Skip to content
Photo 1 of 23
Photo 1 of 23 — 15816 Terrace Drive 3W, Oak Forest, IL 60452
View all 23 photos

15816 Terrace Drive 3W, Oak Forest, IL 60452

Cook County

Key Facts

1Beds
1Baths
700Sq Ft
1974Year Built
3Stories

Description

Welcome home to this beautifully maintained 1-bedroom, 1-bath condo offering approximately 700 sq. ft. of comfortable, low-maintenance living in desirable Oak Forest! Step inside to find new luxury vinyl plank flooring throughout, creating a modern and inviting feel. The bright, open living area flows seamlessly into the dining space featuring a breakfast bar, perfect for casual dining, entertaining, or your morning coffee. The spacious bedroom offers generous closet space, while the full bath is clean and well-maintained. Relax on your private balcony or take advantage of the community outdoor pool, ideal for enjoying warm summer days. Conveniently located near shopping, restaurants, parks, Metra, and major expressways, this move-in-ready condo is perfect for first-time buyers, downsizers, or anyone seeking affordable, maintenance-free living. Don't miss this opportunity-schedule your private showing today!

Property Information

Property Type

Residential

Sub-Type

Condominium

Year Built

1974

Stories

3

Living Area

700 sq ft

Lot Dimensions

COMMON

Parking Spaces

1

Ownership

Condo

Days on Market

7

MLS® Listing#

12695499

Property Features

Interior

Storage

Exterior

Balcony

Appliances

MicrowaveRangeRefrigerator

Cooling

Wall Unit(s)

Heating

ElectricBaseboard

Flooring

Carpet

Basement

None

Pool

In Ground

Parking

AsphaltUnassignedGuestParking LotOther

Laundry

Common Area

Construction

Brick

Foundation

Concrete Perimeter

Roof

Asphalt

Windows

Window TreatmentsDrapes

Other Structures

None

Sewer

Public Sewer

Rooms

  • 5X10Main
  • Bedroom 2
  • Bedroom 3
  • Bedroom 4
  • Dining Room7X7Main
  • Family Room
  • Kitchen6X7Main
  • Laundry
  • Living Room22X18Main
  • Master Bedroom11X17Main

Schools

Elementary:
Scarlet Oak Elementary School
Middle:
Arbor Park Middle School
High:
Oak Forest High School
District:
Oak Forest High School

Financial Details

HOA

$200 / Monthly

Annual Taxes

$1,591

Tax year 2023

Parcel Number

28174120561073

Directions

159th St. to Terrace, Turn left into complex, wind through complex to 15816

Affordability Calculator

$24,980

Estimated monthly payment

$665/mo

Principal $99,920 · Est. interest $139,397 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Oak Forest, IL

$309,659
Median Listing Price
33
Median Days on Market
1,422
Median Sq Ft
$210
Median Price / Sq Ft
523
Active Listings
  • This home’s price is 60% below the area median.
  • Its price per sq ft is 15% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Oak Forest, IL.

Location

  • 15816 Terrace Drive 3W, Oak Forest, IL 60452

Points of Interest in Oak Forest, IL

Showing the Oak Forest area map.

Nearby Schools

  • Scarlet Oak Elementary School

    Elementary · 0.4 mi away

  • Lee R Foster Elementary School

    Elementary · 0.7 mi away

  • Fierke Education Center

    Elementary · 0.8 mi away

  • St Damian School

    School · 0.9 mi away

  • Oak Forest High School

    Secondary · 1.0 mi away

  • Jack Hille Middle School

    Secondary · 1.0 mi away

  • Kimberly Heights School

    Elementary · 1.0 mi away

  • Deaf/Hard of Hearing Program

    School · 1.0 mi away

  • Trinity Lutheran Church and School

    School · 1.2 mi away

  • Homewood Christian Academy

    School · 1.4 mi away

  • Arbor Park Middle School

    Elementary · 1.4 mi away

  • Forest Ridge School District 142

    Elementary · 1.5 mi away

  • Ridge Early Childhood Center

    School · 1.5 mi away

  • Hope Montessori

    Elementary · 1.8 mi away

  • Fulton School

    Elementary · 1.8 mi away

  • Bright Visions Learning Academy

    School · 1.9 mi away

  • Arbor Park Middle School

    Secondary · 2.0 mi away

  • Morton Gingerwood Elementary School

    Elementary · 2.0 mi away

  • Al Ibda3 Center

    School · 2.0 mi away

  • Kruse Education Center

    Elementary · 2.1 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Oak Forest

Midwest Real Estate Data logo

Listing Courtesy: Infiniti Properties, Inc. - 7082063000

Based on information submitted to the MLS GRID as of 2026-07-05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-07-05

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Mainstreet Organization of Realtors. MLS® Listing#12695499. © 2026EXIT Realty®. All rights reserved.