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

15820 Terrace Drive, Oak Forest, IL, 60452 |Oak Terrace Apartments

YEAR BUILT

1978

# STORIES

1

# TOTAL UNITS

10

UNIT SIZE RANGE

950-1,050 sqft

Description

Oak Terrace Apartments sits at 15820 Terrace Drive in Oak Forest. This building lies near the intersection of 167th Street and Cicero Avenue. Lake Katherine is nearby, adding to the area's charm. The low-rise structure has only 1 story. The building contains 10 units, which range from 950 to 1,050 square feet. Unit layouts include both 1 and 2 bedrooms, making it suitable for different lifestyles. The construction of the building finished in 1978, giving it a bit of history within the neighborhood. Unit prices range from $100,000 to $107,000. This pricing can attract a variety of buyers. The average price per square foot tends to reflect the options available in the area. Residents enjoy several amenities, including a school bus service, tennis courts, and a pool. There is also a bike room and bike trails for those who enjoy outdoor activities. A party room offers a space for gatherings and events. Nearby dining options include Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. These restaurants can serve various tastes and preferences. Local roads and amenities make the location practical for everyday life.

Building ImageMLS ID #11296696
Building ImageMLS ID #11849323
Building Image
Building ImageView Listing

Oak Terrace Apartments

15820 Terrace Drive, Oak Forest, IL, 60452

|Oak Terrace Apartments

YEAR BUILT

1978

# STORIES

1

# TOTAL UNITS

10

UNIT SIZE RANGE

950-1,050 sqft

Description

Oak Terrace Apartments sits at 15820 Terrace Drive in Oak Forest. This building lies near the intersection of 167th Street and Cicero Avenue. Lake Katherine is nearby, adding to the area's charm. The low-rise structure has only 1 story. The building contains 10 units, which range from 950 to 1,050 square feet. Unit layouts include both 1 and 2 bedrooms, making it suitable for different lifestyles. The construction of the building finished in 1978, giving it a bit of history within the neighborhood. Unit prices range from $100,000 to $107,000. This pricing can attract a variety of buyers. The average price per square foot tends to reflect the options available in the area. Residents enjoy several amenities, including a school bus service, tennis courts, and a pool. There is also a bike room and bike trails for those who enjoy outdoor activities. A party room offers a space for gatherings and events. Nearby dining options include Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. These restaurants can serve various tastes and preferences. Local roads and amenities make the location practical for everyday life.

Next

Description

Oak Terrace Apartments sits at 15820 Terrace Drive in Oak Forest. This building lies near the intersection of 167th Street and Cicero Avenue. Lake Katherine is nearby, adding to the area's charm. The low-rise structure has only 1 story. The building contains 10 units, which range from 950 to 1,050 square feet. Unit layouts include both 1 and 2 bedrooms, making it suitable for different lifestyles. The construction of the building finished in 1978, giving it a bit of history within the neighborhood. Unit prices range from $100,000 to $107,000. This pricing can attract a variety of buyers. The average price per square foot tends to reflect the options available in the area. Residents enjoy several amenities, including a school bus service, tennis courts, and a pool. There is also a bike room and bike trails for those who enjoy outdoor activities. A party room offers a space for gatherings and events. Nearby dining options include Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. These restaurants can serve various tastes and preferences. Local roads and amenities make the location practical for everyday life.

Oak Terrace Apartments Market Stats Last 12 months

Avg. Listed Price-
Avg. Sale Price-
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings0 Listed
Total sold0 Sold
Average Days on Market0 days
Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%
Year over year sale price0.00%
Total Listings0 Listed
Total sold0 Sold
Average Days on Market0 days
Average HOA fees per sqft-

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 1170011362023-09-08
MLS#: 11849323 		Closed$107,000
Unit RO3RO3100021502021-06-02
MLS#: 11051330 		Closed$90,000
Unit 2S2S-11442007-11-29
MLS#: 06705348 		Closed$100,000
Unit 1
1

1 Beds

1 Baths

700 sqft

DateStatusPrice
2023-09-08Closed$107,000
MLS#: 11849323
Days On Market36
Unit 2S
2S

1 Beds

1 Baths

0 sqft

DateStatusPrice
2007-11-29Closed$100,000
MLS#: 06705348
Days On Market44
Unit RO3
RO3

2 Beds

1 Baths

1000 sqft

DateStatusPrice
2021-06-02Closed$90,000
MLS#: 11051330
Days On Market50
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the standout features of Oak Terrace is the array of amenities that enhance the living experience. Imagine hosting summer barbecues by the pool or engaging in friendly competition on the tennis courts—fun options to unwind after a long day. There's also a party room for those occasions you want to celebrate with family and friends. Plus, for those who enjoy being active, the bike room and surrounding bike trails provide easy access to outdoor adventures. And don't worry if you have a furry friend—cats and dogs are both welcome here!

Next

Amenities Description

One of the standout features of Oak Terrace is the array of amenities that enhance the living experience. Imagine hosting summer barbecues by the pool or engaging in friendly competition on the tennis courts—fun options to unwind after a long day. There's also a party room for those occasions you want to celebrate with family and friends. Plus, for those who enjoy being active, the bike room and surrounding bike trails provide easy access to outdoor adventures. And don't worry if you have a furry friend—cats and dogs are both welcome here!

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

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

When it comes to living arrangements, Oak Terrace plays it fair and simple. The building allows a certain number of pets, so you won’t have to leave your fur babies behind. However, keep in mind that there are size limits on pets, ensuring the community remains comfortable for everyone.

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)
Oak Terrace Apartments--
15818 Terrace Dr$160/sqft.$5 /sqft.
Oak Terrace Apartments$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.

Nearby Schools

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

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|0.5 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|0.94 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|1.04 miles away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.28 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.3 miles away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1.33 miles away
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|1.04 Miles Away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.28 Miles Away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.30 Miles Away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1.33 Miles Away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.35 Miles Away

Project Challenge

--
Public|Grades –
6020 151st St|1.38 Miles Away

Destiny Program

--
Public|Grades –
6020 151st St|1.38 Miles Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|1.38 Miles Away

Braun Educational Center

--
Public|Grades –
6020 151st St|1.38 Miles Away

Communication Development Program

--
Public|Grades –
6020 151st St|1.38 Miles Away

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|1.56 Miles Away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.94 Miles Away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|2.09 Miles Away

Bert H Fulton School

A
Public|Grades PK–5
6601 171st St|2.44 Miles Away

Arbor Park Middle School

B
Public|Grades 5–8
17303 Central Ave|2.62 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

0.16 miles away|3 min walk

159th St & Arroyo Dr

0.21 miles away|5 min walk

159th St & Peggy Ln

0.4 miles away|8 min walk

159th St & Rob Roy Dr

0.45 miles away|9 min walk

159th St & Central Ave

0.61 miles away|12 min walk

159th St & Ridgeland Ave

0.67 miles away|13 min walk
Next

Transit

159th St & Terrace Dr

0.16 miles away|3 min walk

159th St & Arroyo Dr

0.21 miles away|5 min walk

159th St & Peggy Ln

0.4 miles away|8 min walk

159th St & Rob Roy Dr

0.45 miles away|9 min walk

159th St & Central Ave

0.61 miles away|12 min walk

159th St & Ridgeland Ave

0.67 miles away|13 min walk

159th St & Debra Ave

0.91 miles away|18 min walk

159th St & Debra Dr

0.93 miles away|18 min walk

159th St & Lorel Ave

1.07 miles away|21 min walk

6701 159th St (Ingalls Family Care)

1.14 miles away|22 min walk

159th St & Laramie Ave

1.31 miles away|26 min walk

159th St & Oak Park Ave

1.41 miles away|27 min walk

159th St & Le Claire Ave

1.49 miles away|29 min walk

Centennial Dr & Oak Park Ave

1.5 miles away|29 min walk

16130 Oak Park Ave

1.53 miles away|30 min walk

16136 Oak Park Ave

1.53 miles away|30 min walk

Oak Park Ave & 163rd Pl

1.62 miles away|32 min walk

Centennial Dr & Lexington Ct (W)

1.75 miles away|34 min walk

159th St & 71st Ct

1.77 miles away|34 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

1.8 miles away|35 min walk

Oak Park Ave & 165th Pl

1.83 miles away|35 min walk

Oak Forest

1.88 miles away|37 min walk

159th St & Cicero Ave (Metra Station)

1.91 miles away|37 min walk

159th St & Harlem Ave

1.92 miles away|37 min walk

Harlem Ave & 159th St

1.99 miles away|39 min walk

Oak Park Ave & 167th St

1.99 miles away|39 min walk

Harlem Ave & 157th St

1.99 miles away|39 min walk

Centennial Dr & Brementowne Dr

2 miles away|39 min walk

15840 S Cicero Ave

2.01 miles away|39 min walk

Cicero Ave & 157th St

2.01 miles away|39 min walk

Cicero Ave & 159th St

2.01 miles away|39 min walk

Oak Forest Metra (15801 Cicero Ave)

2.01 miles away|39 min walk

Cicero Ave & Waverly Ave

2.03 miles away|39 min walk

Harlem Ave & 161st St

2.03 miles away|39 min walk

Centennial Dr & Brementowne Rd

2.04 miles away|40 min walk

Harlem Ave & Wheeler Dr

2.05 miles away|40 min walk

Cicero Ave & 155th St

2.05 miles away|40 min walk

Cicero Ave & 154th St

2.12 miles away|41 min walk

159th St & Park Center Dr

2.12 miles away|41 min walk

Harlem Ave & 153rd St

2.17 miles away|42 min walk

Cicero Ave & 153rd St

2.19 miles away|42 min walk

159th St & Forest Dr

2.26 miles away|44 min walk

159th St & Forest Dr (Oak Forest Hospital)

2.26 miles away|44 min walk

Oak Park Ave & 169th St

2.26 miles away|44 min walk

Cicero Ave & 152nd St

2.26 miles away|44 min walk

159th St & Olcott Ave

2.31 miles away|45 min walk

Cicero Ave & 151st St

2.34 miles away|45 min walk

167th St & Cicero Ave

2.53 miles away|49 min walk

Cicero Ave & 149th St

2.54 miles away|49 min walk

159th St & 76th Ave

2.63 miles away|51 min walk

The Neighbourhood: Oak Terrace Apartments

Similar Buildings Nearby

Add to favoritesAdd to favorites (hover)
15820 Terrace Dr
15820 Terrace Dr, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
Scarborough Fare
14513 Sussex Court, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
14513 Sussex Ct
14513 Sussex Ct, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
Scarborough Fare
14533 Walden Court, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
15820 Terrace Dr
15820 Terrace Dr, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
Scarborough Fare
14513 Sussex Court, Oak Forest, IL
Click to see listings
Add to favoritesAdd to favorites (hover)
14513 Sussex Ct
14513 Sussex Ct, Oak Forest, IL
Click to see listings
View All Similar Buildings

Oak Terrace Apartments Demographics

Age Demographics

0–14 Years

19.04%

15–29 Years

16.85%

30–44 Years

20.13%

45–59 Years

21.96%

60+ Years

22.02%

Commute

3.79%

Transit

2.13%

Walk

87.02%

Drive

0%

Bike

Housing Ownership

76.95%

Owner Occupied

23.05%

Rental Units

Household Types

Single Family
25.76%
Multi Family
13.77%
Single Person
25.08%
Multi Person
74.92%

Average Income

Household:$8,892,289.1 /yr

Individual:$3,722,826.19 /yr

Education

Bachelors Degree19.66%
High School College28.51%
Diploma10.93%
Post Graduate8.56%
Others32.34%
Next

Education

Diploma10.93%
Post Graduate8.56%
Others32.34%
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
Palatine
Buildings
12720 S Carriage Ln
12721 Park Place
12721 S Park Place Ave
12750 S Carriage Ln
12751 Park Pl
12751 Park Place
12801 Carriage Ln
13935 Le Claire Ave
13935 W Leamington Dr
13950 E Leamington Dr
13950 Lavergne Ave
13953 W Leamington Dr
Carriage Hill
Carriage Lane
Crestpoint Condominiums
Crestwood Highlands Condominiu...
Park Place
Sandpiper South Condominiums
Neighborhoods
Albany ParkArmour SquareAuburn Gresham
AvondaleBeverlyBlackberry CountrysideBronzevilleBucktownCarillonCathedralChathamChicago LawnChicago O'Hare International AirportDunningEmerald LawnsEvergreen TerraceFar EastGarfield RidgeInglesideRichard's Grove
ZIP Codes
600256004360060
6006760077600986012460142601466015760302604096042360448605346053860548605656061060641
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 2025. All Rights Reserved.