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Front view of a brick apartment building in winter with snow-covered shrubs.
Gallery17
MLS ID #07103109
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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

About Oak Terrace Apartments

Oak Terrace Apartments is a residential community featuring 152 units housed within 11 multi-unit buildings. These buildings offer a variety of living options with units ranging from one to three bedrooms. The unit sizes vary, up to 1,000 square feet. Residents of Oak Terrace Apartments can enjoy a host of amenities, including a tennis court, in-ground pool, sundeck, and patio. For those with an active lifestyle, the community provides access to a bike room and trails. Additional features include a clubhouse, party room, and access to a park and school buses. The pet policy accommodates both cats and dogs, with specific limits on number and size, creating a pet-friendly environment. With a range of recreational facilities and thoughtful policies, Oak Terrace Apartments offers a comprehensive living experience for its residents.

About Oak Terrace Apartments

Oak Terrace Apartments is a residential community featuring 152 units housed within 11 multi-unit buildings. These buildings offer a variety of living options with units ranging from one to three bedrooms. The unit sizes vary, up to 1,000 square feet. Residents of Oak Terrace Apartments can enjoy a host of amenities, including a tennis court, in-ground pool, sundeck, and patio. For those with an active lifestyle, the community provides access to a bike room and trails. Additional features include a clubhouse, party room, and access to a park and school buses. The pet policy accommodates both cats and dogs, with specific limits on number and size, creating a pet-friendly environment. With a range of recreational facilities and thoughtful policies, Oak Terrace Apartments offers a comprehensive living experience for its residents.
Front view of a brick apartment building in winter with snow-covered shrubs.View Listing
MLS ID #07103109
Front view of a brick apartment building in winter with snow-covered shrubs.MLS ID #07103109
Front view of a multi-story brick apartment building.MLS ID #11296696
Front view of a three-story brick apartment building with balconies.MLS ID #06530320

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 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
Pets not 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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