248 E Bailey Rd

248 E Bailey Rd, Naperville, IL, 60565

Olive Tree CondosCommunity

Units for Sale

Front view of a two-story building with multiple balconies and a central entrance.

View Listing

MLS ID #12336401

View Listing MLS ID #12336401

Front view of a multi-story brick building with balconies and a red door entrance.

View Listing MLS ID #12328626

Year Built

1972

# Stories

# Total Units

Unit Size Range

756-992 sqft

Unit Demand

Low

Unit Availability

Low

Building Description

248 E Bailey Rd is a three-story condominium complex built in 1972, featuring 1 and 2-bedroom unit configurations. The property offers a diverse range of amenities to enhance urban living. Residents can access a fitness center equipped for various exercise needs and enjoy the convenience of on-site laundry facilities. A pool and an inviting clubhouse serve as perfect spots for relaxation and social gatherings. The building also features a tennis court and a park, ideal for outdoor activities. For cyclists, a dedicated bike room is available. The property is family-friendly, with school bus services adding to its convenience. For leisure, residents have access to a party room, ideal for events or gatherings. Despite the lack of a specific neighborhood designation, the condominium’s surrounding environment includes various urban amenities, contributing to a comfortable living experience. Unit prices range from $160,000 to $220,000, offering affordability in this sought-after condominium setting. The architecture reflects the early 1970s design while incorporating modern additions to meet contemporary living standards.

View Listing

MLS ID #12336401

View Listing MLS ID #12336401

View Listing MLS ID #12328626

Amenities

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

Pets Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

248 E Bailey Rd Market Report (last 12 months)

Avg. List Price

$225,000 ($230/Sqft.)

Year-Over-Year List Price

50.00%

Total Listings

Avg. Days On Market

Avg. Sale Price

$220,000 ($225/Sqft.)

Year-Over-Year Sale Price

37.50%

Total Sold

Avg. HOA Fees/Sqft

$3 /monthly

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About 248 E Bailey Rd

Condo Living at 248 E Bailey Rd, located at 248 E BAILEY RD,NAPERVILLE,IL:

If you’re on the lookout for a cozy and welcoming place to call home, 248 E Bailey Rd could be just the spot you’ve been dreaming of. Nestled in Naperville, this charming condo building has stood since 1972 and offers three stories of delightful living. With only ten units available, it’s an intimate setting that is perfect for first-time homebuyers looking to dive into the real estate market with a comfortable and livable community vibe.

Building Features and Unit Availability:

While the availability of units at 248 E Bailey Rd is currently low, this simply adds to its charm and allure. The typical unit size ranges between 756 to 992 square feet, providing ample space for new homeowners who want a blend of comfort and practicality. With a total of 10 units, you're part of a cozy community that feels just right, without feeling too overwhelming. Plus, the current demand remains low, which may provide you the advantage of negotiating a deal that works for you.

Amenities You'll Love:

Living here means enjoying an array of on-site amenities that cater to your lifestyle needs. Picture yourself unwinding in the outdoor pool during summer, or challenging a neighbor to a friendly match on the tennis courts. You’ll also find a fully-equipped exercise room to help keep you fit, as well as a clubhouse that is perfect for social gatherings or parties. For those who love the outdoors, direct access to bike trails and nearby parks provides an ideal setting for leisurely weekend strolls or afternoon bike rides. If you have pets, you’ll be pleased to know that cats and dogs are welcome, so feel free to bring your furry friends along!

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