Year Built
1978
# Stories
1
# Total Units
10Unit Size Range
950-1,050 sqft
Unit Demand
Medium
Unit Availability
Low
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.
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!
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.
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Market report data is not available for this building
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| 1 | 700 | 1 | 1 | 36 | 2023-09-08 MLS#: 11849323 | Closed | $107,000 | |
| RO3 | 1000 | 2 | 1 | 50 | 2021-06-02 MLS#: 11051330 | Closed | $90,000 | |
| 2S | - | 1 | 1 | 44 | 2007-11-29 MLS#: 06705348 | Closed | $100,000 |

1 Beds
1 Baths
700 sqft
| Date | Status | Price |
|---|---|---|
| 2023-09-08 | Closed | $107,000 |

1 Beds
1 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2007-11-29 | Closed | $100,000 |

2 Beds
1 Baths
1000 sqft
| Date | Status | Price |
|---|---|---|
| 2021-06-02 | Closed | $90,000 |
| Building Name | Avg price per square foot | AVG 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. |
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142