523 Prairie Avenue, Downers Grove, Illinois 60515
$735,000
Sold
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Status: | Closed |
Sqft: | 0 |
Cost/Sqft: | — |
Beds: | 6 |
Baths: | 0 |
Year Built: | 1962 |
Property Taxes: | $6,527 |
Days On Market: | 1273 |
Lot Size: | 0,14 |
Description
Is it time to diversify your portfolio and own real estate? Stock Market and Crypto rollercoaster rides too much to stomach? Need to complete a 1031 Exchange? Rare income property investment opportunity for a Cash buyer! Rents not raised much in the last 8 years and are overdue for an increase! Update the units and get top dollar! Let the tenants pay for your property like the current owners have done for years! Tenants pay gas and electric for their units. Owner prorates water, and sewer bills amongst tenants. Owner pays common electric and scavenger costs. 3 blocks to Fairview train station. 6 blocks to Downers Grove Mainstreet business establishments.
Property Specifics
Multi-unit | |
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1962 | |
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No | |
0.14 |
Du Page | |
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11357930 | |
0908214016 |
Nearby Schools
NAME: | DISTRICT: | DISTANCE: | |
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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: |
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31 Aug, 2012 | Sold | $325,000 | MRED MLS |
1 Aug, 2012 | Under contract | $325,000 | MRED MLS |
17 Jul, 2012 | Listed for sale | $325,000 | MRED MLS |
15 Apr, 2022 | Sold | $735,000 | MRED MLS |
1 Apr, 2022 | Under contract | $699,900 | MRED MLS |
26 Mar, 2022 | Listed for sale | $699,900 | MRED MLS |




















Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
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50X125 | |
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Not in DB | |
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Tax History
Year | Property Taxes |
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2012 | $5,558 |
2022 | $6,527 |
Contact Agent
Nearby Sold Comparables
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Listing Provided By
Brulan Properties, Inc.