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Oak Terrace Apartments

15708 Terrace Drive, Oak Forest, IL, 60452

YearBuilt

Year Built

1974

Stories

# Stories

3

#TotalUnits

# Total Units

7
UnitSizeRange

Unit Size Range

1,050-1,150 sqft

UnitDemand

Unit Demand

Stories

Medium

UnitAvailability

Unit Availability

Stories

Low

Building Description

Oak Terrace Apartments, located at 15708 Terrace Drive, Oak Forest, IL, is a three-story residential complex built in 1974. This quaint building is not situated on a waterfront, ensuring a peaceful and private living environment. The apartments consist of a variety of 1, 2, and 3-bedroom units, providing comfortable living spaces for families, singles, and retirees alike. The robust construction features durable brick exteriors and shingle roofing, ensuring low maintenance and longevity. Oak Terrace Apartments offers residents practical amenities for daily convenience and leisure. It includes a community laundry facility, ample parking spaces, and secure entry systems for resident safety. Essential services and public transportation options are readily accessible from this location, ensuring connectivity and ease of commute. The surrounding area is characterized by lush green spaces and established neighborhoods, providing a serene backdrop to this cozy community. With parks and recreational facilities closely situated, residents have access to outdoor activities and leisure pursuits. Nearby, shopping centers, dining options, and essential services meet daily needs, making Oak Terrace Apartments a well-rounded residential choice.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
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Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Oak Terrace Apartments Market Report (last 12 months)

Avg. List Price
$105,000 ($132/Sqft.)
Year-Over-Year List Price
Down Arrow 0.13%
Total Listings
Listings1
Avg. Days On Market
Calendar108
Avg. Sale Price
$120,000 ($127/Sqft.)
Year-Over-Year Sale Price
0 0.00%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$5 /monthly

About Oak Terrace Apartments

Condo Living at Oak Terrace Apartments, located at 15708 TERRACE DRIVE,OAK FOREST,IL:

If you’re a first-time buyer looking for an inviting community, look no further than Oak Terrace Apartments. Nestled in the heart of Oak Forest, this charming three-story building, constructed in 1974, features a cozy selection of homes just waiting for you to make your own. With a total of only seven units, you can expect a tight-knit community vibe that enhances the appeal of condo living. The sizes of the available condos range from 1,050 to 1,150 square feet—the perfect size for a place to call your own.

Building Features and Unit Availability:

The demand for Oak Terrace Apartments is holding steady, although availability is currently low, making it a sought-after location for young professionals and new homeowners alike. Priced at an average of $120,000, these condos offer a price per square foot of $127, making them fairly comparable to other options in the area. With an average of 108 days on the market, you'll want to act quickly if you're ready to settle down in this delightful community!

Amenities You'll Love:

What could be better than coming home to a community that truly has it all? Oak Terrace boasts amazing amenities that cater to all lifestyles. Whether you enjoy a refreshing dip in the swimming pool on a hot summer day or prefer a leisurely afternoon on the sundeck, there’s something here for everyone. Tennis enthusiasts can put their skills to the test on the court or unwind with friends in the party room. Plus, there’s a relaxing spa and hot tub to melt away any stress. The surrounding park enhances the outdoor living experience, making it perfect for picnics, strolls, or just enjoying nature!

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Contact
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300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
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(855) 625-0319
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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847-668-3774

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