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  3. Oak Forest, IL
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  5. Summerset Condominiums / 15850 Laramie Avenue
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Summerset Condominiums / 15850 Laramie Avenue

15850 Laramie Avenue, Oak Forest, IL, 60452

YEAR BUILT

1989

# STORIES

3

# TOTAL UNITS

8

UNIT SIZE RANGE

1,350-1,450 sqft

Description

Summerset Condominiums sits at 15850 Laramie Avenue in Oak Forest. This low-rise building has 3 stories and consists of 8 condominium units. It offers a neighborhood setting with some local shops and restaurants nearby. The building was constructed in 1989, providing a mature presence in the area. Units range from 1,350 to 1,450 square feet, each equipped with 2 bedrooms. Prices for these units range from $185,000 to $220,000, with the average sold price being $220,000. It shows a solid price per square foot at $166. Recent sales indicate units spend about 24 days on the market. Nearby, residents can enjoy dining options like Burrito Marias and Fine Mexican Restaurant. Grocery needs are met at Marias Grocery Store. The neighborhood is serviced by roads linking to other parts of Oak Forest and surrounding areas, making it accessible for daily commuting. In-unit highlights include spacious layouts that support comfortable living. With 2-bedroom designs, the condos provide room for families or individuals seeking more space. Each unit is designed to optimize daily living needs, creating a welcoming atmosphere for all residents. Additionally, the Saganashkee Slough provides a natural backdrop to the community. This water body is a short distance away, adding a recreational element to living at Summerset Condominiums. The combination of local amenities and thoughtful design contributes to the appeal of this building.

Building ImageMLS ID #12095930
Building ImageMLS ID #12289555
Building Image
Building ImageView Listing

Summerset Condominiums / 15850 Laramie Avenue

15850 Laramie Avenue, Oak Forest, IL, 60452

YEAR BUILT

1989

# STORIES

3

# TOTAL UNITS

8

UNIT SIZE RANGE

1,350-1,450 sqft

Description

Summerset Condominiums sits at 15850 Laramie Avenue in Oak Forest. This low-rise building has 3 stories and consists of 8 condominium units. It offers a neighborhood setting with some local shops and restaurants nearby. The building was constructed in 1989, providing a mature presence in the area. Units range from 1,350 to 1,450 square feet, each equipped with 2 bedrooms. Prices for these units range from $185,000 to $220,000, with the average sold price being $220,000. It shows a solid price per square foot at $166. Recent sales indicate units spend about 24 days on the market. Nearby, residents can enjoy dining options like Burrito Marias and Fine Mexican Restaurant. Grocery needs are met at Marias Grocery Store. The neighborhood is serviced by roads linking to other parts of Oak Forest and surrounding areas, making it accessible for daily commuting. In-unit highlights include spacious layouts that support comfortable living. With 2-bedroom designs, the condos provide room for families or individuals seeking more space. Each unit is designed to optimize daily living needs, creating a welcoming atmosphere for all residents. Additionally, the Saganashkee Slough provides a natural backdrop to the community. This water body is a short distance away, adding a recreational element to living at Summerset Condominiums. The combination of local amenities and thoughtful design contributes to the appeal of this building.

Next

Description

Summerset Condominiums sits at 15850 Laramie Avenue in Oak Forest. This low-rise building has 3 stories and consists of 8 condominium units. It offers a neighborhood setting with some local shops and restaurants nearby. The building was constructed in 1989, providing a mature presence in the area. Units range from 1,350 to 1,450 square feet, each equipped with 2 bedrooms. Prices for these units range from $185,000 to $220,000, with the average sold price being $220,000. It shows a solid price per square foot at $166. Recent sales indicate units spend about 24 days on the market. Nearby, residents can enjoy dining options like Burrito Marias and Fine Mexican Restaurant. Grocery needs are met at Marias Grocery Store. The neighborhood is serviced by roads linking to other parts of Oak Forest and surrounding areas, making it accessible for daily commuting. In-unit highlights include spacious layouts that support comfortable living. With 2-bedroom designs, the condos provide room for families or individuals seeking more space. Each unit is designed to optimize daily living needs, creating a welcoming atmosphere for all residents. Additionally, the Saganashkee Slough provides a natural backdrop to the community. This water body is a short distance away, adding a recreational element to living at Summerset Condominiums. The combination of local amenities and thoughtful design contributes to the appeal of this building.

Summerset Condominiums / 15850 Laramie Avenue Market Stats Last 12 months

Avg. Listed Price$210,000($159/Sqft.)

Avg. Sale Price$220,000($166/Sqft.)
Year over year list priceUp Arrow17.32%

Year over year sale priceUp Arrow 25.71%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market24 days

Average HOA fees per sqft$5 /monthly
Next

Market Stats

Year over year list priceUp Arrow17.32%

Year over year sale priceUp Arrow25.71%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market24 days

Average HOA fees per sqft$5 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
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

-
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

Summerset Condominiums / 15850 Laramie Avenue Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 301301132922242025-03-08
MLS#: 12289555
Closed$220,000
Unit 101101110021492024-09-03
MLS#: 12095930
Closed$175,000
Unit 301301132922292022-04-22
MLS#: 11355575
Closed$185,000
Unit 101
101

2 Beds

1 Baths

1100 sqft


DateStatusPrice
2024-09-03Closed$175,000
MLS#: 12095930
Days On Market49
Unit 301
301

2 Beds

2 Baths

1329 sqft


DateStatusPrice
2025-03-08Closed$220,000
MLS#: 12289555
Days On Market24
Unit 301
301

2 Beds

2 Baths

1329 sqft


DateStatusPrice
2022-04-22Closed$185,000
MLS#: 11355575
Days On Market29
View Complete Unit Listing HistorySource By: MRED

Amenities

Although specific amenities information wasn’t detailed, many condo communities come with common perks like shared outdoor spaces, parking facilities, and possibly laundry services. If you’re a fan of pet-friendly living, you’ll be happy to know that Summerset Condominiums allows both cats and dogs! A community that welcomes your furry friends makes it all the more appealing for youthful buyers eager to settle down.

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Amenities Description

Although specific amenities information wasn’t detailed, many condo communities come with common perks like shared outdoor spaces, parking facilities, and possibly laundry services. If you’re a fan of pet-friendly living, you’ll be happy to know that Summerset Condominiums allows both cats and dogs! A community that welcomes your furry friends makes it all the more appealing for youthful buyers eager to settle down.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Storage

Storage

Balcony

Balcony

Policies

Living at Summerset Condominiums comes with some straightforward building policies. You’ll have a number limit, which means a manageable communal atmosphere. And yes, both cats and dogs are allowed, so you won’t have to leave your pets behind!

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)
Summerset Condominiums / 15850 Laramie Avenue$166/sqft.$5 /sqft.
15850 Laramie Ave$166/sqft.$5 /sqft.
Shadow Creek Condominiums$155/sqft.$7 /sqft.
5120 Shadow Creek Dr$155/sqft.$7 /sqft.
Shadow Creek Condominiums$162/sqft.$7 /sqft.
5130 Shadow Creek Dr$162/sqft.$7 /sqft.

Nearby Schools

Discover top-rated schools located close to Summerset Condominiums / 15850 Laramie Avenue.

St Damian School

--
Private|Grades PK–8
5300 155th St|0.66 miles away

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|1.01 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.16 miles away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.47 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|1.53 miles away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|1.55 miles away
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Schools

St Damian School

--
Private|Grades PK–8
5300 155th St|Less than 1 Mile Away

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|1.01 Miles Away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.16 Miles Away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.47 Miles Away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|1.53 Miles Away

Ridge Early Childhood Center

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

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.70 Miles Away

Fieldcrest Elementary School

C
Public|Grades PK–5
4100 Wagman St|1.95 Miles Away

Morton Gingerwood Elementary School

--
Public|Grades 1–2
16936 Forest Ave|1.97 Miles Away

Communication Development Program

--
Public|Grades –
6020 151st St|1.98 Miles Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|1.98 Miles Away

Destiny Program

--
Public|Grades –
6020 151st St|1.98 Miles Away

Project Challenge

--
Public|Grades –
6020 151st St|1.98 Miles Away

Braun Educational Center

--
Public|Grades –
6020 151st St|1.98 Miles Away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|2.07 Miles Away

Delta Academy and Achieve

--
Public|Grades 11–12
16333 Kilbourne Av...|2.19 Miles Away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|2.28 Miles Away

Bremen High School

C-
Public|Grades 9–12
15203 Pulaski Rd|2.40 Miles Away

Arbor Park Middle School

B
Public|Grades 5–8
17303 Central Ave|2.53 Miles Away

Transit

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

159th St & Laramie Ave

0.1 miles away|2 min walk

159th St & Le Claire Ave

0.21 miles away|5 min walk

159th St & Lorel Ave

0.23 miles away|5 min walk

159th St & Debra Dr

0.4 miles away|8 min walk

159th St & Debra Ave

0.41 miles away|8 min walk

Oak Forest

0.58 miles away|12 min walk
Next

Transit

159th St & Laramie Ave

0.1 miles away|2 min walk

159th St & Le Claire Ave

0.21 miles away|5 min walk

159th St & Lorel Ave

0.23 miles away|5 min walk

159th St & Debra Dr

0.4 miles away|8 min walk

159th St & Debra Ave

0.41 miles away|8 min walk

Oak Forest

0.58 miles away|12 min walk

159th St & Cicero Ave (Metra Station)

0.61 miles away|12 min walk

159th St & Central Ave

0.68 miles away|14 min walk

15840 S Cicero Ave

0.71 miles away|14 min walk

Oak Forest Metra (15801 Cicero Ave)

0.71 miles away|14 min walk

Cicero Ave & 159th St

0.72 miles away|14 min walk

Cicero Ave & 157th St

0.74 miles away|15 min walk

Cicero Ave & Waverly Ave

0.77 miles away|15 min walk

Cicero Ave & 155th St

0.86 miles away|17 min walk

159th St & Peggy Ln

0.89 miles away|18 min walk

159th St & Forest Dr

0.96 miles away|19 min walk

159th St & Forest Dr (Oak Forest Hospital)

0.96 miles away|19 min walk

Cicero Ave & 154th St

1.01 miles away|20 min walk

Cicero Ave & 153rd St

1.15 miles away|22 min walk

159th St & Terrace Dr

1.2 miles away|23 min walk

Cicero Ave & 152nd St

1.28 miles away|25 min walk

Cicero Ave & 151st St

1.42 miles away|28 min walk

159th St & Arroyo Dr

1.47 miles away|29 min walk

167th St & Cicero Ave

1.63 miles away|32 min walk

Cicero Ave & 149th St

1.73 miles away|34 min walk

159th St & Rob Roy Dr

1.74 miles away|34 min walk

159th St & Ridgeland Ave

1.96 miles away|38 min walk

Cicero Ave & 147th St

1.99 miles away|39 min walk

159th St & Crawford Ave/Pulaski Ave

2.02 miles away|39 min walk

147th St & Cicero Ave

2.06 miles away|40 min walk

147th St & Knox Ave

2.13 miles away|41 min walk

147th St & Kilpatrick Ave

2.13 miles away|41 min walk

147th St & Kenton Ave

2.2 miles away|43 min walk

147th St & Kilbourn Ave

2.26 miles away|44 min walk

Cicero Ave & 145th St

2.36 miles away|46 min walk

147th St & Kostner Ave

2.36 miles away|46 min walk

6701 159th St (Ingalls Family Care)

2.44 miles away|47 min walk

147th St & Kildare Ave

2.46 miles away|48 min walk

Cicero Ave & 144th St

2.52 miles away|49 min walk

167th St & Kilbourn Ave

2.56 miles away|50 min walk

147th St & Keeler Ave

2.57 miles away|50 min walk

147th St & Karlov Ave

2.67 miles away|52 min walk

The Neighbourhood: Summerset Condominiums / 15850 Laramie Avenue

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Summerset Condominiums / 15850 Laramie Avenue Demographics

Age Demographics

0–14 Years

16.1%

15–29 Years

18.22%

30–44 Years

19.14%

45–59 Years

23.79%

60+ Years

22.75%

Commute

5.82%

Transit

0.91%

Walk

86.45%

Drive

0%

Bike

Housing Ownership

70.75%

Owner Occupied

29.25%

Rental Units

Household Types

Single Family
23.05%
Multi Family
10.92%
Single Person
29.18%
Multi Person
70.82%

Average Income

Household:$7,727,372.33 /yr

Individual:$3,671,528.65 /yr

Education

Bachelors Degree20.14%
High School College29.42%
Diploma9.05%
Post Graduate7.93%
Others33.46%
Next

Education

Diploma9.05%
Post Graduate7.93%
Others33.46%
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    Summerset Condominiums / 15850 Laramie Avenue
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