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$199,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 1,050 Sq. Ft.
  • Updated 5 hours ago
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Sunny, updated condo with a remodeled kitchen featuring new stainless steel appliances with a new dishwasher added, granite countertops, breakfast bar, and pantry. New LVP flooring and an oversized living room with sliders leading to a top floor balcony make this home feel bright and spacious. Both bedrooms are generously sized, including a primary with dual closets. The bathroom offers a double vanity with granite counters. HOA covers heat, water, and all exterior and common area maintenance. Recent updates include a new roof, railings and balconies, asphalt parking lot, and refreshed common areas. Ideally located near College of DuPage, parks, schools, bus routes, and Metra, right next to Presidents Park. Investor friendly!

Full Property Details for 1240 S Lorraine Rd #3B

General

  • Price: $199,000
  • HOA FEE: $423/month
  • Taxes: $2,472 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12608417
  • Updated: Today (4/15/2026)
  • Added to Site: Today

Rental Information

  • Complex Features: Park

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Park
  • Other Features: Commuter Bus

Exterior

  • Exterior Features: Balcony

Parking

  • Total Spaces: 1
  • Parking Features: Assigned, Guest, Yes, Other

Location

  • Area: Wheaton
  • County: DuPage
  • Township: Milton
  • Driving Directions: 1.5 MILES WEST OF I355, FEW BLOCKS SOUTH OF ROOSEVELT

School Information

  • School District: 200
  • Elem School District: 200
  • Midd School District: 200
  • High School District: 200
  • Elementary School: Lincoln Elementary School
  • Middle School: Edison Middle School
  • High School: Wheaton Warrenville South H S
  • Private School: Wheaton Warrenville South H S

Community

  • Assoc. Fees Include: Heat, Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK
  • Pet Restrictions: Cats OK
  • Mgmt. Company: MC Property Management

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Radiant

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick, Stone
  • Exterior Const.: Brick, Stone
  • Basement Desc.: None
  • Roof: Asphalt
  • Entry Floor Number: 3
  • Stories/Levels: 3
  • Square Feet: 1,050
  • Sq. Ft. Source: Assessor
  • Year Built: 1975
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 12

Lot Features

  • Lot Dimensions: COMMON
  • Lot Features: Common Grounds, Landscaped

Animals

  • Animals Allowed: Cats OK

Financial Considerations

  • Association Fee: $423
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1975
  • Tax Amount: $2,472
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 522132032

Listed by Compass

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— 1240 S Lorraine Rd #3B —

  • Compass

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1240 S Lorraine Rd #3B

School District:Community Unit School District 200
NameGradesDistance
Lincoln Elementary School, Wheaton, IL
630 Dawes Avenue, Wheaton, IL 60189
K-50.7 mi
Edison Middle School, Wheaton, IL
1125 South Wheaton Avenue, Wheaton, IL 60189
6-81.4 mi
Wheaton Warrenville South High School
1920 Wiesbrook Road South, Wheaton, IL 60189
9-123.6 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 1240 S Lorraine Rd #3B Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/15/2026
Listed
$199,000
12.43%
MLS
1/05/2024
Sold
$177,000
—
Public Record
Get Price Alerts and Save Property
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 for 1240 S Lorraine Rd #3B

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,472
7%
$46,357
39%
2022
$2,315
—
$33,430
2%
2021
$2,309
—
$32,630
1%
2020
$2,303
2%
$32,320
3%
2019
$2,252
14%
$31,460
15%
2018
$1,983
35%
$27,380
12%
2017
$1,468
1%
$24,420
4%
2016
$1,452
1%
$23,450
5%
2015
$1,444
-51%
$22,370
-38%
2014
$2,923
3%
$36,050
—
2013
$2,848
3%
$36,160
-4%
2012
$2,775
—
$37,710
—
View All
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 for 1240 S Lorraine Rd #3B

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1240 S Lorraine Road #3B, Wheaton, IL 60189 (MLS# 12608417) is a Condo property with 2 bedrooms and 1 full bathroom. 1240 S Lorraine Road #3B is currently listed for $199,000 and was received on April 15, 2026. Want to learn more about 1240 S Lorraine Road #3B? Do you have questions about finding other Condo real estate for sale in Wheaton? You can browse all Wheaton real estate or contact a Coldwell Banker agent to request more information.

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