Year Built
1975
# Stories
3
# Total Units
8
Unit Size Range
950-1,050 sqft
Unit Demand
Medium
Unit Availability
Low
About Oak Terrace Apartments
Oak Terrace Apartments at 15812 Terrace Drive, Oak Forest, IL, presents a charming three-story residential building constructed in 1975. Offering comfortable living spaces, this building includes various apartment layouts designed to accommodate diverse lifestyles. Despite lacking waterfront views, Oak Terrace Apartments compensates with inviting green spaces and a well-maintained courtyard, providing a serene environment for residents. The building features practical amenities, including on-site laundry facilities, ample parking spaces, and secured entry systems, ensuring convenience and safety. The robust construction from the mid-70s showcases durable materials and classic architectural elements that have stood the test of time. Additionally, its prime location within the 60452 ZIP code area ensures easy access to local shopping centers, dining options, and public transportation routes, enhancing the overall living experience. Proximity to parks and community services further adds to the building's appeal for families and individuals seeking a harmonious blend of comfort and accessibility.
Amenities
Life at Oak Terrace Apartments is made even better with a selection of delightful amenities on offer. You’ll find a tennis court where you can unleash your competitive spirit, a refreshing pool perfect for those hot summer days, and a charming patio to relax or entertain friends. Hosting gatherings is easy with a dedicated party room at your disposal, ensuring that you’ll always have a space for celebrations and memories.
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
Living at Oak Terrace Apartments comes with the perks of pet-friendly policies – yes, cats and dogs are welcome! We know how important it is to have your furry best friend by your side. However, remember there are limits on the number of pets, which helps maintain a peaceful living environment for all residents.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
Oak Terrace Apartments Market Report (last 12 months)
1
125
1Oak Terrace Apartments Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | R01 | 700 | 2 | 1 | 124 | 2025-06-16 MLS#: 12289113 | Closed | $156,000 |
 | 1E | 800 | 1 | 1 | 42 | 2022-09-23 MLS#: 11466998 | Closed | $87,000 |
 | RO2 | 1000 | 2 | 1 | 134 | 2021-02-10 MLS#: 10886229 | Closed | $93,900 |
1 Beds
1 Baths
800 sqft
| Date | Status | Price |
|---|---|---|
| 2022-09-23 | Closed | $87,000 |
2 Beds
1 Baths
700 sqft
| Date | Status | Price |
|---|---|---|
| 2025-06-16 | Closed | $156,000 |
2 Beds
1 Baths
1000 sqft
| Date | Status | Price |
|---|---|---|
| 2021-02-10 | Closed | $93,900 |
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 Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| Oak Terrace Apartments | $223/sqft. | - |
| Oak Terrace Apartments | $160/sqft. | $5 /sqft. |
| 15818 Terrace Dr | $160/sqft. | $5 /sqft. |
| Oak Terrace Apartments | $158/sqft. | $5 /sqft. |
| 15732 Terrace Dr | $158/sqft. | $5 /sqft. |
| Oak Terrace Apartments | $156/sqft. | $5 /sqft. |
Nearby Schools
Discover top-rated schools located close to Oak Terrace Apartments.
Scarlet Oak Elementary School
B-Lee R Foster Elementary School
A-Walter F Fierke Education Center
B-St Damian School
--Oak Forest High School
A-Jack Hille Middle School
C-
View nearby schools
Schools
Scarlet Oak Elementary School
B-Lee R Foster Elementary School
A-Walter F Fierke Education Center
B-St Damian School
--Oak Forest High School
A-Jack Hille Middle School
C-Destiny Program
--Project Challenge
--Braun Educational Center
--Communication Development Program
--Deaf/Hard of Hearing Program
--Kimberly Heights Elementary School
--Trinity Lutheran School
--Kerkstra Elementary School
A+Ridge Early Childhood Center
--Bert H Fulton School
AMorton Gingerwood Elementary School
--Arbor Park Middle School
BTransit
Experience convenience and connectivity with premium transit options just moments away.
159th St & Terrace Dr
159th St & Arroyo Dr
159th St & Peggy Ln
159th St & Rob Roy Dr
159th St & Central Ave
159th St & Ridgeland Ave
View nearby transit options
Transit
159th St & Terrace Dr
159th St & Arroyo Dr
159th St & Peggy Ln
159th St & Rob Roy Dr
159th St & Central Ave
159th St & Ridgeland Ave
159th St & Debra Ave
159th St & Debra Dr
159th St & Lorel Ave
6701 159th St (Ingalls Family Care)
159th St & Laramie Ave
159th St & Le Claire Ave
159th St & Oak Park Ave
Centennial Dr & Oak Park Ave
16130 Oak Park Ave
16136 Oak Park Ave
Oak Park Ave & 163rd Pl
Centennial Dr & Lexington Ct (W)
159th St & 71st Ct
Oak Forest
159th St & Cicero Ave (Metra Station)
Centennial Dr & Centennial Cir / Plymouth Ct (E)
Oak Park Ave & 165th Pl
Cicero Ave & 157th St
15840 S Cicero Ave
Oak Forest Metra (15801 Cicero Ave)
Cicero Ave & 159th St
159th St & Harlem Ave
Cicero Ave & Waverly Ave
Cicero Ave & 155th St
Harlem Ave & 157th St
Harlem Ave & 159th St
Oak Park Ave & 167th St
Cicero Ave & 154th St
Centennial Dr & Brementowne Dr
Harlem Ave & Wheeler Dr
Harlem Ave & 161st St
Centennial Dr & Brementowne Rd
Cicero Ave & 153rd St
159th St & Park Center Dr
Cicero Ave & 152nd St
Harlem Ave & 153rd St
159th St & Forest Dr
159th St & Forest Dr (Oak Forest Hospital)
Cicero Ave & 151st St
Oak Park Ave & 169th St
159th St & Olcott Ave
Cicero Ave & 149th St
167th St & Cicero Ave
Oak Park Ave & 171st St
Cicero Ave & 147th St
The Neighborhood:
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