely residence.

Front view of a multi-story brick apartment building with balconies and satellite dishes.View Listing
MLS ID #11922809
Front view of a multi-story brick apartment building with balconies and satellite dishes.View ListingMLS ID #11922809
Front view of a multi-story brick apartment building with balconies.View ListingMLS ID #11978157
Front view of a multi-story brick apartment building with large windows.View ListingMLS ID #11978157
Front view of a brick apartment building with glass entrance doors.View ListingMLS ID #11922809

Amenities

One of the highlights of Oak Terrace Apartments is the fantastic amenities. Imagine spending your summer days lounging by the pool or hosting a fabulous birthday bash in the spacious party room. These amenities add an extra layer of enjoyment to condo life, making it easy to host friends or unwind with family after a long week.

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

Building Policies

Understanding building policies is crucial, especially for pet lovers. At Oak Terrace, both cats and dogs are welcomed - yay for furry friends! However, there are some number and size limits in place, which is common in condos, helping to maintain a comfortable and respectful environment for all residents.

Pet AllowedPets 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
$0
Year-Over-Year List Price
0.00%
Total Listings
Listings0
Avg. Days On Market
Calendar45
Avg. Sale Price
$115,000 ($144/Sqft.)
Year-Over-Year Sale Price
Up Arrow 0.28%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$4 /monthly

Oak Terrace Apartments Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1180011452024-03-25
MLS#: 11978157
Closed$115,000
Unit 3370011492023-12-19
MLS#: 11920964
Closed$79,950
Unit 0202-11352023-12-07
MLS#: 11922809
Closed$100,000
Unit 02
02

1 Beds

1 Baths

0 sqft

Days On Market35

DateStatusPrice
2023-12-07Closed$100,000
MLS#: 11922809
Unit 1
1

1 Beds

1 Baths

800 sqft

Days On Market45

DateStatusPrice
2024-03-25Closed$115,000
MLS#: 11978157
Unit 3
3

1 Beds

1 Baths

700 sqft

Days On Market49

DateStatusPrice
2023-12-19Closed$79,950
MLS#: 11920964
View Complete Unit Listing HistorySource By: MRED

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)
Oak Terrace Apartments$144/sqft.$4 /sqft.
15732 Terrace Dr$158/sqft.$5 /sqft.
Oak Terrace Apartments$158/sqft.$5 /sqft.
15712 Terrace Dr$168/sqft.$4 /sqft.
Oak Terrace Apartments$168/sqft.$4 /sqft.
Oak Terrace Apartments$127/sqft.$5 /sqft.

Nearby Schools

Discover top-rated schools located close to Oak Terrace Apartments.

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|0.43 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|0.82 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|0.99 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.21 miles away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.23 miles away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.23 miles away
Schoolsarrow right
View nearby schools
Next

Schools

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|1.21 Miles Away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.23 Miles Away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.23 Miles Away

Communication Development Program

--
Public|Grades –
6020 151st St|1.26 Miles Away

Project Challenge

--
Public|Grades –
6020 151st St|1.26 Miles Away

Braun Educational Center

--
Public|Grades –
6020 151st St|1.26 Miles Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|1.26 Miles Away

Destiny Program

--
Public|Grades –
6020 151st St|1.26 Miles Away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1.45 Miles Away

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|1.57 Miles Away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.86 Miles Away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|2.01 Miles Away

Bert H Fulton School

A
Public|Grades PK–5
6601 171st St|2.55 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

159th St & Terrace Dr

0.26 miles away|6 min walk

159th St & Arroyo Dr

0.3 miles away|6 min walk

159th St & Peggy Ln

0.46 miles away|9 min walk

159th St & Rob Roy Dr

0.49 miles away|10 min walk

159th St & Central Ave

0.65 miles away|13 min walk

159th St & Ridgeland Ave

0.7 miles away|14 min walk
Transitarrow right
View nearby transit options
Next

Transit

159th St & Terrace Dr

0.26 miles away|6 min walk

159th St & Arroyo Dr

0.3 miles away|6 min walk

159th St & Peggy Ln

0.46 miles away|9 min walk

159th St & Rob Roy Dr

0.49 miles away|10 min walk

159th St & Central Ave

0.65 miles away|13 min walk

159th St & Ridgeland Ave

0.7 miles away|14 min walk

159th St & Debra Ave

0.94 miles away|19 min walk

159th St & Debra Dr

0.95 miles away|19 min walk

159th St & Lorel Ave

1.09 miles away|21 min walk

6701 159th St (Ingalls Family Care)

1.16 miles away|23 min walk

159th St & Laramie Ave

1.33 miles away|26 min walk

159th St & Oak Park Ave

1.42 miles away|28 min walk

159th St & Le Claire Ave

1.51 miles away|29 min walk

Centennial Dr & Oak Park Ave

1.54 miles away|30 min walk

16130 Oak Park Ave

1.58 miles away|31 min walk

16136 Oak Park Ave

1.59 miles away|31 min walk

Oak Park Ave & 163rd Pl

1.68 miles away|33 min walk

159th St & 71st Ct

1.78 miles away|35 min walk

Centennial Dr & Lexington Ct (W)

1.79 miles away|35 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

1.84 miles away|36 min walk

Oak Forest

1.89 miles away|37 min walk

Oak Park Ave & 165th Pl

1.9 miles away|37 min walk

159th St & Cicero Ave (Metra Station)

1.92 miles away|37 min walk

159th St & Harlem Ave

1.93 miles away|37 min walk

Harlem Ave & 157th St

1.98 miles away|38 min walk

Harlem Ave & 159th St

2 miles away|39 min walk

Cicero Ave & 157th St

2 miles away|39 min walk

15840 S Cicero Ave

2.02 miles away|39 min walk

Harlem Ave & Wheeler Dr

2.02 miles away|39 min walk

Oak Forest Metra (15801 Cicero Ave)

2.02 miles away|39 min walk

Cicero Ave & Waverly Ave

2.02 miles away|39 min walk

Cicero Ave & 159th St

2.03 miles away|39 min walk

Cicero Ave & 155th St

2.03 miles away|39 min walk

Centennial Dr & Brementowne Dr

2.05 miles away|40 min walk

Harlem Ave & 161st St

2.06 miles away|40 min walk

Oak Park Ave & 167th St

2.07 miles away|40 min walk

Centennial Dr & Brementowne Rd

2.08 miles away|40 min walk

Cicero Ave & 154th St

2.09 miles away|40 min walk

Harlem Ave & 153rd St

2.12 miles away|41 min walk

159th St & Park Center Dr

2.13 miles away|41 min walk

Cicero Ave & 153rd St

2.15 miles away|42 min walk

Cicero Ave & 152nd St

2.21 miles away|43 min walk

159th St & Forest Dr

2.27 miles away|44 min walk

159th St & Forest Dr (Oak Forest Hospital)

2.27 miles away|44 min walk

Cicero Ave & 151st St

2.29 miles away|44 min walk

159th St & Olcott Ave

2.31 miles away|45 min walk

Oak Park Ave & 169th St

2.36 miles away|46 min walk

Cicero Ave & 149th St

2.47 miles away|48 min walk

167th St & Cicero Ave

2.6 miles away|50 min walk

Oak Park Ave & 171st St

2.62 miles away|51 min walk

Cicero Ave & 147th St

2.64 miles away|51 min walk

159th St & 76th Ave

2.64 miles away|51 min walk

The Neighborhood:

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  1. Home
  2. /Oak Forest, IL
  3. /
    Oak Terrace Apartments
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