$200,000
SOLD SEP 1, 2025

7316 40th St Unit 73164F Lyons, IL 60534

2 Beds
2 Baths
1,000 Sq Ft
$330/mo HOA Fee

Recently Sold

$200 Per Sq Ft

11 Days on Market

Highlights

  • Elevator
  • Walk-In Closet
  • Resident Manager or Management On Site
  • Balcony
  • Living Room
  • Laundry Room

About This Home

As of September 2025

Experience refined living in this beautifully maintained TOP FLOOR Lyons condo. This two bed + two bath condo offers an exceptional blend of comfort and convenience. It even has an IN UNIT washer and dryer! Step inside to discover a spacious interior with an open concept designed for relaxation and entertaining. Its beautiful windows bring in tons of natural light to the space. This home also features an inviting living area and an elevated kitchen complete with a brand new dishwasher, a brand new vent hood, and a stylish breakfast bar. Perfect for casual dining or entertaining. Enjoy the benefits of a well maintained building that includes a designated + enclosed parking space, a private storage unit, and an elevator. This pet friendly and rental friendly condo offers the ideal combination of low maintenance living and convenience. This Lyons condo is conveniently located just minutes away from the Metra, downtown Riverside, trendy restaurants + shops, and I-55. Owner is only responsible for the electric bill--no gas or water bill! Come check it out this weekend!

Last Agent to Sell the Property

Josue Duarte

Duarte Realty Company License #471020983 Listed on: 07/24/2025

Co-Listed By

Evelyn Riveros

Duarte Realty Company License #475200809

Last Buyer's Agent

Amal Khalil

Coldwell Banker Realty License #475182729

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,643

Year Built

  • Built in 2003

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 14 Units
  • Managre Association
  • Property managed by Independent Association Managers, Inc

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,643

Year Built

Built in 2003

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 4
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 1000
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Walk In Closet
  • Stories Total: 4
  • Window Features: Drapes
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 199900
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Assigned, On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 330
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Independent Association Managers, Inc
  • Management Contact Name: Managre
  • Management Phone: 000-000-0000

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 103

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3642.51
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jan 4, 2023
Sold by
Ristic Milos
Bought by
Aguirre Maria Ines
Seller's Agent
Srdjan Sterleman
NS International Realty, INC
Buyer's Agent
Josue Duarte
Duarte Realty Company
List Price
$170,000
Sold Price
$164,000
Premium/Discount to List
-$6,000
-3.53%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$155,800
Outstanding Balance
$150,784
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$53,301

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 18, 2019
Sold by
Meksraityte Edita and Vines Edita
Bought by
Ristic Milos
Seller's Agent
Rosie Gonzalez
Coldwell Banker Realty
Buyer's Agent
Srdjan Sterleman
NS International Realty, INC
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$116,400
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2009
Sold by
Jasinska Agata
Bought by
Meksraityte Edita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2005
Sold by
Bayorgeon Stephen
Bought by
Jasinska Agata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,520
Interest Rate
7.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 6, 2003
Sold by
Sks Development Inc
Bought by
Bayorgeon Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,550
Interest Rate
6.01%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $164,000 None Listed On Document
Warranty Deed $164,000 --
Warranty Deed $120,000 Stewart Title Company
Warranty Deed $130,000 Chicago Title Insurance Co
Warranty Deed $162,000 Cti
Special Warranty Deed $149,500 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,800 New Conventional
Closed $155,800 New Conventional
Previous Owner $116,400 New Conventional
Previous Owner $104,000 Unknown
Previous Owner $166,500 New Conventional
Previous Owner $129,520 Fannie Mae Freddie Mac
Previous Owner $134,550 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Sold $200,000 0.0% $200 / Sq Ft
08/28/2025 08/28/25 Off Market $200,000 -- --
08/04/2025 08/04/25 Pending -- -- --
07/24/2025 07/24/25 For Sale $199,900 +21.9% $200 / Sq Ft
01/05/2023 01/05/23 Sold $164,000 -3.5% $164 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $170,000 +41.7% $170 / Sq Ft
11/22/2019 11/22/19 Sold $120,000 0.0% $171 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $120,000 -- $171 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $3,643 $15,359 $500 $14,859
2023 $1,981 $15,359 $500 $14,859
2022 $1,981 $8,876 $435 $8,441
2021 $1,909 $8,874 $434 $8,440
2020 $3,070 $8,874 $434 $8,440
2019 $964 $5,932 $391 $5,541
2018 $940 $5,932 $391 $5,541
2017 $926 $5,932 $391 $5,541
2016 $850 $4,680 $347 $4,333
2015 $783 $4,680 $347 $4,333
2014 $776 $4,680 $347 $4,333
2013 $2,432 $9,772 $347 $9,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12428344

Midwest Real Estate Data (MRED)

APN: 18-01-203-047-1013