RENTED NOV 7, 2025

1516 W Jefferson Ave Unit E Naperville, IL 60540

Will-O-Way Neighborhood

Estimated Value: $213,000 - $244,000

2 Beds
1.5 Baths
992 Sq Ft
1986 Built

Last Sold September 07, 2023

Last sale price $215,000 $217 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,480/month

Highlights

  • Landscaped Professionally
  • Balcony
  • Resident Manager or Management On Site
  • Elmwood Elementary School Rated A
  • Living Room
  • Laundry Room

About This Home

As of November 2025

Rare two-story condo located close to downtown Naperville and in District 203. Two bedrooms and one full and one-half baths with plenty of updates - all new carpet, vinyl wood flooring and fresh paint. Freshly painted cabinets, newer dishwasher, oven range and refrigerator. Two-story unit has large living room, an in-unit second-floor laundry room and ample closet and storage space. This unit comes with two parking spaces - #114 and #120. Easy access to downtown Naperville, train station, Riverwalk, restaurants and shopping. No Pets! Minimum 1 year lease and minimum 680 credit score. Available now!

Last Agent to Rent the Property

Sophia Su

RE/MAX of Naperville License #475131399 Listed on: 10/15/2025

RE/MAX of Naperville

Last Renter's Agent

Sophia Su

RE/MAX of Naperville License #475131399 Listed on: 10/15/2025

RE/MAX of Naperville

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Schools

  • Elmwood Elementary School
  • Lincoln Junior High School
  • Naperville Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Landscaped Professionally

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 10/15/25
  • Rent includes water, parking, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 6 Units
  • Customer Service Association, Phone Number (630) 620-1133
  • Jefferson West Subdivision
  • Property managed by Real Manage

Pet Policy

  • No Pets Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Rental Info

  • Available Date: 2025-10-15
  • Lease Term: 12 Months
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Rental Price: 1900
  • Security Deposit: 3000
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • EntryLevel: 2
  • Property Attached: Yes
  • Property Sub-Type: Condo
  • Subdivision Name: Jefferson West
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Rented
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Furnished: No
  • LivingArea: 992
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • ExteriorFeatures: Balcony
  • Lot Features: Common Grounds, Landscaped
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Assigned, Yes, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Upper Level, Washer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Water, Parking, Exterior Maintenance, Lawn Care, Snow Removal
  • Management: Manager Off-site
  • Management Company: Real Manage
  • Management Contact Name: Customer Service
  • Management Phone: 630-620-1133

Schools

  • Elementary School: Elmwood Elementary School
  • High School: Naperville Central High School
  • Middle/Junior School: Lincoln Junior High School

Lot Info

  • Lot Dimensions: CONDO
  • Rural (Y/N): N

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Aug 21, 2023
Sold by
Warner Colin
Bought by
Sampath Nirmal Kumar and Sundaram Nithya
Seller's Agent
Sophia Su
RE/MAX of Naperville
Buyer's Agent
Halyna Hrabar
Exit Realty Redefined
Sold Price
$1,850
Views
38
Current Estimated Value
$230,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,435
Avg. Annual Appreciation
2.81%
Original Mortgage
$161,250
Outstanding Balance
$157,763
Interest Rate
7.09%
Estimated Equity
$72,522

Purchase Details

Listed on
Nov 21, 2020
Closed on
Feb 9, 2021
Sold by
Arora Gaurav Raj and Arora Dodie Lily
Bought by
Warner Colin
Seller's Agent
Douglas May
HomeSmart Realty Group
Buyer's Agent
Lauren Fulena
Coldwell Banker Realty
List Price
$147,500
Sold Price
$145,000
Premium/Discount to List
-$2,500
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%
Original Mortgage
$108,750
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2017
Closed on
May 26, 2017
Sold by
Mohan Krishna and Mohan Nirmala
Bought by
Arora Gaurav Raj
Seller's Agent
Matt Grander
Keller Williams Infinity
Buyer's Agent
Cindy Fiene-Curfs
eXp Realty
Sold Price
$1,400

Purchase Details

Closed on
Feb 14, 2006
Sold by
Downers Grove National Bank Of Downers G
Bought by
Mohan Krishna and Mohan Nirmala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,850
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2005
Sold by
Downers Grove National Bank
Bought by
Matlock Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,787
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sampath Nirmal Kumar $215,000 Old Republic Title
Warner Colin $145,000 Citywide Title Corporation
Arora Gaurav Raj $132,000 First American Title
Mohan Krishna $150,500 First American Title
Matlock Timothy $149,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sampath Nirmal Kumar $161,250
Previous Owner Warner Colin $108,750
Previous Owner Mohan Krishna $112,850
Previous Owner Matlock Timothy $148,787
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Rented $1,850 -2.6% --
10/15/2025 10/15/25 For Rent $1,900 +2.7% --
01/02/2025 01/02/25 Rented $1,850 0.0% --
12/19/2024 12/19/24 Under Contract -- -- --
12/02/2024 12/02/24 For Rent $1,850 0.0% --
10/02/2023 10/02/23 Rented $1,850 0.0% --
09/25/2023 09/25/23 Under Contract -- -- --
09/21/2023 09/21/23 Price Changed $1,850 -5.1% $2 / Sq Ft
09/08/2023 09/08/23 For Rent $1,950 0.0% --
09/07/2023 09/07/23 Sold $215,000 +7.6% $217 / Sq Ft View Prior Sale
08/01/2023 08/01/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $199,900 +37.9% $202 / Sq Ft
02/12/2021 02/12/21 Sold $145,000 -1.7% $146 / Sq Ft View Prior Sale
01/20/2021 01/20/21 Pending -- -- --
11/21/2020 11/21/20 For Sale $147,500 0.0% $149 / Sq Ft
07/14/2017 07/14/17 Rented $1,400 0.0% --
06/28/2017 06/28/17 Under Contract -- -- --
06/09/2017 06/09/17 For Rent $1,400 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,561 $58,071 $17,550 $40,521
2023 $2,867 $52,180 $15,770 $36,410
2022 $2,590 $46,080 $13,930 $32,150
2021 $2,488 $44,430 $13,430 $31,000
2020 $2,480 $44,430 $13,430 $31,000
2019 $2,376 $42,250 $12,770 $29,480
2018 $2,010 $36,700 $11,090 $25,610
2017 $2,212 $33,290 $10,060 $23,230
2016 $2,162 $31,940 $9,650 $22,290
2015 $1,758 $30,320 $9,160 $21,160
2014 $1,738 $29,070 $8,780 $20,290
2013 $1,726 $29,270 $8,840 $20,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12496744

Midwest Real Estate Data (MRED)

APN: 07-23-114-047

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