$173,000
SOLD JUL 26, 2024

Oakbrook Towers East 40 N Tower Rd Unit 11K Oak Brook, IL 60523

1 Bed
1 Bath
925 Sq Ft
$603/mo HOA Fee

Recently Sold

$187 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Balcony
  • Stevenson School Rated A-
  • Elevator
  • 1 Car Attached Garage

About This Home

As of July 2024

Oak Brook condo with beautiful sunset views! High Floor, Western Facing unit is close to highly-rated restaurants, Drury Lane, Oak Brook Polo -while being in proximity to what Chicago offers. This is the largest one bedroom unit in the building. The large living room opens to a balcony with a full wall of windows that floods the unit with natural light. Elegant custom wood shutters on sliders were installed. Dining Room area open to the kitchen and living room. The unit has been freshly painted and is being offered furnished with wonderful designer furniture. Just move-in! The current owner had the bathroom plumbing replaced with copper. Located close to shopping, forest preserves and highways. This well run building has a new laundry room, swimming pool, exercise room and designated storage space. HOA fee includes everything (water, trash, wi-fi/cable, gas) except electric. The building offers underground heated parking for an additional $70 per month. There is also a large exterior lot that provides free parking. You will not be disappointed. No Pet or Rentals. HOA requires 25% down payment. Cash or 25% down payment offers only.

Last Agent to Sell the Property

Carol Madey

Keller Williams Experience License #475132039 Listed on: 05/31/2024

Keller Williams Experience

Last Buyer's Agent

Samer Alosman

REMAX Legends License #475141981

REMAX Legends

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1977

HOA Fees

  • $603 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 925 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Outdoor Features

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 151 Units
  • Oak Brook Tower Condo Association, Phone Number (630) 629-5522
  • Property managed by Real Manage
  • 16-Story Property

Amenities

  • Restaurant
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,760

Year Built

Built in 1977

Lot Details

0

HOA Fees

$603 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 11
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 925
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 16
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 174000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 603
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Pool, Restaurant
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Real Manage
  • Management Contact Name: Oak Brook Tower Condo
  • Management Phone: 630-629-5522
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Security, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 44

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2760.34
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 20, 2024
Sold by
Karr Thomas
Bought by
40 North Tower Llc
Seller's Agent
Carol Madey
Keller Williams Experience
Buyer's Agent
Samer Alosman
REMAX Legends
List Price
$178,000
Sold Price
$173,000
Premium/Discount to List
-$5,000
-2.81%
Total Days on Market
32
Views
47
Current Estimated Value
$175,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,960
Avg. Annual Appreciation
0.80%

Purchase Details

Closed on
Oct 23, 2017
Sold by
Laporta Anthony
Bought by
Karr Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Fannie Mae
Bought by
Laporta Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
4.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2011
Sold by
Laird Otis D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 14, 2009
Sold by
Laird Otis D
Bought by
Laird Otis D and Mcgowan Barbara

Purchase Details

Closed on
May 26, 2006
Sold by
Troccoli Michael R
Bought by
Laird Otis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
6.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 2004
Sold by
Donato Frank R and Donato Elyse J
Bought by
Troccoli Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2000
Sold by
Donato Frank R and Donato Elyse J
Bought by
Donato Frank R and Donato Elyse J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $173,000 Elevation Title
Warranty Deed $110,000 Chicago Title Insurance Comp
Corporate Deed $83,000 Atg
Deed In Lieu Of Foreclosure -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $164,500 Git
Warranty Deed $114,000 Stewart Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $106,700 New Conventional
Previous Owner $5,000 Stand Alone Second
Previous Owner $78,850 New Conventional
Previous Owner $132,700 New Conventional
Previous Owner $134,700 Unknown
Previous Owner $131,600 Fannie Mae Freddie Mac
Previous Owner $91,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $173,000 0.0% $187 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/30/2024 06/30/24 Off Market $173,000 -- --
06/13/2024 06/13/24 Price Changed $174,000 -2.2% $188 / Sq Ft
05/31/2024 05/31/24 For Sale $178,000 -- $192 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2023 $2,760 $44,390 $4,440 $39,950
2022 $2,519 $39,950 $4,000 $35,950
2021 $2,424 $38,960 $3,900 $35,060
2020 $2,367 $38,100 $3,810 $34,290
2019 $2,385 $38,450 $3,850 $34,600
2018 $1,961 $31,280 $3,120 $28,160
2017 $1,758 $28,380 $2,830 $25,550
2016 $1,372 $22,470 $2,240 $20,230
2015 $1,315 $20,940 $2,090 $18,850
2014 $1,843 $26,770 $2,670 $24,100
2013 $1,816 $27,150 $2,710 $24,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12068221

Midwest Real Estate Data (MRED)

APN: 06-28-107-244