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116 Grace St

Lombard, IL 60148

3 bd 2 ba 1,574 sqft Built 1927 Lot 8,390 sqft single_family
Most recent sale
$425,000
Mar 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2022 Sold $425,000 MLS #11321251
Feb 10, 2022 Listed $399,900 MLS #11321251
Sep 11, 2020 Sold $345,000 Public Record
May 12, 2020 Price changed $354,900 MLS #10652514
Apr 21, 2020 Relisted $359,000 MLS #10652514
Mar 22, 2020 Listing removed $359,000 MRED
Mar 2, 2020 Listed $359,000 MLS #10652514
Apr 19, 2017 Sold $330,000 MLS #09560819
Mar 10, 2017 Listed $330,000 MLS #09560819
Jan 1, 2017 Listing removed $330,000 MRED
Dec 2, 2016 Price changed $330,000 MLS #09299530
Sep 1, 2016 Price changed $320,000 MLS #09299530
Jul 28, 2016 Listed $325,000 MLS #09299530
Jul 20, 2016 Listing removed $340,000 MRED
Jul 18, 2016 Price changed $340,000 MLS #09192577
Jun 22, 2016 Price changed $345,000 MLS #09192577
May 20, 2016 Price changed $350,000 MLS #09192577
May 9, 2016 Price changed $362,500 MLS #09192577
Apr 22, 2016 Price changed $365,000 MLS #09192577
Apr 12, 2016 Listed $370,000 MLS #09192577
Mar 18, 1991 Sold $159,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $104,604 $22,017 $126,621 $9,216
2022 $92,990 $19,580 $112,570 $8,503
2021 $90,680 $19,090 $109,770 $8,238
2020 $88,690 $18,670 $107,360 $8,066
2019 $84,320 $17,750 $102,070 $7,664
2018 $76,820 $22,920 $99,740 $7,780
2017 $73,200 $21,840 $95,040 $7,562
2016 $68,960 $20,570 $89,530 $7,357
2015 $64,240 $19,160 $83,400 $6,953
2014 $72,020 $23,860 $95,880 $8,317
2013 $73,030 $24,200 $97,230 $8,188
2012 $77,830 $25,790 $103,620 $8,058
2011 $83,940 $28,570 $112,510 $7,835
2010 $89,060 $30,310 $119,370 $7,585
2009 $95,560 $32,520 $128,080 $7,376
2008 $95,560 $32,520 $128,080 $7,177
2007 $87,830 $29,890 $117,720 $6,780
2006 $79,660 $27,110 $106,770 $6,190

Property facts

Year built
1927
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,574 sqft
Lot size
8,390 sqft
ZIP code
60148
City
Lombard
Street
Grace St
Coordinates
41.88722, -88.00887

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,833
Gross rental yield
8.00%
Implied cap rate
5.20%
Trend-extrapolated value

Frequently asked questions

When did 116 Grace St last sell?
116 Grace St most recently sold on Mar 21, 2022 for $425,000.
What is the current tax assessment for 116 Grace St?
The most recent total assessment for 116 Grace St (year 2024) is $126,621 with $9,216 in property tax.
How does 116 Grace St's assessment compare to its last sale price?
The current assessment is 70.2% below the last sale price of $425,000.
When was 116 Grace St built?
116 Grace St was built in 1927.
How does 116 Grace St compare to others on Grace St?
We track 8 other properties on Grace St. Browse the list under "Other properties on Grace St" to compare beds, baths, and sale history.
What are the property facts for 116 Grace St?
116 Grace St is a 3 bed, 2 bath, 1,574 sqft, 8,390 sqft lot single_family.
Is 116 Grace St a flip candidate?
Yes — 116 Grace St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 116 Grace St a tax-appeal candidate?
No — 116 Grace St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$337.5K
2026 Q4
$335.9K
ZIP 60148 — Median Price History + Forecast

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