$200,000
SOLD OCT 22, 2024

Oakbrook Towers East 40 N Tower Rd Unit 5G Oak Brook, IL 60523

2 Beds
2 Baths
1,276 Sq Ft
$785/mo HOA Fee

Recently Sold

$157 Per Sq Ft

7% Below List Price

52 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • End Unit
  • Stevenson School Rated A-
  • Sauna
  • Stainless Steel Appliances

About This Home

As of October 2024

PRICED TO SELL & MOVE IN READY! Freshly painted and steam cleaned carpets. Welcome to this spacious 2-bedroom, 2-full bathroom condo nestled within Oak Brook Towers. Bathed in natural light thanks to its desirable corner location. The kitchen offers ample cabinetry, stainless steel appliances and large pantry closet. A dedicated dining room and expansive living room offers great entertainment space. The spacious primary bedroom with generous closet space, features a rejuvenated en-suite bath, paint, updated lighting fixture, mirror, faucets and cabinet hardware, while the second bedroom enjoys a pleasant view and ample closets. The second bath received a recent facelift including mosaic tile flooring, fresh paint, vanity, mirror and light fixture. Step through the sliding glass door onto your large, private balcony. Residents of Oak Brook Towers are treated to an array of amenities, including a large laundry facility, well maintained, outdoor pool and sauna, well-equipped, renovated exercise room, onsite management and a versatile party room. Outdoor parking is provided at no cost, as well as the option to lease a space in the attached, heated parking garage for added convenience approx. $80/month. The building has undergone many improvements such as facade, masonry, garage, recently replaced elevators, newly remodeled hallways, laundry and other exterior improvements. Situated conveniently close to expressways, shopping, and dining establishments, this condo offers a lifestyle of comfort and convenience. SELLER PAYS SPECIAL ASSESSMENT AT CLOSE.

Last Agent to Sell the Property

Kelly Ladewig

Dream Town Real Estate License #475163487 Listed on: 08/20/2024

Dream Town Real Estate

Last Buyer's Agent

Justin Das

Keller Williams Premiere Properties License #475196292

Keller Williams Premiere Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,468

Year Built

  • Built in 1977

Lot Details

  • End Unit

HOA Fees

  • $785 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Assigned Parking
  • Unassigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,276 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Carpet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Outdoor Features

  • In Ground Pool

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 192 Units
  • Manager Association, Phone Number (630) 555-5555
  • Oak Brook Towers Subdivision
  • Property managed by Lieberman Management
  • 14-Story Property

Amenities

  • Sauna
  • Coin Laundry
  • Service Elevator
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,468

Year Built

Built in 1977

Lot Details

0

HOA Fees

$785 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: Oak Brook Towers
  • 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: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1276
  • Room Type: No additional rooms
  • Stories Total: 14
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, End Unit
  • List Price: 210900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Unassigned
  • ParkingTotal: 11
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 70

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 785
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Pool, Sauna, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lieberman Management
  • Management Contact Name: Manager
  • Management Phone: 630-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 45

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 70
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 4467.8
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Oct 18, 2024
Sold by
Rea Sean and Rea Molly A
Bought by
Martinez Adela
Seller's Agent
Kelly Ladewig
Dream Town Real Estate
Buyer's Agent
Justin Das
Keller Williams Premiere Properties
List Price
$214,900
Sold Price
$200,000
Premium/Discount to List
-$14,900
-6.93%
Total Days on Market
52
Views
160
Current Estimated Value
$211,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,648
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Jun 21, 2024
Sold by
Richards Vicky
Bought by
Rea Sean

Purchase Details

Listed on
Aug 16, 2018
Closed on
Dec 14, 2018
Sold by
Braband Stephen L and Macek Stephanie
Bought by
Rea Sean and Richards Vicky
Seller's Agent
Joe Ariano
Keller Williams Premiere Properties
Buyer's Agent
Allyson Fernandes
Coldwell Banker Real Estate Group
List Price
$155,000
Sold Price
$143,000
Premium/Discount to List
-$12,000
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$135,850
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2014
Closed on
Apr 20, 2015
Sold by
Realy Michael and Cortina Frank J
Bought by
Braband Stephen R
Seller's Agent
Elaine Zannis
Coldwell Banker Realty
Buyer's Agent
Anne DuBray
Coldwell Banker Realty
List Price
$139,000
Sold Price
$124,000
Premium/Discount to List
-$15,000
-10.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$5,000
Interest Rate
3.77%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 30, 2001
Sold by
Smith Stephanie S
Bought by
Cortina Joyce and The Joyce Cortina Living Trust

Purchase Details

Closed on
Apr 14, 2000
Sold by
Stamper Merikay A
Bought by
Smith Stephanie S

Purchase Details

Closed on
Nov 13, 1998
Sold by
Chicago Title Land Trust Company
Bought by
Stamper Merikay A
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 Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Attorney S Title Guaranty Fu
Warranty Deed $124,000 None Available
Warranty Deed $143,500 --
Warranty Deed $130,000 Burnet Title Llc
Trustee Deed $112,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,850 New Conventional
Previous Owner $5,000 Stand Alone Second
Previous Owner $119,484 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $200,000 -5.2% $157 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $210,900 -1.9% $165 / Sq Ft
08/20/2024 08/20/24 For Sale $214,900 +50.3% $168 / Sq Ft
12/14/2018 12/14/18 Sold $143,000 -3.9% $112 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/10/2018 10/10/18 Price Changed $148,800 -0.7% $117 / Sq Ft
09/06/2018 09/06/18 Price Changed $149,900 -2.7% $117 / Sq Ft
08/23/2018 08/23/18 Price Changed $154,000 -0.6% $121 / Sq Ft
08/16/2018 08/16/18 For Sale $155,000 +25.0% $121 / Sq Ft
04/22/2015 04/22/15 Sold $124,000 -10.8% $124 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $139,000 -- $139 / 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 $3,756 $51,110 $5,110 $46,000
2018 $3,390 $43,700 $4,370 $39,330
2017 $3,115 $39,650 $3,960 $35,690
2016 $3,110 $37,350 $3,730 $33,620
2015 $3,062 $34,790 $3,470 $31,320
2014 $3,159 $35,590 $3,550 $32,040
2013 $3,098 $36,090 $3,600 $32,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12143409

Midwest Real Estate Data (MRED)

APN: 06-28-107-161