$480,000
SOLD AUG 12, 2025

4716 Main St Downers Grove, IL 60515

4 Beds
2 Baths
-- Sq Ft
1917 Built

Recently Sold

4% Below List Price

5 Days on Market

Highlights

  • Deck
  • Zoned Heating
  • Paved or Partially Paved Lot
  • Pierce Downer Elementary School Rated A-
  • Ceiling Fan

About This Home

As of August 2025

PRIME DOWNERS GROVE INVESTMENT OPPORTUNITY! This exceptional 2-unit building offers outstanding rental potential with move-in-ready units, each featuring 2 bedrooms and 1 bathroom with thoughtfully designed layouts that include dedicated dining spaces, comfortable living rooms, spacious full bathrooms, and generously sized bedrooms! Convenient in-unit laundry for both units: 1st floor unit located off the kitchen and 2nd floor unit has basement access to laundry room. The property includes comforts such as ceiling fans throughout, multiple window AC units, solid surface flooring, and plenty of room for parking with 4 dedicated spaces. This is all situated in a prime location just steps from Downtown Downers Grove's vibrant dining, shopping, and entertainment scene. Located within the award-winning Pierce Downer Elementary district and easy access to Metra, I-355, and I-88. Just minutes to outdoor recreation at Maple Grove Forest Preserve, Doerhoefer Park, and Washington Park! Property has been well maintained: recent capital improvements include: fresh exterior paint, new exterior fixtures including lights, mailbox, and painted handrails, newer roof, vinyl tilt-in double pane windows, and a 200-amp electrical panel. This turnkey investment is ready for immediate rental opportunity or perfect for the owner occupant looking to offset their cost of living! Don't miss this rare opportunity to own a well-maintained 2-flat in one of Downers Grove's most desirable locations - schedule your private showing today!

Last Agent to Sell the Property

Sabrina Glover

Platinum Partners Realtors License #475168174 Listed on: 07/10/2025

Platinum Partners Realtors

Last Buyer's Agent

Brian Anderson

Keller Williams Infinity License #475175483

Keller Williams Infinity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,503

Year Built

  • Built in 1917

Home Design

  • Stone Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Parking Spaces
  • Parking Included in Price

Schools

  • Pierce Downer Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Zoned Heating
  • Radiator
  • Heating System Uses Natural Gas

Additional Features

  • Ceiling Fan
  • Deck
  • Paved or Partially Paved Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,503

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher

Exterior Features

  • Construction Materials: Cedar, Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s), Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Pierce Downer Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School

Lot Info

  • Lot Dimensions: 7088
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7503.22
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2025
Closed on
Aug 7, 2025
Sold by
Basgall Alan F
Bought by
Harkness Samantha
Seller's Agent
Sabrina Glover
Platinum Partners Realtors
Buyer's Agent
Brian Anderson
Keller Williams Infinity
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%
Views
25
Current Estimated Value
$490,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,741
Avg. Annual Appreciation
6.53%
Original Mortgage
$408,000
Outstanding Balance
$407,206
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$83,535

Purchase Details

Closed on
Jun 25, 1997
Sold by
Dressler Nancy J and Dressler Herbert R
Bought by
Basgall Alan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 Advocus National Title Insuran
Warranty Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 Sold $480,000 -4.0% --
07/15/2025 07/15/25 Pending -- -- --
07/10/2025 07/10/25 For Sale $500,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,503 $131,058 $54,934 $76,124
2023 $7,162 $120,480 $50,500 $69,980
2022 $6,714 $114,080 $47,820 $66,260
2021 $5,990 $112,790 $47,280 $65,510
2020 $6,176 $110,550 $46,340 $64,210
2019 $5,990 $106,070 $44,460 $61,610
2018 $5,728 $100,220 $44,220 $56,000
2017 $5,556 $96,440 $42,550 $53,890
2016 $5,459 $92,040 $40,610 $51,430
2015 $5,416 $86,600 $38,210 $48,390
2014 $5,038 $78,160 $33,770 $44,390
2013 $4,937 $77,790 $33,610 $44,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12373275

Midwest Real Estate Data (MRED)

APN: 09-08-102-017