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About this home
Turnkey Investment Opportunity in Award-Winning Naperville District 203! Beautiful and spacious 2-bedroom, 1.1-bath condo with a stable tenant in place for over 2 years, currently paying $1,800/month and expected to renew, providing immediate cash flow for the next owner. Features include: Newer appliances Private covered balcony Spacious layout Coin laundry in building Pets allowed HOA includes: Heat Water Gas Clubhouse with pool Tennis courts Exercise facilities Located in the highly sought-after Naperville School District 203, this property offers strong rental demand, excellent amenities, and long-term investment potential. Great opportunity for investors looking for a well-maintained, income-producing property from day one!
CondoProperty Type
1972Year Built
$199Price/Sq.Ft.
$538/moHOA Dues
1 spaceParking
Listed by Varun Malhotra• Listing Leaders Northwest, Inc
One of a kind! Largest end unit in the development w/ rare IN UNIT WASHER/DRYER AND 1.1 Baths! All new fully applianced kitchen w/ imported ceramic tile floor & canned lighting. All new baths w/ latest designer finishes. All new paint, carpet white trim work and doors. Large, covered balcony overlooking interior courtyard. District 203 schools. Asmt. incl. heat, water, pool, tennis, exercise facilities, club house.
The R3 district is intended to provide multiple-family areas of a medium density character accommodating a variety of housing types and compatible uses.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Naperville, IL • 60585
Average low and high temperatures (°F)
29
15
39
21
55
34
63
44
71
50
82
62
85
65
81
61
79
56
68
48
51
37
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 224 E Bailey Rd Unit g
$189,516
$5,384 under list price of $195K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $204K to $322K.