Oak Terrace Apartments

15724 Terrace Drive, Oak Forest, IL, 60452

Oak Terrace ApartmentsCommunity

Units for Sale

Front view of a multi-story brick apartment building with balconies and satellite dishes.

View Listing

MLS ID #11922809

View Listing MLS ID #11922809

Front view of a multi-story brick apartment building with balconies.

View Listing MLS ID #11978157

Front view of a multi-story brick apartment building with large windows.

View Listing MLS ID #11978157

Front view of a brick apartment building with glass entrance doors.

View Listing MLS ID #11922809

Year Built

1973

# Stories

# Total Units

Unit Size Range

750-850 sqft

Unit Demand

Medium

Unit Availability

Low

Building Description

Oak Terrace Apartments is a 3-story residential building, established in 1973 and located at 15724 Terrace Drive. This mid-rise structure offers several comfortable units tailored to various lifestyle needs. The building’s architecture features a classic design with a durable brick facade, which not only adds to its aesthetic appeal but also ensures longevity and low maintenance. Inside Oak Terrace Apartments, residents will find numerous amenities aimed at enhancing everyday living. The building includes secure on-site parking, a coin-operated laundry facility, and additional storage spaces for convenience. Each unit is designed to maximize space utilization while providing essential comforts, such as efficient heating and cooling systems, well-fitted kitchens, and ample natural lighting. The surrounding environment offers a peaceful suburban atmosphere while being conveniently close to key urban amenities. Public transportation options are accessible, facilitating easy commutes to nearby urban centers. Local parks, dining, and shopping establishments are within a short distance, providing residents with a balanced lifestyle. Oak Terrace Apartments delivers practical living solutions in a well-connected locality, making it a desirable choice for many seeking a homely residence.

View Listing

MLS ID #11922809

View Listing MLS ID #11922809

View Listing MLS ID #11978157

View Listing MLS ID #11922809

Amenities

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

Pets Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

Oak Terrace Apartments Market Report (last 12 months)

Avg. List Price

Year-Over-Year List Price

0.00%

Total Listings

Avg. Days On Market

Avg. Sale Price

$115,000 ($144/Sqft.)

Year-Over-Year Sale Price

0.28%

Total Sold

Avg. HOA Fees/Sqft

$4 /monthly

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About Oak Terrace Apartments

Condo Living at Oak Terrace Apartments, located at 15724 TERRACE DRIVE, OAK FOREST, IL:

Welcome to Oak Terrace Apartments, a charming condo building nestled in the heart of Oak Forest, Illinois. Built in 1973, this three-story residence offers a cozy and inviting atmosphere perfect for first-time homebuyers. With just eight units, the building has a warm, community feel, making it a delightful place to call home.

Building Features and Unit Availability:

With a variety of unit sizes ranging from 750 to 850 square feet, you’ll find comfortable living spaces designed for modern convenience. The availability is currently low, but if you’re on the lookout, you may discover the perfect nest for you! The demand here is medium, indicating that this charming locale is popular among buyers looking for an affordable, yet stylish place to live.

Amenities You'll Love:

One of the highlights of Oak Terrace Apartments is the fantastic amenities. Imagine spending your summer days lounging by the pool or hosting a fabulous birthday bash in the spacious party room. These amenities add an extra layer of enjoyment to condo life, making it easy to host friends or unwind with family after a long week.

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