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$389,500

For Sale - Active
1760 Lombard Ct, Glendale Heights, IL 60139
2 Beds
2 Baths
1,821 Square Feet
0.00 Acres Lot
Built in 1976
For Sale - Active
Units n/a
Checked: 18 hours ago
Updated: Sep 05, 2025 at 10:15AM

Investment Summary


Monthly Cash Flow
-$614
Cap Rate
3.8%
Cash-on-Cash Return
-8.2%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-4.0%

Property Description


0.00 Acres Lot
Built in 1976
For Sale - Active
Units n/a

Tucked away on a quiet cul-de-sac just steps from Pleasant Ridge Elementary, this beautifully updated and move-in ready ranch offers the perfect blend of modern comfort and timeless charm. Step inside to a bright, open floor plan featuring a stylish kitchen with stainless steel appliances, custom maple cabinetry, a cheerful greenhouse window, and a convenient breakfast bar ideal for everyday living and entertaining. The spacious living and dining areas flow effortlessly onto a large deck and fully fenced backyard, creating a perfect setting for gatherings or relaxing outdoors. All windows have been replaced with newer, energy-efficient models, bringing in abundant natural light throughout. A versatile family room off the garage complete with built-in shelving provides excellent storage and can easily be reconverted into a third main-level bedroom, offering flexible living space to meet your needs. The primary bedroom boasts generous closet space and soft carpeting, while a second bedroom is conveniently located across from the updated full bath. The finished basement offers exceptional bonus space with a large family room, brand-new egress window, a newly added half bath, a spacious utility area, and a dedicated workshop. Major system upgrades include a dual battery backup sump pump system, overhead sewer, new electrical panel, high-efficiency washer and dryer, furnace, central A/C, newer roof, garage door, privacy fence, and enhanced exterior lighting ensuring peace of mind and long-term reliability. Ideally situated near parks, schools, shopping, dining, and public transportation, this home offers unmatched comfort, functionality, and a fantastic location. Schedule your showing today and experience all this home has to offer!

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Location


Property Details


Parking

  • Description: Attached Garage
  • Details: On Site, Attached, Garage
  • Garage Spaces: 1
  • Spaces Total: 1

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 0
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 7
  • Basement: Yes
  • Basement Description: Finished, Full

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 0227311062
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1976

Tax Information

  • Annual Tax: $6,774

Utilities

  • Water & Sewer: Public
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Location

  • County: Du Page

Listing Details


Listed by:
Elizabeth Lopez
PAK Home Realty
(773) 710-7881

Source:
Midwest Real Estate Data (MRED)
MLS#: 12444394
Midwest Real Estate Data (MRED)

Investment Summary


Monthly Cash Flow
-$614
Cap Rate
3.8%
Cash-on-Cash Return
-8.2%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-4.0%

Purchase Details

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Purchase price:
$389,500
Amount financed:
-$311,600
Down payment:
$77,900
Closing costs:
$11,685
Rehab costs:
$0
Initial cash invested:
$89,585
Square feet:
1,821
Cost per square foot:
$214
Monthly rent per square foot:
$1.43

Financing Details

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Loan amount:
$311,600
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,843
Property tax:
$565
Insurance:
$182
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,590

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,600 $31,200
Vacancy loss: (6%)
6% -$156 -$1,872
Operating income:
$2,444 $29,328

Operating Expenses


% Rent Monthly Yearly
Property taxes: (22%)
22%-$565-$6,774
Insurance: (7%)
7%-$182-$2,184
Property management: (8%)
8%-$208-$2,496
Repairs & maintenance: (5%)
5%-$130-$1,560
Capital expenditures: (5%)
5%-$130-$1,560
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (47%)
47%-$1,215-$14,574

Cash Flow


Monthly Yearly
Net operating income:
$1,229 $14,748
Mortgage payments:
-$1,843 -$22,116
Cash flow:
$614 $7,368