NOT LISTED FOR SALE

331 W Saint Charles Rd Lombard, IL 60148

North Lombard Neighborhood
8 Beds
5 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $593,893

Highlights

  • Property is near a park
  • 3 Car Detached Garage
  • Heating System Uses Steam
  • Park View Elementary School Rated A-
  • Baseboard Heating
  • Paved or Partially Paved Lot

About This Home

As of May 2023

Looking for a turnkey investment opportunity in Lombard, look no further. Check out this fully occupied, all-brick 3-flat near the Metra Train station and downtown area. Each unit is spacious with a 19' x 13' living room and a large eat-in kitchen. There is one 2-bed, 1-bath unit (1,098 sq ft) and two recently updated 3-bed, 1.1-bath units (1,329 sq ft). The master bedroom in each 3-bed unit has a private 1/2 bath and a 5' x 6' walk-in closet. The building has seen several updates since 2012, including vinyl windows, a new roof, endless hot water heater/boiler, LED common area lighting, exterior access doors, under ground downspouts to divert water, and a freshly paved asphalt driveway. The ground level has a shared laundry/mechanical room with two washing machines and a dryer. Additionally, there's a 3-car detached garage on the property with 3 individual storage units. This investment opportunity is perfect for those seeking a reliable source of rental income in a prime location. We kindly request that you do not disturb the tenants in any way.

Last Agent to Sell the Property

Dave Goddard

Garry Real Estate License #475136603 Listed on: 05/04/2023

Co-Listed By

Candy Goddard

Garry Real Estate License #471017778

Last Buyer's Agent

Beata Nowak

Exit Realty Redefined License #475156581

Exit Realty Redefined

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,155

Year Built

  • Built in 1980

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 51x165x49x158
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Location

  • Property is near a park

Schools

  • Park View Elementary School
  • Glenn Westlake Middle School
  • Glenbard East High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units
  • 3 Flat

Building Details

  • Electric Expense $600
  • Fuel Expense $4,100
  • Insurance Expense $2,349
  • Trash Expense $1,467
  • Water Sewer Expense $3,800
  • Gross Income $65,064
  • Net Operating Income $39,393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,155

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Garage/Space,Range Hood,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 589896
  • Lot Features: Sidewalks, Streetlights
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Heating: Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 1467
  • Water Sewer Expenses: 3800
  • Other Expenses $: 1200
  • Trash Expense Year: 2022

Schools

  • Elementary School: Park View Elementary School
  • High School: Glenbard East High School
  • Middle/Junior School: Glenn Westlake Middle School
  • Middle/Junior School District: 44

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 51X165X49X158
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 39393
  • Fuel Expense: 4100
  • Insurance Expense: 2349
  • ElectricExpense: 600
  • GrossIncome: 65064
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 12155
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $593,893 +0.7% --
05/05/2023 05/05/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $589,896 0.0% --
04/14/2019 04/14/19 Rented $3,200 0.0% --
02/18/2019 02/18/19 Under Contract -- -- --
02/16/2019 02/16/19 For Rent $3,200 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dave Goddard

    Seller's Agent in 2023

    Dave Goddard

    Garry Real Estate

    (630) 310-8315

    1 in this area

    129 Total Sales

    Section Image
  • Candy Goddard

    Seller Co-Listing Agent in 2023

    Candy Goddard

    Garry Real Estate

    (630) 992-5477

    1 in this area

    104 Total Sales

    Section Image
  • Beata Nowak

    Buyer's Agent in 2023

    Beata Nowak

    Exit Realty Redefined

    (773) 805-1110

    1 in this area

    130 Total Sales

    Section Image

  • J

    Seller's Agent in 2019

    Justin Kain

    Keller Williams Premiere Properties

  • C

    Buyer's Agent in 2019

    Christina White

    Baird Warner

    (630) 363-0594

    3 in this area

    40 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11774516

Midwest Real Estate Data (MRED)

Illinois DuPage County Lombard 60148 North Lombard

331 W Saint Charles Rd, Lombard, IL

This home is located at 331 W Saint Charles Rd, Lombard, IL 60148 since 04 May 2023. This property was built in 1980. 331 W Saint Charles Rd is a home located in DuPage County with nearby schools including Park View Elementary School, Pleasant Lane Elementary School, and Madison Elementary School.

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