- List Price $450,000
- Price / Unit $225,000
- Property Type Two – Four Unit
- Units 2
- Current Rents $36,288
- Pro Forma Rents $43,200
- In Place NOI $21,482
- Projected NOI $28,048
- Target CAP Rate 4.8%
- Market CAP Rate 6.5%
- Today's Market Value $470,000
- Value w/Market Rents $500,000
*Today’s Market Value & Value w/Market Rents is a theoretical value calculation derived by NOI and CAP rate. It does not take any other property factors into account.
- 4
- 2
- 8276
- 1976
- 100%
- 4
- 1
- Forced Air
- Central Air
- In Unit, Free
4
2
8276
- 1976
- 100%
- 4
- 1
- Forced Air
- Forced Air
- In Unit, Free
About the property
Welcome to 230 Troy Lane in Lombard! A rare opportunity to own a well-maintained, income-generating 2-unit property in a highly desirable suburban location. Each unit offers a comfortable 2-bedroom, 1-bathroom layout, along with separate gas and electric meters, plus individual water billing, allowing tenants to cover their own utilities. Both units are equipped with independent HVAC systems for added convenience and efficiency. Vinyl windows were updated just seven years ago, contributing to the property’s overall low-maintenance appeal. With strong rental potential and thoughtful improvements already in place, this versatile property is perfect for investors looking to expand their portfolio or owner-occupants seeking the option to live in one unit while renting out the other.
About the neighbourhood
- Located in the heart of DuPage County, Lombard—affectionately known as “The Lilac Village”—offers a vibrant blend of suburban charm, convenience, and community spirit. Residents enjoy a walkable downtown filled with local shops, dining, and seasonal events, including the beloved Lilac Festival and summer concerts in the park. Commuters benefit from easy access to the Metra Union Pacific West Line and major expressways like I-355, I-88, and I-290, making travel to downtown Chicago and the surrounding suburbs a breeze. Just minutes away, Yorktown Center and Oakbrook Center offer premier shopping and dining experiences. Families are drawn to the area for its well-rated schools in District 44 and Glenbard East High School, as well as an award-winning park district with over 450 acres of parks, trails, and recreational facilities. Outdoor enthusiasts will appreciate nearby spots like the Illinois Prairie Path, Madison Meadow Park, and Paradise Bay Water Park. With top-tier healthcare facilities, excellent local services, and a strong sense of community, Lombard is a place where convenience meets quality of life.
Municipality - Investor Guide
Lombard
| Transfer Stamps | Pre Sale Inspection | Yearly Rental Inspection | |
|---|---|---|---|
| Buyer: N/A | Cost: - | Required: No | Required: Varies |
| Seller: N/A | Cost: - | Cost: $0 | Cost: Varies |
For a list of all Municipality requirements visit our Municipality Requirements Page
Property Documents
Property Financials
View current and future return metrics based on customizable inputs. "Annual Net Income", "Monthly Cash Flow", "Cash on Cash Return", "Equity Value", and "Equity Multiple" are based off of the "Year 2 Pro Forma" column inputs.
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Mortgage Calculator
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Utility Table
Total Yearly Utitlity Cost: $480.00
*This Utility Table does not include snow removal or lawn care costs, if any. For more details on snow/lawn expenses, see the "Expenses" attachment located under the "Property Documents" section.
Property Taxes
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Walkscore
Nearby
- Arts & Entertainment
-
Freedom Christian Families Academy (0.36 mi)
-
Hanker Personalized Products (0.64 mi)
-
Essense Nails (0.64 mi)
- Education
-
Freedom Christian Families Academy (0.36 mi)
-
Schools Public (0.35 mi)
-
Glenbard Transition (0.7 mi)
- Food
-
Lily's Cafe (0.65 mi)
-
7-Eleven (0.65 mi)
-
Burger King (0.69 mi)
- Health & Medical
-
Huslig Eldon DC (0.23 mi)
-
JL Enterprises (0.43 mi)
-
Humana (0.54 mi)
Contact Information
- List Price $450,000
- Property Type Two – Four Unit
- Current Rents $36,288
- In Place NOI $21,482
- Target CAP Rate 4.8%
- Today's Market Value $470,000
- Price / Unit $225,000
- Units 2
- Pro Forma Rents $43,200
- Projected NOI $28,048
- Market CAP Rate 6.5%
- Value w/Market Rents $500,000
*Today’s Market Value & Value w/Market Rents is a theoretical value calculation derived by NOI and CAP rate. It does not take any other property factors into account.
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