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40 Tower Rd

Oak Brook, IL 60523

2 bd 2 ba 1,286 sqft Built 1977 condos
Most recent sale
$177,000
Mar 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2026 Sold $245,000 MRED
Feb 21, 2026 Listed $249,900 MRED
Mar 23, 2022 Sold $177,000 Public Record
Oct 27, 2021 Price changed $190,000 MLS #11228770
Sep 24, 2021 Listed $200,000 MLS #11228770
Jul 15, 2016 Sold $135,000 MLS #09162432
Jun 7, 2016 Price changed $149,900 MLS #09162432
Apr 11, 2016 Price changed $159,500 MLS #09162432
Mar 11, 2016 Listed $159,900 MLS #09162432
Jun 10, 1997 Sold $118,000 Public Record
Oct 10, 1995 Sold $120,000 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 $46,360 $5,150 $51,510 $3,345
2018 $39,330 $4,370 $43,700 $2,925
2017 $35,690 $3,960 $39,650 $2,644
2016 $33,620 $3,730 $37,350 $2,611
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 $2,583
2012 $34,630 $3,840 $38,470 $2,533
2011 $45,850 $5,090 $50,940 $3,054
2010 $51,660 $5,730 $57,390 $3,215
2009 $55,430 $6,150 $61,580 $3,132
2008 $55,430 $6,150 $61,580 $3,077
2007 $50,950 $5,650 $56,600 $2,881
2006 $50,240 $5,570 $55,810 $2,889

Property facts

Year built
1977
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,286 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
$1,062
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 Mar 23, 2022 for $177,000.
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 64.0% below the last sale price of $177,000.
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, 1,286 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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