Oak Terrace Apartments

15832 Terrace Drive, Oak Forest, IL, 60452

Oak Terrace ApartmentsCommunity

Units for Sale

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

View Listing

MLS ID #12263749

View Listing MLS ID #12263749

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

View Listing MLS ID #12170374

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

View Listing MLS ID #12263749

Year Built

1975

# Stories

# Total Units

Unit Size Range

1,450-1,550 sqft

Unit Demand

Low

Unit Availability

Low

Building Description

Oak Terrace Apartments, located at 15832 Terrace Drive in Oak Forest, IL, is a three-story residential building completed in 1975. Highlighting a tranquil waterfront setting, this structure offers picturesque views and a serene atmosphere for residents. The apartment complex is designed with a focus on practicality and comfort, featuring spacious units that cater to various living arrangements. Constructed with durable materials, Oak Terrace Apartments includes amenities such as an on-site laundry facility and private parking spaces for residents' convenience. The building's exterior is characterized by its classic brick facade, blending harmoniously with the natural environment. A well-maintained community garden and picnic area add to the charm, promoting outdoor leisure and relaxation. Residents benefit from easy access to nearby recreational areas, enhancing the overall living experience. The neighborhood provides a peaceful retreat, while still offering close proximity to essential services, shopping centers, and public transportation options. Oak Terrace Apartments represents a harmonious balance between accessibility and a tranquil living experience, making it a desirable choice for those seeking both comfort and convenience.

View Listing

MLS ID #12263749

View Listing MLS ID #12263749

View Listing MLS ID #12170374

View Listing MLS ID #12263749

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

$142,450 ($163/Sqft.)

Year-Over-Year List Price

0.00%

Total Listings

Avg. Days On Market

Avg. Sale Price

$136,500 ($156/Sqft.)

Year-Over-Year Sale Price

0.00%

Total Sold

Avg. HOA Fees/Sqft

$5 /monthly

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About Oak Terrace Apartments

Condo Living at Oak Terrace Apartments, located at 15832 TERRACE DRIVE, OAK FOREST, IL:

Are you considering stepping into the exciting world of homeownership? Look no further than Oak Terrace Apartments, a delightful condo community nestled in the heart of Oak Forest, Illinois. Built in 1975 and spread across three charming stories, this building exudes warmth and comfort, making it a fantastic option for first-time buyers like you. With a modest number of units (just seven!), you'll find a cozy atmosphere that fosters a sense of community — perfect for meeting your new neighbors!

Building Features and Unit Availability:

Finding your dream condo can be challenging, but Oak Terrace Apartments makes it feel effortless. The available units range from 1,450 to 1,550 square feet, allowing for generous living space without overwhelming you. While availability is currently low, the demand is equally laid-back, ensuring a relaxed buying experience. With each unit being thoughtfully designed, you’ll love how they cater to modern living with style and functionality.

Amenities You'll Love:

One of the standout perks of living at Oak Terrace is its impressive lineup of amenities. Imagine starting your day with a refreshing morning swim in the pool or a casual match on the tennis courts. If you’re in the mood for socializing, the charming clubhouse or party room is just the place to throw a gathering or meet with friends. Plus, take advantage of serene trails nearby for those leisurely evening strolls, providing a perfect blend of outdoor activity and relaxation.

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