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$215,000 Just Listed
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Property Description
Welcome to one of the largest units in this peaceful, secluded building, ideally located directly across from the forest preserves and miles of scenic walking trails. This spacious 2-bedroom, 2-full-bath condo offers comfort, natural light, and an exceptional location. The inviting primary suite features a private full bath, abundant natural sunlight, and a generous walk-in closet. Enjoy the convenience of IN-UNIT LAUNDRY, with the washer and dryer included, along with beautiful hardwood floors and a private balcony perfect for relaxing and enjoying the surroundings. Additional features and improvements include an ELEVATOR, secure building access, storage, a newer furnace (2018), newer washer/dryer (2022), and a new roof and tuckpointing completed in 2017. A rare TWO COVERED GARAGE PARKING SPACES, providing plenty of parking and added convenience. The building is rental-friendly, and commonly kept pets are welcome. Conveniently located near shopping, restaurants, expressways, and public transportation, this home offers the perfect combination of peaceful surroundings and easy access to everything you need. Refrigerator (2024), Dishwasher (2026), Stove & Microwave (2026), Washer/Dryer (2022), Water heater (2024). SOLD AS-IS.
Full Property Details
Full Property Details for 7316 40th St #4C
General
- Price: $215,000
- HOA FEE: $330/month
- Taxes: $5,509 (2025)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12742132
- Updated: Today (9/3/2026)
- Added to Site: Today
Interior
- Basement: None
- Interior Features: Elevator, Storage, Walk-In Closet(s), Open Floorplan
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Elevator in Residence, Storage, Park, Party Room, Security Door Lock(s), Private Laundry Hkup, Trail(s)
- Equipment: Intercom, Fire Sprinklers, Ceiling Fan(s)
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Carport, Yes, Garage Owned, Detached, Garage
Location
- Area: Lyons
- County: Cook
- Township: Lyons
- Driving Directions: Harlem to W Pershing to 40th.
School Information
- School District: 103
- Elem School District: 103
- Midd School District: 103
- High School District: 201
Community
- Assoc. Fees Include: Water, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK
- Mgmt. Company: Independent Association Managers, Inc.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 4
- Stories/Levels: 4
- Square Feet: 1,000
- Sq. Ft. Source: Estimated
- Year Built: 2003
Unit Information
- Units in Building: 14
Lot Features
- Lot Dimensions: CONDO
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $330
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2003
- Tax Amount: $5,509.26
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 18012030471007
Listed by Realty of America, LLC
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Schools
Schools serving 7316 40th St #4C
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 | 0.7 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7316 40th St #4C
Date
Details
Price
Change
Source
9/03/2026
Listed
$215,000
26.47%
MLS
5/03/2021
Sold
$170,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7316 40th St #4C
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
38%
$9,130
50%
2018
$2,297
-2%
$6,102
—
2019
$2,349
6%
$6,102
—
2017
$2,211
18%
$6,102
27%
2016
$1,874
2%
$4,815
—
2015
$1,833
4%
$4,815
—
2014
$1,769
-48%
$4,815
-52%
2013
$3,423
3%
$10,053
—
2012
$3,314
—
$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 #4C
7316 40th Street #4C, Lyons, IL 60534 (MLS# 12742132) is a Condo property with 2 bedrooms and 2 full bathrooms. 7316 40th Street #4C is currently listed for $215,000 and was received on September 03, 2026. Want to learn more about 7316 40th Street #4C? 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.

