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40 Tower Rd

Oak Brook, IL 60523

2 bd 2 ba 1,310 sqft Built 1977 condos
Most recent sale
$187,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $187,000 MLS #11343798
Mar 21, 2022 Price changed $189,900 MLS #11343798
Mar 10, 2022 Listed $194,900 MLS #11343798
Oct 21, 2019 Sold $133,711 MLS #10515741
Nov 25, 1996 Sold $94,000 Public Record
Aug 1, 1987 Sold $37,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $57,325 $6,369 $63,694 $4,133
2022 $46,440 $5,160 $51,600 $3,382
2021 $45,280 $5,030 $50,310 $3,259
2020 $44,290 $4,920 $49,210 $3,186
2019 $47,230 $5,250 $52,480 $3,049
2018 $39,330 $4,370 $43,700 $2,537
2017 $35,690 $3,960 $39,650 $2,251
2016 $33,620 $3,730 $37,350 $2,194
2015 $31,320 $3,470 $34,790 $2,534
2014 $32,040 $3,550 $35,590 $2,626
2013 $32,490 $3,600 $36,090 $2,154
2012 $34,630 $3,840 $38,470 $2,069
2011 $45,850 $5,090 $50,940 $1,802
2010 $52,860 $5,880 $58,740 $1,659
2009 $56,720 $6,310 $63,030 $1,495
2008 $50,450 $5,610 $56,060 $1,483
2007 $46,370 $5,160 $51,530 $1,564
2006 $45,730 $5,090 $50,820 $1,593

Property facts

Year built
1977
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,310 sqft
Lot size
ZIP code
60523
City
Oak Brook
Street
Tower Rd
Coordinates
41.84528, -87.98912

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,122
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 Tower Rd last sell?
40 Tower Rd most recently sold on Apr 27, 2022 for $187,000.
What is the current tax assessment for 40 Tower Rd?
The most recent total assessment for 40 Tower Rd (year 2024) is $63,694 with $4,133 in property tax.
How does 40 Tower Rd's assessment compare to its last sale price?
The current assessment is 65.9% below the last sale price of $187,000.
When was 40 Tower Rd built?
40 Tower Rd was built in 1977.
How does 40 Tower Rd compare to others on Tower Rd?
We track 8 other properties on Tower Rd. Browse the list under "Other properties on Tower Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Tower Rd?
40 Tower Rd is a 2 bed, 2 bath, 1,310 sqft condos.
Is 40 Tower Rd a flip candidate?
No — 40 Tower Rd does not appear in our flips dataset.
Is 40 Tower Rd a tax-appeal candidate?
No — 40 Tower Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.8%
Implied 1-yr
-15.1%
2026 Q3
$706.1K
2026 Q4
$670.7K
ZIP 60523 — Median Price History + Forecast

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