Date
Details
Price
Change
Source
1/16/2026
Listed
$164,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$164,900 Just Listed
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1/18
Property Description
Newly updated 3rd floor penthouse unit! 2 bedroom, 1 bath condo with sun-filled south and southwest views (balcony faces southern views). Repainted interior, brand new carpeting and LPV flooring. Brand new range and dishwasher, fridge is a few years old. New lighting/ceiling fans and fixtures. The bathroom surround has new plumbing lines/tile surround and vanity top. Brand new AC wall unit. Units are not rentable. Additional storage in the building along with laundry. 2 parking spaces come with the unit, however not assigned.
Full Property Details
Full Property Details for 15818 Terrace Dr #R3
General
- Price: $164,900
- HOA FEE: $233/month
- Taxes: $3,247 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12549183
- Updated: 1/16/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: None
- Appliances: Range, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 2
- Parking Features: Unassigned, Yes, Other
Location
- Area: Oak Forest
- County: Cook
- Township: Bremen
- Driving Directions: 159th Street west of Central to Terrace, north to Terrace (east/west street). Turn left and go to next interior street. Turn left and building is 3rd one on your right.
School Information
- School District: 145
- Elem School District: 145
- Midd School District: 145
- High School District: 228
Community
- Assoc. Fees Include: Water, Parking, Insurance, Clubhouse, 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
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 3
- Stories/Levels: 3
- Square Feet: 1,000
- Sq. Ft. Source: Estimated
- Year Built: 1975
- Built Before 1978: Yes
Unit Information
- Units in Building: 6
Lot Features
- Lot Dimensions: 60 x 80
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $233
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1975
- Tax Amount: $3,247
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 28174120561070
Listed by Wilk Real Estate
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Schools
Schools serving 15818 Terrace Dr #R3
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15818 Terrace Dr #R3
Tax History
Tax History for 15818 Terrace Dr #R3
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,247
3%
$8,978
32%
2022
$3,163
3%
$6,789
—
2021
$3,084
4%
$6,789
—
2020
$2,974
45%
$6,789
49%
2019
$2,051
—
$4,571
—
Disclaimer: Historical tax 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 15818 Terrace Dr #R3
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- Condo
- Active
- Updated 7 days ago
- 2Beds
- 2Total Baths
- 1,000Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 960Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,002Sq. Ft.
![[Address not provided], Midlothian, IL 60445 - Photo 1](https://m1.cbhomes.com/p/155/12545649/5A49dBb6d7dB41c/s23cc.webp)
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,350Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 2Beds
- 1Total Bath
- 828Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 725Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 2,400Sq. Ft.
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- Condo
- Closed
- Updated 13 days ago
- 2Beds
- 2Total Baths
- 900Sq. Ft.
15818 Terrace Drive #R3, Oak Forest, IL 60452 (MLS# 12549183) is a Condo property with 2 bedrooms and 1 full bathroom. 15818 Terrace Drive #R3 is currently listed for $164,900 and was received on January 16, 2026. Want to learn more about 15818 Terrace Drive #R3? 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.