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

Oak Terrace Apartments

15818 Terrace Drive, Oak Forest, IL, 60452

Oak Terrace ApartmentsCommunity
0 Units for Sale

Front view of a three-story brick apartment building with multiple windows.View Listing
MLS ID #12077485
Front view of a three-story brick apartment building with multiple windows.View ListingMLS ID #12077485
Front view of a multi-story brick buildingView ListingMLS ID #10597244
Front view of a brick apartment building with large windows and a glass entrance door.View ListingMLS ID #12077485
Elevated view of a brick building with sliding glass doors and a balcony above.View ListingMLS ID #12077485
YearBuilt

Year Built

1975

Stories

# Stories

3

#TotalUnits

# Total Units

7
UnitSizeRange

Unit Size Range

950-1,050 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Oak Terrace Apartments

Oak Terrace Apartments is a charming three-story residential building constructed in 1975, located on Terrace Drive in Oak Forest. The building offers a variety of spacious 1 and 2-bedroom units, thoughtfully designed for comfortable living. Residents of Oak Terrace Apartments benefit from an array of practical amenities, including on-site laundry facilities, secure parking, and a dedicated storage area for each unit, providing convenient solutions for everyday needs. The building's architecture features classic design elements characteristic of the mid-1970s, with durable brickwork and large windows that allow for abundant natural light in each apartment. Despite the absence of a waterfront, the complex is set amidst lush greenery, offering a peaceful and serene environment for its residents. The Oak Terrace Apartments are situated in a neighborhood known for its well-maintained parks, family-friendly atmosphere, and convenient access to local shops and services. Public transportation options and major roadways are easily accessible, providing residents with connections to a wider urban area. The zipcode 60452 is recognized for its blend of suburban tranquility and practical urban living, making Oak Terrace Apartments a unique residence option for those seeking comfort and convenience.

Front view of a three-story brick apartment building with multiple windows.View Listing
MLS ID #12077485
Front view of a three-story brick apartment building with multiple windows.View ListingMLS ID #12077485
Front view of a multi-story brick buildingView ListingMLS ID #10597244
Front view of a brick apartment building with large windows and a glass entrance door.View ListingMLS ID #12077485
Elevated view of a brick building with sliding glass doors and a balcony above.View ListingMLS ID #12077485

Amenities

Living here means you’ll have access to a wonderful array of amenities that cater to an active lifestyle. Picture summer days spent lounging by the sparkling pool, evenings engaging in friendly matches on the tennis courts, or hosting gatherings in the clubhouse or party room. The cozy patio is perfect for getting to know your neighbors over a cup of coffee or planning weekend barbecues. Plus, there’s a park nearby where you can unwind and enjoy nature—all within easy reach!

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

Building Policies

Pet lovers can breathe a sigh of relief because Oak Terrace Apartments is pet-friendly, allowing both cats and dogs to join your household. However, do note that there are size limits in place for pets. Understanding these details can help ease your move and make it feel like home right from the start!

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
Calendar39
Avg. Sale Price
$160,000 ($160/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$5 /monthly

Oak Terrace Apartments Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit R01R01100021382024-07-15
MLS#: 12077485
Closed$160,000
Unit 0303850111082020-04-10
MLS#: 10597244
Closed$60,000
Unit 2W2W-211082007-10-05
MLS#: 06557872
Closed$122,000
Unit 03
03

1 Beds

1 Baths

850 sqft

Days On Market108

DateStatusPrice
2020-04-10Closed$60,000
MLS#: 10597244
Unit 2W
2W

2 Beds

1 Baths

0 sqft

Days On Market108

DateStatusPrice
2007-10-05Closed$122,000
MLS#: 06557872
Unit R01
R01

2 Beds

1 Baths

1000 sqft

Days On Market38

DateStatusPrice
2024-07-15Closed$160,000
MLS#: 12077485
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$160/sqft.$5 /sqft.
15818 Terrace Dr$160/sqft.$5 /sqft.
Oak Terrace Apartments$156/sqft.$5 /sqft.
15832 S Terrace Dr$156/sqft.$5 /sqft.
Oak Terrace Apartments$158/sqft.$5 /sqft.
15732 Terrace Dr$158/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|0.47 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|0.91 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|1.05 miles away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.25 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.26 miles away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.32 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|1.05 Miles Away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.25 Miles Away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.26 Miles Away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.32 Miles Away

Communication Development Program

--
Public|Grades –
6020 151st St|1.35 Miles Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|1.35 Miles Away

Project Challenge

--
Public|Grades –
6020 151st St|1.35 Miles Away

Braun Educational Center

--
Public|Grades –
6020 151st St|1.35 Miles Away

Destiny Program

--
Public|Grades –
6020 151st St|1.35 Miles Away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1.36 Miles Away

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|1.59 Miles Away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.91 Miles Away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|2.06 Miles Away

Bert H Fulton School

A
Public|Grades PK–5
6601 171st St|2.47 Miles Away

Arbor Park Middle School

B
Public|Grades 5–8
17303 Central Ave|2.64 Miles Away

Morton Gingerwood Elementary School

--
Public|Grades 1–2
16936 Forest Ave|2.64 Miles Away

Transit

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

159th St & Terrace Dr

0.17 miles away|4 min walk

159th St & Arroyo Dr

0.24 miles away|5 min walk

159th St & Peggy Ln

0.39 miles away|8 min walk

159th St & Rob Roy Dr

0.48 miles away|10 min walk

159th St & Central Ave

0.59 miles away|12 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

0.17 miles away|4 min walk

159th St & Arroyo Dr

0.24 miles away|5 min walk

159th St & Peggy Ln

0.39 miles away|8 min walk

159th St & Rob Roy Dr

0.48 miles away|10 min walk

159th St & Central Ave

0.59 miles away|12 min walk

159th St & Ridgeland Ave

0.7 miles away|14 min walk

159th St & Debra Ave

0.9 miles away|18 min walk

159th St & Debra Dr

0.91 miles away|18 min walk

159th St & Lorel Ave

1.05 miles away|21 min walk

6701 159th St (Ingalls Family Care)

1.17 miles away|23 min walk

159th St & Laramie Ave

1.29 miles away|25 min walk

159th St & Oak Park Ave

1.43 miles away|28 min walk

159th St & Le Claire Ave

1.47 miles away|29 min walk

Centennial Dr & Oak Park Ave

1.53 miles away|30 min walk

16130 Oak Park Ave

1.56 miles away|30 min walk

16136 Oak Park Ave

1.56 miles away|30 min walk

Oak Park Ave & 163rd Pl

1.65 miles away|32 min walk

Centennial Dr & Lexington Ct (W)

1.78 miles away|35 min walk

159th St & 71st Ct

1.79 miles away|35 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

1.83 miles away|36 min walk

Oak Forest

1.86 miles away|36 min walk

Oak Park Ave & 165th Pl

1.86 miles away|36 min walk

159th St & Cicero Ave (Metra Station)

1.89 miles away|37 min walk

159th St & Harlem Ave

1.94 miles away|38 min walk

Cicero Ave & 157th St

1.98 miles away|39 min walk

15840 S Cicero Ave

1.99 miles away|39 min walk

Cicero Ave & 159th St

1.99 miles away|39 min walk

Oak Forest Metra (15801 Cicero Ave)

1.99 miles away|39 min walk

Cicero Ave & Waverly Ave

2 miles away|39 min walk

Harlem Ave & 157th St

2.01 miles away|39 min walk

Harlem Ave & 159th St

2.01 miles away|39 min walk

Oak Park Ave & 167th St

2.02 miles away|39 min walk

Cicero Ave & 155th St

2.02 miles away|39 min walk

Centennial Dr & Brementowne Dr

2.03 miles away|39 min walk

Harlem Ave & Wheeler Dr

2.06 miles away|40 min walk

Harlem Ave & 161st St

2.06 miles away|40 min walk

Centennial Dr & Brementowne Rd

2.07 miles away|40 min walk

Cicero Ave & 154th St

2.09 miles away|41 min walk

159th St & Park Center Dr

2.15 miles away|42 min walk

Cicero Ave & 153rd St

2.16 miles away|42 min walk

Harlem Ave & 153rd St

2.18 miles away|42 min walk

Cicero Ave & 152nd St

2.23 miles away|43 min walk

159th St & Forest Dr

2.24 miles away|43 min walk

159th St & Forest Dr (Oak Forest Hospital)

2.24 miles away|43 min walk

Oak Park Ave & 169th St

2.3 miles away|44 min walk

Cicero Ave & 151st St

2.31 miles away|45 min walk

159th St & Olcott Ave

2.33 miles away|45 min walk

Cicero Ave & 149th St

2.51 miles away|49 min walk

167th St & Cicero Ave

2.52 miles away|49 min walk

Oak Park Ave & 171st St

2.56 miles away|50 min walk

159th St & 76th Ave

2.66 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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