$169,000
●
Condo -
Off Market
7316 W 40th Street #4E
Lyons, IL 60534
2 Beds
2 Baths
$298,508
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model
About This Property
This immaculate 2BR,2BA end unit condo is in the perfect
location!Across the street from forest preserve & park on
premises.Secluded from busy area yet so convenient to
expressway,shopping & more!Beautiful exposed
masonry.Elevator,storage,2 parking spaces.Spacious MBR with huge
windows,neutral t/o,nice balcony.Laundry in unit. Priced under
market for fast sale!***Seller will pay up to 2 points****
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$400
HOA Dues
$156
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (MRED MLS #06253786)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2007 | Sold | ||
| Sold | |||
| Aug 20, 2006 | Listed by Prudential Starck, Realtors | $175,000 | |
| Listed by Prudential Starck, Realtors | |||
Property Highlights
Elevator
Parking Available
Parking Details
Total Number of Parking: 2
Parking Features: Asphalt, Deeded, Assigned
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Elevator
Appliances: Dishwasher, Range, Washer, Refrigerator, Dryer
Rooms: 5
Basement: None
Exterior Details
Ownership: Condo
Age: 1-5 Years
Parcel Number: 18012030431014
Property Type: Residential
Year Built: 2002
Construction Methods: Brick
No Disability Access
Exterior Features: Balcony
Lot Features: Common Grounds, Forest Preserve Adjacent, Rear of Lot
Lot Size Dimensions: INTEGRAL
Water Source: Public
Financial Details
Tax Year: 2005
Tax Annual Amount: $4,800
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: LYONS
Corporate Limits: LYONS
Directions: Harlem to 40th Street W to property
County or Parish: Cook
Elementary School District: 103
Elementary School: OTHER
Middle Or Junior School District: 103
Middle Or Junior School: OTHER
High School District: 201
High School: OTHER
Other Details
Association Fee Includes: Snow Removal, Scavenger, Insurance, Water, Exterior Maintenance, Lawn Care
Association Fee: $156
Holds Earnest Money: Yes
Possession: Closing
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/21/2026
|
2 Bed
|
2 Bath
|
1000 ft²
|
$195,000
2 Bed
2 Bath
1000 ft²
|
$198,000
+1.54%
04/02/2026
|
Joseph Langley
Coldwell Banker Realty
| |
|
07/24/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$199,900
2 Bed
2 Bath
1000 ft²
|
$200,000
+0.05%
09/01/2025
|
Josue Duarte
Duarte Realty Company
| |
|
10/18/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$179,900
2 Bed
2 Bath
1000 ft²
|
$179,900
11/15/2024
|
Elizabeth Czech
RE/MAX Suburban
| |
|
06/26/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$169,000
2 Bed
2 Bath
1000 ft²
|
$160,000
-5.33%
11/03/2023
|
Joseph Langley
Coldwell Banker Realty
| |
|
10/25/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$170,000
2 Bed
2 Bath
1000 ft²
|
$164,000
-3.53%
01/05/2023
|
Srdan Sterleman
RE/MAX City
| |
|
03/18/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$170,000
2 Bed
2 Bath
1000 ft²
|
$170,000
05/21/2021
|
Jennifer Wadhwa
Jason Mitchell Real Estate IL
| |
|
10/17/2019
|
2 Bed
|
2 Bath
|
700 ft²
|
$120,000
2 Bed
2 Bath
700 ft²
|
-
-
|
-
| |
|
12/27/2007
|
2 Bed
|
2 Bath
|
856 ft²
|
$158,900
2 Bed
2 Bath
856 ft²
|
$151,900
-4.41%
02/27/2008
|
Alfonso Escobar
Century 21 Hallmark Ltd.
| |
|
08/20/2006
|
2 Bed
|
2 Bath
|
-
|
$175,000
2 Bed
2 Bath
|
$169,000
-3.43%
03/29/2007
|
Lori Johnson
Compass
| |
|
06/09/2006
|
2 Bed
|
2 Bath
|
-
|
$177,000
2 Bed
2 Bath
|
$169,000
-4.52%
03/20/2007
|
Anthony Bertuca
Bertuca Realty Group
|
Building Info
About Lyons
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Listed by: , Prudential Starck, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 06253786
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: MRED, MLS# 06253786
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