Date
Details
Price
Change
Source
2/21/2026
Listed
$195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$195,000 Just Listed
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Property Description
Spacious 2-Bedroom, 2-Bath Condo - New Carpet, Move-In Ready with Prime Location! Welcome home to this beautifully maintained second-floor condo offering 2 generously sized bedrooms and 2 full bathrooms in a quiet, elevator building. This move-in ready unit combines comfort, convenience, and natural surroundings - perfect for homeowners and investors alike. The open-concept layout features a bright and expansive living room and dining area that seamlessly connects to a functional galley-style kitchen with new dishwasher, making everyday living and entertaining effortless. The primary suite serves as a private retreat with its own full bath and walk-in closet. The living room opens to a sunny balcony - ideal for morning coffee or evening relaxation. Additional highlights include in-unit laundry, abundant closet space, and a private storage unit in the basement. Enjoy year-round comfort with central heat and air conditioning. Parking is a breeze with two covered tandem spaces included. Situated adjacent to a scenic forest preserve, this location offers peaceful natural surroundings while still being incredibly accessible. Conveniently located near Harlem Avenue, Joliet Road, and I-55 for quick commuting - including easy access to downtown Chicago. Just under one mile to the Berwyn-Riverside Metra station at Harlem & 34th Street. Close to shopping, dining, and public transportation. This condo truly delivers comfort, convenience, and natural beauty all in one package.
Full Property Details
Full Property Details for 7316 40th St #2E
General
- Price: $195,000
- HOA FEE: $380/month
- Taxes: $50 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12572514
- Updated: Today (2/21/2026)
- Added to Site: Today
Interior
- Basement: None
- Interior Features: Elevator, Storage, Flexicore, Walk-In Closet(s), Dining Combo
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Carport, Tandem, Yes, Garage Owned, Attached, Garage
Location
- Area: Lyons
- County: Cook
- Township: Lyons
- Driving Directions: Harlem Ave. to 40th Str west to building
School Information
- School District: 103
- Elem School District: 103
- Midd School District: 103
- High School District: 201
Community
- Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 99lbs.
- Mgmt. Company: Independent Association Managers, Inc
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 2
- Stories/Levels: 4
- Square Feet: 1,000
- Sq. Ft. Source: Estimated
- Year Built: 2004
Unit Information
- Units in Building: 14
Lot Features
- Lot Dimensions: Common
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $380
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2004
- Tax Amount: $50
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 18012030471010
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 7316 40th St #2E
School Districts:Lyons School District 103, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
J W Robinson Jr Elementary School 4431 Gage Avenue, Lyons, IL 60534 | PK-5 | 0.8 mi |
George Washington Middle School 8101 Ogden Avenue, Lyons, IL 60534 | 6-8 | 0.9 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7316 40th St #2E
Tax History
Tax History for 7316 40th St #2E
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,779
44%
$15,801
73%
2022
$3,317
6%
$9,130
—
2021
$3,144
—
$9,130
—
2020
$3,159
34%
$9,130
50%
2019
$2,349
2%
$6,102
—
2018
$2,297
4%
$6,102
—
2017
$2,211
18%
$6,102
27%
2016
$1,874
2%
$4,815
—
2015
$1,833
122%
$4,815
—
2014
$825
-67%
$4,815
-52%
2013
$2,528
1%
$10,053
—
2012
$2,491
—
$10,053
—
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 7316 40th St #2E
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7316 40th Street #2E, Lyons, IL 60534 (MLS# 12572514) is a Condo property with 2 bedrooms and 2 full bathrooms. 7316 40th Street #2E is currently listed for $195,000 and was received on February 21, 2026. This property is listed by Joe Langley from our Oak Park Office.Want to learn more about 7316 40th Street #2E? Do you have questions about finding other Condo real estate for sale in Lyons? You can browse all Lyons real estate or contact a Coldwell Banker agent to request more information.