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Front view of a multi-story brick apartment building with a modern facade.
Gallery23
MLS ID #12549183
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  1. Home
  2. /Oak Forest, IL
  3. /Oak Terrace Apartments
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Oak Terrace Apartments

Community constructed 1970-1988

BUILDINGS (OVER 5 UNITS)
Gallery21
BUILDINGS (2-5 UNITS)
Gallery35
SINGLE UNITS
Gallery0

Oak Terrace Apartments

About Oak Terrace Apartments

Oak Terrace Apartments has 275 homes in 21 multi-unit buildings. All buildings are multi-unit. The community offers 1-bedroom, 2-bedroom, and 3-bedroom units. Unit sizes include 1000 and 950 square feet. The association provides Laundry. The association provides Trail(s). The association provides a Park. The community offers School Bus access. The community includes a Clubhouse. The community includes a Party Room. The community includes a Spa/Hot Tub. The community has Tennis Court(s). The community has a Patio. The community has an In Ground Pool and a Pool. The community has a Sundeck. The community has Bike Room/Bike Trails. The pet policy lists Cats OK, Dogs OK, Number Limit, No, and Size Limit. The 21 multi-unit buildings contain the 275 homes. The community serves households with 1-bedroom to 3-bedroom units. Unit sizes include 1000 and 950 square feet.

About Oak Terrace Apartments

Oak Terrace Apartments has 275 homes in 21 multi-unit buildings. All buildings are multi-unit. The community offers 1-bedroom, 2-bedroom, and 3-bedroom units. Unit sizes include 1000 and 950 square feet. The association provides Laundry. The association provides Trail(s). The association provides a Park. The community offers School Bus access. The community includes a Clubhouse. The community includes a Party Room. The community includes a Spa/Hot Tub. The community has Tennis Court(s). The community has a Patio. The community has an In Ground Pool and a Pool. The community has a Sundeck. The community has Bike Room/Bike Trails. The pet policy lists Cats OK, Dogs OK, Number Limit, No, and Size Limit. The 21 multi-unit buildings contain the 275 homes. The community serves households with 1-bedroom to 3-bedroom units. Unit sizes include 1000 and 950 square feet.
Front view of a multi-story brick apartment building with a modern facade.View Listing
MLS ID #12549183
Front view of a multi-story brick apartment building with a modern facade.MLS ID #12549183
Front view of a multi-story brick building with large windows and balconies.MLS ID #09953240
Front view of a brick apartment building entrance with large glass doors.MLS ID #07654051

Buildings In Oak Terrace Apartments

Oak Terrace Apartments
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Oak Terrace Apartments

15724 TERRACE DRIVE,OAK FOREST,IL

0 active listings

Oak Terrace Apartments
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Oak Terrace Apartments

15724 TERRACE DRIVE,OAK FOREST,IL

0 active listings

Oak Terrace Apartments Market Stats Last 12 months

AVG. LISTED PRICE$136,963($161 /sqft.)

AVG. SALE PRICE$132,782($153 /sqft.)
YEAR OVER YEAR LIST PRICETrending Up21.63%

YEAR OVER YEAR SALE PRICETrending Up18.45%
TOTAL LISTINGS23 Listed

TOTAL SOLD33 Sold
AVERAGE DAYS ON MARKET54 days
AVERAGE HOA FEES PER SQFT$5 /monthly

Market StatsLast 12 months

AVG. LISTED PRICE
$136,963($161 /sqft.)

AVG. SALE PRICE
$132,782($153 /sqft.)
YEAR OVER YEAR LIST PRICETrending Up21.63%

YEAR OVER YEAR SALE PRICETrending Up18.45%
TOTAL LISTINGS23 Listed

TOTAL SOLD33 Sold
AVERAGE DAYS ON MARKET54 days
AVERAGE HOA FEES PER SQFT$5 /monthly

Oak Terrace Apartments Inventory & Sale History

Property
2A - 5822 W 158TH PL
5822 W 158th Pl
0Square Feet
3Beds
2Baths
116Days on Market
Sold For $166,991Listed on Dec 31, 2007
Property
R02 - 15732 TERRACE DR
15732 Terrace Dr
1000Square Feet
2Beds
1Baths
61Days on Market
Sold For $158,000Listed on Mar 10, 2025
Property
R03 - 15800 TERRACE DR
15800 Terrace Dr
1100Square Feet
2Beds
1Baths
55Days on Market
Sold For $156,000Listed on Jul 10, 2024
Property
3N - 15832 TERRACE DR
15832 S Terrace Dr
1000Square Feet
2Beds
1Baths
66Days on Market
Sold For $160,000Listed on Dec 6, 2024
Listing

2A - 5822 W 158TH PL

5822 W 158th Pl

Sold for $166,991

3 Beds    2 Bath    0 sqft

Sold on Dec 31, 2007|116 days on market

Listing

R02 - 15732 TERRACE DR

15732 Terrace Dr

Sold for $158,000

2 Beds    1 Bath    1000 sqft

Sold on Mar 10, 2025|61 days on market

Oak Terrace Apartments Amenities

Pool
Pool
In Ground Pool
In Ground Pool
Security Door Lock(s)
Security Door Lock(s)
Laundry
Laundry
Coin Laundry
Coin Laundry
Tennis Court(s)
Tennis Court(s)
Sundeck
Sundeck
Patio
Patio
Spa/Hot Tub
Spa/Hot Tub
Clubhouse
Clubhouse
Bike Room/Bike Trails
Bike Room/Bike Trails
Party Room
Party Room
Storage
Storage
Balcony
Balcony
Pool
Pool
In Ground Pool
In Ground Pool
Security Door Lock(s)
Security Door Lock(s)
Laundry
Laundry
Coin Laundry
Coin Laundry

Amenities

Pool
Pool
In Ground Pool
In Ground Pool
Security Door Lock(s)
Security Door Lock(s)
Laundry
Laundry
Coin Laundry
Coin Laundry
Tennis Court(s)
Tennis Court(s)
Sundeck
Sundeck
Patio
Patio
Spa/Hot Tub
Spa/Hot Tub
Clubhouse
Clubhouse
Bike Room/Bike Trails
Bike Room/Bike Trails
Party Room
Party Room
Storage
Storage
Balcony
Balcony

Oak Terrace Apartments Policies

Pets allowed
Check
Pets allowed
BBQ allowed
BBQ not allowed
Sublet allowed
Sublet not allowed
Short term rental not allowed
Short term rental not allowed

The Neighborhood:

Frequently Asked Questions About Oak Terrace Apartments

How many buildings are there in Oak Terrace Apartments?

Oak Terrace Apartments has a total of 56 buildings, including 21 buildings with more than 5 units and 35 buildings with 2 to 5 units.

How much does property typically cost in Oak Terrace Apartments?

In Oak Terrace Apartments, the average sales price is $132,782, and the average listed price is $136,963.

What amenities can I expect in buildings in Oak Terrace Apartments?

Buildings in Oak Terrace Apartments include amenities like Park, Bike Room/Bike Trails, Trail(s), Patio, Tennis Court(s), In Ground Pool, School Bus, Laundry, Sundeck, Party Room, Clubhouse, Pool, and Spa/Hot Tub.

What is the average HOA fee in buildings in Oak Terrace Apartments?

The average HOA fee in Oak Terrace Apartments is $5 per square foot.

What is the parking situation like in Oak Terrace Apartments buildings?

Parking data for Oak Terrace Apartments includes features such as Visitor Parking and Parking Lot.
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  1. Home
  2. /Oak Forest, IL
  3. /Oak Terrace Apartments
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