Oakbrook Terrace · DuPage County · IL
Homes for sale in
Oakbrook Terrace.
- Active listings
- 2
- Median list
- $440K
- Avg time on market
- 59 days
- Sold · last year
- 26
Active listings
2 homes on the market
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About the community
Living in Oakbrook Terrace.
Oakbrook Terrace is a small city of roughly 2,750 residents in eastern DuPage County, sitting directly north of Oak Brook and surrounded by Villa Park, Lombard, and Elmhurst in York Township. The footprint is under four square miles, but the city sits at one of the most convenient transportation crossroads in the western suburbs, with direct access to I-88 and I-294 and quick connections to I-290 and I-355. The Drury Lane Theatre at 100 Drury Lane is the cultural anchor, the Heritage Center and Heritage Park complex on Ardmore Avenue handles park district programming, and the Butterfield Road office strip drives daytime traffic. Housing leans toward townhomes and condos, which makes Oakbrook Terrace one of the easier Oak Brook adjacent entry points for buyers who want the location without the Oak Brook single family price tag.
At a glance
~2,750 residents
Population 2,751 at the 2020 census. Compact York Township city north of Oak Brook.
Drury Lane Theatre
Long running professional theater at 100 Drury Lane with a full musical and play season.
Oakbrook Center adjacent
Two million square foot outdoor mall just south in Oak Brook with Macy's, Nordstrom, Neiman Marcus, and AMC Theatres.
I-88 and I-294 access
Direct on and off ramps to both interstates, with I-290 and I-355 a few minutes further out.
DuPage School District 45
Pre-K through 8 served by D45 (Salt Creek, Stella Mae Swartz, Albright Middle). No high school inside city limits.
Heritage Park + Heritage Center
Park District flagship with a stocked lake, multi level playground, basketball, sand volleyball, tennis, and the 130 seat Mario Parente Theater.
Under 4 square miles
Compact municipal footprint. Most residents are a five minute drive from the mall, the theater, and the Butterfield Road office corridor.
Villa Park Metra one town north
Closest commuter rail is the Villa Park UP-W station at 349 N Ardmore Ave, about a five minute drive.
What’s close
Oakbrook Terrace occupies a compact rectangle in eastern DuPage County, bounded by Roosevelt Road, Butterfield Road, and the I-88 / I-294 interchange area.
- Oak Brook to the south
- Home of Oakbrook Center mall and the McDonald's headquarters campus. Most Oakbrook Terrace residents do their shopping and dining there.
- Villa Park to the north
- Closest UP-W Metra station and a denser stock of 1920s through 1950s single family homes for buyers who want detached.
- Lombard to the west
- Walkable downtown, Lilacia Park, and a deeper Yorktown Center retail strip. Same school district family (D45).
- Elmhurst to the east
- Bigger DuPage city, College of DuPage feeder, and additional UP-W Metra options.
- I-88 and I-294 interchange
- Direct interstate access at the city's southern edge, the single biggest reason commercial development sticks here.
- Drury Lane Theatre
- Anchor venue at 100 Drury Lane on the south end of the city, a regional draw for theater and event business.
What it’s actually like to live here
Living in Oakbrook Terrace means trading a yard for location. The housing stock is dominated by townhomes, condos, and mid rise residential, and most residents are a five minute drive from the Oakbrook Center mall, the Drury Lane Theatre, and the Butterfield Road office corridor. The Heritage Center on Ardmore Avenue hosts a 130 seat theater, preschool programming, and rental space, while Heritage Park provides a multi level playground, basketball courts, sand volleyball, tennis courts, a walking trail, and a stocked lake. For a four square mile city, the park district amenity set is meaningfully above what a footprint this size usually produces.
Day to day life is shaped by the interstates. Commuters use I-88 east toward the Loop or I-294 north to O'Hare, and the Union Pacific West Metra line is one town north at the Villa Park station. The mix of residential, office, and retail uses inside a sub four square mile footprint gives Oakbrook Terrace a denser, more urban feel than most DuPage suburbs of comparable size, and it tends to attract buyers who want condo or townhome ownership next to Oak Brook rather than detached single family in the surrounding villages.
Neighborhoods
Detailed Oakbrook Terrace community pages coming soon.
Browse the listings above. Detailed neighborhood pages with market stats, school info, and lifestyle take-downs land here as we roll them out.
Schools
Districts serving Oakbrook Terrace.
Boundary lines do shift. Always confirm in writing for a specific address before writing an offer.
- D45Grades Pre-K – 8
DuPage School District 45
Schools serving the area
- Salt Creek School (Pre-K to 1st)
- Stella Mae Swartz School (2nd to 4th)
- Albright Middle School (5th to 8th)
D45 covers Pre-K through 8 for Oakbrook Terrace and portions of Villa Park, Lombard, and Elmhurst. The district does not operate a high school, so high school assignment for Oakbrook Terrace addresses depends on the exact street. Verify per address before writing an offer.
Around town
What there is to do in Oakbrook Terrace.
A handful of the places people who live here actually use. Not a directory.
- Culture
Drury Lane Theatre
Long running professional theater at 100 Drury Lane with a full musical and play season plus event space.
- Parks
Heritage Park
Multi level playground, basketball courts, sand volleyball, tennis, walking trail, and a stocked lake on Ardmore Avenue.
- Family
Heritage Center
12,000 square foot park district building with the 130 seat Mario Parente Theater, preschool programming, and rental rooms.
- Shopping
Oakbrook Center
Two million square foot outdoor mall just south in Oak Brook anchored by Macy's, Nordstrom, Neiman Marcus, and AMC Theatres.
- Culture
Mario Parente Theater
Rentable 130 seat performance space inside the Heritage Center for community productions and rehearsals.
- Family
City of Oakbrook Terrace
Municipal site for city events, residents, and local business information. Useful for new buyer orientation.
Getting around
Commute + transit from Oakbrook Terrace.
- Routes: I-88 (Reagan Memorial Tollway) · I-294 (Tri-State Tollway) · Roosevelt Road (IL 38) · Butterfield Road
- O'Hare Airport: ~20 min
- Chicago Loop: ~30 min
By the numbers
Oakbrook Terrace taxes + market stats.
Property tax rates vary by exact township and assessor district. Confirm per address before pricing a purchase.
Property tax rate
1.72%
effective avg
Sales tax
8.00%
combined
Median sold price
$465,500
MRED · last 12 mo (26 sales)
Median household income
$70,586
ACS
How Oakbrook Terrace got here
A bit of history.
The area now called Oakbrook Terrace was originally a small farming community known as Elmhurst Countryside. In 1958 residents voted 331 to 164 to incorporate as the Village of Utopia, a name suggested by a local postmaster, with about 1,228 residents and just under four square miles of land. A Welcome to Utopia sign went up at 22nd Street and Midwest Road to celebrate the vote.
In November 1959 the community renamed itself Oakbrook Terrace, in part to associate with the growing Oak Brook area just to the south. Over the following decades it transitioned from farmland to a mix of low rise residential and commercial offices along Butterfield Road and Roosevelt Road. The Drury Lane Theatre, which opened in the area in the early 1960s, remains the city's signature cultural anchor and gives this otherwise compact suburb a venue with regional draw.
The questions buyers actually ask
Oakbrook Terrace FAQ
The questions I get most from buyers shopping Oakbrook Terrace. If yours isn't here, text 224-385-8779, same-day reply.
- Is Oakbrook Terrace the same as Oak Brook?
- No. They are two separate municipalities. Oakbrook Terrace is a small city of about 2,750 residents directly north of the larger village of Oak Brook. Oak Brook contains Oakbrook Center mall and the McDonald's headquarters campus, while Oakbrook Terrace is anchored by the Drury Lane Theatre and a denser stock of townhomes and condos.
- What kind of homes are available in Oakbrook Terrace?
- Housing leans toward townhomes, condos, and mid rise residential. Single family detached inventory is limited compared to surrounding towns like Lombard or Villa Park, which makes Oakbrook Terrace a strong fit for buyers who want lower maintenance ownership next to Oak Brook.
- How are the schools in Oakbrook Terrace?
- Pre-K through 8th grade students are served by DuPage School District 45, with Salt Creek, Stella Mae Swartz, and Albright Middle as the main neighborhood schools. There is no high school inside Oakbrook Terrace itself, so high school assignment depends on the residential address. Always confirm in writing per address before you write an offer.
- What is the commute to downtown Chicago?
- Oakbrook Terrace is about 15 miles from downtown Chicago. Most residents commute by car via I-290 or I-88, or drive to the Villa Park Metra station on the Union Pacific West line for rail service to Ogilvie Transportation Center. O'Hare is roughly a 20 minute drive via I-294.
- Is there a Metra station in Oakbrook Terrace?
- No, there is no Metra station inside city limits. The closest stop is the Villa Park station on the Union Pacific West line at 349 N Ardmore Avenue in Villa Park, about a five minute drive.
- What is the property tax rate?
- Oakbrook Terrace's effective property tax rate runs roughly 1.72 percent according to Ownwell's DuPage County data, which is meaningfully below the broader DuPage average. The median annual property tax bill is around 4,762 dollars.
- What is there to do in Oakbrook Terrace?
- The Drury Lane Theatre at 100 Drury Lane is the city's signature attraction. Heritage Park and the Heritage Center on Ardmore Avenue cover parks, sports courts, a stocked lake, and a community theater. Oakbrook Center mall is just south in Oak Brook, and the Butterfield Road office corridor adds dining options.
- Who is the real estate agent for Oakbrook Terrace?
- Joe Keegan is the local licensed Illinois real estate broker who covers Oakbrook Terrace in Oakbrook Terrace, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Oakbrook Terrace specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Nearby
Towns next to Oakbrook Terrace.
If you’re cross-shopping the area, these are the places that border Oakbrook Terrace.
Your local agent
Joe knows Oakbrook Terrace
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Oakbrook Terrace specialist
- Honest local market take
- Brokerocity
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
- No obligation, no spam, no auto-dialer