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40 S Lombard Ave, Lombard, IL, 60148

3beds
1baths
1,232sqft
$350,000
$284price/sqft
$2,579/moest. monthly cost
$103,160/yrincome needed

About This Home

NEW PRICE! Now offered at $335,000! Welcome to 40 S. Lombard Avenue, a well maintained 3 bedroom, 1 bathroom home in the heart of Historic Lombard, where comfort, convenience, and opportunity come together. Step inside and you'll find a functional and inviting layout with three spacious bedrooms and plenty of room to make this home your own. The property also features a two car garage, generous lot, and unfinished basement with a bonus room/office, offering additional space for storage, a home office, hobby room, or future finishing possibilities. One of the best features of this home is its location!! Enjoy being just walking distance from Paradise Water Park, Common Park, the Lombard Metra Station, running trails, and downtown Lombard, where you'll find local restaurants, shops, entertainment, and community events. Everything you need is close to home while still enjoying the charm of a quiet, established neighborhood. With a great location, spacious lot, two car garage, and plenty of potential, this home is an excellent opportunity for a first time buyer, someone looking to downsize, or anyone looking to put their own personal touches on a home in a fantastic Lombard community. Now priced at $335,000, this is an opportunity you won't want to miss! Schedule your private showing today and come see everything 40 S. Lombard Avenue has to offer.

Getting Around

67
WalkingSomewhat Walkable
27
TransitSome Transit
78
BikeVery Bikeable

Schools

5/10
4/10
Glenbard East High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1955

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedroom2

  • Level: Main
  • Area: 120
  • Dimensions: 10X12

Bedroom3

  • Level: Main
  • Area: 90
  • Dimensions: 9X10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 192
  • Dimensions: 12X16

Family Room

  • Level: Main
  • Area: 72
  • Dimensions: 12X6

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,258
  • Total interior livable area: 1,232 sqft

Kitchen

  • Level: Main
  • Area: 126
  • Dimensions: 14X9

Laundry

  • Level: Basement
  • Area: 100
  • Dimensions: 10X10

Living Room

  • Level: Main
  • Area: 336
  • Dimensions: 16X21

Master Bedroom

  • Level: Main
  • Area: 195
  • Dimensions: 13X15

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 0608116006
  • Special condition: None

Features

  • Stories: 1

Lot

  • Lot size: 7,840 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Yes,Garage Owned,Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$129$1,548
Property Taxes $551$6,612
Electricity $130$1,569
Total$2,579$30,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,422/yr
40% on housing$77,370/yr
45% on housing$68,773/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$284This listing

vs Other Active Listings

Avg $/sqft

ZIP 60148$216
DuPage County$270

vs Homes Sold Last Month

Median $/sqft

ZIP 60148$255
DuPage County$260

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$335,000
2026-07-28Listed for sale$350,000

For Sale by Agent

AgentLeonardo Lopez
BrokerageeXp Realty

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