NOT LISTED FOR SALE

Oakbrook Towers East 40 N Tower Rd Unit 6M Oak Brook, IL 60523

Estimated Value: $229,325 - $233,000

2 Beds
2 Baths
1,286 Sq Ft
$723/mo HOA Fee

Last Sold June 05, 2024

Last sale price $219,000 $170 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,317/month

49 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Sauna
  • Stevenson School Rated A-
  • Clubhouse
  • End Unit

About This Home

As of June 2024

Spacious end unit condo offers amazing views and plenty of natural sunlight. Beautiful bamboo floors flow throughout the entire place. Featuring two large bedrooms and 2 recently updated bathrooms. The remodeled kitchen boasts new quartz countertops and new backsplash. Living room opens to private balcony for your relaxation. Freshly painted throughout. New light fixtures. Unit has two outdoor reserved spots and there is an option to rent a garage space on a first come basis for $70/month on a yearly rate. Association includes a workout out area in other building located at 20 N. Tower. Community pool is also located in front of the 20 N. Tower building. Reza Restaurant is located on the ground level of 40 N. Tower. Conveniently located to restaurants, shopping, and expressways. Oak Brook Center is approx. 2 miles East, Oak Brook Promenade is across the street and Yorktown Center is approx. 1.5 miles West. Location, location, location. No rentals and not FHA approved. Great building in a great area. Stop in and see for yourself.

Last Agent to Sell the Property

Doug Dahlen

Century 21 Circle License #475132367 Listed on: 03/21/2024

Century 21 Circle

Last Buyer's Agent

Lina Shah

Coldwell Banker Realty License #475125979

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 1977

Lot Details

  • 2.4

HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,286 Sq Ft Home
  • L-Shaped Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Intercom
  • Door Monitored By TV

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Schools

  • York Center Elementary School
  • Jackson Middle School
  • Willowbrook High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • End Unit

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 194 Units
  • Oak Brook Towers HOA, Phone Number (630) 629-5522
  • High-Rise Condominium
  • Oak Brook Towers Subdivision, 2 Bedroom Floorplan
  • Property managed by oaktowca@ciramail.com
  • Lock-and-Leave Community
  • 16-Story Property

Amenities

  • Common Area
  • Restaurant
  • Sauna
  • Clubhouse
  • Party Room
  • Coin Laundry
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,382

Year Built

Built in 1977

Lot Details

0

HOA Fees

$723 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • 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: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1286
  • Other Equipment: TV-Cable, Security System, Intercom
  • 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: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit, Door Monitored By TV
  • Foundation Details: Concrete Perimeter
  • List Price: 219900
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Assigned
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 474
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Pool, Restaurant, Sauna, Security Door Lock(s), Clubhouse, In Ground Pool, Intercom, School Bus
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Monthly
  • Management Company: oaktowca@ciramail.com
  • Management Contact Name: OAK BROOK TOWERS HOA
  • Management Phone: 630-629-5522
  • Master Association Fee: 249
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: York Center Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jackson Middle School
  • Middle/Junior School District: 45

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

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

Tax Info

  • Tax Annual Amount: 3382
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jun 1, 2024
Sold by
Banfor Victor and Warren Shirley
Bought by
Midwest Investment Management Llc
Seller's Agent
Doug Dahlen
Century 21 Circle
Buyer's Agent
Lina Shah
Coldwell Banker Realty
List Price
$219,900
Sold Price
$219,000
Premium/Discount to List
-$900
-0.41%
Views
295
Current Estimated Value
$229,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,203
Avg. Annual Appreciation
4.94%

Purchase Details

Listed on
Nov 27, 2021
Closed on
May 17, 2022
Sold by
Agueda Bravo
Bought by
Banfor Victor and Warren Shirley
Seller's Agent
Gregory Wroblewski
Coldwell Banker Real Estate Group
Buyer's Agent
Rod Rivera
Keller Williams Premiere Properties
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$146,250
Interest Rate
5.3%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 2, 2020
Closed on
Jun 3, 2021
Sold by
Espa Alberto
Bought by
Bravo Agueda
Seller's Agent
Eileen Gramlich
Coldwell Banker Realty
Buyer's Agent
Gregory Wroblewski
Coldwell Banker Real Estate Group
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$172,900
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2015
Closed on
Jan 21, 2016
Sold by
Peters Teresa and Peters Brian
Bought by
Espa Alberto
Seller's Agent
Wanda Passolano
Illinois Real Estate Partners Inc
Buyer's Agent
Laurence Cummins
Realty Group & Management CO
List Price
$184,900
Sold Price
$167,000
Premium/Discount to List
-$17,900
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%

Purchase Details

Closed on
Oct 17, 2003
Sold by
Oneill Lawrence A and Oneill Bridget
Bought by
Peters Teresa and Peters Brian

Purchase Details

Closed on
Nov 22, 2002
Sold by
Ranganathan Raj and Ranganathan Sheila
Bought by
Oneill Lawrence A and Oneill Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2001
Sold by
Ripamonti Renato and Ibrahim Christine
Bought by
Ranganathan Raj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1999
Sold by
Falbo Joseph A and Falbo Mary
Bought by
Ibrahim Christine and Ripamonti Renato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1995
Sold by
Leone Christopher A
Bought by
Falbo Joseph A and Falbo Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Midwest Investment Management Llc $219,000 Fidelity National Title
Banfor Victor $195,000 New Title Company Name
Bravo Agueda $182,000 Chicago Title
Espa Alberto $167,000 Git
Peters Teresa $180,000 Midwest Title Services Llc
Oneill Lawrence A $162,500 Lawyers Title
Ranganathan Raj $156,000 Premier Title
Ibrahim Christine $116,000 Intercounty Title
Falbo Joseph A $116,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banfor Victor $146,250
Previous Owner Bravo Agueda $172,900
Previous Owner Oneill Lawrence A $62,500
Previous Owner Ranganathan Raj $124,800
Previous Owner Ripamonti Renato $31,250
Previous Owner Ripamonti Renato $22,850
Previous Owner Ibrahim Christine $104,400
Previous Owner Falbo Joseph A $90,000
Closed Ranganathan Raj $15,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $219,000 -0.4% $170 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $219,900 +12.8% $171 / Sq Ft
05/19/2022 05/19/22 Sold $195,000 -2.5% $152 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $200,000 +2.6% $156 / Sq Ft
01/16/2022 01/16/22 Off Market $195,000 -- --
12/29/2021 12/29/21 Pending -- -- --
11/27/2021 11/27/21 For Sale $200,000 +9.9% $156 / Sq Ft
06/03/2021 06/03/21 Sold $182,000 -3.7% $142 / Sq Ft
05/03/2021 05/03/21 For Sale -- -- --
05/02/2021 05/02/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $189,000 +3.8% $147 / Sq Ft
04/01/2021 04/01/21 Off Market $182,000 -- --
02/05/2021 02/05/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $189,000 +13.2% $147 / Sq Ft
01/29/2016 01/29/16 Sold $167,000 -9.7% $134 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $184,900 -- $148 / 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
2024 $4,134 $63,694 $6,369 $57,325
2023 $3,861 $58,900 $5,890 $53,010
2022 $3,383 $51,600 $5,160 $46,440
2021 $3,259 $50,310 $5,030 $45,280
2020 $3,186 $49,210 $4,920 $44,290
2019 $3,345 $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 $2,194 $37,350 $3,730 $33,620
2015 $2,094 $34,790 $3,470 $31,320
2014 $2,183 $35,590 $3,550 $32,040
2013 $2,154 $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: 12009515

Midwest Real Estate Data (MRED)

APN: 06-28-107-293