548 Prairie Avenue, Downers Grove, Illinois 60515


$600,000

For Sale
Status: Contingent
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built: 1927
Property Taxes: $9,625
Days On Market: 35
Lot Size: 0,19
Map
Street View

Description

Rare Downers Grove two flat offering immediate cash flow with both units currently leased, an investor's dream or a savvy owner occupant's entry into real estate. This well maintained property sits just steps from the Fairview Metra station, Hummer Park, and top rated schools. The main level unit delivers 1,129 square feet of above grade living space with 3 bedrooms and 1 full bath. Gorgeous floors flow throughout the open layout, highlighted by a charming arched doorway and abundant natural light. The updated kitchen features quartz countertops white cabinetry and stainless steel appliances including a gas range, dishwasher, and refrigerator. The remodeled bath showcases a marble style tiled tub surround and tile flooring. A showstopping enclosed front sunroom with wrap-around windows adds flexible living space. In-unit washer and dryer included. The basement provides excellent storage and additional utility. The second floor unit offers 886 square feet with 2 bedrooms and 1 full bath. The spacious living area features ceiling fans and great natural light. The kitchen includes quartz countertops, gas range, dishwasher, and stainless refrigerator. The updated bath features a modern vanity and luxury vinyl plank flooring. This unit features its own private entrance with in-unit washer and dryer. Each tenant pays their own electric, gas, heat, scavenger, sewer, and water. Five exterior parking spaces included. Don't miss this turnkey income property in one of Downers Grove's most walkable neighborhoods!

Property Specifics

Multi-unit
1927
No
0.19
— / —
12683140
0908213025

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Lester Elementary School
58
Middle School
Herrick Middle School
58 Not in DB
High School
North High School
99 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
14 Oct, 2022 Sold $442,000 MRED MLS
20 Sep, 2022 Under contract $449,900 MRED MLS
15 Aug, 2022 Listed for sale $449,900 MRED MLS
8 Jul, 2026 Under contract $600,000 MRED MLS
25 Jun, 2026 Listed for sale $600,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

8125
Not in DB

Tax History

Year Property Taxes
2022 $7,910
2026 $9,625

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Listing Provided By

Platinum Partners Realtors