Investor friendly 2-bedroom condo in the Olive Trees subdivision, located in highly acclaimed School District 203. This spacious unit offers an open floor plan with a combined living/dining area and an adjacent kitchen featuring a breakfast nook. Sliding glass doors off the living room lead to a private balcony. Both bedrooms are generously sized with excellent closet space. Key updates include a dishwasher in 2021, along with a new living room wall A/C unit in 2023. Coin operated laundry is conveniently located in the neighboring building. The unit includes two dedicated parking spaces directly in front of the building. Monthly assessments cover numerous utilities and provide access to community amenities including an outdoor pool, playground, tennis courts, and clubhouse. A solid opportunity for investors or owner occupants seeking value, convenience, and a prime Naperville/Aurora location within District 203.
CondoProperty Type
1980Year Built
$183Price/Sq.Ft.
$492/moHOA Dues
2 spacesParking
Listed by Thomas Pilafas• Charles Rutenberg Realty
Bought with Arshia Khaleelullah• HomeSmart Realty Group
Est. $1,593 per month, based on comparable rentals
Sale and tax history for 224 E Bailey Rd Unit J
Sale History
Tax History
Date
Event
Price
MRED as Distributed by MLS Grid #12712034
Oct 29, 2026
Sold (MLS) (Closed)
$165,000
$183/sq ft
Aug 20, 2026
Contingent (Contingent - Continue to Show)
—
Jul 30, 2026
Price Changed
$179,900
$200/sq ft
Jul 22, 2026
Listed (Active)
$184,900
$205/sq ft
Public Records
May 17, 2017
Sold
$95,500
$106/sq ft
MRED as Distributed by MLS Grid #09575813
Apr 14, 2017
Sold (MLS) (Closed Sale)
$95,500
$106/sq ft
Mar 29, 2017
Contingent
—
Mar 25, 2017
Listed (New)
$94,900
$105/sq ft
+2
2 BR, 1 1/2 BATH CONDO IN A GREAT AREA CLOSE TO DOWNTOWN. CLUBHOUSE W/ EXERCISE FACILITY, SWIMMING POOL & TENNIS COURTS. BEAUTIFUL GROUNDS. UNIT COMES WITH WASHER & DRYER AND 2 EXTERIOR PARKING SPACES. UNIT IS CURRENTLY BEING RENTED. INVESTORS WELCOMED. Property sold "as is"
MRED as Distributed by MLS Grid #09318834
Feb 10, 2017
Listing Removed
—
MRED as Distributed by MLS Grid #09208968
Jun 11, 2016
Listing Removed
—
May 10, 2016
Listing Removed
—
Public Records
Aug 7, 2003
Sold
$107,000
$119/sq ft
Public Records
Apr 27, 1998
Sold
$66,000
$73/sq ft
Public Records
May 4, 1995
Sold
$57,000
$63/sq ft
Public Records
Apr 15, 1987
Sold
$1,669,500
$1,855/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$3,249 (+3.3%)
$5,347 + $47,685
$53,032
2023
$3,145 (+57.4%)
$4,880 + $43,520
$48,400
2022
$1,998 (−16.0%)
$3,840 + $34,270
$38,110
2021
$2,380 (+2.1%)
$3,690 + $32,970
$36,660
2020
$2,331 (+2.8%)
$3,620 + $32,380
$36,000
2019
$2,267 (+32.9%)
$3,460 + $30,980
$34,440
2018
$1,706 (+1.9%)
$2,600 + $23,310
$25,910
2017
$1,674 (+1.8%)
$2,510 + $22,520
$25,030
2016
$1,644 (+0.4%)
$2,420 + $21,710
$24,130
2015
$1,637 (−15.3%)
$2,280 + $20,440
$22,720
2013
$1,932 (−3.3%)
$2,660 + $23,760
$26,420
2012
$1,997 (−9.3%)
$2,950 + $26,400
$29,350
2011
$2,202 (−8.8%)
$3,520 + $31,520
$35,040
2010
$2,413 (+1.4%)
$4,110 + $36,820
$40,930
2009
$2,379 (+3.1%)
$4,330 + $38,750
$43,080
2008
$2,307 (+5.0%)
$4,270 + $38,210
$42,480
2007
$2,197
$4,030 + $36,080
$40,110
Public record
Public record
Zoning
Beds
2
Baths
1.5
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
900
Year built
1980
Style
Condo/Co-op
County
DuPage County
APN
0832110193
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
R3
Medium Density Multiple-Family Residence District
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
Property details
Parking
Parking Information
# of Parking (Total): 2
Parking Features: Parking Lot
Interior
Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1
Bath Amenities: Soaking Tub
Bedroom Information
# of Bedrooms: 2
# of Bedrooms Possible: 2
Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 13 x 11
Window Treatments: None
Flooring: Carpet
Room Information
Room Type: Bedroom 3
Room Information
Room Type: Bedroom 4
Room Information
Room Type: Dining Room
Level: Main
Dimensions: 10 x 11
Flooring: Carpet
Room Information
Room Type: Family Room
Room Information
Room Type: Kitchen
Type: Eating Area-Table Space
Level: Main
Dimensions: 9 x 7
Flooring: Ceramic Tile
Room Information
Room Type: Laundry
Room Information
Room Type: Living Room
Level: Main
Dimensions: 12 x 20
Window Treatments: None
Flooring: Carpet
Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 14 x 10
Window Treatments: None
Flooring: Carpet
Bath: None
Additional Rooms Information
Dining Room: Kitchen/Dining Combo
Laundry Features: Common Area
Interior Features
Interior Features: Open Floorplan
# of Rooms: 5
Window Features: Drapes
Flooring: Carpet
Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Gas Cooktop, Gas Oven
TV-Cable, Intercom, CO Detectors
Exterior
Exterior Features
Exterior Features: Balcony
Building Information
# Of Units in Building: 12
Living Area Source: Assessor
Age: 41-50 Years
Built Before 1978 (Y/N): No
Construction Materials: Brick
Aprox. Total Finished Sq Ft: 900
Property Information
Entry Level: 3
Property Type: Attached Single
Property Type: Condo
Main Sq Ft: 900
Ownership: Condo
Property Currently Being Leased: Yes
Rebuilt (Y/N): No
Rehab (Y/N): No
Total Finished/Unfinshed Sq Ft: 900
Total Sq Ft: 900
General Information: School Bus Service
Parcel Number: 0832110193
Lot Information
Dimensions: COMMON
Financial
Tax Information
Tax Annual Amount: $3,359.04
Tax Year: 2025
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Electric: Circuit Breakers
Heating & Cooling
Heating: Steam
Cooling: Wall Unit(s)
Location
Community Information
Management: Manager Off-site
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 35
Homeowners Association Information
Association Fee: $492
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Water, Gas, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other
Master Association Fee Frequency: Not Required
Association Amenities: Coin Laundry, Storage, Park, Pool, Clubhouse
School Information
Elementary School District: 203
Elementary School: Scott Elementary School
Middle Or Junior School District: 203
Middle Or Junior School: Madison Junior High School
High School District: 203
High School: Naperville Central High School
Location Information
Subdivision Name: Olive Trees
Township: Lisle
Corporate Limits: Naperville
Directions: Washington (S) of 75th St. to Bailey (E) to Olive Trees Right. Building #224. 2nd floor - Unit is the first on the righthand side
Public facts
Beds: 2
Baths: 1.5
Sq. Ft.: 900
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1980
Year Renovated: —
County: DuPage County
APN: 0832110193
Home facts updated by county records on Sep 8, 2026
Other
Listing Information
Holds Earnest Money: No
Possession: Lease Back Required, Tenant's Rights
Some Photos Virtually Staged?: No
Around this home
Schools
Scott Elementary School
Public K-5 • Assigned • 0.6mi
9/10
Madison Junior High School
Public 6-8 • Assigned • 0.8mi
7/10
Naperville Central High School
Public 9-12 • Assigned • 2.6mi
9/10
Provided by GreatSchools
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 • 60565
Average low and high temperatures (°F)
29
15
39
21
55
34
63
44
71
50
82
62
86
66
81
61
79
55
66
49
51
37
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 13% for direct sun exposure in Naperville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$195,000 – $236,000
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