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  3. Oakbrook Terrace, IL
  4. /
  5. Arbor 40
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Arbor 40

1s065 Spring Road, Oakbrook Terrace, IL, 60181

YEAR BUILT

1976

# STORIES

1

# TOTAL UNITS

7

UNIT SIZE RANGE

1,350-1,450 sqft

Description

Arbor 40 sits in Oakbrook Terrace along Spring Road, close to South York Road and West Cermak Road. This low-rise building presents a straightforward design with a neighborhood vibe. The nearby Salt Creek adds scenic value to the area. Access to local routes encourages easy travel to surrounding communities and amenities. The building comprises seven units, each offering 2 bedrooms and a spacious layout of 1,350 to 1,450 square feet. Construction finished in 1976, giving the structure a solid, established feel. The average price per square foot for sold units is $225, with listings priced from $230,000 to $282,500. Unit prices also show a recent trend. The lowest sold price in the last year stands at $282,500. Homes in this building typically remain on the market for about 35 days. This timeframe reflects local buyer interest and market activity for similar units. Residents can relax at the onsite pool, providing a great spot to enjoy warm days. Close by, education institutions include Keller Graduate School of Management, DeVry University, and Intermedia Communications. These schools add to the neighborhood’s appeal for families and individuals seeking education options. The overall layout of Arbor 40 creates a cozy, residential atmosphere. It remains a solid choice for those seeking comfortable living in Oakbrook Terrace. The building's combination of size and features makes it a practical option for various buyers looking to settle in this community.

Building ImageMLS ID #12277963
Building ImageMLS ID #12277963
Building Image
Building ImageView Listing

Arbor 40

1s065 Spring Road, Oakbrook Terrace, IL, 60181

YEAR BUILT

1976

# STORIES

1

# TOTAL UNITS

7

UNIT SIZE RANGE

1,350-1,450 sqft

Description

Arbor 40 sits in Oakbrook Terrace along Spring Road, close to South York Road and West Cermak Road. This low-rise building presents a straightforward design with a neighborhood vibe. The nearby Salt Creek adds scenic value to the area. Access to local routes encourages easy travel to surrounding communities and amenities. The building comprises seven units, each offering 2 bedrooms and a spacious layout of 1,350 to 1,450 square feet. Construction finished in 1976, giving the structure a solid, established feel. The average price per square foot for sold units is $225, with listings priced from $230,000 to $282,500. Unit prices also show a recent trend. The lowest sold price in the last year stands at $282,500. Homes in this building typically remain on the market for about 35 days. This timeframe reflects local buyer interest and market activity for similar units. Residents can relax at the onsite pool, providing a great spot to enjoy warm days. Close by, education institutions include Keller Graduate School of Management, DeVry University, and Intermedia Communications. These schools add to the neighborhood’s appeal for families and individuals seeking education options. The overall layout of Arbor 40 creates a cozy, residential atmosphere. It remains a solid choice for those seeking comfortable living in Oakbrook Terrace. The building's combination of size and features makes it a practical option for various buyers looking to settle in this community.

Next

Description

Arbor 40 sits in Oakbrook Terrace along Spring Road, close to South York Road and West Cermak Road. This low-rise building presents a straightforward design with a neighborhood vibe. The nearby Salt Creek adds scenic value to the area. Access to local routes encourages easy travel to surrounding communities and amenities. The building comprises seven units, each offering 2 bedrooms and a spacious layout of 1,350 to 1,450 square feet. Construction finished in 1976, giving the structure a solid, established feel. The average price per square foot for sold units is $225, with listings priced from $230,000 to $282,500. Unit prices also show a recent trend. The lowest sold price in the last year stands at $282,500. Homes in this building typically remain on the market for about 35 days. This timeframe reflects local buyer interest and market activity for similar units. Residents can relax at the onsite pool, providing a great spot to enjoy warm days. Close by, education institutions include Keller Graduate School of Management, DeVry University, and Intermedia Communications. These schools add to the neighborhood’s appeal for families and individuals seeking education options. The overall layout of Arbor 40 creates a cozy, residential atmosphere. It remains a solid choice for those seeking comfortable living in Oakbrook Terrace. The building's combination of size and features makes it a practical option for various buyers looking to settle in this community.

Arbor 40 Market Stats Last 12 months

Avg. Listed Price$285,000($227/Sqft.)

Avg. Sale Price$282,500($225/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market35 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market35 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

Arbor 40 Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 2C2C126022352025-03-06
MLS#: 12277963
Closed$282,500
Unit 1C1C1257221372018-02-26
MLS#: 09775946
Closed$230,000
Unit 2C2C-221532007-02-28
MLS#: 06294452
Closed$215,000
Unit 1C
1C

2 Beds

2 Baths

1257 sqft


DateStatusPrice
2018-02-26Closed$230,000
MLS#: 09775946
Days On Market137
Unit 2C
2C

2 Beds

2 Baths

1260 sqft


DateStatusPrice
2025-03-06Closed$282,500
MLS#: 12277963
Days On Market35
Unit 2C
2C

2 Beds

2 Baths

0 sqft


DateStatusPrice
2007-02-28Closed$215,000
MLS#: 06294452
Days On Market153
View Complete Unit Listing HistorySource By: MRED

Amenities

One fantastic amenity offered to residents is a refreshing swimming pool, perfect for relaxing on hot summer days or unwinding after busy weeks. Feel free to take a dip or lounge poolside with friends. Imagine hosting a small gathering or just enjoying some 'me time' with a good book by the water. It’s these little perks that make condo living at Arbor 40 particularly appealing.

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Amenities Description

One fantastic amenity offered to residents is a refreshing swimming pool, perfect for relaxing on hot summer days or unwinding after busy weeks. Feel free to take a dip or lounge poolside with friends. Imagine hosting a small gathering or just enjoying some 'me time' with a good book by the water. It’s these little perks that make condo living at Arbor 40 particularly appealing.

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

Pool

Pool

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Patio

Patio

Storage

Storage

Balcony

Balcony

Policies

Arbor 40’s building policies are friendly for pet lovers—cats and dogs are welcome! While there are some pet size and number limits in place, you can still enjoy the company of your furry friends. These thoughtful policies foster a community that welcomes those who love their pets, making it easier for you to feel at home right from day one.

Next

Amenities Description

Arbor 40’s building policies are friendly for pet lovers—cats and dogs are welcome! While there are some pet size and number limits in place, you can still enjoy the company of your furry friends. These thoughtful policies foster a community that welcomes those who love their pets, making it easier for you to feel at home right from day one.

Pet Allowed
Check
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)
Arbor 40$225/sqft.$3 /sqft.
1s065 Spring Rd$225/sqft.$3 /sqft.
Arbor 40$231/sqft.$3 /sqft.
1s095 Spring Rd$231/sqft.$3 /sqft.
Spring Club$136/sqft.$3 /sqft.
1s045 Spring Rd$136/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Arbor 40.

Timothy Christian Schools

--
Private|Grades PK–12
1061 S Prospect Av...|0.71 miles away

Timothy Christian P-8

--
Private|Grades PK–8
188 W Butterfield ...|0.86 miles away

Stella May Swartz Elementary School

B+
Public|Grades 2–4
17W160 16th St|0.99 miles away

Salt Creek Elementary School

--
Public|Grades PK–1
980 S Riverside Dr|1.09 miles away

Jackson Elementary School

A-
Public|Grades KG–5
925 S Swain Ave|1.12 miles away

Bryan Middle School

A
Public|Grades 6–8
111 W Butterfield ...|1.16 miles away
Next

Schools

Timothy Christian Schools

--
Private|Grades PK–12
1061 S Prospect Av...|Less than 1 Mile Away

Timothy Christian P-8

--
Private|Grades PK–8
188 W Butterfield ...|Less than 1 Mile Away

Stella May Swartz Elementary School

B+
Public|Grades 2–4
17W160 16th St|Less than 1 Mile Away

Salt Creek Elementary School

--
Public|Grades PK–1
980 S Riverside Dr|1.09 Miles Away

Jackson Elementary School

A-
Public|Grades KG–5
925 S Swain Ave|1.12 Miles Away

Bryan Middle School

A
Public|Grades 6–8
111 W Butterfield ...|1.16 Miles Away

Early Childhood

--
Public|Grades PK–PK
130 W Madison St|1.61 Miles Away

Bright Horizons

--
Private|Grades PK–TKG
1520 Kensington Rd...|1.61 Miles Away

John E Albright Middle School

B+
Public|Grades 5–8
1110 S Villa Ave|1.62 Miles Away

Brook Forest Elementary School

A+
Public|Grades KG–5
60 Regent Dr|1.97 Miles Away

Oak Brook Park District

--
Public|Grades PK–PK
1450 Forest Gate R...|2.20 Miles Away

Lincoln Elementary School

A
Public|Grades KG–5
565 S Fairfield Av...|2.24 Miles Away

Wilson Montessori Academy

--
Private|Grades PK–KG
136 W Vallette St ...|2.27 Miles Away

Willowbrook High School

A
Public|Grades 9–12
1250 S Ardmore Ave|2.32 Miles Away

Jefferson Elementary School

A-
Public|Grades KG–5
360 E Crescent Ave|2.37 Miles Away

Butler Junior High School

A
Public|Grades 6–8
2801 York Rd|2.48 Miles Away

Stevenson School

--
Public|Grades PK–2
18W331 15th St|2.56 Miles Away

Islamic Foundation School

--
Private|Grades PK–12
300 W Highridge Rd|2.63 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Commerce Dr & McDonald Dr

0.99 miles away|19 min walk

McDonald Dr & Commerce Dr

1.01 miles away|20 min walk

Oak Brook Center / Macy's

1.06 miles away|21 min walk

22nd St & Spring Rd

1.14 miles away|22 min walk

1316 22nd St

1.16 miles away|23 min walk

22nd St & McDonald Dr

1.17 miles away|23 min walk
Next

Transit

Commerce Dr & McDonald Dr

0.99 miles away|19 min walk

McDonald Dr & Commerce Dr

1.01 miles away|20 min walk

Oak Brook Center / Macy's

1.06 miles away|21 min walk

22nd St & Spring Rd

1.14 miles away|22 min walk

1316 22nd St

1.16 miles away|23 min walk

22nd St & McDonald Dr

1.17 miles away|23 min walk

1315 22nd St

1.18 miles away|23 min walk

1401 22nd St

1.18 miles away|23 min walk

Rte 83 (Kingery Hwy) & 22nd St

1.25 miles away|24 min walk

22nd St & Enterprise Dr / Jorie Blvd

1.31 miles away|26 min walk

1200 York St / Elmhurst Memorial Healthcare

1.31 miles away|26 min walk

22nd St & Rte 83 (Kingery Hwy)

1.35 miles away|26 min walk

22nd St & Jorie Blvd / Enterprise Dr

1.42 miles away|28 min walk

22nd St & Parkview Dr

1.43 miles away|28 min walk

22nd St & MacArthur Dr

1.53 miles away|30 min walk

2000 York St / Oak Brook Business Center

1.56 miles away|30 min walk

22nd St & Clearwater Dr

1.57 miles away|31 min walk

Butterfield Rd & Chatham Ave

1.6 miles away|31 min walk

Summit Ave & 14th St

1.62 miles away|32 min walk

Roosevelt Rd & Summit Ave

1.65 miles away|32 min walk

Summit Ave & Butterfield Rd

1.72 miles away|33 min walk

22nd St & York Rd

1.72 miles away|33 min walk

Butterfield Rd & Poplar Ave

1.76 miles away|34 min walk

2155 22nd St

1.78 miles away|35 min walk

17 W 350 22nd St

1.78 miles away|35 min walk

15660 Midwest Rd

1.9 miles away|37 min walk

Cermak Rd & Windsor Dr

1.91 miles away|37 min walk

2111 Midwest Rd

1.92 miles away|37 min walk

22nd St & Windsor Dr

1.93 miles away|37 min walk

Roosevelt Rd & Ardmore Ave

1.93 miles away|37 min walk

Ardmore Ave & Roosevelt Rd

1.97 miles away|38 min walk

Ardmore Ave & 14th St

1.97 miles away|38 min walk

22nd St & Midwest Rd

2.01 miles away|39 min walk

Butterfield Rd & Cedar Ave

2.04 miles away|40 min walk

Butterfield Rd & Stratford Ave

2.25 miles away|44 min walk

153 Roosevelt Rd

2.26 miles away|44 min walk

Villa/Washington

2.28 miles away|44 min walk

22nd St & Tower Dr

2.28 miles away|44 min walk

290 Roosevelt Rd

2.32 miles away|45 min walk

Washington/Euclid

2.37 miles away|46 min walk

Washington/Grant

2.42 miles away|47 min walk

22nd St & Oakbrook Terrace

2.5 miles away|48 min walk

2601 22nd St / Northbrook Terrace

2.53 miles away|49 min walk

Villa/Highland

2.55 miles away|49 min walk

Washington/Illinois

2.55 miles away|49 min walk

Roosevelt Rd & Wisconsin Ave

2.58 miles away|50 min walk

Butterfield Rd & Darmstadt Rd

2.6 miles away|50 min walk

Washington/Cornell

2.63 miles away|51 min walk

Butterfield Rd & Darmstadt Rd / Atwood Ave

2.63 miles away|51 min walk

Roosevelt Rd & Addison Ave

2.64 miles away|51 min walk

The Neighbourhood: Arbor 40

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Arbor 40 Demographics

Age Demographics

0–14 Years

17.08%

15–29 Years

13.95%

30–44 Years

18.48%

45–59 Years

19.48%

60+ Years

31.01%

Commute

6.02%

Transit

1.43%

Walk

75.97%

Drive

0.48%

Bike

Housing Ownership

70.75%

Owner Occupied

29.25%

Rental Units

Household Types

Single Family
27.14%
Multi Family
4.04%
Single Person
36.57%
Multi Person
63.43%

Average Income

Household:$10,102,408.54 /yr

Individual:$5,461,972.91 /yr

Education

Bachelors Degree29.87%
High School College17.49%
Diploma4.88%
Post Graduate25.02%
Others22.74%
Next

Education

Diploma4.88%
Post Graduate25.02%
Others22.74%
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    Arbor 40
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