HeaderIcon
  1. Agent Logo

Explore by Metro

  • Atlanta
  • Baltimore
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Philadelphia
  • Phoenix
  • Queens
  • San Diego
  • San Jose
  • Tampa
  • Washington
HeaderIcon

Explore by Metro

  • Atlanta
  • Baltimore
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Philadelphia
  • Phoenix
  • Queens
  • San Diego
  • San Jose
  • Tampa
  • Washington
leftArrowBack to Search
  1. Home
  2. /
  3. Oak Forest, IL
  4. /
  5. Oak Terrace Apartments
Add to favoritesAdd to favorites (hover)
Save
leftArrow
Add to favoritesAdd to favorites (hover)

Oak Terrace Apartments

15802 Terrace Drive, Oak Forest, IL, 60452
Oak Terrace Apartments

YEAR BUILT

1977

# STORIES

3

# TOTAL UNITS

4

UNIT SIZE RANGE

750-850 sqft

Description

Oak Terrace Apartments, located at 15802 Terrace Drive, Oak Forest, IL, stands as a three-story residential complex established in 1977. This well-maintained building is noted for its classic architectural style, characterized by a timeless brick facade and practical design elements. Oak Terrace Apartments offer a range of unit options, catering to diverse living needs. Residents of this community benefit from several on-site amenities designed for comfort and convenience. The complex features a secure entry system, ensuring safety and peace of mind. Ample parking space is available, providing residents with easy and hassle-free parking. Additionally, a communal laundry facility is present, making daily tasks more manageable for residents. Set within a serene and established community, Oak Terrace Apartments are strategically positioned to cater to the needs of modern living. While not situated on the waterfront, the apartments still offer the tranquility of suburban living combined with proximity to essential services and local schools. The surrounding area is home to various parks, providing ample green space for outdoor activities and relaxation. With its convenient location and practical features, Oak Terrace Apartments present an ideal living environment for those seeking a balanced lifestyle.

Building Image
Building Image

Oak Terrace Apartments

15802 Terrace Drive, Oak Forest, IL, 60452


Oak Terrace Apartments

YEAR BUILT

1977

# STORIES

3

# TOTAL UNITS

4

UNIT SIZE RANGE

750-850 sqft

Description

Oak Terrace Apartments, located at 15802 Terrace Drive, Oak Forest, IL, stands as a three-story residential complex established in 1977. This well-maintained building is noted for its classic architectural style, characterized by a timeless brick facade and practical design elements. Oak Terrace Apartments offer a range of unit options, catering to diverse living needs. Residents of this community benefit from several on-site amenities designed for comfort and convenience. The complex features a secure entry system, ensuring safety and peace of mind. Ample parking space is available, providing residents with easy and hassle-free parking. Additionally, a communal laundry facility is present, making daily tasks more manageable for residents. Set within a serene and established community, Oak Terrace Apartments are strategically positioned to cater to the needs of modern living. While not situated on the waterfront, the apartments still offer the tranquility of suburban living combined with proximity to essential services and local schools. The surrounding area is home to various parks, providing ample green space for outdoor activities and relaxation. With its convenient location and practical features, Oak Terrace Apartments present an ideal living environment for those seeking a balanced lifestyle.

Next

Description

Oak Terrace Apartments, located at 15802 Terrace Drive, Oak Forest, IL, stands as a three-story residential complex established in 1977. This well-maintained building is noted for its classic architectural style, characterized by a timeless brick facade and practical design elements. Oak Terrace Apartments offer a range of unit options, catering to diverse living needs. Residents of this community benefit from several on-site amenities designed for comfort and convenience. The complex features a secure entry system, ensuring safety and peace of mind. Ample parking space is available, providing residents with easy and hassle-free parking. Additionally, a communal laundry facility is present, making daily tasks more manageable for residents. Set within a serene and established community, Oak Terrace Apartments are strategically positioned to cater to the needs of modern living. While not situated on the waterfront, the apartments still offer the tranquility of suburban living combined with proximity to essential services and local schools. The surrounding area is home to various parks, providing ample green space for outdoor activities and relaxation. With its convenient location and practical features, Oak Terrace Apartments present an ideal living environment for those seeking a balanced lifestyle.

Oak Terrace Apartments Key Stats Last 12 months

Avg. Listed Price$118,500($149/Sqft.)

Avg. Sale Price$112,000($140/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market18 days

Average HOA fees per sqft$4 /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 Market18 days

Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
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

Medium
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

Oak Terrace Apartments Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 3E3E80011182024-06-17
MLS#: 12069320
Closed$112,000
Unit 1170011522022-04-20
MLS#: 11334127
Closed$80,000
Unit RO3RO3-21772015-08-03
MLS#: 08926041
Closed$48,000
Unit 1
1

1 Beds

1 Baths

700 sqft


DateStatusPrice
2022-04-20Closed$80,000
MLS#: 11334127
Days On Market52
Unit 3E
3E

1 Beds

1 Baths

800 sqft


DateStatusPrice
2024-06-17Closed$112,000
MLS#: 12069320
Days On Market18
Unit RO3
RO3

2 Beds

1 Baths

0 sqft


DateStatusPrice
2015-08-03Closed$48,000
MLS#: 08926041
Days On Market77
View Complete Unit Listing HistorySource By: MRED

Amenities

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

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Patio

Patio

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

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)
No nearby building(s) data available.

Nearby Schools

Residents of Oak Terrace Apartments enjoy access to nearby educational institutions across Oak Forest. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|0.33 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|0.65 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|0.77 miles away

St Damian School

--
Private|Grades PK–8
5300 155th St|0.92 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|0.92 miles away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|0.96 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of Oak Terrace Apartments enjoy access to nearby educational institutions across Oak Forest. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

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

St Damian School

--
Private|Grades PK–8
5300 155th St|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

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|1.04 Miles Away

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|1.19 Miles Away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.41 Miles Away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|1.52 Miles Away

Bert H Fulton School

A
Public|Grades PK–5
6601 171st St|1.87 Miles Away

Morton Gingerwood Elementary School

--
Public|Grades 1–2
16936 Forest Ave|1.99 Miles Away

Arbor Park Middle School

B
Public|Grades 5–8
17303 Central Ave|1.99 Miles Away

Transit

Situated in , Oak Terrace Apartments 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.

15840 S Cicero Ave

1.49 miles away|29 min walk

159th St & 71st Ct

1.35 miles away|26 min walk

159th St & 76th Ave

1.99 miles away|39 min walk

159th St & Arroyo Dr

0.2 miles away|4 min walk

159th St & Central Ave

0.45 miles away|9 min walk

159th St & Cicero Ave (Metra Station)

1.42 miles away|28 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Situated in , Oak Terrace Apartments 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.

15840 S Cicero Ave

1.49 miles away|29 min walk

159th St & 71st Ct

1.35 miles away|26 min walk

159th St & 76th Ave

1.99 miles away|39 min walk

159th St & Arroyo Dr

0.2 miles away|4 min walk

159th St & Central Ave

0.45 miles away|9 min walk

159th St & Cicero Ave (Metra Station)

1.42 miles away|28 min walk

159th St & Debra Ave

0.67 miles away|13 min walk

159th St & Debra Dr

0.69 miles away|14 min walk

159th St & Forest Dr

1.68 miles away|33 min walk

159th St & Forest Dr (Oak Forest Hospital)

1.68 miles away|33 min walk

159th St & Harlem Ave

1.46 miles away|28 min walk

159th St & Laramie Ave

0.97 miles away|19 min walk

159th St & Le Claire Ave

1.1 miles away|22 min walk

159th St & Lorel Ave

0.79 miles away|16 min walk

159th St & Oak Park Ave

1.07 miles away|21 min walk

159th St & Olcott Ave

1.75 miles away|34 min walk

159th St & Park Center Dr

1.61 miles away|31 min walk

159th St & Peggy Ln

0.3 miles away|6 min walk

159th St & Ridgeland Ave

0.53 miles away|11 min walk

159th St & Rob Roy Dr

0.37 miles away|8 min walk

159th St & Terrace Dr

0.15 miles away|3 min walk

16130 Oak Park Ave

1.18 miles away|23 min walk

16136 Oak Park Ave

1.18 miles away|23 min walk

167th St & Cicero Ave

1.9 miles away|37 min walk

6701 159th St (Ingalls Family Care)

0.88 miles away|17 min walk

Centennial Dr & Brementowne Dr

1.53 miles away|30 min walk

Centennial Dr & Brementowne Rd

1.56 miles away|30 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

1.38 miles away|27 min walk

Centennial Dr & Lexington Ct (W)

1.34 miles away|26 min walk

Centennial Dr & Oak Park Ave

1.15 miles away|23 min walk

Cicero Ave & 147th St

1.98 miles away|39 min walk

Cicero Ave & 149th St

1.86 miles away|36 min walk

Cicero Ave & 151st St

1.71 miles away|33 min walk

Cicero Ave & 152nd St

1.66 miles away|32 min walk

Cicero Ave & 153rd St

1.6 miles away|31 min walk

Cicero Ave & 154th St

1.56 miles away|30 min walk

Cicero Ave & 155th St

1.51 miles away|29 min walk

Cicero Ave & 157th St

1.48 miles away|29 min walk

Cicero Ave & 159th St

1.49 miles away|29 min walk

Cicero Ave & Waverly Ave

1.5 miles away|29 min walk

Harlem Ave & 153rd St

1.62 miles away|32 min walk

Harlem Ave & 157th St

1.5 miles away|29 min walk

Harlem Ave & 159th St

1.51 miles away|29 min walk

Harlem Ave & 161st St

1.55 miles away|30 min walk

Harlem Ave & Wheeler Dr

1.54 miles away|30 min walk

Oak Forest

1.39 miles away|27 min walk

Oak Forest Metra (15801 Cicero Ave)

1.49 miles away|29 min walk

Oak Park Ave & 163rd Pl

1.25 miles away|24 min walk

Oak Park Ave & 165th Pl

1.41 miles away|27 min walk

Oak Park Ave & 167th St

1.53 miles away|30 min walk

The Neighbourhood: Oak Terrace Apartments

Similar Buildings Nearby

Add to favoritesAdd to favorites (hover)
Oak Terrace Apartments
15832 Terrace Drive, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
15832 S Terrace Dr
15832 S Terrace Dr, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
Scarborough Fare
14505 Central Court, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
14505 Central Ct
14505 Central Ct, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
Oak Terrace Apartments
15832 Terrace Drive, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
15832 S Terrace Dr
15832 S Terrace Dr, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
Scarborough Fare
14505 Central Court, Oak Forest, IL
Click to see listings
View All Similar Buildings

Oak Terrace Apartments Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.08% are children aged 0–14, 16.89% are young adults between 15–29, 20.02% are adults aged 30–44, 22% are in the 45–59 range and 22% are seniors aged 60 and above. Commuting options are also varying where 86.77% of residents relying on driving, while others prefer public transit around 3.89%, walking around 2.15%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 77.3% of units owner occupied and 22.7% are rented. The neighborhood offers different household types. About 25.91% are single family homes and 13.85% are multi family units. Around 24.76% are single-person households, while 75.24% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 19.7% of residents have bachelor’s degrees. Around 28.43% have high school or college education. Another 10.93% hold diplomas while 8.62% have completed postgraduate studies. The remaining are 32.31% with other types of qualifications.

Next

Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.08% are children aged 0–14, 16.89% are young adults between 15–29, 20.02% are adults aged 30–44, 22% are in the 45–59 range and 22% are seniors aged 60 and above. Commuting options are also varying where 86.77% of residents relying on driving, while others prefer public transit around 3.89%, walking around 2.15%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 77.3% of units owner occupied and 22.7% are rented. The neighborhood offers different household types. About 25.91% are single family homes and 13.85% are multi family units. Around 24.76% are single-person households, while 75.24% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 19.7% of residents have bachelor’s degrees. Around 28.43% have high school or college education. Another 10.93% hold diplomas while 8.62% have completed postgraduate studies. The remaining are 32.31% with other types of qualifications.

Age Demographics

0–14 Years

19.08%

15–29 Years

16.89%

30–44 Years

20.02%

45–59 Years

22%

60+ Years

22%

Commute

3.89%

Transit

2.15%

Walk

86.77%

Drive

0%

Bike

Housing Ownership

77.3%

Owner Occupied

22.7%

Rental Units

Household Types

Single Family
25.91%
Multi Family
13.85%
Single Person
24.76%
Multi Person
75.24%

Average Income

Household:$8,933,585.74 /yr

Individual:$3,710,785.28 /yr

Education

Bachelors Degree19.7%
High School College28.43%
Diploma10.93%
Post Graduate8.62%
Others32.31%
Next

Education

Diploma10.93%
Post Graduate8.62%
Others32.31%
Get the HelloCondo Newsletter
Real-estate tips, insights, and market reports in your inbox.
Newsletter
  1. Home
  2. /Oak Forest, IL
  3. /
    Oak Terrace Apartments
Nearby Cities
Sandwich
Buildings
15700 S Terrace Dr
15704 S Terrace Dr Dr
15708 Terrace Dr
15712 Terrace Dr
15724 Terrace Dr
15732 Terrace Dr
15818 Terrace Dr
15820 Terrace Dr
15830 S Terrace Dr
15832 S Terrace Dr
Oak Terrace Apartments
Neighborhoods
Argonne National LaboratoryArmour SquareAshburn
AustinBelmont CraginBeverlyChicago Midway International AirportChicago O'Hare International AirportJackson ParkLogan SquareMontclareNew CityNew LenoxNorth EastNorth RiverRiver NorthSouth EndSouth SideWaukegan National AirportWest Lawn
ZIP Codes
600186006960071
6008260110601306014660165601956030460305604016046760481605596062060639606476066060707
Community
10400 Oakville Condominiums10739 South Pulaski Condominiums13330 - 13334 Moraine Drive Condominiums
15249 - 15255 Catalina Drive Condominiums15259-15263 Catalina Drive Condominiums4410 West 111th Street Condominiums7422 - 7428 West 153rd Street Condominiums7432-7438 West 153rd Street Condominiums7442-7448 West 153rd Street CondominiumsAcorn GlenAlpine HeightsAlsip Woods CondominiumsApple II CondominiumsApplegateArbor Glen of AlsipArbor Worth CondominiumsAshford Manor WestAustin View CondominiumsAvenel TownhomesAvondale Meadows
HelloCondo Logo
HelloCondo Logo
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

FacebookIconInstagramIconXIconRedditIcon

HelloCondo

Find A RealtorTerms of UsePrivacy PolicyCalifornia Privacy NoticeAccessibility PolicyCCPA Notice on CollectionDMCABrowseNYS Standard Operating ProcedureNYS Fair Housing Notice

Contact

LocationIcon
300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
PhoneICon
(855) 625-0319
EmailIConhello@hellocondo.com
Contact Us

For Sale

Condos for saleTownhomes for sale
AgentIcon
LocationIcon

Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

PhoneICon847-668-3774
EmailIConpaul@illinoispropertysearch.com
© HelloCondo 2026. All Rights Reserved.