138 E Bailey Rd Unit M Naperville, IL 60565
Meadow Glens NeighborhoodEstimated payment $1,854/month
Total Views
155,078
2
Beds
1.5
Baths
927
Sq Ft
$225
Price per Sq Ft
Highlights
- Hot Property
- Fitness Center
- Community Pool
- Scott Elementary School Rated A
- Sauna
- Tennis Courts
About This Home
Investor-Friendly Opportunity with Strong Rental Income! This well-maintained 2-bedroom, 1.5-bath condo is perfect for investors seeking reliable returns. Currently occupied by a tenant and generating excellent rental income, this property is a turnkey addition to any portfolio. Assessments include heat, water, trash, storage, clubhouse access, tennis courts, fitness center, and pool - offering exceptional value and convenience. Located in the highly sought-after District 203 school district, this condo is a fantastic investment in a prime location.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,344
Year Built
- Built in 1972
HOA Fees
- $476 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
Interior Spaces
- 927 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Parking
- 2 Parking Spaces
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas
- 12 Units
- Manager Association, Phone Number (866) 473-2573
- Property managed by Real Manage
Amenities
- Sauna
- Party Room
- Coin Laundry
- Community Storage Space
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,454 | $56,385 | $5,566 | $50,819 |
| 2023 | $3,344 | $51,460 | $5,080 | $46,380 |
| 2022 | $2,622 | $40,520 | $4,000 | $36,520 |
| 2021 | $2,531 | $38,990 | $3,850 | $35,140 |
| 2020 | $2,479 | $38,290 | $3,780 | $34,510 |
| 2019 | $2,412 | $36,640 | $3,620 | $33,020 |
| 2018 | $1,759 | $26,710 | $2,640 | $24,070 |
| 2017 | $1,726 | $25,810 | $2,550 | $23,260 |
| 2016 | $1,695 | $24,880 | $2,460 | $22,420 |
| 2015 | $1,689 | $23,430 | $2,320 | $21,110 |
| 2014 | $1,780 | $23,910 | $2,370 | $21,540 |
| 2013 | $1,991 | $27,230 | $2,700 | $24,530 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | For Sale | $209,000 | +58.3% | $225 / Sq Ft | |
| 05/23/2022 05/23/22 | Sold | $132,000 | -5.0% | $142 / Sq Ft | View Prior Sale |
| 05/09/2022 05/09/22 | Pending | -- | -- | -- | |
| 05/07/2022 05/07/22 | For Sale | $139,000 | -- | $150 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $132,000 | New Title Company Name | |
| Deed | $134,500 | Chicago Title Insurance Comp | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Comp | |
| Warranty Deed | $107,000 | First American Title | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $72,000 | First American Title | |
| Quit Claim Deed | -- | First American Title | |
| Warranty Deed | $60,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,825 | Fannie Mae Freddie Mac | |
| Previous Owner | $85,600 | Purchase Money Mortgage | |
| Previous Owner | $45,000 | Purchase Money Mortgage | |
| Previous Owner | $68,400 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Mike's Other Listings
-
$330,000 Sold Oct 31, 2025
- 2 Beds
- 2.5 Baths
- 1,288 Sq Ft
- 1163 Whispering Hills Dr
- Unit 127
- Naperville, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12506202
APN: 08-32-110-092
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