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Olive Tree Condos

248 E Bailey Road, Naperville, IL, 60565

YearBuilt

Year Built

1972

Stories

# Stories

3

#TotalUnits

# Total Units

9
UnitSizeRange

Unit Size Range

942-1,042 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low

Building Description

Olive Tree Condos, located at 248 E Bailey Road, features a three-story condominium building established in 1972. This complex offers a range of unit configurations with 1 and 2-bedroom options. The property is well-appointed with amenities designed to support an active lifestyle and community interaction. Residents have access to an exercise room and tennis courts, promoting physical fitness and recreation. The development also includes an in-ground pool, perfect for relaxation and leisure activities. For social gatherings, the clubhouse and party room are available, fostering a sense of community among residents. Additional amenities include a laundry facility for residents' convenience and a bike room with bike trails, encouraging eco-friendly transportation and outdoor enjoyment. The surrounding area offers a park, providing green space and opportunities for outdoor activities and relaxation. Unit prices range from $160,000 to $151,000, making Olive Tree Condos an accessible option within the residential market. The comprehensive array of amenities and facilities, paired with the versatility of living spaces, contributes to the appeal of this development for various prospective homeowners.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Olive Tree Condos Market Report (last 12 months)

Avg. List Price
$150,000 ($199/Sqft.)
Year-Over-Year List Price
0.00%
Total Listings
Listings1
Avg. Days On Market
Calendar22
Avg. Sale Price
$160,000 ($212/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$3 /monthly

About Olive Tree Condos

Condo Living at Olive Tree Condos, located at 248 E BAILEY ROAD, NAPERVILLE, IL:

Are you considering buying your first home? If so, Olive Tree Condos might just be the perfect starting point for your journey! Nestled in the charming city of Naperville, this delightful condo building offers a mix of comfort, convenience, and community. Built in 1972, Olive Tree Condos spans three stories, providing an inviting setting for both first-time buyers and those looking to downsize. With a total of nine units, you're stepping into a cozy atmosphere where it's easy to feel right at home.

Building Features and Unit Availability:

Finding the right space is essential, and Olive Tree Condos delivers with units ranging in size from 942 to 1,042 square feet. While availability is currently low, this makes the units appealing and likely to draw interest. In fact, given the average closing price of around $160,000 and a steady price per square foot at $212, it positions these condos as an attractive option for first-time buyers. Units are not lingering on the market, averaging just 22 days before being sold—an indicator that people are eager to call this community home!

Amenities You'll Love:

Living at Olive Tree Condos means you’ll never run out of things to do! For those who love to stay active, the building features a well-equipped exercise room and even tennis courts. On hot summer days, you can take a dip in the in-ground pool or simply relax by the poolside. If you enjoy having friends over, the clubhouse and party room are perfect for hosting gatherings. Additionally, there are bike trails and a park nearby, which can be perfect for enjoying the outdoors right at your doorstep. Need to do laundry? The building has you covered with its own laundry facilities—definitely a plus for busy lifestyles!

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Contact
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300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
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(855) 625-0319
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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847-668-3774

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