Oak Terrace Apartments

15704 S Terrace Dr Drive, Oak Forest, IL, 60452

Oak Terrace ApartmentsCommunity

Units for Sale

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

View Listing

MLS ID #06530320

View Listing MLS ID #06530320

Year Built

# Stories

# Total Units

Unit Size Range

950-1,050 sqft

Unit Demand

Low

Unit Availability

Low

About Oak Terrace Apartments

Oak Terrace Apartments is a well-appointed residential building located at 15704 S Terrace Dr, Oak Forest, IL, bearing the postal code 60452. While the specific number of stories is unspecified, the complex offers a diverse range of apartment layouts, catering to different lifestyle needs. The architecture of Oak Terrace Apartments is clean and practical, emphasizing functionality and comfort. Inside, residents will find a variety of desirable amenities such as a community fitness center for maintaining an active lifestyle and a shared laundry facility designed for convenience. Outdoor enthusiasts will appreciate the landscaped garden spaces, offering a tranquil escape for relaxation and social gatherings. Surrounding Oak Terrace Apartments, the area boasts a blend of natural and urban attractions. Despite not being on a waterfront, the community enjoys proximity to several local parks, providing opportunities for recreation and leisure. The neighborhood supports essential conveniences, including access to public transportation, shopping centers, and dining options, enhancing the overall living experience. Easily accessible from major roadways, Oak Terrace Apartments represents a harmonious blend of suburban tranquility and urban accessibility, ensuring residents enjoy a balanced lifestyle.

View Listing

MLS ID #06530320

View Listing MLS ID #06530320

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

$145,000 ($145/Sqft.)

Year-Over-Year List Price

0.00%

Total Listings

Avg. Days On Market

Avg. Sale Price

$140,000 ($140/Sqft.)

Year-Over-Year Sale Price

0.00%

Total Sold

Avg. HOA Fees/Sqft

$5 /monthly

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Living in Oak Terrace Apartments

Condo Living at Oak Terrace Apartments, located at 15704 S TERRACE DR DRIVE,OAK FOREST,IL:

If you’ve been dreaming of homeownership, Oak Terrace Apartments might just be your first step into that exciting world! Nestled in the heart of Oak Forest, this cozy condo complex offers a blend of comfort and convenience, perfect for first-time buyers looking for a welcoming atmosphere. With the allure of private living, you can finally settle into a space that feels like home without overwhelming responsibilities.

Building Features and Unit Availability:

At Oak Terrace, you'll find a total of seven units available, ranging in size from 950 to 1,050 square feet. While availability is currently low, that just means it’s a hot spot for those seeking their own cozy retreat! These units are designed to maximize space and comfort, making them suitable for individuals or small families. The market activity has shown a swift turnaround, with an average closing price of $140,000, providing a great entry point for new buyers who want to own their own place.

Amenities You'll Love:

Imagine stepping out of your front door to find a shimmering swimming pool just a stone's throw away! The amenities at Oak Terrace are also a highlight, featuring a inviting party room for hosting gatherings or simply enjoying downtime with friends. These communal areas foster a sense of community while allowing you to balance relaxation and social living. Whether you’re taking a dip in the pool or celebrating milestones with neighbors, Oak Terrace provides the perfect backdrop.

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