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$124,900 Just Listed
Property 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!
Full Property Details
Full Property Details for 15816 Terrace Dr #3W
General
- Price: $124,900
- HOA FEE: $200/month
- Taxes: $1,591 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12695499
- Updated: 7/5/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: None
- Interior Features: Storage
- Appliances: Microwave, Range, Refrigerator
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Coin Laundry, Storage, Sundeck, Pool, Security Door Lock(s), In Ground Pool
- Other Features: School Bus Service, Commuter Bus, Interstate Access
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 1
- Parking Features: Asphalt, Unassigned, Guest, Parking Lot, Yes, Other
Location
- Area: Oak Forest
- County: Cook
- Township: Bremen
- Driving Directions: 159th St. to Terrace, Turn left into complex, wind through complex to 15816
School Information
- School District: 145
- Elem School District: 145
- Midd School District: 145
- High School District: 228
- Elementary School: Scarlet Oak Elementary School
- Middle School: Arbor Park Middle School
- High School: Oak Forest High School
- Private School: Oak Forest High School
Community
- Assoc. Fees Include: Water, Parking, Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 20lbs.
- Mgmt. Company: HSR Property Services
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Electric, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Common Walls: End Unit
- Windows: Window Treatments, Drapes
- Sub-Flooring: Carpet
- Entry Floor Number: 3
- Stories/Levels: 3
- Square Feet: 700
- Sq. Ft. Source: Taped
- Year Built: 1974
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 6
Additional Structures
- Other Structures: None
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Green Features
- Energy Efficient: Low flow fixtures
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1974
- Tax Amount: $1,591.19
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 28174120561073
Listed by Infiniti Properties, Inc.
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Schools
Schools serving 15816 Terrace Dr #3W
School Districts:Arbor Park School District 145, Bremen Community High School District 228
| Name | Grades | Distance |
|---|---|---|
Scarlet Oak Elementary School 5731 Albert Drive, Oak Forest, IL 60452 | 3-4 | 0.4 mi |
Kimberly Heights Elementary School 6141 Kimberly Drive, Tinley Park, IL 60477 | PK-K | 1 mi |
Arbor Elementary School 17303 Central Ave, Oak Forest, IL 60452 | 1-2 | 2 mi |
Oak Forest High School 15201 Central Avenue, Oak Forest, IL 60452 | 9-12 | 1 mi |
Arbor Park Middle School 17303 Central Ave, Oak Forest, IL 60452 | 5-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15816 Terrace Dr #3W
Date
Details
Price
Change
Source
7/05/2026
Listed
$124,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15816 Terrace Dr #3W
15816 Terrace Drive #3W, Oak Forest, IL 60452 (MLS# 12695499) is a Condo property with 1 bedroom and 1 full bathroom. 15816 Terrace Drive #3W is currently listed for $124,900 and was received on July 05, 2026. Want to learn more about 15816 Terrace Drive #3W? Do you have questions about finding other Condo real estate for sale in Oak Forest? You can browse all Oak Forest real estate or contact a Coldwell Banker agent to request more information.
