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  3. Oak Forest, IL
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  5. Oak Terrace Apartments
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Oak Terrace Apartments

15822 Terrace Drive, Oak Forest, IL, 60452
Oak Terrace Apartments

YEAR BUILT

# STORIES

# TOTAL UNITS

4

UNIT SIZE RANGE

950-1,050 sqft

Description

Oak Terrace Apartments, located at 15822 Terrace Drive in Oak Forest, IL, provides residents with a comfortable living experience in a serene environment. This residential building offers a range of thoughtfully designed living spaces, featuring options for various apartment sizes to suit diverse needs. The exterior of Oak Terrace Apartments is marked by its timeless brick façade, which blends seamlessly into the leafy surroundings, ensuring a peaceful atmosphere for residents. Inside, each unit is equipped with essential modern appliances, ample storage space, and large windows that allow for natural light to stream in, creating a warm and inviting environment. The building also offers shared amenities such as an on-site laundry facility, secure entry, and dedicated parking spaces for residents. While the property is not located directly on the waterfront, it remains well-connected to nearby parks, walking trails, and recreational facilities, offering numerous opportunities for outdoor activities. Oak Terrace Apartments is conveniently situated within reach of Oak Forest's local shops, dining options, and public transportation, making it easy for residents to access everyday conveniences. The community’s practical design and location cater to those seeking tranquility without sacrificing access to modern-day necessities.

Building Image
Building Image

Oak Terrace Apartments

15822 Terrace Drive, Oak Forest, IL, 60452


Oak Terrace Apartments

YEAR BUILT

# STORIES

# TOTAL UNITS

4

UNIT SIZE RANGE

950-1,050 sqft

Description

Oak Terrace Apartments, located at 15822 Terrace Drive in Oak Forest, IL, provides residents with a comfortable living experience in a serene environment. This residential building offers a range of thoughtfully designed living spaces, featuring options for various apartment sizes to suit diverse needs. The exterior of Oak Terrace Apartments is marked by its timeless brick façade, which blends seamlessly into the leafy surroundings, ensuring a peaceful atmosphere for residents. Inside, each unit is equipped with essential modern appliances, ample storage space, and large windows that allow for natural light to stream in, creating a warm and inviting environment. The building also offers shared amenities such as an on-site laundry facility, secure entry, and dedicated parking spaces for residents. While the property is not located directly on the waterfront, it remains well-connected to nearby parks, walking trails, and recreational facilities, offering numerous opportunities for outdoor activities. Oak Terrace Apartments is conveniently situated within reach of Oak Forest's local shops, dining options, and public transportation, making it easy for residents to access everyday conveniences. The community’s practical design and location cater to those seeking tranquility without sacrificing access to modern-day necessities.

Next

Description

Oak Terrace Apartments, located at 15822 Terrace Drive in Oak Forest, IL, provides residents with a comfortable living experience in a serene environment. This residential building offers a range of thoughtfully designed living spaces, featuring options for various apartment sizes to suit diverse needs. The exterior of Oak Terrace Apartments is marked by its timeless brick façade, which blends seamlessly into the leafy surroundings, ensuring a peaceful atmosphere for residents. Inside, each unit is equipped with essential modern appliances, ample storage space, and large windows that allow for natural light to stream in, creating a warm and inviting environment. The building also offers shared amenities such as an on-site laundry facility, secure entry, and dedicated parking spaces for residents. While the property is not located directly on the waterfront, it remains well-connected to nearby parks, walking trails, and recreational facilities, offering numerous opportunities for outdoor activities. Oak Terrace Apartments is conveniently situated within reach of Oak Forest's local shops, dining options, and public transportation, making it easy for residents to access everyday conveniences. The community’s practical design and location cater to those seeking tranquility without sacrificing access to modern-day necessities.

Oak Terrace Apartments Key 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

Key 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 R01R0190021352022-06-01
MLS#: 11387054
Closed$109,900
Unit RO2RO21000212232021-03-17
MLS#: 10808059
Closed$92,800
Unit RO1RO1-211472008-07-11
MLS#: 06801952
Closed$126,700
Unit R01
R01

2 Beds

1 Baths

900 sqft


DateStatusPrice
2022-06-01Closed$109,900
MLS#: 11387054
Days On Market35
Unit RO1
RO1

2 Beds

1 Baths

0 sqft


DateStatusPrice
2008-07-11Closed$126,700
MLS#: 06801952
Days On Market147
Unit RO2
RO2

2 Beds

1 Baths

1000 sqft


DateStatusPrice
2021-03-17Closed$92,800
MLS#: 10808059
Days On Market223
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
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Amenities

Pool

Pool

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Storage

Storage

Policies

Pet Allowed
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

Situated in , Oak Terrace Apartments is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|0.36 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|0.69 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|0.79 miles away

St Damian School

--
Private|Grades PK–8
5300 155th St|0.94 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|0.95 miles away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

Situated in , Oak Terrace Apartments is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.

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

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1.00 Miles Away

Destiny Program

--
Public|Grades –
6020 151st St|1.02 Miles Away

Braun Educational Center

--
Public|Grades –
6020 151st St|1.02 Miles Away

Project Challenge

--
Public|Grades –
6020 151st St|1.02 Miles Away

Communication Development Program

--
Public|Grades –
6020 151st St|1.02 Miles Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|1.02 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|1.44 Miles Away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|1.55 Miles Away

Bert H Fulton School

A
Public|Grades PK–5
6601 171st St|1.83 Miles Away

Arbor Park Middle School

B
Public|Grades 5–8
17303 Central Ave|1.95 Miles Away

Morton Gingerwood Elementary School

--
Public|Grades 1–2
16936 Forest Ave|1.96 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

1.34 miles away|26 min walk

159th St & 76th Ave

1.99 miles away|39 min walk

159th St & Arroyo Dr

0.17 miles away|4 min walk

159th St & Central Ave

0.44 miles away|9 min walk

159th St & Cicero Ave (Metra Station)

1.41 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

1.34 miles away|26 min walk

159th St & 76th Ave

1.99 miles away|39 min walk

159th St & Arroyo Dr

0.17 miles away|4 min walk

159th St & Central Ave

0.44 miles away|9 min walk

159th St & Cicero Ave (Metra Station)

1.41 miles away|28 min walk

159th St & Debra Ave

0.67 miles away|13 min walk

159th St & Debra Dr

0.68 miles away|13 min walk

159th St & Forest Dr

1.67 miles away|33 min walk

159th St & Forest Dr (Oak Forest Hospital)

1.67 miles away|33 min walk

159th St & Harlem Ave

1.45 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

0.78 miles away|16 min walk

159th St & Oak Park Ave

1.07 miles away|21 min walk

159th St & Olcott Ave

1.74 miles away|34 min walk

159th St & Park Center Dr

1.61 miles away|31 min walk

159th St & Peggy Ln

0.29 miles away|6 min walk

159th St & Ridgeland Ave

0.52 miles away|10 min walk

159th St & Rob Roy Dr

0.36 miles away|7 min walk

159th St & Terrace Dr

0.11 miles away|3 min walk

16130 Oak Park Ave

1.16 miles away|23 min walk

16136 Oak Park Ave

1.16 miles away|23 min walk

167th St & Cicero Ave

1.88 miles away|37 min walk

6701 159th St (Ingalls Family Care)

0.87 miles away|17 min walk

Centennial Dr & Brementowne Dr

1.51 miles away|30 min walk

Centennial Dr & Brementowne Rd

1.54 miles away|30 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

1.37 miles away|27 min walk

Centennial Dr & Lexington Ct (W)

1.33 miles away|26 min walk

Centennial Dr & Oak Park Ave

1.14 miles away|22 min walk

Cicero Ave & 149th St

1.88 miles away|37 min walk

Cicero Ave & 151st St

1.74 miles away|34 min walk

Cicero Ave & 152nd St

1.68 miles away|33 min walk

Cicero Ave & 153rd St

1.62 miles away|32 min walk

Cicero Ave & 154th St

1.57 miles away|31 min walk

Cicero Ave & 155th St

1.52 miles away|30 min walk

Cicero Ave & 157th St

1.49 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

1.64 miles away|32 min walk

Harlem Ave & 157th St

1.51 miles away|29 min walk

Harlem Ave & 159th St

1.5 miles away|29 min walk

Harlem Ave & 161st St

1.54 miles away|30 min walk

Harlem Ave & Wheeler Dr

1.55 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

1.23 miles away|24 min walk

Oak Park Ave & 165th Pl

1.38 miles away|27 min walk

Oak Park Ave & 167th St

1.5 miles away|29 min walk

Oak Park Ave & 169th St

1.7 miles away|33 min walk

The Neighbourhood: Oak Terrace Apartments

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Oak Terrace Apartments Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.01% are children aged 0–14, 16.88% are young adults between 15–29, 20.1% are adults aged 30–44, 22% are in the 45–59 range and 22.01% are seniors aged 60 and above. Commuting options are also varying where 87% of residents relying on driving, while others prefer public transit around 3.83%, walking around 2.12%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 76.97% of units owner occupied and 23.03% are rented. The neighborhood offers different household types. About 25.76% are single family homes and 13.76% are multi family units. Around 25.04% are single-person households, while 74.96% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 19.67% of residents have bachelor’s degrees. Around 28.49% have high school or college education. Another 10.92% hold diplomas while 8.57% have completed postgraduate studies. The remaining are 32.34% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.01% are children aged 0–14, 16.88% are young adults between 15–29, 20.1% are adults aged 30–44, 22% are in the 45–59 range and 22.01% are seniors aged 60 and above. Commuting options are also varying where 87% of residents relying on driving, while others prefer public transit around 3.83%, walking around 2.12%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 76.97% of units owner occupied and 23.03% are rented. The neighborhood offers different household types. About 25.76% are single family homes and 13.76% are multi family units. Around 25.04% are single-person households, while 74.96% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 19.67% of residents have bachelor’s degrees. Around 28.49% have high school or college education. Another 10.92% hold diplomas while 8.57% have completed postgraduate studies. The remaining are 32.34% with other types of qualifications.

Age Demographics

0–14 Years

19.01%

15–29 Years

16.88%

30–44 Years

20.1%

45–59 Years

22%

60+ Years

22.01%

Commute

3.83%

Transit

2.12%

Walk

87%

Drive

0%

Bike

Housing Ownership

76.97%

Owner Occupied

23.03%

Rental Units

Household Types

Single Family
25.76%
Multi Family
13.76%
Single Person
25.04%
Multi Person
74.96%

Average Income

Household:$8,893,899.71 /yr

Individual:$3,721,790.86 /yr

Education

Bachelors Degree19.67%
High School College28.49%
Diploma10.92%
Post Graduate8.57%
Others32.34%
Next

Education

Diploma10.92%
Post Graduate8.57%
Others32.34%
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  1. Home
  2. /Oak Forest, IL
  3. /
    Oak Terrace Apartments
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