NOT LISTED FOR SALE

Estimated Value: $291,000 - $344,475

2 Beds
2 Baths
1,425 Sq Ft
5.39 Acre Lot

Sale Details

Date Sold: October 10, 2024

Last sale price $315,000 $221 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,752 / mo

27 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Balcony
  • Stella May Swartz Elementary School Rated A-
  • L-Shaped Dining Room
  • 1 Car Detached Garage

About This Home

As of October 2024

This stunning 2-bedroom 2-bathroom Condo is located in RARELY available Arbor 40. Spanning 1,425 sq ft, this home is beautifully updated with newer appliances and AMAZING SCENIC views of Salt Creek. Located on the second floor with minimal stairs this unit offers two balconies, easy access to on site storage rooms and a shared laundry. In unit washer and dryer could be set up! Please note that the HOA COVERS HEAT, WATER, GAS, GARAGE, POOL, EXTERIOR MAINTENANCE, LAWN CARE, TRASH REMOVAL, SNOW REMOVAL AND COMMON INSURANCE. This unit offers 1 detached garage parking spot along with 1 parking spot within steps of this unit with guest parking. Situated in Oakbrook Terrace, this residence combines suburban serenity with easy access to urban amenities, including nearby parks, dining, and shopping at Oakbrook Mall. (UPDATES include NEW FLOORING, REPAINTED WALLS, NEW RECESS LIGHTING, NEW LIGHT FIXTURES, NEW CEILING FANS, NEW DOORS AND CLOSET SHELVING, NEW WINDOWS AND BLINDS, AND NEW HANDLES IN BATHROOMS/KITCHEN, NEW GARBAGE DISPOSAL.) Don't miss out on this MOVE IN READY condo that will go fast.

Last Agent to Sell the Property

Matthew Suda

RE/MAX Premier License #475210707 Listed on: 08/26/2024

RE/MAX Premier

Co-Listed By

Sophia Strauss

Signature Realty Group LLC License #475212297

Last Buyer's Agent

Peter Kourtis

Real 1 Realty License #475154541

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,740

Year Built

  • Built in 1973 | Remodeled in 2024

Lot Details

  • 5.39

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Cedar

Interior Spaces

  • 1,425 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • L-Shaped Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Salt Creek Elementary School
  • Stella May Swartz Elementary Sch Middle School
  • Willowbrook High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Jim Sarther Association, Phone Number (630) 627-3303
  • Arbor 40 Subdivision
  • Property managed by Hillcrest

Amenities

  • Laundry Facilities
  • Lobby
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,740

Year Built

Built in 1973 | Remodeled in 2024

Lot Details

5.39 Acres

HOA Fees

$675 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Arbor 40
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Double Sided, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Storage, Walk-In Closet(s), Open Floorplan, Lobby
  • LivingArea: 1425
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 675
  • Association Amenities: Storage, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hillcrest
  • Management Contact Name: Jim Sarther
  • Management Phone: 630-627-3303
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Salt Creek Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Stella May Swartz Elementary Sch

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 3740.48
  • Tax Year: 2023

Multi Family

  • Units in Building: 8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2026
Sold by
Bought by
Current Estimated Value
$307,369

Purchase Details

Listed on
Aug 26, 2024
Closed on
Oct 10, 2024
Sold by
Bought by
Seller's Agent
Matthew Suda
RE/MAX Premier
Buyer's Agent
Peter Kourtis
Real 1 Realty
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.34%

Purchase Details

Listed on
Nov 14, 2023
Closed on
Dec 12, 2023
Sold by
Bought by
Seller's Agent
Kathy Hussey
Baird & Warner
Buyer's Agent
Lisa Graziani
Caporale Realty Group
List Price
$250,000
Sold Price
$256,000
Premium/Discount to List
$6,000
2.4%
Views
193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.78%

Purchase Details

Closed on
Oct 11, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$315,000 None Listed On Document
$256,000 First American Title
$150,000 First American Title
-- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $159,388
Previous Owner $175,000
Previous Owner $187,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2024 10/10/24 Sold $315,000 -1.5% $221 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $319,900 -3.0% $224 / Sq Ft
09/02/2024 09/02/24 Price Changed $329,900 +3.1% $232 / Sq Ft
08/31/2024 08/31/24 Price Changed $319,900 -5.9% $224 / Sq Ft
08/31/2024 08/31/24 Price Changed $339,900 +6.3% $239 / Sq Ft
08/26/2024 08/26/24 For Sale $319,900 +25.0% $224 / Sq Ft
12/15/2023 12/15/23 Sold $256,000 +2.4% $180 / Sq Ft View Prior Sale
11/16/2023 11/16/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $250,000 -- $175 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,664 $86,609 $8,662 $77,947
2023 $3,740 $80,090 $8,010 $72,080
2022 $4,086 $84,820 $8,480 $76,340
2021 $4,106 $82,710 $8,270 $74,440
2020 $4,004 $80,900 $8,090 $72,810
2019 $3,828 $76,910 $7,690 $69,220
2018 $3,000 $60,620 $6,070 $54,550
2017 $2,921 $57,760 $5,780 $51,980
2016 $2,734 $54,410 $5,440 $48,970
2015 $2,629 $50,690 $5,070 $45,620
2014 $2,130 $42,160 $4,220 $37,940
2013 $2,873 $55,520 $5,550 $49,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12148797

Midwest Real Estate Data (MRED)

APN: 06-23-110-007

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