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Property Description
A Rare Piece of Lombard History Offered for the First Time! Connected to the family of Sheldon Peck, one of Lombard's founding fathers, this stately five-bedroom, three-bath home is filled with history, character and remarkable potential. Set on an exceptional 1.08-acre property, the home is surrounded by expansive lawns, mature trees and established landscaping, creating a peaceful, private setting rarely found in Lombard. A three-car garage provides generous space for vehicles, storage or a workshop. The garage roof was replaced approximately five years ago, and the house roof is approximately eight to nine years old. The home requires repairs and updating, offering a special opportunity for someone with vision to thoughtfully restore, renovate and reimagine this distinctive property for its next chapter. Estate sale; home is being sold as-is. Professional photos coming soon...
Full Property Details
Full Property Details for 316 E Madison St
General
- Price: $750,000
- Taxes: $13,929 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12742490
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Yes, Detached, Garage
Location
- Area: Lombard
- County: DuPage
- Township: York
- Driving Directions: Myers Road To Madison, West To Property
School Information
- School District: 44
- Elem School District: 44
- Midd School District: 44
- High School District: 87
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Steam
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Farmhouse
- Architectural Style: Farmhouse
- Construction: Stucco
- Exterior Const.: Stucco
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 2,767
- Sq. Ft. Source: Assessor
- Year Built: 1914
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 1.08
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 304 x 196
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1914
- Tax Amount: $13,929
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 608323015
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Schools
Schools serving 316 E Madison St
School Districts:Lombard School District 44, Glenbard Township High School District 87
| Name | Grades | Distance |
|---|---|---|
Wm Hammerschmidt Elementary School 617 Hammerschmidt Avenue, Lombard, IL 60148 | PK-5 | 0.2 mi |
Glenn Westlake Middle School 1514 South Main Street, Lombard, IL 60148 | 6-8 | 1.6 mi |
Glenbard East High School 1014 South Main Street, Lombard, IL 60148 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 316 E Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,577
5%
$210,627
8%
2024
$13,929
7%
$195,279
12%
2022
$12,974
3%
$173,590
3%
2021
$12,566
2%
$169,270
2%
2020
$12,300
5%
$165,560
5%
2019
$11,680
-8%
$157,400
-4%
2018
$12,696
3%
$163,970
5%
2017
$12,336
3%
$156,250
6%
2016
$11,997
6%
$147,200
7%
2015
$11,331
31%
$137,130
31%
2014
$8,682
1%
$104,830
-1%
2013
$8,554
—
$106,310
-6%
2012
$8,527
—
$113,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 316 E Madison St
316 E Madison Street, Lombard, IL 60148 (MLS# 12742490) is a Single Family property with 5 bedrooms and 3 full bathrooms. 316 E Madison Street is currently listed for $750,000 and was received on August 26, 2026. Want to learn more about 316 E Madison Street? Do you have questions about finding other Single Family real estate for sale in Lombard? You can browse all Lombard real estate or contact a Coldwell Banker agent to request more information.

