Landlord's Agent in 2025
Marcos Velazquez
@ Properties
(224) 650-0193
5 in this area
11 Total Sales
42 N Park Ave Unit 8 Lombard, IL 60148
North Lombard Neighborhood
1
Bed
1
Bath
700
Sq Ft
$269
Price per Sq Ft
Highlights
- Balcony
- Living Room
- Central Air
- Pleasant Lane Elementary School Rated A-
- Laundry Room
- Dining Room
About This Home
As of July 2025Welcome to this 1-bedroom, 1 bath rental located in downtown Lombard! Situated just a short distance from the Metra Train Station, shopping centers, restaurants, and the Prairie path, this unit offers convenience and accessibility. Step inside and be greeted by a fully updated interior. The kitchen has been renovated and features updated cabinets, and newer appliances. The bathroom has also undergone a stunning transformation boasting a brand-new toilet, bathtub, and vanity. Additionally, you'll appreciate the convenience of having an in-unit washer/dryer, making laundry a breeze. The living room is the perfect place to relax and entertain, the unit is beautifully illuminated with can lights throughout the unit. Don't miss out on the opportunity to make this wonderful rental your new home. Experience the comfort and convenience of downtown living in Lombard. Schedule a viewing today and see all that this fully updated unit has to offer!
Last Agent to Rent the Property
@properties Christie's International Real Estate License #475207705 Listed on: 05/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,982
Year Built
- Built in 1990 | Remodeled in 2025
Home Design
- Property Attached
- Entry on the 2nd floor
Interior Spaces
- 700 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- Parking Included in Price
Outdoor Features
- Balcony
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- No Pets Allowed
Listing and Financial Details
- Security Deposit $1,900
- Property Available on 5/13/25
- Rent includes water, parking, exterior maintenance, lawn care, snow removal
- 12 Month Lease Term
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2016
Closed on
Apr 21, 2016
Sold by
Marks Charles E and Marks Denise A
Bought by
Arvai George M
Seller's Agent
Lexie Lyons
Executive Realty Group LLC
Buyer's Agent
Elizabeth Arvai
Keller Williams Premiere Properties
List Price
$94,000
Sold Price
$81,000
Premium/Discount to List
-$13,000
-13.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,190
Avg. Annual Appreciation
9.32%
Original Mortgage
$72,900
Outstanding Balance
$59,485
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$127,696
Purchase Details
Closed on
Sep 14, 2006
Sold by
Marks Charles E and Marks Denise A
Bought by
Marks Charles E and Marks Denise A
Purchase Details
Closed on
Oct 14, 2003
Sold by
Townhomes Of Lombard Inc
Bought by
Marks Charles E and Marks Denise A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arvai George M | $81,000 | Saturn Title Llc | |
| Marks Charles E | -- | None Available | |
| Marks Charles E | $119,500 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Arvai George M | $25,108 | |
| Open | Arvai George M | $72,900 | |
| Previous Owner | Marks Charles E | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Rented | $1,900 | 0.0% | -- |
| 07/10/2025 07/10/25 | Under Contract | -- | -- | -- |
| 05/13/2025 05/13/25 | For Rent | $1,900 | 0.0% | -- |
| 02/27/2025 02/27/25 | Sold | $189,000 | 0.0% | $272 / Sq Ft |
| 01/28/2025 01/28/25 | Pending | -- | -- | -- |
| 01/26/2025 01/26/25 | For Sale | $189,000 | +133.3% | $272 / Sq Ft |
| 04/21/2016 04/21/16 | Sold | $81,000 | -9.0% | -- |
| 03/26/2016 03/26/16 | Pending | -- | -- | -- |
| 03/24/2016 03/24/16 | Price Changed | $89,000 | -5.3% | -- |
| 03/02/2016 03/02/16 | For Sale | $94,000 | 0.0% | -- |
| 02/09/2016 02/09/16 | Pending | -- | -- | -- |
| 02/04/2016 02/04/16 | For Sale | $94,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,982 | $46,381 | $4,639 | $41,742 |
| 2023 | $2,806 | $42,890 | $4,290 | $38,600 |
| 2022 | $2,961 | $43,110 | $4,310 | $38,800 |
| 2021 | $2,861 | $42,030 | $4,200 | $37,830 |
| 2020 | $2,794 | $41,110 | $4,110 | $37,000 |
| 2019 | $2,640 | $39,090 | $3,910 | $35,180 |
| 2018 | $2,017 | $30,300 | $3,030 | $27,270 |
| 2017 | $1,721 | $26,260 | $2,630 | $23,630 |
| 2016 | $1,651 | $24,740 | $2,480 | $22,260 |
| 2015 | $1,897 | $27,120 | $2,720 | $24,400 |
| 2014 | $2,012 | $27,740 | $2,780 | $24,960 |
| 2013 | $1,986 | $28,130 | $2,820 | $25,310 |
Source: Public Records
Agents Affiliated with this Home
-
Marcos Velazquez
-
Elizabeth Arvai
E
Seller's Agent in 2025
Elizabeth Arvai
Keller Williams Premiere Properties
(630) 545-9860
3 in this area
6 Total Sales
-
Gabriella Carr
G
Tenant's Agent in 2025
Gabriella Carr
Keller Williams North Shore West
(847) 383-6600
-
Lexie Lyons
Seller's Agent in 2016
Lexie Lyons
Executive Realty Group LLC
(630) 894-1030
89 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12363210
APN: 06-07-229-008
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