Oakbrook Terrace, IL, Real Estate

Oakbrook Terrace, Illinois, is a small but vibrant city in DuPage County, located about 20 miles west of Chicago. Known for its strategic location near major highways like I-88 and I-294, it serves as a commercial hub with a mix of corporate offices, retail centers, and dining options. The city is home to the iconic Drury Lane Theatre, a popular venue for live performances, and the lush Oakbrook Terrace Park District, which offers recreational spaces for residents. With a population of around 2,000, this compact community balances suburban charm with urban accessibility, making it an attractive spot for professionals and families alike. Its proximity to Oak Brook’s upscale shopping and business districts further enhances its appeal as a dynamic, well-connected locale.

Oakbrook Terrace currently has 4 single family homes for sale with an average list price of $581,125, 1 townhouse for sale with a list price of $699,900, and 3 condos for sale with an average list price of $244,933.33. The average annual property tax for Oakbrook Terrace is $5,723.05.

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Schools

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Oakbrook Terrace, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions/Buildings

Subdivisions/Buildings Median Price
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Arbor 40

Arbor 40 is a condo community in Oakbrook Terrace, Illinois, built between 1973 and 1974. It currently has 2 condos for sale with an average list price of $222,450. The homes range in size from 1,080 ft2 to 1,637 ft2. The average annual property tax for Arbor 40 is $3,843.70. It is located in DuPage County. Arbor 40 is a condominium complex built in the mid 1970s. Arbor 40 is located in Oakbrook Terrace, Illinois off of Spring Road south of Roosevelt Road. ... Read more
Median Price: $282,500
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Berkshire

Berkshire is a single-family home, townhouse, and condo community in Oakbrook Terrace, Illinois, built between 1995 and 1997 by Town & Country Homes. It currently has 1 single family home for sale with a list price of $599,500. The homes range in size from 1,610 ft2 to 3,184 ft2. The average annual property tax for Berkshire is $10,266.51. It is located in DuPage County. Berkshire is a townhouse community built in the mid 1990s by Town & Country Homes. Berkshire is located on Meyers Road just north of Butterfield Road in Oakbrook Terrace, Illinois. ... Read more
Median Price: $592,000
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Oakbrook Terrace Estates

Oakbrook Terrace Estates is a condo building in Oakbrook Terrace, Illinois, built between 1980 and 1981. It currently has 1 condo for sale with a list price of $289,900. The homes range in size from 840 ft2 to 1,252 ft2. The average annual property tax for Oakbrook Terrace Estates is $2,711.71. Oakbrook Terrace Estates is a 52 unit condo building built in 1981. It is located at 1S150 Spring in Oakbrook Terrace, Illinois. ... Read more
Median Price: $246,000
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Oliviabrook

Oliviabrook is a townhouse community in Oakbrook Terrace, Illinois, built between 2015 and 2016. It currently has 1 townhouse for sale with a list price of $699,900. The homes range in size from 1,640 ft2 to 3,694 ft2. The average annual property tax for Oliviabrook is $10,013.77. It is located in DuPage County. Oliviabrook is a townhome community built in 2011 by Hartz Construction. Oliviabrook is located in Oakbrook Terrace, Illinois on Oliviabrook Drive north of Butterfield Road and west of Route 83. ... Read more
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Spring Club

Spring Club is a condo community in Oakbrook Terrace, Illinois, built in 1987. It currently has no homes for sale. The homes range in size from 2,338 ft2 to 2,558 ft2. The average annual property tax for Spring Club is $6,138.04. It is located in DuPage County. Spring Club is a 22 unit condominium building built in 1987. It is located in Oakbrook Terrace, Illinois at 1S045 Spring Road, south of Roosevelt Road and east of Butterfield Road. ... Read more
Median Price: $390,950

Subdivisions/Buildings

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Market Trends

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Nearby Parks

Dorothy Drennon Park

Nimitz and Eisenhower
Picnic Areas Playground Shelter

Terrace View Park

1 Parkview Plaza
Hiking Paths Ice Skating Rink Picnic Areas Playground Softball Fields Trails

Nearby Parks

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Real Estate News

New Homes with Master Bedrooms on the 1st Floor in Oakbrook Terrace: July 19th to July 25th

New Homes with Master Bedrooms on the 1st Floor in Oakbrook Terrace: July 19th to July 25th - July 26, 2025

Oakbrook Terrace had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 19 to Friday, July 25, including 2 ... continue reading
New Homes For Sale This Week in Oakbrook Terrace: July 18th to July 24th

New Homes For Sale This Week in Oakbrook Terrace: July 18th to July 24th - July 25, 2025

Oakbrook Terrace had 2 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 2 single family homes for sale with an average ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Oakbrook Terrace: July 12th to July 18th

New Homes with Master Bedrooms on the 1st Floor in Oakbrook Terrace: July 12th to July 18th - July 19, 2025

Oakbrook Terrace had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 12 to Friday, July 18, including 1 ... continue reading
New Homes For Sale This Week in Oakbrook Terrace: July 11th to July 17th

New Homes For Sale This Week in Oakbrook Terrace: July 11th to July 17th - July 18, 2025

Oakbrook Terrace had 3 new homes for sale during the week of Friday, July 11 to Thursday, July 17, including including 1 single family home for sale with a list ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Oakbrook Terrace: July 5th to July 11th

New Homes with Master Bedrooms on the 1st Floor in Oakbrook Terrace: July 5th to July 11th - July 12, 2025

Oakbrook Terrace had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, July 5 to Friday, July 11, and ... continue reading
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