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

15830 S Terrace Drive, Oak Forest, IL, 60452
Oak Terrace Apartments

YEAR BUILT

1975

# STORIES

# TOTAL UNITS

7

UNIT SIZE RANGE

950-1,050 sqft

Description

Oak Terrace Apartments sits at 15830 S Terrace Drive in Oak Forest. This location is near the intersection of 167th Street and Cicero Avenue. The nearby Tampier Lake adds a lovely outdoor element. The building faces a diverse neighborhood with local shops and dining options. This building has 7 condominium units available. Construction completed in 1975. Unit sizes range from 950 to 1,050 square feet. Buyers can find both 1-bedroom and 2-bedroom layouts. The prices for these units range from $88,000 to $103,000. The building includes a pool, providing a place for relaxation and recreation. Nearby restaurants like Bella Flowers, La Finca Grill, and Jamaica Jerk Choice offer good dining options. This area is also close to several parks and green spaces. In terms of parking, residents enjoy on-site options. Each unit has its own charm, with thoughtful layouts for modern living. Residents can also take advantage of the swimming pool during warmer months. The overall atmosphere is genial and neighborly. Overall, Oak Terrace Apartments presents a blend of residential comfort and local amenities. The combination of practical features and nearby resources makes it an interesting choice for potential buyers.

Building ImageMLS ID #07103109
Building ImageView Listing

Oak Terrace Apartments

15830 S Terrace Drive, Oak Forest, IL, 60452


Oak Terrace Apartments

YEAR BUILT

1975

# STORIES

# TOTAL UNITS

7

UNIT SIZE RANGE

950-1,050 sqft

Description

Oak Terrace Apartments sits at 15830 S Terrace Drive in Oak Forest. This location is near the intersection of 167th Street and Cicero Avenue. The nearby Tampier Lake adds a lovely outdoor element. The building faces a diverse neighborhood with local shops and dining options. This building has 7 condominium units available. Construction completed in 1975. Unit sizes range from 950 to 1,050 square feet. Buyers can find both 1-bedroom and 2-bedroom layouts. The prices for these units range from $88,000 to $103,000. The building includes a pool, providing a place for relaxation and recreation. Nearby restaurants like Bella Flowers, La Finca Grill, and Jamaica Jerk Choice offer good dining options. This area is also close to several parks and green spaces. In terms of parking, residents enjoy on-site options. Each unit has its own charm, with thoughtful layouts for modern living. Residents can also take advantage of the swimming pool during warmer months. The overall atmosphere is genial and neighborly. Overall, Oak Terrace Apartments presents a blend of residential comfort and local amenities. The combination of practical features and nearby resources makes it an interesting choice for potential buyers.

Next

Description

Oak Terrace Apartments sits at 15830 S Terrace Drive in Oak Forest. This location is near the intersection of 167th Street and Cicero Avenue. The nearby Tampier Lake adds a lovely outdoor element. The building faces a diverse neighborhood with local shops and dining options. This building has 7 condominium units available. Construction completed in 1975. Unit sizes range from 950 to 1,050 square feet. Buyers can find both 1-bedroom and 2-bedroom layouts. The prices for these units range from $88,000 to $103,000. The building includes a pool, providing a place for relaxation and recreation. Nearby restaurants like Bella Flowers, La Finca Grill, and Jamaica Jerk Choice offer good dining options. This area is also close to several parks and green spaces. In terms of parking, residents enjoy on-site options. Each unit has its own charm, with thoughtful layouts for modern living. Residents can also take advantage of the swimming pool during warmer months. The overall atmosphere is genial and neighborly. Overall, Oak Terrace Apartments presents a blend of residential comfort and local amenities. The combination of practical features and nearby resources makes it an interesting choice for potential buyers.

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 O1O175011502022-07-13
MLS#: 11413433
Closed$88,000
Unit RO3RO31000211112018-05-07
MLS#: 09833935
Closed$87,447
Unit 2S2S-211282009-05-14
MLS#: 07103109
Closed$103,000
Unit 2S
2S

2 Beds

1 Baths

0 sqft


DateStatusPrice
2009-05-14Closed$103,000
MLS#: 07103109
Days On Market128
Unit O1
O1

1 Beds

1 Baths

750 sqft


DateStatusPrice
2022-07-13Closed$88,000
MLS#: 11413433
Days On Market50
Unit RO3
RO3

2 Beds

1 Baths

1000 sqft


DateStatusPrice
2018-05-07Closed$87,447
MLS#: 09833935
Days On Market111
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the exciting perks of living at Oak Terrace Apartments is the inviting outdoor pool, perfect for those hot summer days when you want to take a cool dip right at home. It’s not just about the unit—it's about enhancing your overall living experience, and the presence of a pool adds a fun and relaxing touch. Imagine lounging by the water, making friends with your neighbors, and creating unforgettable summer memories!

Next

Amenities Description

One of the exciting perks of living at Oak Terrace Apartments is the inviting outdoor pool, perfect for those hot summer days when you want to take a cool dip right at home. It’s not just about the unit—it's about enhancing your overall living experience, and the presence of a pool adds a fun and relaxing touch. Imagine lounging by the water, making friends with your neighbors, and creating unforgettable summer memories!

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

Storage

Storage

Balcony

Balcony

Policies

While considering various living spaces, it's vital to know the building's policies for a seamless experience. At Oak Terrace, there are no specific building policies that stand in your way, allowing for a relaxed environment to thrive.

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)
Oak Terrace Apartments--
Oak Terrace Apartments$156/sqft.$5 /sqft.
15832 S Terrace Dr$156/sqft.$5 /sqft.
Oak Terrace Apartments$160/sqft.$5 /sqft.
Oak Terrace Apartments$158/sqft.$5 /sqft.
15732 Terrace Dr$158/sqft.$5 /sqft.

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|0.34 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|0.7 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|0.83 miles away

St Damian School

--
Private|Grades PK–8
5300 155th St|0.91 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|0.94 miles away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1 miles away
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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

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|Less than 1 Mile Away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.01 Miles Away

Destiny Program

--
Public|Grades –
6020 151st St|1.04 Miles Away

Braun Educational Center

--
Public|Grades –
6020 151st St|1.04 Miles Away

Project Challenge

--
Public|Grades –
6020 151st St|1.04 Miles Away

Communication Development Program

--
Public|Grades –
6020 151st St|1.04 Miles Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|1.04 Miles Away

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|1.22 Miles Away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.42 Miles Away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|1.53 Miles Away

Bert H Fulton School

A
Public|Grades PK–5
6601 171st St|1.84 Miles Away

Morton Gingerwood Elementary School

--
Public|Grades 1–2
16936 Forest Ave|1.93 Miles Away

Arbor Park Middle School

B
Public|Grades 5–8
17303 Central Ave|1.93 Miles Away

Transit

Oak Terrace Apartments offers strong public transit access in , Oak Forest, with multiple transportation options located within a 2-mile radius. Nearby Bus, Rail allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

15840 S Cicero Ave

1.45 miles away|28 min walk

159th St & 71st Ct

1.38 miles away|27 min walk

159th St & Arroyo Dr

0.2 miles away|4 min walk

159th St & Central Ave

0.4 miles away|8 min walk

159th St & Cicero Ave (Metra Station)

1.38 miles away|27 min walk

159th St & Debra Ave

0.63 miles away|13 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Oak Terrace Apartments offers strong public transit access in , Oak Forest, with multiple transportation options located within a 2-mile radius. Nearby Bus, Rail allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

15840 S Cicero Ave

1.45 miles away|28 min walk

159th St & 71st Ct

1.38 miles away|27 min walk

159th St & Arroyo Dr

0.2 miles away|4 min walk

159th St & Central Ave

0.4 miles away|8 min walk

159th St & Cicero Ave (Metra Station)

1.38 miles away|27 min walk

159th St & Debra Ave

0.63 miles away|13 min walk

159th St & Debra Dr

0.64 miles away|13 min walk

159th St & Forest Dr

1.64 miles away|32 min walk

159th St & Forest Dr (Oak Forest Hospital)

1.64 miles away|32 min walk

159th St & Harlem Ave

1.49 miles away|29 min walk

159th St & Laramie Ave

0.93 miles away|18 min walk

159th St & Le Claire Ave

1.06 miles away|21 min walk

159th St & Lorel Ave

0.75 miles away|15 min walk

159th St & Oak Park Ave

1.1 miles away|22 min walk

159th St & Olcott Ave

1.78 miles away|35 min walk

159th St & Park Center Dr

1.64 miles away|32 min walk

159th St & Peggy Ln

0.25 miles away|5 min walk

159th St & Ridgeland Ave

0.55 miles away|11 min walk

159th St & Rob Roy Dr

0.39 miles away|8 min walk

159th St & Terrace Dr

0.08 miles away|2 min walk

16130 Oak Park Ave

1.19 miles away|23 min walk

16136 Oak Park Ave

1.19 miles away|23 min walk

167th St & Cicero Ave

1.84 miles away|36 min walk

6701 159th St (Ingalls Family Care)

0.91 miles away|18 min walk

Centennial Dr & Brementowne Dr

1.54 miles away|30 min walk

Centennial Dr & Brementowne Rd

1.57 miles away|31 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

1.4 miles away|27 min walk

Centennial Dr & Lexington Ct (W)

1.36 miles away|26 min walk

Centennial Dr & Oak Park Ave

1.16 miles away|23 min walk

Cicero Ave & 147th St

2 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

1.65 miles away|32 min walk

Cicero Ave & 153rd St

1.59 miles away|31 min walk

Cicero Ave & 154th St

1.54 miles away|30 min walk

Cicero Ave & 155th St

1.49 miles away|29 min walk

Cicero Ave & 157th St

1.45 miles away|28 min walk

Cicero Ave & 159th St

1.45 miles away|28 min walk

Cicero Ave & Waverly Ave

1.47 miles away|29 min walk

Harlem Ave & 153rd St

1.68 miles away|33 min walk

Harlem Ave & 157th St

1.54 miles away|30 min walk

Harlem Ave & 159th St

1.54 miles away|30 min walk

Harlem Ave & 161st St

1.57 miles away|31 min walk

Harlem Ave & Wheeler Dr

1.59 miles away|31 min walk

Oak Forest

1.36 miles away|26 min walk

Oak Forest Metra (15801 Cicero Ave)

1.45 miles away|28 min walk

Oak Park Ave & 163rd Pl

1.25 miles away|24 min walk

Oak Park Ave & 165th Pl

1.4 miles away|27 min walk

Oak Park Ave & 167th St

1.52 miles away|30 min walk

Oak Park Ave & 169th St

1.72 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 18.86% are children aged 0–14, 16.94% are young adults between 15–29, 20.08% are adults aged 30–44, 22.11% are in the 45–59 range and 22% are seniors aged 60 and above. Commuting options are also varying where 87.16% of residents relying on driving, while others prefer public transit around 3.88%, walking around 2.05%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 76.76% of units owner occupied and 23.24% are rented. The neighborhood offers different household types. About 25.62% are single family homes and 13.66% are multi family units. Around 25.18% are single-person households, while 74.82% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 19.64% of residents have bachelor’s degrees. Around 28.5% have high school or college education. Another 10.89% hold diplomas while 8.57% have completed postgraduate studies. The remaining are 32.41% 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 18.86% are children aged 0–14, 16.94% are young adults between 15–29, 20.08% are adults aged 30–44, 22.11% are in the 45–59 range and 22% are seniors aged 60 and above. Commuting options are also varying where 87.16% of residents relying on driving, while others prefer public transit around 3.88%, walking around 2.05%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 76.76% of units owner occupied and 23.24% are rented. The neighborhood offers different household types. About 25.62% are single family homes and 13.66% are multi family units. Around 25.18% are single-person households, while 74.82% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 19.64% of residents have bachelor’s degrees. Around 28.5% have high school or college education. Another 10.89% hold diplomas while 8.57% have completed postgraduate studies. The remaining are 32.41% with other types of qualifications.

Age Demographics

0–14 Years

18.86%

15–29 Years

16.94%

30–44 Years

20.08%

45–59 Years

22.11%

60+ Years

22%

Commute

3.88%

Transit

2.05%

Walk

87.16%

Drive

0%

Bike

Housing Ownership

76.76%

Owner Occupied

23.24%

Rental Units

Household Types

Single Family
25.62%
Multi Family
13.66%
Single Person
25.18%
Multi Person
74.82%

Average Income

Household:$8,861,477.55 /yr

Individual:$3,727,706.46 /yr

Education

Bachelors Degree19.64%
High School College28.5%
Diploma10.89%
Post Graduate8.57%
Others32.41%
Next

Education

Diploma10.89%
Post Graduate8.57%
Others32.41%
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  1. Home
  2. /Oak Forest, IL
  3. /
    Oak Terrace Apartments
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