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
$200Price/Sq.Ft.
$433/moHOA Dues
2 spacesParking
Listed by Thomas Pilafas• Charles Rutenberg Realty
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
—
Jan 4, 2017
Relisted (Reactivated)
—
Nov 8, 2016
Pending
—
Oct 11, 2016
Price Changed
*
Aug 17, 2016
Listed (New)
*
MRED as Distributed by MLS Grid #09208968
Jun 11, 2016
Listing Removed
—
May 12, 2016
Price Changed
*
May 11, 2016
Relisted (Reactivated)
—
May 10, 2016
Listing Removed
—
Apr 28, 2016
Listed (New)
*
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
—
Finished Sq. Ft.
900
Unfinished Sq. Ft.
—
Total 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 Aug 26, 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
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
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
This home ranks in the top 14% 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
Redfin Estimate for 224 E Bailey Rd Unit J
$175,164
$4,736 under list price of $180K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $185K to $225K.