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  3. Naperville, IL
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  5. Olive Tree Condos
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Olive Tree Condos

248 E Bailey Road, Naperville, IL, 60565 |Olive Tree Condos

YEAR BUILT

1972

# STORIES

3

# TOTAL UNITS

9

UNIT SIZE RANGE

942-1,042 sqft

Description

Olive Tree Condos sits at 248 E Bailey Road in Naperville. It stands near the intersection of 75th Street and IL-53. This low-rise building has three stories and offers nine condominium units for potential residents. It is conveniently located to get to highways and main roads without hassle. The building was constructed in 1972, with a mix of one and two-bedroom units. Sizes of these units range from 942 to 1,042 square feet, offering comfortable living space. Prices for these condos fall between $198,000 and $220,000, making them affordable options in the area. The average price per square foot is $225. Residents enjoy various amenities like laundry facilities, a clubhouse, and an exercise room. Outdoor activities include tennis courts and an in-ground pool. Nearby, bike trails provide options for cycling and enjoying the outdoors. This building creates a community feel with inviting shared spaces for gatherings. Schools like Maplebrook Elementary School and One-2-One Computer Assistance benefit families living here. Grocery shopping is convenient, with Qwik Convenience close by. The surrounding area offers everything needed for daily living. With an average of 63 days on the market, these units attract interest quickly. Whether looking for a new home or an investment, Olive Tree Condos presents good options. The location, amenities, and unit designs create appealing living choices in Naperville.

Building ImageMLS ID #12037948
Building ImageMLS ID #11672650
Building Image
Building ImageView Listing

Olive Tree Condos

248 E Bailey Road, Naperville, IL, 60565

|Olive Tree Condos

YEAR BUILT

1972

# STORIES

3

# TOTAL UNITS

9

UNIT SIZE RANGE

942-1,042 sqft

Description

Olive Tree Condos sits at 248 E Bailey Road in Naperville. It stands near the intersection of 75th Street and IL-53. This low-rise building has three stories and offers nine condominium units for potential residents. It is conveniently located to get to highways and main roads without hassle. The building was constructed in 1972, with a mix of one and two-bedroom units. Sizes of these units range from 942 to 1,042 square feet, offering comfortable living space. Prices for these condos fall between $198,000 and $220,000, making them affordable options in the area. The average price per square foot is $225. Residents enjoy various amenities like laundry facilities, a clubhouse, and an exercise room. Outdoor activities include tennis courts and an in-ground pool. Nearby, bike trails provide options for cycling and enjoying the outdoors. This building creates a community feel with inviting shared spaces for gatherings. Schools like Maplebrook Elementary School and One-2-One Computer Assistance benefit families living here. Grocery shopping is convenient, with Qwik Convenience close by. The surrounding area offers everything needed for daily living. With an average of 63 days on the market, these units attract interest quickly. Whether looking for a new home or an investment, Olive Tree Condos presents good options. The location, amenities, and unit designs create appealing living choices in Naperville.

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Description

Olive Tree Condos sits at 248 E Bailey Road in Naperville. It stands near the intersection of 75th Street and IL-53. This low-rise building has three stories and offers nine condominium units for potential residents. It is conveniently located to get to highways and main roads without hassle. The building was constructed in 1972, with a mix of one and two-bedroom units. Sizes of these units range from 942 to 1,042 square feet, offering comfortable living space. Prices for these condos fall between $198,000 and $220,000, making them affordable options in the area. The average price per square foot is $225. Residents enjoy various amenities like laundry facilities, a clubhouse, and an exercise room. Outdoor activities include tennis courts and an in-ground pool. Nearby, bike trails provide options for cycling and enjoying the outdoors. This building creates a community feel with inviting shared spaces for gatherings. Schools like Maplebrook Elementary School and One-2-One Computer Assistance benefit families living here. Grocery shopping is convenient, with Qwik Convenience close by. The surrounding area offers everything needed for daily living. With an average of 63 days on the market, these units attract interest quickly. Whether looking for a new home or an investment, Olive Tree Condos presents good options. The location, amenities, and unit designs create appealing living choices in Naperville.

Olive Tree Condos Market Stats Last 12 months

Avg. Listed Price$225,000($230/Sqft.)
Avg. Sale Price$220,000($225/Sqft.)
Year over year list priceUp Arrow50.00%
Year over year sale priceUp Arrow 37.50%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market63 days
Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceUp Arrow50.00%
Year over year sale priceUp Arrow37.50%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market63 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Olive Tree Condos Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit JJ900221172025-08-04
MLS#: 12328626 		Closed$198,000
Unit LL98022632025-06-13
MLS#: 12336401 		Closed$220,000
Unit LL98022242022-03-08
MLS#: 11321198 		Closed$151,000
Unit J
J

2 Beds

2 Baths

900 sqft

DateStatusPrice
2025-08-04Closed$198,000
MLS#: 12328626
Days On Market117
Unit L
L

2 Beds

2 Baths

980 sqft

DateStatusPrice
2025-06-13Closed$220,000
MLS#: 12336401
Days On Market63
Unit L
L

2 Beds

2 Baths

980 sqft

DateStatusPrice
2022-03-08Closed$151,000
MLS#: 11321198
Days On Market24
View Complete Unit Listing HistorySource By: MRED

Amenities

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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Amenities Description

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!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Exercise Room

Exercise Room

Pool

Pool

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

When considering a home, knowing the community policies is crucial. Olive Tree Condos welcomes both cats and dogs, making it a pet-friendly haven for animal lovers—your furry friend will feel right at home here!

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Olive Tree Condos$225/sqft.$3 /sqft.
248 E Bailey Rd$223/sqft.$3 /sqft.
Olive Tree Condos$218/sqft.$2 /sqft.
218 E Bailey Rd$213/sqft.$3 /sqft.
134 E Bailey Rd$189/sqft.$3 /sqft.
Olive Tree Condos$189/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Olive Tree Condos.

Maplebrook Elementary School

A
Public|Grades KG–5
1630 Warbler Dr|0.68 miles away

Scott Elementary School

A-
Public|Grades KG–5
500 Warwick Dr|0.77 miles away

Madison Junior High School

A
Public|Grades 6–8
1000 River Oak Dr|1.01 miles away

Lincoln Junior High School

A+
Public|Grades 6–8
1320 Olympus Dr|1.27 miles away

Meadow Glens Elementary School

A+
Public|Grades KG–5
1150 Muirhead Ave|1.32 miles away

Bethany Lutheran Church and School

--
Private|Grades PK–8
1550 Modaff Rd|1.65 miles away
Next

Schools

Maplebrook Elementary School

A
Public|Grades KG–5
1630 Warbler Dr|Less than 1 Mile Away

Scott Elementary School

A-
Public|Grades KG–5
500 Warwick Dr|Less than 1 Mile Away

Madison Junior High School

A
Public|Grades 6–8
1000 River Oak Dr|1.01 Miles Away

Lincoln Junior High School

A+
Public|Grades 6–8
1320 Olympus Dr|1.27 Miles Away

Meadow Glens Elementary School

A+
Public|Grades KG–5
1150 Muirhead Ave|1.32 Miles Away

Bethany Lutheran Church and School

--
Private|Grades PK–8
1550 Modaff Rd|1.65 Miles Away

River Woods Elementary School

A+
Public|Grades KG–5
2607 River Woods D...|1.81 Miles Away

Ranch View Elementary School

A+
Public|Grades KG–5
1651 Ranchview Dr|1.88 Miles Away

Kingsley Elementary School

A
Public|Grades KG–5
2403 Kingsley Dr|1.89 Miles Away

Owen Elementary School

B
Public|Grades KG–5
1560 Westglen Dr|1.95 Miles Away

St Raphael Catholic School

--
Private|Grades PK–8
1215 Modaff Rd|2.05 Miles Away

Ann Reid Early Childhood Center

--
Public|Grades PK–PK
1011 S Naper Blvd|2.05 Miles Away

Elmwood Elementary School

A
Public|Grades KG–5
1024 Magnolia Ln|2.27 Miles Away

Kennedy Junior High School

A+
Public|Grades 6–8
2929 Green Trails ...|2.61 Miles Away

Prairie Elementary School

A+
Public|Grades KG–5
500 S Charles Ave|2.65 Miles Away

Transit

No Transit Data Available

The Neighbourhood: Olive Tree Condos

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Olive Tree Condos Demographics

Age Demographics

0–14 Years

18.69%

15–29 Years

16.66%

30–44 Years

16.07%

45–59 Years

24.52%

60+ Years

24.06%

Commute

9.19%

Transit

1.83%

Walk

70.9%

Drive

0.07%

Bike

Housing Ownership

84.21%

Owner Occupied

15.79%

Rental Units

Household Types

Single Family
35.53%
Multi Family
7.86%
Single Person
24.22%
Multi Person
75.78%

Average Income

Household:$13,198,842.45 /yr

Individual:$5,661,278.23 /yr

Education

Bachelors Degree40.51%
High School College11.88%
Diploma7.46%
Post Graduate27.51%
Others12.65%
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Education

Diploma7.46%
Post Graduate27.51%
Others12.65%
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    Olive Tree Condos
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