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  3. Wheaton, IL
  4. /
  5. 1240 S Lorraine Rd
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1240 S Lorraine Rd

1240 Lorraine Rd, Wheaton, IL, 60189

YEAR BUILT

1974

# STORIES

3

# TOTAL UNITS

11

UNIT SIZE RANGE

845-1,050 sqft

Description

The building at 1240 S Lorraine Rd sits in Wheaton, IL, surrounded by local parks and schools. This low-rise property has 3 stories and includes 11 units. It was built in 1974 and features a blend of modern comfort with classic charm. Units range in size from 845 to 1,050 square feet. Both one and two-bedroom apartments are offered. Sales prices fall between $151,000 and $185,000. Averaging $178 per square foot, the prices reflect recent sales trends in the area. Average days on market here is just 25. This means buyers can find a home, settle in, and enjoy the neighborhood quickly. The building also has shared amenities like assigned parking, balconies, and a bike storage area, making it user-friendly. Living here connects residents to outdoor spaces. President's Park is right nearby, which is great for walks or picnics. The area also offers a variety of shopping, dining, and entertainment options. Local schools add to the family-friendly vibe with places like Edison Middle School and Lincoln Elementary close by. The building boasts updated kitchens and spacious living areas. Residents can enjoy contemporary finishes within each unit. Additionally, a coin-operated laundry saves trips to the laundromat. The location provides easy access to major roads, making commuting straightforward for work or leisure.

Building ImageMLS ID #12106537
Building ImageMLS ID #12516152
Building Image
Building ImageView Listing

1240 S Lorraine Rd

1240 Lorraine Rd, Wheaton, IL, 60189

YEAR BUILT

1974

# STORIES

3

# TOTAL UNITS

11

UNIT SIZE RANGE

845-1,050 sqft

Description

The building at 1240 S Lorraine Rd sits in Wheaton, IL, surrounded by local parks and schools. This low-rise property has 3 stories and includes 11 units. It was built in 1974 and features a blend of modern comfort with classic charm. Units range in size from 845 to 1,050 square feet. Both one and two-bedroom apartments are offered. Sales prices fall between $151,000 and $185,000. Averaging $178 per square foot, the prices reflect recent sales trends in the area. Average days on market here is just 25. This means buyers can find a home, settle in, and enjoy the neighborhood quickly. The building also has shared amenities like assigned parking, balconies, and a bike storage area, making it user-friendly. Living here connects residents to outdoor spaces. President's Park is right nearby, which is great for walks or picnics. The area also offers a variety of shopping, dining, and entertainment options. Local schools add to the family-friendly vibe with places like Edison Middle School and Lincoln Elementary close by. The building boasts updated kitchens and spacious living areas. Residents can enjoy contemporary finishes within each unit. Additionally, a coin-operated laundry saves trips to the laundromat. The location provides easy access to major roads, making commuting straightforward for work or leisure.

Next

Description

The building at 1240 S Lorraine Rd sits in Wheaton, IL, surrounded by local parks and schools. This low-rise property has 3 stories and includes 11 units. It was built in 1974 and features a blend of modern comfort with classic charm. Units range in size from 845 to 1,050 square feet. Both one and two-bedroom apartments are offered. Sales prices fall between $151,000 and $185,000. Averaging $178 per square foot, the prices reflect recent sales trends in the area. Average days on market here is just 25. This means buyers can find a home, settle in, and enjoy the neighborhood quickly. The building also has shared amenities like assigned parking, balconies, and a bike storage area, making it user-friendly. Living here connects residents to outdoor spaces. President's Park is right nearby, which is great for walks or picnics. The area also offers a variety of shopping, dining, and entertainment options. Local schools add to the family-friendly vibe with places like Edison Middle School and Lincoln Elementary close by. The building boasts updated kitchens and spacious living areas. Residents can enjoy contemporary finishes within each unit. Additionally, a coin-operated laundry saves trips to the laundromat. The location provides easy access to major roads, making commuting straightforward for work or leisure.

1240 S Lorraine Rd Market Stats Last 12 months

Avg. Listed Price$173,300($178/Sqft.)

Avg. Sale Price$168,000($178/Sqft.)
Year over year list priceUp Arrow4.78%

Year over year sale priceDown Arrow 1.15%
Total Listings3 Listed

Total sold2 Sold
Average Days on Market25 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceUp Arrow4.78%

Year over year sale priceDown Arrow1.15%
Total Listings3 Listed

Total sold2 Sold
Average Days on Market25 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

1240 S Lorraine Rd Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 2b2b105021302025-12-12
MLS#: 12516152
Closed$185,000
Unit 2D2D10502122025-10-27
MLS#: 12481061
Closed$185,000
Unit 2D2D105021352024-08-15
MLS#: 12106537
Closed$162,900
Unit 2b
2b

2 Beds

1 Baths

1050 sqft


DateStatusPrice
2025-12-12Closed$185,000
MLS#: 12516152
Days On Market30
Unit 2D
2D

2 Beds

1 Baths

1050 sqft


DateStatusPrice
2025-10-27Closed$185,000
MLS#: 12481061
Days On Market2
Unit 2D
2D

2 Beds

1 Baths

1050 sqft


DateStatusPrice
2024-08-15Closed$162,900
MLS#: 12106537
Days On Market35
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the standout features of this building is its array of amenities designed to enhance your living experience. An intercom system provides security and convenience, while a dedicated bike room and nearby bike trails cater to active lifestyles. If you enjoy spending time outdoors, you'll appreciate the nearby park, perfect for leisurely strolls or picnics with friends. These thoughtfully included amenities help create a well-rounded living environment that appeals to young homeowners.

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Amenities Description

One of the standout features of this building is its array of amenities designed to enhance your living experience. An intercom system provides security and convenience, while a dedicated bike room and nearby bike trails cater to active lifestyles. If you enjoy spending time outdoors, you'll appreciate the nearby park, perfect for leisurely strolls or picnics with friends. These thoughtfully included amenities help create a well-rounded living environment that appeals to young homeowners.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Patio

Patio

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Balcony

Balcony

Policies

Understanding building policies is essential for prospective buyers, and at 1240 S Lorraine Rd, you’ll find a welcoming approach when it comes to pets; both cats and dogs are allowed, making it an exciting option for animal lovers. It's worth noting that there are some limits on the number of pets per household, helping to maintain a harmonious living space for everyone.

Next

Amenities Description

Understanding building policies is essential for prospective buyers, and at 1240 S Lorraine Rd, you’ll find a welcoming approach when it comes to pets; both cats and dogs are allowed, making it an exciting option for animal lovers. It's worth noting that there are some limits on the number of pets per household, helping to maintain a harmonious living space for everyone.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
1240 S Lorraine Rd$178/sqft.$3 /sqft.
Lorraine Court Condos$178/sqft.$3 /sqft.
Lorraine Court Condos$167/sqft.$4 /sqft.
1220 S Lorraine Rd$174/sqft.$3 /sqft.
850 S Lorraine$196/sqft.$3 /sqft.
850 S Lorraine Rd Unit 1g$191/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to 1240 S Lorraine Rd.

Carriers of Light

--
Private|Grades PK–6
1607A Taft Ave|0.46 miles away

Lincoln Elementary School

B-
Public|Grades KG–5
630 Dawes Ave|0.96 miles away

Lowell Elementary School

B
Public|Grades KG–5
312 S President St|1.11 miles away

Abraham Lincoln Elementary School

B+
Public|Grades KG–5
380 Greenfield Ave|1.39 miles away

Park View Elementary School

A+
Public|Grades KG–5
250 S Park Blvd|1.4 miles away

Briar Glen Elementary School

C
Public|Grades PK–5
1800 Briarcliffe B...|1.49 miles away
Next

Schools

Carriers of Light

--
Private|Grades PK–6
1607A Taft Ave|Less than 1 Mile Away

Lincoln Elementary School

B-
Public|Grades KG–5
630 Dawes Ave|Less than 1 Mile Away

Lowell Elementary School

B
Public|Grades KG–5
312 S President St|1.11 Miles Away

Abraham Lincoln Elementary School

B+
Public|Grades KG–5
380 Greenfield Ave|1.39 Miles Away

Park View Elementary School

A+
Public|Grades KG–5
250 S Park Blvd|1.40 Miles Away

Briar Glen Elementary School

C
Public|Grades PK–5
1800 Briarcliffe B...|1.49 Miles Away

St James the Apostle School

--
Private|Grades PK–8
490 S Park Blvd|1.55 Miles Away

Whittier Elementary School

B+
Public|Grades KG–5
218 W Park Ave|1.82 Miles Away

Edison Middle School

B
Public|Grades 6–8
1125 S Wheaton Ave|1.83 Miles Away

Glen Crest Middle School

B
Public|Grades 6–8
725 Sheehan Ave|1.85 Miles Away

Treland Academy

--
Private|Grades 6–11
1776B S Naperville...|2.04 Miles Away

Clare Woods Academy

--
Private|Grades UG–UG
125 E Seminary Ave|2.07 Miles Away

Franklin Middle School

B+
Public|Grades 6–8
211 E Franklin St|2.12 Miles Away

St Petronille School

--
Private|Grades KG–8
425 Prospect Ave|2.15 Miles Away

Glenbard South High School

B+
Public|Grades 9–12
23W200 Butterfield...|2.20 Miles Away

Longfellow Elementary School

B-
Public|Grades KG–5
311 W Seminary Ave|2.36 Miles Away

Diamante Montessori School

--
Private|Grades PK–KG
625 Hillside Ave|2.38 Miles Away

Hadley Junior High School

A
Public|Grades 6–8
240 Hawthorne Blvd|2.62 Miles Away

Benjamin Franklin Elementary School

A-
Public|Grades KG–5
350 Bryant Ave|2.66 Miles Away

Hawthorne Elementary School

A-
Public|Grades KG–5
334 Wakeman Ave|2.66 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

1321 Lorraine Rd

0.12 miles away|3 min walk

1320 S Lorraine Rd

0.12 miles away|3 min walk

22nd St & Briarcliffe Blvd

0.86 miles away|17 min walk

22nd St & College of DuPage West

0.87 miles away|17 min walk

22nd St & Lambert Rd

0.92 miles away|18 min walk

Lambert/Fawell

0.93 miles away|18 min walk
Next

Transit

1321 Lorraine Rd

0.12 miles away|3 min walk

1320 S Lorraine Rd

0.12 miles away|3 min walk

22nd St & Briarcliffe Blvd

0.86 miles away|17 min walk

22nd St & College of DuPage West

0.87 miles away|17 min walk

22nd St & Lambert Rd

0.92 miles away|18 min walk

Lambert/Fawell

0.93 miles away|18 min walk

Fawell Blvd & Lambert Rd

0.94 miles away|18 min walk

22nd St & Southampton Ct/Heritage Lakes Dr

0.99 miles away|19 min walk

22nd St & Heritage Lakes Dr/Southampton Ct

1.01 miles away|20 min walk

Lambert/Tallgrass

1.11 miles away|22 min walk

Blanchard St & 22nd St

1.15 miles away|23 min walk

College of DuPage Student Center

1.16 miles away|23 min walk

Blanchard St & Heritage Lakes Dr

1.19 miles away|23 min walk

Fawell/Greenbriar

1.26 miles away|25 min walk

College of DuPage Instructional Center

1.28 miles away|25 min walk

Blanchard St & Casa Solana Dr

1.41 miles away|27 min walk

Crescent St & President St

1.41 miles away|28 min walk

Lambert/College Rd.

1.43 miles away|28 min walk

College Ave

1.46 miles away|28 min walk

Crescent St & Chase St

1.5 miles away|29 min walk

Lambert/Woodcroft

1.6 miles away|31 min walk

Blanchard St & Hawkins Cir

1.6 miles away|31 min walk

Fawell/Park

1.66 miles away|32 min walk

Crescent St & Washington St

1.66 miles away|32 min walk

Cross St & Liberty Dr

1.83 miles away|36 min walk

Lambert/Windsor

1.86 miles away|36 min walk

1777 S Blanchard Rd

1.98 miles away|38 min walk

751 Roosevelt Rd

1.99 miles away|39 min walk

1768 Blanchard St

2 miles away|39 min walk

Liberty Dr & Hale St

2.01 miles away|39 min walk

Front St & Hale St

2.02 miles away|39 min walk

Lambert/Foxcroft

2.13 miles away|41 min walk

Butterfield/Lambert

2.2 miles away|43 min walk

Lambert/Butterfield

2.23 miles away|43 min walk

200 E Loop Rd

2.25 miles away|44 min walk

55 E Loop Rd

2.26 miles away|44 min walk

201 E Loop Rd

2.27 miles away|44 min walk

90 E Loop Rd

2.3 miles away|45 min walk

Butterfield/Raider Ln.

2.32 miles away|45 min walk

East Loop Rd & Naperville Rd

2.36 miles away|46 min walk

East Loop Rd & Rice Lake Square (301 Loop Rd)

2.38 miles away|46 min walk

Butterfield/Park

2.41 miles away|47 min walk

300 E Loop Rd

2.41 miles away|47 min walk

Crescent/Forest/Glen Ellyn Metra

2.46 miles away|48 min walk

Glen Ellyn

2.47 miles away|48 min walk

Forest/Pennsylvania

2.53 miles away|49 min walk

Crescent/Park

2.55 miles away|49 min walk

Liberty Dr & Bridge St

2.58 miles away|50 min walk

Liberty & Bridge St

2.6 miles away|50 min walk

Butterfield/Arboretum

2.68 miles away|52 min walk

The Neighbourhood: 1240 S Lorraine Rd

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1240 S Lorraine Rd Demographics

Age Demographics

0–14 Years

20.07%

15–29 Years

19.78%

30–44 Years

19.18%

45–59 Years

18.94%

60+ Years

22.02%

Commute

7.21%

Transit

1.57%

Walk

76.91%

Drive

0.22%

Bike

Housing Ownership

76.22%

Owner Occupied

23.78%

Rental Units

Household Types

Single Family
31.26%
Multi Family
9.29%
Single Person
25.14%
Multi Person
74.86%

Average Income

Household:$10,585,241.39 /yr

Individual:$4,877,381.91 /yr

Education

Bachelors Degree35.42%
High School College11.51%
Diploma9.54%
Post Graduate23.51%
Others20.03%
Next

Education

Diploma9.54%
Post Graduate23.51%
Others20.03%
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  2. /Wheaton, IL
  3. /
    1240 S Lorraine Rd
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