$137,500
SOLD APR 12, 2018

Oakbrook Towers East 40 N Tower Rd Unit 15M Oak Brook, IL 60523

2 Beds
2 Baths
1,286 Sq Ft
$499/mo HOA Fee

Recently Sold

$107 Per Sq Ft

14% Below List Price

77 Days on Market

Highlights

  • Balcony
  • Galley Kitchen
  • Baseboard Heating
  • Stevenson School Rated A-
  • Property is near a bus stop
  • Garage

About This Home

As of August 2022

Large 2 bedroom unit with unobstructed west views will go fast. This property offers a large balcony with views from almost every room. The floors, fixtures and counters have been updated. Garage parking is available for a monthly fee. The unit is located in the heart of restaurants, shopping, public transportation and offers easy access to I-88, 355 and I-294. The hoa includes heat,water, exercise area, pool, laundry area and more. Don't let this one get away.

Last Agent to Sell the Property

Frank Scibior

Illinois Real Estate Partners License #471003809 Listed on: 12/22/2017

Illinois Real Estate Partners

Last Buyer's Agent

Alejandro Medina

HomeSmart Realty Group License #475167470

HomeSmart Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,468

Year Built

  • 1977

HOA Fees

  • $499 per month

Parking

  • Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,468

Year Built

1977

Lot Details

0

HOA Fees

$499 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Unit Floor Level: 15
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1977
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 16
  • Year Built: 1977

Interior Features

  • Interior Property Features: Elevator, Wood Laminate Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 23X14, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Equipment: TV-Cable, Intercom
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level
  • Kitchen Type: Galley
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level
  • Additional Room 1 Name: Balcony, Dimensions: 8X5, On Level: Main Level
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level
  • Estimated Sq Ft: 1286
  • Dining Room Type: L-shaped

Exterior Features

  • Exterior Building Type: Brick, Concrete
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage, Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Fee/Leased

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: No Pets
  • Common Area Amenities: Elevator, Exercise Room, Storage, Party Room, Sundeck, Pool-Outdoors, Restaurant, Security Door Locks
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Security System, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 499
  • Management Contact Name: ROY RAUSCH
  • Management Phone: 630-629-5522

Fee Information

  • Management Company: Hillcrest Property Management
  • Lease Amount: 60

Schools

  • School District: 88
  • Junior High Dist: 45

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0628107301

Multi Family

  • Total Number Unitsin Building: 194
  • Number Stories: 16

Tax Info

  • Taxes: 2611.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 10, 2022
Sold by
Manticof Javier J
Bought by
Bormann Richard
Seller's Agent
LaQuan Henley
HomeSmart Connect LLC
Buyer's Agent
Kyle Schlicher
Coldwell Banker Realty
List Price
$220,000
Sold Price
$235,000
Premium/Discount to List
$15,000
6.82%
Total Days on Market
77
Current Estimated Value
$244,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,456
Avg. Annual Appreciation
1.41%
Original Mortgage
$170,000
Outstanding Balance
$163,023
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$81,433

Purchase Details

Listed on
Dec 22, 2017
Closed on
Apr 10, 2018
Sold by
The Bank Of New York Mellon
Bought by
Manticof Javier J
Seller's Agent
Frank Scibior
Illinois Real Estate Partners
Buyer's Agent
Alejandro Medina
HomeSmart Realty Group
List Price
$159,900
Sold Price
$137,500
Premium/Discount to List
-$22,400
-14.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
Sep 26, 2017
Sold by
Toulabi Amira K and Toulabi Joseph R
Bought by
The Bank Of New York Mellon and Cwalt 2006 24Cb
Source: Public Records

Similar Homes in Oak Brook, IL

  • 40 N Tower Rd Unit 14B, Oak Brook, IL 60523

    $180,000

    • 1 Bed
    • 1 Bath
    • 962 Sq Ft
    • 40 N Tower Rd
    • Unit 14B
    • Oak Brook, IL

    Stunning 14th-Floor, 1-bedroom Condo in coveted Oak Brook Towers! Perched high above the treetops, this West-facing unit offers breathtaking, unobstructed views and an abundance of natural light throughout its open layout. Large windows frame panoramic vistas while filling the space with sunshine. The kitchen features ample cabinet space and is ready for your personal touch. Overall, this

    Timothy Kelly Keller Williams Premiere Properties

    Section Image
  • 40 N Tower Rd Unit 5B, Oak Brook, IL 60523

    $174,900

    • 1 Bed
    • 1 Bath
    • 962 Sq Ft
    • 40 N Tower Rd
    • Unit 5B
    • Oak Brook, IL

    A Carefree Lifestyle Awaits You! Don't miss this exceptional opportunity to own a beautifully updated 5th-floor condo in the highly sought-after Oakbrook Towers. Enjoy breathtaking, unobstructed panoramic views from your private oversized balcony in a community known for its convenience, comfort, and amenities. Step inside to a sun-drenched living room with double sliding glass doors, a

    Jeffrey Vitek Keller Williams Premiere Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $235,000 Chicago Title
Special Warranty Deed -- Attorney
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $235,000 +6.8% $183 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $220,000 +60.0% $171 / Sq Ft
04/12/2018 04/12/18 Sold $137,500 -4.8% $107 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
02/24/2018 02/24/18 Price Changed $144,500 -4.9% $112 / Sq Ft
01/26/2018 01/26/18 Price Changed $152,000 -4.9% $118 / Sq Ft
12/22/2017 12/22/17 For Sale $159,900 -- $124 / 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 $4,468 $58,900 $5,890 $53,010
2022 $3,828 $51,600 $5,160 $46,440
2021 $3,701 $50,310 $5,030 $45,280
2020 $3,628 $49,210 $4,920 $44,290
2019 $3,786 $51,510 $5,150 $46,360
2018 $2,925 $43,700 $4,370 $39,330
2017 $2,644 $39,650 $3,960 $35,690
2016 $2,611 $37,350 $3,730 $33,620
2015 $2,534 $34,790 $3,470 $31,320
2014 $2,626 $35,590 $3,550 $32,040
2013 $2,583 $36,090 $3,600 $32,490
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09821634

Midwest Real Estate Data (MRED)

APN: 06-28-107-301