$170,000
SOLD OCT 10, 2024

Oakbrook Towers East 40 N Tower Rd Unit 16 Oak Brook, IL 60523

1 Bed
1 Bath
925 Sq Ft
$629/mo HOA Fee

Recently Sold

$184 Per Sq Ft

10% Below List Price

66 Days on Market

Highlights

  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Laundry Room
  • Stevenson School Rated A-
  • Living Room
  • No Interior Steps

About This Home

As of October 2024

Priced to sell penthouse completely updated with breathtaking views!! Shows like a model home. Modern updates with attention to every detail. New stunning wood laminate & tile flooring. Modern brand new Whirlpool Stainless Steel appliances. Stove & microwave have never been used. Custom made designer remote control shades. Gorgeous kitchen granite countertops with lovely backsplash & newer cabinets. Bath has darling granite vanity with new shower glass door. New top of the line a/c units. Plenty of closet space with your own assigned storage space downstairs. Indoor garage space can be leased for $70 a month. First come, first serve basis. Outdoor swimming pool & recently remodeled fitness center. Permit "resident only" parking spaces outside for free. Service animals allowed. Welcome home!!

Last Agent to Sell the Property

Janet Gorman

Charles Rutenberg Realty of IL License #475183464 Listed on: 06/03/2024

Charles Rutenberg Realty of IL

Last Buyer's Agent

Janet Gorman

Charles Rutenberg Realty of IL License #475183464 Listed on: 06/03/2024

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1977

HOA Fees

  • $629 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Handicap Parking
  • Leased Parking
  • Heated Garage
  • Driveway
  • Transferrable Lease on Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 925 Sq Ft Home
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Stainless Steel Appliances

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • No Interior Steps

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas

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
  • 194 Units
  • Paula (Property Manager) Association, Phone Number (630) 629-5522
  • Property managed by Oak Brook Towers Mgmt
  • 16-Story Property

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,760

Year Built

Built in 1977

Lot Details

0

HOA Fees

$629 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
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 16
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven, Range Hood
  • Basement: None
  • Accessibility Features: No Interior Steps, Disabled Parking
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 925
  • Room Type: No additional rooms
  • Stories Total: 16
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 179000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Transferrable Lease
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Highest Parking Fee: 70
  • Lowest Parking Fee: 0
  • Parking Fee/Lease $: 70

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 629
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Oak Brook Towers Mgmt
  • Management Contact Name: Paula (property manager)
  • 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: 45

Lot Info

  • Lot Dimensions: COMMON
  • 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

Multi Family

  • Units in Building: 194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Sep 30, 2024
Sold by
Collins James and Collins Carrie
Bought by
Chicago Title Land Trust
Seller's Agent
Janet Gorman
Charles Rutenberg Realty of IL
Buyer's Agent
Janet Gorman
Charles Rutenberg Realty of IL
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%
Total Days on Market
66
Views
68
Current Estimated Value
$175,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,674
Avg. Annual Appreciation
1.23%

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 10, 2020
Sold by
Roman Mark
Bought by
Collins James and Collins Carrie
Seller's Agent
Jamey Kassaros-Johnson
Kale Realty
Buyer's Agent
Janet Gorman
Charles Rutenberg Realty of IL
List Price
$139,900
Sold Price
$133,000
Premium/Discount to List
-$6,900
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Listed on
Oct 17, 2018
Closed on
Dec 20, 2018
Sold by
Liebich Daniel
Bought by
Roman Mark
Seller's Agent
Danielle Klausing
Real Broker LLC
Buyer's Agent
Cindy Metcalf
Coldwell Banker Realty
List Price
$140,000
Sold Price
$131,000
Premium/Discount to List
-$9,000
-6.43%

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

Closed on
Jul 30, 2008
Sold by
Marino Gregory
Bought by
Liebich Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2002
Sold by
Johnson Martin F
Bought by
Marino Gregory

Purchase Details

Closed on
May 30, 2001
Sold by
Louetta L Sly Declaration Of Trust
Bought by
Johnson Martin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,050
Interest Rate
11.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1995
Sold by
First National Bank Of Lagrange
Bought by
Sly Louetta L
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 $170,000 Chicago Title
Warranty Deed $133,000 Stewart Title
Warranty Deed $131,000 Chicago Title
Warranty Deed $140,000 1St American Title
Warranty Deed $135,000 --
Deed $93,000 Burnet Title Llc
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $112,500 Unknown
Previous Owner $112,000 Purchase Money Mortgage
Previous Owner $79,050 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $170,000 0.0% $184 / Sq Ft
08/24/2024 08/24/24 Off Market $170,000 -- --
08/10/2024 08/10/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $179,000 -5.7% $194 / Sq Ft
07/24/2024 07/24/24 For Sale $189,900 0.0% $205 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $189,900 +42.8% $205 / Sq Ft
02/11/2020 02/11/20 Sold $133,000 -4.9% $144 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $139,900 +6.8% $151 / Sq Ft
12/21/2018 12/21/18 Sold $131,000 -3.0% $142 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $135,000 -3.6% $146 / Sq Ft
10/17/2018 10/17/18 For Sale $140,000 -- $152 / 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 $2,427 $31,280 $3,120 $28,160
2017 $2,230 $28,380 $2,830 $25,550
2016 $1,871 $22,470 $2,240 $20,230
2015 $1,843 $20,940 $2,090 $18,850
2014 $2,376 $26,770 $2,670 $24,100
2013 $2,331 $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: 12073715

Midwest Real Estate Data (MRED)

APN: 06-28-107-248