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  1. Home
  2. /Oak Forest, IL
  3. /
    Oak Terrace Apartments

Oak Terrace Apartments

15820 Terrace Drive, Oak Forest, IL, 60452

Oak Terrace ApartmentsCommunity
0 Units for Sale

Front view of a multi-story brick apartment building.View Listing
MLS ID #11296696
Front view of a multi-story brick apartment building.View ListingMLS ID #11296696
Front view of a three-story brick building with large windows.View ListingMLS ID #11849323
Front view of a multi-story brick building with balconies.View ListingMLS ID #11849323
Front view of multiple-story brick apartment buildings.View ListingMLS ID #11296696
YearBuilt

Year Built

1978

Stories

# Stories

1

#TotalUnits

# Total Units

10
UnitSizeRange

Unit Size Range

950-1,050 sqft

UnitDemand

Unit Demand

Stories

Medium

UnitAvailability

Unit Availability

Stories

Low


About Oak Terrace Apartments

Oak Terrace Apartments sits at 15820 Terrace Drive in Oak Forest near the corner of Terrace Drive and 158th Street. The building is a 1-story low-rise condo with 10 units. The setting faces a residential street with sidewalks and mature trees along the front. Built in 1978, the property has 1 and 2 bedroom floor plans. Unit sizes range from 950 to 1,050 sq ft. Recent sales ran from $100,000 to $107,000. The price band reflects the local market for similar sized homes in the area. The site has a pool and tennis court(s) on the grounds. A party room provides a place for gatherings. The property also has a bike room and bike trails nearby. A school bus stop serves the block for student pickup and drop off. Thorn Creek runs near the neighborhood and provides a green corridor for walks. Major roads in the area include 159th Street and Central Avenue, which connect to nearby suburbs and shopping corridors. The street network makes short drives to larger arterials possible. Bella Flowers lies a short drive away and serves floral needs for events. La Finca Grill provides Latin fare within easy reach for residents. Jamaica Jerk Choice serves Caribbean dishes for takeout or dine-in on nearby commercial streets. Units sit in a quiet, low-rise building that keeps shared areas compact. Common spaces receive regular upkeep and the grounds have simple landscaping. The mix of outdoor amenities and close-by restaurants makes the property suitable for buyers seeking straightforward home size and neighborhood services.

Front view of a multi-story brick apartment building.View Listing
MLS ID #11296696
Front view of a multi-story brick apartment building.View ListingMLS ID #11296696
Front view of a three-story brick building with large windows.View ListingMLS ID #11849323
Front view of a multi-story brick building with balconies.View ListingMLS ID #11849323
Front view of multiple-story brick apartment buildings.View ListingMLS ID #11296696

Amenities

One of the standout features of Oak Terrace is the array of amenities that enhance the living experience. Imagine hosting summer barbecues by the pool or engaging in friendly competition on the tennis courts—fun options to unwind after a long day. There's also a party room for those occasions you want to celebrate with family and friends. Plus, for those who enjoy being active, the bike room and surrounding bike trails provide easy access to outdoor adventures. And don't worry if you have a furry friend—cats and dogs are both welcome here!

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

Building Policies

When it comes to living arrangements, Oak Terrace plays it fair and simple. The building allows a certain number of pets, so you won’t have to leave your fur babies behind. However, keep in mind that there are size limits on pets, ensuring the community remains comfortable for everyone.

Pet AllowedPets AllowedCheck Icon
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)

Market report data is not available for this building

Oak Terrace Apartments Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1170011362023-09-08
MLS#: 11849323
Closed$107,000
Unit RO3RO3100021502021-06-02
MLS#: 11051330
Closed$90,000
Unit 2S2S-11442007-11-29
MLS#: 06705348
Closed$100,000
Unit 1
1

1 Beds

1 Baths

700 sqft

Days On Market36

DateStatusPrice
2023-09-08Closed$107,000
MLS#: 11849323
Unit 2S
2S

1 Beds

1 Baths

0 sqft

Days On Market44

DateStatusPrice
2007-11-29Closed$100,000
MLS#: 06705348
Unit RO3
RO3

2 Beds

1 Baths

1000 sqft

Days On Market50

DateStatusPrice
2021-06-02Closed$90,000
MLS#: 11051330
View Complete Unit Listing HistorySource By: MRED

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)
Oak Terrace Apartments--
15818 Terrace Dr$160/sqft.$5 /sqft.
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.

Nearby Schools

Discover top-rated schools located close to Oak Terrace Apartments.

Scarlet Oak Elementary School

B-
Public|Grades 3–4
5731 Albert Dr|0.5 miles away

Lee R Foster Elementary School

A-
Public|Grades 1–5
5931 School St|0.94 miles away

Walter F Fierke Education Center

B-
Public|Grades PK–5
6535 Victoria Dr|1.04 miles away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.28 miles away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.3 miles away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1.33 miles away
Schoolsarrow right
View nearby schools
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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|1.04 Miles Away

St Damian School

--
Private|Grades PK–8
5300 155th St|1.28 Miles Away

Oak Forest High School

A-
Public|Grades 9–12
15201 Central Ave|1.30 Miles Away

Kimberly Heights Elementary School

--
Public|Grades PK–KG
6141 Kimberly Dr|1.33 Miles Away

Jack Hille Middle School

C-
Public|Grades 6–8
5800 151st St|1.35 Miles Away

Braun Educational Center

--
Public|Grades –
6020 151st St|1.38 Miles Away

Destiny Program

--
Public|Grades –
6020 151st St|1.38 Miles Away

Project Challenge

--
Public|Grades –
6020 151st St|1.38 Miles Away

Communication Development Program

--
Public|Grades –
6020 151st St|1.38 Miles Away

Deaf/Hard of Hearing Program

--
Public|Grades –
6020 151st St|1.38 Miles Away

Trinity Lutheran School

--
Private|Grades PK–8
6850 159th St Ste ...|1.56 Miles Away

Kerkstra Elementary School

A+
Public|Grades 1–5
14950 Laramie Ave|1.94 Miles Away

Ridge Early Childhood Center

--
Public|Grades PK–KG
5151 149th St|2.09 Miles Away

Bert H Fulton School

A
Public|Grades PK–5
6601 171st St|2.44 Miles Away

Arbor Park Middle School

B
Public|Grades 5–8
17303 Central Ave|2.62 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

0.16 miles away|3 min walk

159th St & Arroyo Dr

0.21 miles away|5 min walk

159th St & Peggy Ln

0.4 miles away|8 min walk

159th St & Rob Roy Dr

0.45 miles away|9 min walk

159th St & Central Ave

0.61 miles away|12 min walk

159th St & Ridgeland Ave

0.67 miles away|13 min walk
Transitarrow right
View nearby transit options
Next

Transit

159th St & Terrace Dr

0.16 miles away|3 min walk

159th St & Arroyo Dr

0.21 miles away|5 min walk

159th St & Peggy Ln

0.4 miles away|8 min walk

159th St & Rob Roy Dr

0.45 miles away|9 min walk

159th St & Central Ave

0.61 miles away|12 min walk

159th St & Ridgeland Ave

0.67 miles away|13 min walk

159th St & Debra Ave

0.91 miles away|18 min walk

159th St & Debra Dr

0.93 miles away|18 min walk

159th St & Lorel Ave

1.07 miles away|21 min walk

6701 159th St (Ingalls Family Care)

1.14 miles away|22 min walk

159th St & Laramie Ave

1.31 miles away|26 min walk

159th St & Oak Park Ave

1.41 miles away|27 min walk

159th St & Le Claire Ave

1.49 miles away|29 min walk

Centennial Dr & Oak Park Ave

1.5 miles away|29 min walk

16130 Oak Park Ave

1.53 miles away|30 min walk

16136 Oak Park Ave

1.53 miles away|30 min walk

Oak Park Ave & 163rd Pl

1.62 miles away|32 min walk

Centennial Dr & Lexington Ct (W)

1.75 miles away|34 min walk

159th St & 71st Ct

1.77 miles away|34 min walk

Centennial Dr & Centennial Cir / Plymouth Ct (E)

1.8 miles away|35 min walk

Oak Park Ave & 165th Pl

1.83 miles away|35 min walk

Oak Forest

1.88 miles away|37 min walk

159th St & Cicero Ave (Metra Station)

1.91 miles away|37 min walk

159th St & Harlem Ave

1.92 miles away|37 min walk

Harlem Ave & 159th St

1.99 miles away|39 min walk

Oak Park Ave & 167th St

1.99 miles away|39 min walk

Harlem Ave & 157th St

1.99 miles away|39 min walk

Centennial Dr & Brementowne Dr

2 miles away|39 min walk

15840 S Cicero Ave

2.01 miles away|39 min walk

Cicero Ave & 157th St

2.01 miles away|39 min walk

Cicero Ave & 159th St

2.01 miles away|39 min walk

Oak Forest Metra (15801 Cicero Ave)

2.01 miles away|39 min walk

Cicero Ave & Waverly Ave

2.03 miles away|39 min walk

Harlem Ave & 161st St

2.03 miles away|39 min walk

Centennial Dr & Brementowne Rd

2.04 miles away|40 min walk

Harlem Ave & Wheeler Dr

2.05 miles away|40 min walk

Cicero Ave & 155th St

2.05 miles away|40 min walk

Cicero Ave & 154th St

2.12 miles away|41 min walk

159th St & Park Center Dr

2.12 miles away|41 min walk

Harlem Ave & 153rd St

2.17 miles away|42 min walk

Cicero Ave & 153rd St

2.19 miles away|42 min walk

159th St & Forest Dr

2.26 miles away|44 min walk

159th St & Forest Dr (Oak Forest Hospital)

2.26 miles away|44 min walk

Oak Park Ave & 169th St

2.26 miles away|44 min walk

Cicero Ave & 152nd St

2.26 miles away|44 min walk

159th St & Olcott Ave

2.31 miles away|45 min walk

Cicero Ave & 151st St

2.34 miles away|45 min walk

167th St & Cicero Ave

2.53 miles away|49 min walk

Cicero Ave & 149th St

2.54 miles away|49 min walk

159th St & 76th Ave

2.63 miles away|51 min walk

The Neighborhood:

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  1. Home
  2. /Oak Forest, IL
  3. /
    Oak Terrace Apartments
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