Oak Brook Terrace Market Trends

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Oakbrook Terrace is located in DuPage County near many of the great attractions and shopping of neighboring Oak Brook. Oakbrook Terrace Homes are a great option for families looking for the perfect house with spacious bedrooms and large yards. The community also has townhouses and condos are another kind of real estate that is both beautiful and affordable.

Another great aspect of the area are the Oakbrook Terrace Schools which offer access to great public and private schools as well as local colleges. Local entertainment include being conveniently near the Oak Brook Shopping Mall which has everything from high end designer shops and casual restaurants and dining.

Oakbrook Terrace Restaurants include everything from fast food to sit-down meals and many unique and locally owned establishments. Nearby commuter trains like the Elmhurst Metra Station make it easy for commuters to live in the suburbs and still enjoy Chicago jobs or the theaters and museums in the Chicago Loop.

Transportation in the area also includes Pace Bus Routes with affordable fares and plenty of routes connecting to the Chicago CTA Trains and other suburban communities. Other great features include the Drury Lane Theatre which hosts live theater performances and is located in Oakbrook Terrace.

Oakbrook Terrace Nightlife is another great feature and includes many fun and exciting bars and taverns with affordable drink specials and located near home. Oakbrook Terrace Parks are a great way families can enjoy the outdoors, playgrounds, and great place for athletic associations to host sports games.


TopLocation

Oakbrook Terrace is located in DuPage County and the west suburbs of Chicago, approximately 17 miles west of the Chicago Loop. Oakbrook Terrace is also located just north of the Ronald Reagan Memorial Highway (Interstate 88).

Nearby communities and suburbs include Oak Brook, Villa Park, Lombard, Elmhurst, Berkeley, Hillside, Clarendon Hills, and Westmont.


TopInformation

Population (2010)
Total 2,134

White 73.6%
Black 7.7%
Asian 13.7%
Hispanic 10.5%
Other 4.8%

Source US Census


TopHistory

The Potawatomi Native Americans were the first occupants in the area that is now known as Oakbrook Terrace. White settlers began to move to the area in the 1830’s and established homes in the area also known as Salt Creek. In 1873, Albert Knapp built a creamery and cheese factory known as “The Corners.”

The town that formed was called Utopia around 1881 and was a primarily agricultural and farming area. The transition to a suburban community began after World War II when the area was subdivided. Commercial development began and Utopia was incorporated in 1958. After neighboring Oak Brook annexed many of the areas of Utopia, the name was changed to Oakbrook Terrace in 1959.

Residential growth occurred in the 1970’s with the building of many suburban homes and neighborhoods. In the 1980’s, commercial development grew rapidly including the building of DuPage County’s tallest office structure that stood at 31 stories tall. Other area developments include a dinner playhouse called the Drury Lane Theatre.


TopReal Estate

Oakbrook Terrace Homes for Sale range in price anywhere from $180,000 to $600,000 and have a median value of $170,700. Oakbrook Terrace Homes include beautiful suburban single family residences with amenities including hardwood floors, backyard patios, fireplaces, dining rooms, and spacious bedrooms.

Another great option for real estate in the area includes the Oakbrook Terrace Townhouses. Townhouses are priced from $380,000 to $550,000 and are newer constructed homes in the community. Oakbrook Terrace Condos is another great choice for buying a home in the area and can cost anywhere from $120,000 to $350,000 and is perfect for college students or newlywed couples.


TopTransportation

Oakbrook Terrace Walkscore rates the suburb as 52% and a somewhat walkable area. Many residents own cars but also have access to public transportation including Pace Bus Routes and Metra Train Stations.

The Elmhurst Metra Station located in the Central Business District gives the residents of Elmhurst easy access to the downtown Chicago Loop. The Union Pacific / West Line Metra Trains service provides a connection between Oglivie Transportation Center in downtown Chicago and Elburn in the far West suburbs.

Some of the local bus routes include Pace Bus Route 747 - DuPage Connection which offers transportation from Forest Park to as far west as Winfield. Popular stops include connection to CTA Forest Park Blue Line Station, Wheaton Metra Station, Oakbrook Center, and Central DuPage Hospital.

Pace Bus Route 877 - South Suburban Oakbrook Limited connects the west suburbs and the south suburbs via the Tri-State Tollway. From Lombard and the Oak Brook Center, route 877 also travels to south suburban Harvey and Blue Island and the Harvey Transportation Center. Other bus routes that connect the West and the South suburbs include Pace Bus Route 888 - Tri-State Flyer.

Pace Bus Route 322 - Cermak Road - 22nd Street has service between Cicero and Oak Brook and many important destinations in between. Some popular stops include North Riverside Mall, Yorktown Center, CTA Pink Line Trains, and Oakbrook Center.


TopSchools

Area Colleges / Universities
Wheaton College‎ 501 College Avenue, Wheaton, IL 60187 (630) 752-5000.
DeVry University 1 Tower Lane, Oakbrook Terrace, IL 60181 (630) 472-1328.
Cannella School of Hair Design‎ 617 W North Avenue, Villa Park, IL 60181 (630) 833-6118.
College of DuPage 425 Fawell Boulevard, Glen Ellyn, IL 60137 (630) 942-2380.

Oakbrook Terrace Public Schools
Salt Creek Primary School (PK-1) 980 South Riverside Drive, Elmhurst, IL 60126 (630) 832-6122.
Stella May Swartz Elementary School (2-4) 17W160 16th Street, Oakbrook Terrace, IL 60181 (630) 834-9256.
Albright Middle School (5-8) 1110 S. Villa Avenue, Villa Park, IL 60181 (630) 279-6160.
Stevenson Elementary School (K-2) 18W331 15th Street, Lombard, IL 60148 (630) 516-7780.
York Center School (3-5) 895 14th Street, Lombard, IL 60148 (630) 516-6540.
Jackson Middle School (6-8) 301 W. Jackson Street, Villa Park, IL 60181 (630) 516-7600.
Willowbrook High School (9-12) 1250 S. Ardmore Avenue, Villa Park, IL 60181 (630) 530-3400.

Oakbrook Terrace Private School
Montini Catholic High School (9-12) 19W070 16th Street, Lombard, IL 60148 (630) 627-6930.
Timothy Christian School (K-12) 188 W. Butterfield Road, Elmhurst, IL 60126 (630) 833-4616.
Seton Academy Montessori‎ (PK-6) 350 North Westmore Avenue, Villa Park, IL 60181 (630) 279-4101.


TopNightlife

Oakbrook Terrace Nightlife offers many fun and exciting bars and taverns not typical of the suburbs. Many of the local places are casual and friendly. Anyway’s Pub and Restaurant (5 East Roosevelt Road, Oakbrook Terrace, IL 60181 630-932-9323) is a great place in the neighborhood to meet friends for food and drinks any day of the week. Their daily drink specials offer a variety and many delicious beers and mixed drinks for a low price.


TopEntertainment

Oakbrook Terrace Shopping includes many local retail and fashion shops. Nearby malls include the Oak Brook Shopping Center which has tons of high end department stores as well as some of the best restaurants in the Chicagoland area. One of the local movie theaters include the CC York Theatre in Elmhurst which always has the latest new releases and a large concession stand with tons of snack options and buttery popcorn.


TopRestaurants

Oakbrook Terrace Restaurants include everything from classy steakhouses to casual family diners. Whether you have a taste for Italian, American, Seafood, Indian Cuisine, and Chinese food, area restaurants offer a little bit of everything.

Ditka’s Restaurant (2 Mid America Plaza, Oakbrook Terrace, IL 60181 630-572-2200) is one place in Oakbrook Terrace that always serves delicious food and has friendly service. Ditka’s menu includes everything from steaks, wine, brunch, and private dining parties and special events. Make a reservation online and avoid waiting long for a table.


TopFestivals/Parks

Oakbrook Terrace Park District maintains many outdoor parks and playgrounds in the area as well as many athletic and arts programs for all ages. Walking trails, athletic fields, community centers, playgrounds, splash fountains, and plenty of green space for picnics are just some of the features of Oakbrook Terrace Parks.

Oak Brook Terrace Homes For Sale
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