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The Terrace Homes for Sale

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  • /34

    $425,000

    • 3 Beds
    • 1.5 Baths
    • 1,188 Sq Ft

    8616 N Oleander Ave, Niles, IL 60714

    Charming Brick Ranch in Niles! This move-in ready 3-bedroom, 1.5-bath home boasts gleaming hardwood floors throughout. The spacious living and dining rooms are filled with natural light from large windows and highlighted by elegant chandeliers, creating the perfect setting for gatherings. The bright eat-in kitchen features brand-new flooring, while the inviting living room offers plenty of space

    Holly Baer Coldwell Banker Realty

    8616 N Oleander Ave, Niles, IL 60714
  • /27

    $379,999

    • 3 Beds
    • 2 Baths
    • 1,664 Sq Ft

    8760 N Oketo Ave, Niles, IL 60714

    BEST PRICE IN NILES!! SOLID-VERY SPACIOUS RANCH. ENGINEERED WOOD FLOORS THRU-OUT. MASTER BEDROOM HAS ITS OWN BATH ENSUITE. FAMILY ROOM COULD BE 4TH BEDROOM OR OFFICE. EAT-IN KITCHEN W/AMPLE CABINET SPACE. GREAT STARTER HOME. MINUTES TO 94/294. PROPERTY IS IN GREAT CONDITION, BEAUTIFUL! BEAUTIFUL HOME IN A GREAT NEIGHBORHOOD! Home features: New roof -2018, New water heater 2021, New AC 2017,

    Erich Muellner @properties Christie?s International Real Estate

    8760 N Oketo Ave, Niles, IL 60714

Why Live in The Terrace

The Terrace neighborhood in Niles features a grid of single-family homes, including Cape Cods and midcentury ranch-style houses, with square lawns and detached garages. The area is primarily residential, with a few retailers on Dempster Street. The crime rate is lower than the national average. Oak Park, within walking distance, offers ball fields, courts, a playground, and a butterfly garden, and hosts a free concert series on summer Fridays. Grennan Heights Park, less than a mile south, provides outdoor fields, courts, a playground, and an indoor gym for youth programs. The North Branch Trail, accessible from Miami Woods a mile north, offers a continuous biking and walking path to the Chicago Botanic Garden. Dempster Street features shops and dining options, including Village Plaza with stores like Hobby Lobby and TJ Maxx, and eateries such as Culver’s and Tava Fresh Taste of India. Milwaukee Avenue has various global cuisine restaurants and will see a major redevelopment of Golf Mill Shopping Center by 2027. Annual events include a Fourth of July Parade and the Big Greek Food Fest. The Terrace is car-dependent, but Pace Suburban buses and nearby Metra and L train stations provide public transit options. Schools in the area include highly rated Melzer Elementary, Gemini Middle School, and Maine East High School, as well as the private Notre Dame College Prep.

Frequently Asked Questions

Is The Terrace a good place to live?
The Terrace is a good place to live. The Terrace is considered somewhat walkable and bikeable with some transit options. The Terrace is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. The Terrace has 4 parks for recreational activities. It has a median age of 51. The average household income is $106,478 which is below the national average. College graduates make up 45.4% of residents. A majority of residents in The Terrace are home owners, with 13% of residents renting and 87% of residents owning their home. A local real estate agent serving The Terrace can help you decide if this neighborhood is the right one for you. Learn more on our The Terrace neighborhood guide.
Is The Terrace, IL a safe neighborhood?
The Terrace, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in The Terrace?
The median home price in The Terrace is $449,900. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.23%, your estimated principal and interest payment would be $2,210 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $95K a year to afford the median home price in The Terrace. Learn how much home you can afford with our Home Affordability Calculator. The average household income in The Terrace is $106K.
What are the best public schools in The Terrace?
The best public schools that serve The Terrace are:
  • Maine East High School has an A Niche grade, a student teacher ratio of 15:1 and an average review score of 3.9.
  • Melzer School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 4.7.
  • Gemini Middle School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.4.
What are the best private schools in The Terrace?
The best private schools that serve The Terrace are:
What are the most popular zip codes in The Terrace, Niles, IL?
The most popular zip codes in The Terrace, Niles, IL include 60714, 60053, 60068, 60025 and 60631.
What are the most popular neighborhoods near The Terrace, Niles, IL?
The most popular neighborhoods near The Terrace, Niles, IL are Grennan Heights, Chesterfield Gardens, Evergreen Estates, Ballard Terrace and Courtland Park.

Home Trends in The Terrace, IL

Housing Trends

Median Sale Price
$450,000
Median Single Family Sale Price
$439,500
Average Price Per Sq Ft
$312
Number of Homes for Sale
2
Last 12 months Home Sales
17
Months of Supply
1.40
Median List Price
$449,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
14%
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