For sale Home

Listed Aug 26, 2026

$750,000 Est. $4,961/mo

316 East Madison Street

  • 5

    Beds

  • 3

    Baths

  • 2,767

    Sq ft

The story

  • Basement

A Rare Piece of Lombard History Offered for the First Time! Connected to the family of Sheldon Peck, one of Lombard's founding fathers, this stately five-bedroom, three-bath home is filled with history, character and remarkable potential. Set on an exceptional 1.08-acre property, the home is surrounded by expansive lawns, mature trees and established landscaping, creating a peaceful, private setting rarely found in Lombard. A three-car garage provides generous space for vehicles, storage or a workshop. The garage roof was replaced approximately five years ago, and the house roof is approximately eight to nine years old. The home requires repairs and updating, offering a special opportunity for someone with vision to thoughtfully restore, renovate and reimagine this distinctive property for its next chapter. Estate sale; home is being sold as-is. Professional photos coming soon...

Facts & features

Home type

Home

Year built

1914

Lot size

1 acres

Price per sq ft

$271

Parking

3-car garage

Included features

  • Basement

    Yes

  • Cooling

    Window Unit(s)

  • Heating

    Steam

  • Water Source

    Lake Michigan

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,961 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,992
  • Property tax $750
  • Insurance $219

Includes principal, interest, taxes & insurance.

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Listing Broker

Platinum Partners Realtors

Broker Name

Platinum Partners Realtors

Agent

Diane Coyle