740 North Grace Street

740 North Grace Street in Lombard, IL was first built in 1954 and is 70 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. 740 North Grace Street has 864 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,580 ft and the linear feet between the front and back of the lot is 750. In total, the area measurement of the land is 11,761 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with a window/unit air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 740 North Grace Street sold most recently in Oct 19, 2016 for a total of $149,000. If you work out the math, that's approximately a cost of $172.45 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,073 in taxes each year. 740 North Grace Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $82,110. If we break it down further, the land itself was valued at $28,120. Improvements to the property, however, were assessed at a total of $53,990. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.