Year Built
1972
# Stories
3
# Total Units
9
Unit Size Range
942-1,042 sqft
Unit Demand
Low
Unit Availability
Low
About Olive Tree Condos
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
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
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding 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!
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
Olive Tree Condos Market Report (last 12 months)
50.00%
1
63 37.50%
1Olive Tree Condos Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | J | 900 | 2 | 2 | 117 | 2025-08-04 MLS#: 12328626 | Closed | $198,000 |
 | L | 980 | 2 | 2 | 63 | 2025-06-13 MLS#: 12336401 | Closed | $220,000 |
 | L | 980 | 2 | 2 | 24 | 2022-03-08 MLS#: 11321198 | Closed | $151,000 |
2 Beds
2 Baths
900 sqft
| Date | Status | Price |
|---|---|---|
| 2025-08-04 | Closed | $198,000 |
2 Beds
2 Baths
980 sqft
| Date | Status | Price |
|---|---|---|
| 2025-06-13 | Closed | $220,000 |
2 Beds
2 Baths
980 sqft
| Date | Status | Price |
|---|---|---|
| 2022-03-08 | Closed | $151,000 |
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 Name | Avg price per square foot | AVG 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
AScott Elementary School
A-Madison Junior High School
ALincoln Junior High School
A+Meadow Glens Elementary School
A+Bethany Lutheran Church and School
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View nearby schools
Schools
Maplebrook Elementary School
AScott Elementary School
A-Madison Junior High School
ALincoln Junior High School
A+Meadow Glens Elementary School
A+Bethany Lutheran Church and School
--River Woods Elementary School
A+Ranch View Elementary School
A+Kingsley Elementary School
AOwen Elementary School
BSt Raphael Catholic School
--Ann Reid Early Childhood Center
--Elmwood Elementary School
AKennedy Junior High School
A+Prairie Elementary School
A+Transit
Transit
The Neighborhood:
HelloCondo is a division of HelloCasa, LLC
Atlanta, GA 30339
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142