#12348336, Josie Morrison, Listing office: RE/MAX Action
540 W Madison St Lombard, IL 60148
Property details
About 540 W Madison St
Welcome to your serene escape nestled in unincorporated Lombard! This 3-bedroom, 2-bathroom ranch offers the perfect blend of comfort, space, and natural beauty on a generous 0.6-acre lot. Inside you will discover a sun-drenched interior featuring abundant natural light and a stunning bay window. The spacious living areas flow seamlessly into a cozy 3-season room-ideal for morning coffee or evening relaxation. The home boasts a full basement, offering endless possibilities for additional living space. Outside is a large deck perfect for entertaining, grilling, or simply enjoying the peaceful tree-lined backyard. Bright and airy layout with windows throughout. Expansive backyard with mature landscaping. Ample parking and storage options. Whether you're looking to invest, or find your forever home, this ranch offers comfort, privacy, and room to roam-all just minutes from shopping, dining, and major highways.
Highlights
(New)
Summary
- Full Bathrooms: 2
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Parking: On Site, Garage Owned, Detached, Garage
- Architectural Style: Ranch
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $350,000
- Price/SqFt: $142
- Annual Tax Amount: $2,452
- Tax Year: 2023
- Directions: South on 53, East on Madison
- Year Built: 1957
- Living Area: 2,455 SqFt
- Lot Size: 0.6 Acres
- MLS Number: 12384544
- MLS Name: MRED
- Office Name: Coldwell Banker Realty
- Office Phone: (847) 541-5000
- Office Email: thegrove@cbexchange.com
- Listing Agent: Kristi Fisher
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$350,000
540 W Madison St
$4,156
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $111,270 | $2,452 |
2022 | $106,960 | $2,784 |
2021 | $104,300 | $2,771 |
2020 | $102,010 | $2,780 |
2019 | $96,980 | $2,784 |
2018 | $86,200 | $6,015 |
2017 | $82,140 | $2,971 |
History based on county public records data.
Nearby schools
3
Madison Elementary School
Public District KG-5
0.5 mi
•150 W Madison St
4
Wm Hammerschmidt Elementary School
Public District KG-5
1.0 mi
•617 Hammerschmidt Ave
7
Benjamin Franklin Elementary School
Public District KG-5
1.2 mi
•350 Bryant Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,068. The most common annual income of people living in Lombard, IL is between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 540 W Madison St
The listing price of 540 W Madison St property is $350,000.
The property 540 W Madison St is a house located in Lombard, Illinois, 60148.
Active Listing: 540 W Madison St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 540 W Madison St are: Madison Elementary School (GreatSchools Rating 3/10), Wm Hammerschmidt Elementary School (GreatSchools Rating 4/10), Benjamin Franklin Elementary School (GreatSchools Rating 7/10), Glenn Westlake Middle School (GreatSchools Rating 4/10), Glen Crest Middle School (GreatSchools Rating 7/10), Jackson Middle School (GreatSchools Rating 3/10), Glenbard East High School (GreatSchools Rating 5/10), Glenbard West High School (GreatSchools Rating 8/10), Willowbrook High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,452 (source: MLS/based on county public records data).
The property at 540 W Madison St has 3 bedrooms and 2 bathrooms.
The property 540 W Madison St is 2,455 SqFt (source: MLS/tax record).
The year of construction for 540 W Madison St is 1957.
This home is located at 540 W Madison St in Lombard, IL and zip code 60148 in the Surges Farms Estates neighborhood. This 2,455 square foot home, which was built in 1957, sits on a 0.60 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $350,000.
While more than 42 listings in Lombard, IL in May 2025 were sold above asking price, there were more than 17 listings sold at asking price, and more than 26 were sold below. The number of homes for sale in Lombard, IL increased by 15.3% between April and May 2025. In May 2025, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $365,416.