5008 Florence Avenue, Downers Grove, Illinois 60515


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$378,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 0
Year Built: 1957
Property Taxes: $8,018
Days On Market: 2352
Lot Size: 0,18
Map
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Description

Location, Location, Location! Attention buyers looking for owner occupied investment properties, builders and investors. This profitable 3 unit rental property is located just 2 blocks from the BNSF train station at Fairview in beautiful Downers Grove. Built as a 2 flat with a legal 1 bedroom addition, this property has loads of potential with solid masonry construction and great bones. Upper level unit is 3 bed, 1 bath, spacious kitchen, hardwood floors (also under carpet), and dual vanity bath. Lower level is 2 bed 1 bath. Addition is 1 bed/1 bath. All 3 units have heat included in rent via baseboard heaters/boiler. 2 Car Garage is oversized and allows lots of storage. 5 parking spots as is but 1 more could be added. Roof is approx 6 years old, masonry/tuck pointing is in great shape, all floors are solid and level (no sloping floors!), no uneven walls or cracks in ceiling. Great neighborhood, schools, shopping, commuting, easy access to highways. What more do you need? Keep as a rental or convert to single family home and keep 1BD as an in-law suite or rental to help pay the mortgage. See broker private remarks for additional details.

Property Specifics

Multi-unit
Traditional
1957
None
No
0.18
Du Page
— / —
Lake Michigan
Public Sewer
10542181
0909110014

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:
28 Oct, 2020 Sold $378,000 MRED MLS
10 Sep, 2020 Under contract $405,000 MRED MLS
Last price change $424,000 MRED MLS
8 Oct, 2019 Listed for sale $439,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
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: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: None
Basement Description: None

Other Specifics

2
Patio
70X140
Not in DB

Tax History

Year Property Taxes
2020 $8,018

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Listing Provided By

Platinum Partners Realtors