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1016 Lombard Ave

Oak Park, IL 60302

3 bd 2 ba 1,474 sqft Built 1923 Lot 3,125 sqft single_family
Most recent sale
$557,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $557,000 MLS #11335814
Mar 29, 2022 Listing removed $219,900 MRED
Feb 3, 2022 Sold $322,500 Public Record
Nov 15, 2021 Sold $215,000 MLS #11241722

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $33,637 $5,362 $38,999 $12,713
2022 $31,180 $4,640 $35,820 $13,754
2021 $31,180 $4,640 $35,820 $13,403
2020 $31,180 $4,640 $35,820 $13,076
2019 $26,886 $4,228 $31,114 $2,626
2018 $26,886 $4,228 $31,114 $2,532
2017 $26,886 $4,228 $31,114 $2,436
2016 $25,381 $3,506 $28,887 $9,903
2015 $25,381 $3,506 $28,887 $3,508
2014 $25,381 $3,506 $28,887 $3,192
2013 $25,041 $3,506 $28,547 $3,174
2012 $25,041 $3,506 $28,547 $3,010
2011 $25,041 $3,506 $28,547 $2,950
2010 $33,278 $3,506 $36,784 $2,472
2009 $33,278 $3,506 $36,784 $2,314
2008 $33,943 $5,609 $39,552 $2,438
2007 $28,797 $5,114 $33,911 $2,723
2006 $28,797 $5,114 $33,911 $2,785

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,474 sqft
Lot size
3,125 sqft
ZIP code
60302
City
Oak Park
Street
Lombard Ave
Coordinates
41.90452, -87.77998

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,653
Gross rental yield
5.72%
Implied cap rate
3.72%
Trend-extrapolated value

Frequently asked questions

When did 1016 Lombard Ave last sell?
1016 Lombard Ave most recently sold on May 20, 2022 for $557,000.
What is the current tax assessment for 1016 Lombard Ave?
The most recent total assessment for 1016 Lombard Ave (year 2023) is $38,999 with $12,713 in property tax.
How does 1016 Lombard Ave's assessment compare to its last sale price?
The current assessment is 93.0% below the last sale price of $557,000.
When was 1016 Lombard Ave built?
1016 Lombard Ave was built in 1923.
How does 1016 Lombard Ave compare to others on Lombard Ave?
We track 8 other properties on Lombard Ave. Browse the list under "Other properties on Lombard Ave" to compare beds, baths, and sale history.
What are the property facts for 1016 Lombard Ave?
1016 Lombard Ave is a 3 bed, 2 bath, 1,474 sqft, 3,125 sqft lot single_family.
Is 1016 Lombard Ave a flip candidate?
Yes — 1016 Lombard Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1016 Lombard Ave a tax-appeal candidate?
No — 1016 Lombard Ave 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
+0.6%
Implied 1-yr
+2.2%
2026 Q3
$455.9K
2026 Q4
$458.3K
ZIP 60302 — Median Price History + Forecast

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