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  3. Oak Forest, IL
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  5. 15818 Terrace Dr Unit R3
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15818 Terrace Dr Unit R3

15818 Terrace Dr Unit R3, Oak Forest, IL, 60452 |Oak Terrace Apartments

YEAR BUILT

1975

# STORIES

3

# TOTAL UNITS

8

UNIT SIZE RANGE

750-1,000 sqft

Description

15818 Terrace Dr sits in Oak Forest, at the corner of West 167th Street and South Harlem Avenue. The building is close to Tampier Lake, providing a scenic backdrop. This low-rise structure was built in 1975 and stands 3 stories tall. It offers a total of 7 condominium units for residents. Unit sizes vary between 750 and 1,000 square feet. Choices include 1 and 2 bedroom layouts that accommodate different lifestyles. Prices range from $122,000 to $160,000, with an average closed price at $160,000. The price per square foot is around $160, making it an appealing option for many. Residents enjoy several amenities in the building. There’s an outdoor pool, a clubhouse space, and tennis courts for leisure activities. A party room provides a nice venue for gatherings and events. The secured entry adds an extra layer of safety for all who call this property home. Dining options nearby include Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. Local grocery stores and shops are also accessible within a short distance. The nearby forest preserve and walking paths promote outdoor activity and relaxation. Units typically spend around 39 days on market. The building’s low-rise design and well-maintained grounds create a welcoming atmosphere for families and individuals. A balance of comfort and practicality can be found in this Oak Forest location.

Building ImageMLS ID #10597244
Building ImageMLS ID #12549183
Building Image
Building ImageView Listing

15818 Terrace Dr Unit R3

15818 Terrace Dr Unit R3, Oak Forest, IL, 60452

|Oak Terrace Apartments

YEAR BUILT

1975

# STORIES

3

# TOTAL UNITS

8

UNIT SIZE RANGE

750-1,000 sqft

Description

15818 Terrace Dr sits in Oak Forest, at the corner of West 167th Street and South Harlem Avenue. The building is close to Tampier Lake, providing a scenic backdrop. This low-rise structure was built in 1975 and stands 3 stories tall. It offers a total of 7 condominium units for residents. Unit sizes vary between 750 and 1,000 square feet. Choices include 1 and 2 bedroom layouts that accommodate different lifestyles. Prices range from $122,000 to $160,000, with an average closed price at $160,000. The price per square foot is around $160, making it an appealing option for many. Residents enjoy several amenities in the building. There’s an outdoor pool, a clubhouse space, and tennis courts for leisure activities. A party room provides a nice venue for gatherings and events. The secured entry adds an extra layer of safety for all who call this property home. Dining options nearby include Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. Local grocery stores and shops are also accessible within a short distance. The nearby forest preserve and walking paths promote outdoor activity and relaxation. Units typically spend around 39 days on market. The building’s low-rise design and well-maintained grounds create a welcoming atmosphere for families and individuals. A balance of comfort and practicality can be found in this Oak Forest location.

Next

Description

15818 Terrace Dr sits in Oak Forest, at the corner of West 167th Street and South Harlem Avenue. The building is close to Tampier Lake, providing a scenic backdrop. This low-rise structure was built in 1975 and stands 3 stories tall. It offers a total of 7 condominium units for residents. Unit sizes vary between 750 and 1,000 square feet. Choices include 1 and 2 bedroom layouts that accommodate different lifestyles. Prices range from $122,000 to $160,000, with an average closed price at $160,000. The price per square foot is around $160, making it an appealing option for many. Residents enjoy several amenities in the building. There’s an outdoor pool, a clubhouse space, and tennis courts for leisure activities. A party room provides a nice venue for gatherings and events. The secured entry adds an extra layer of safety for all who call this property home. Dining options nearby include Bella Flowers, La Finca Grill, and Jamaica Jerk Choice. Local grocery stores and shops are also accessible within a short distance. The nearby forest preserve and walking paths promote outdoor activity and relaxation. Units typically spend around 39 days on market. The building’s low-rise design and well-maintained grounds create a welcoming atmosphere for families and individuals. A balance of comfort and practicality can be found in this Oak Forest location.

15818 Terrace Dr Unit R3 Market Stats Last 12 months

Avg. Listed Price$164,900($165/Sqft.)

Avg. Sale Price-
Year over year list priceUp Arrow6.46%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list priceUp Arrow6.46%

Year over year sale price0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

High
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

15818 Terrace Dr Unit R3 Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit R01R01100021382024-07-15
MLS#: 12077485
Closed$160,000
Unit 0303850111082020-04-10
MLS#: 10597244
Closed$60,000
Unit 2W2W-211082007-10-05
MLS#: 06557872
Closed$122,000
Unit 03
03

1 Beds

1 Baths

850 sqft


DateStatusPrice
2020-04-10Closed$60,000
MLS#: 10597244
Days On Market108
Unit 2W
2W

2 Beds

1 Baths

0 sqft


DateStatusPrice
2007-10-05Closed$122,000
MLS#: 06557872
Days On Market108
Unit R01
R01

2 Beds

1 Baths

1000 sqft


DateStatusPrice
2024-07-15Closed$160,000
MLS#: 12077485
Days On Market38
View Complete Unit Listing HistorySource By: MRED

Amenities

What truly makes 15818 Terrace Dr stand out are its delightful amenities. Imagine spending warm summer days on the tennis courts or lounging by the pool, soaking up the sun! The patio and clubhouse are perfect for gatherings, and the party room makes for an ideal space to celebrate milestones with friends and family. Plus, there’s a park nearby, providing ample space for outdoor activities, picnics, or just unwinding in nature.

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Amenities Description

What truly makes 15818 Terrace Dr stand out are its delightful amenities. Imagine spending warm summer days on the tennis courts or lounging by the pool, soaking up the sun! The patio and clubhouse are perfect for gatherings, and the party room makes for an ideal space to celebrate milestones with friends and family. Plus, there’s a park nearby, providing ample space for outdoor activities, picnics, or just unwinding in nature.

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

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Clubhouse

Clubhouse

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

Friendly policies also add to the appeal of this condo. If you’re a pet lover, you’ll be happy to know that cats and dogs are welcome, allowing your furry friend to be part of your new adventure. There is a size limit for pets, ensuring a harmonious living environment for all residents.

Pet Allowed
Check
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)
15818 Terrace Dr Unit R3--
Oak Terrace Apartments$160/sqft.$5 /sqft.
Oak Terrace Apartments$156/sqft.$5 /sqft.
15832 S Terrace Dr$156/sqft.$5 /sqft.
Oak Terrace Apartments$158/sqft.$5 /sqft.
15732 Terrace Dr$158/sqft.$5 /sqft.

Nearby Schools

Discover top-rated schools located close to 15818 Terrace Dr Unit R3.

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|0.47 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|0.91 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|1.05 miles away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.25 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.26 miles away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.32 miles away
Next

Schools

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|1.05 Miles Away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.25 Miles Away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.26 Miles Away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.32 Miles Away

Braun Educational Center

--
Public|Grades –
6020 151st St|1.35 Miles Away

Communication Development Program

--
Public|Grades –
6020 151st St|1.35 Miles Away

Project Challenge

--
Public|Grades –
6020 151st St|1.35 Miles Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|1.35 Miles Away

Destiny Program

--
Public|Grades –
6020 151st St|1.35 Miles Away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1.36 Miles Away

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|1.58 Miles Away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.91 Miles Away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|2.06 Miles Away

Bert H Fulton School

A
Public|Grades PK–5
6601 171st St|2.47 Miles Away

Arbor Park Middle School

B
Public|Grades 5–8
17303 Central Ave|2.64 Miles Away

Morton Gingerwood Elementary School

--
Public|Grades 1–2
16936 Forest Ave|2.64 Miles Away

Transit

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

159th St & Terrace Dr

0.17 miles away|4 min walk

159th St & Arroyo Dr

0.24 miles away|5 min walk

159th St & Peggy Ln

0.39 miles away|8 min walk

159th St & Rob Roy Dr

0.48 miles away|10 min walk

159th St & Central Ave

0.59 miles away|12 min walk

159th St & Ridgeland Ave

0.69 miles away|14 min walk
Next

Transit

159th St & Terrace Dr

0.17 miles away|4 min walk

159th St & Arroyo Dr

0.24 miles away|5 min walk

159th St & Peggy Ln

0.39 miles away|8 min walk

159th St & Rob Roy Dr

0.48 miles away|10 min walk

159th St & Central Ave

0.59 miles away|12 min walk

159th St & Ridgeland Ave

0.69 miles away|14 min walk

159th St & Debra Ave

0.9 miles away|18 min walk

159th St & Debra Dr

0.91 miles away|18 min walk

159th St & Lorel Ave

1.05 miles away|21 min walk

6701 159th St (Ingalls Family Care)

1.16 miles away|23 min walk

159th St & Laramie Ave

1.29 miles away|25 min walk

159th St & Oak Park Ave

1.43 miles away|28 min walk

159th St & Le Claire Ave

1.47 miles away|29 min walk

Centennial Dr & Oak Park Ave

1.52 miles away|30 min walk

16130 Oak Park Ave

1.55 miles away|30 min walk

16136 Oak Park Ave

1.56 miles away|30 min walk

Oak Park Ave & 163rd Pl

1.65 miles away|32 min walk

Centennial Dr & Lexington Ct (W)

1.78 miles away|35 min walk

159th St & 71st Ct

1.79 miles away|35 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

1.83 miles away|36 min walk

Oak Park Ave & 165th Pl

1.86 miles away|36 min walk

Oak Forest

1.86 miles away|36 min walk

159th St & Cicero Ave (Metra Station)

1.89 miles away|37 min walk

159th St & Harlem Ave

1.94 miles away|38 min walk

Cicero Ave & 157th St

1.99 miles away|39 min walk

15840 S Cicero Ave

1.99 miles away|39 min walk

Cicero Ave & 159th St

1.99 miles away|39 min walk

Oak Forest Metra (15801 Cicero Ave)

1.99 miles away|39 min walk

Harlem Ave & 157th St

2.01 miles away|39 min walk

Cicero Ave & Waverly Ave

2.01 miles away|39 min walk

Harlem Ave & 159th St

2.01 miles away|39 min walk

Oak Park Ave & 167th St

2.02 miles away|39 min walk

Cicero Ave & 155th St

2.03 miles away|39 min walk

Centennial Dr & Brementowne Dr

2.03 miles away|39 min walk

Harlem Ave & 161st St

2.06 miles away|40 min walk

Harlem Ave & Wheeler Dr

2.06 miles away|40 min walk

Centennial Dr & Brementowne Rd

2.07 miles away|40 min walk

Cicero Ave & 154th St

2.1 miles away|41 min walk

159th St & Park Center Dr

2.14 miles away|42 min walk

Cicero Ave & 153rd St

2.16 miles away|42 min walk

Harlem Ave & 153rd St

2.18 miles away|42 min walk

Cicero Ave & 152nd St

2.23 miles away|43 min walk

159th St & Forest Dr

2.24 miles away|43 min walk

159th St & Forest Dr (Oak Forest Hospital)

2.24 miles away|43 min walk

Oak Park Ave & 169th St

2.29 miles away|44 min walk

Cicero Ave & 151st St

2.31 miles away|45 min walk

159th St & Olcott Ave

2.33 miles away|45 min walk

Cicero Ave & 149th St

2.51 miles away|49 min walk

167th St & Cicero Ave

2.53 miles away|49 min walk

159th St & 76th Ave

2.65 miles away|51 min walk

The Neighbourhood: 15818 Terrace Dr Unit R3

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15818 Terrace Dr Unit R3 Demographics

Age Demographics

0–14 Years

19.04%

15–29 Years

16.88%

30–44 Years

20.08%

45–59 Years

22%

60+ Years

22.01%

Commute

3.84%

Transit

2.13%

Walk

86.92%

Drive

0%

Bike

Housing Ownership

77.08%

Owner Occupied

22.92%

Rental Units

Household Types

Single Family
25.81%
Multi Family
13.79%
Single Person
24.95%
Multi Person
75.05%

Average Income

Household:$8,907,628.26 /yr

Individual:$3,718,088.66 /yr

Education

Bachelors Degree19.68%
High School College28.48%
Diploma10.93%
Post Graduate8.59%
Others32.33%
Next

Education

Diploma10.93%
Post Graduate8.59%
Others32.33%
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  2. /Oak Forest, IL
  3. /
    15818 Terrace Dr Unit R3
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