$230,000

4946 Douglas Rd Unit 202 Downers Grove, IL 60515

Estimated payment $1,724/month

Total Views 4,953
1 Bed
1 Bath
900 Sq Ft
$256 Price per Sq Ft

Highlights

  • Lock-and-Leave Community
  • Corner Lot
  • Resident Manager or Management On Site
  • Lester Elementary School Rated A-
  • Living Room
  • Laundry Room

About This Home

Not just the perfect living place, but also a great investment! as this Move in Ready 2nd floor home has been fully Remodeled for you! It's a Super sharp one-bedroom condo located near the downtown area and one block to the train station! Gorgeous vinyl plank flooring throughout. The Kitchen was remodeled with white cabinets, and an island, and all NEW appliances. There's space for an eating table! The Remodeled bathroom has new tile flooring. Large master bedroom and super spacious living room. Baseboard is radiant heat and included in your low HOA fee. One car garage included and 1 reserved parking space, as well as storage locker! Balcony overlooks the courtyard and is the perfect place for relaxing or morning coffee. All utilities are included in the HOA except for electric, which makes this a great affordable place. As well as very reasonable property taxes. No homeowner exemption currently, so your taxes could be even lower! Downtown activities include concerts, auto shows, park, library, restaurants, sports bars, shopping, yoga, Starbucks etc.

Listing Agent

Gary Christensen

N. W. Village Realty, Inc. License #475133807 Listed on: 09/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,324

Year Built

  • Built in 1977 | Remodeled in 2023

HOA Fees

  • $304 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

  • Lester Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger
  • 18 Units
  • Tom Association, Phone Number (630) 487-0275
  • Property managed by Downers Grove Terrace Condominium
  • Lock-and-Leave Community

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,324

Year Built

Built in 1977 | Remodeled in 2023

Lot Details

0

HOA Fees

$304 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Storage
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl

Exterior Features

  • Construction Materials: Brick
  • List Price: 230000
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 304
  • Association Amenities: Coin Laundry, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Downers Grove Terrace Condominium
  • Management Contact Name: Tom
  • Management Phone: 630-487-0275

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger

Schools

  • Elementary School: Lester Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2324.16
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 18

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,324 $40,596 $9,594 $31,002
2023 $2,218 $37,320 $8,820 $28,500
2022 $1,908 $32,420 $7,660 $24,760
2021 $1,787 $32,050 $7,570 $24,480
2020 $1,420 $31,410 $7,420 $23,990
2019 $1,363 $30,140 $7,120 $23,020
2018 $1,155 $26,210 $6,190 $20,020
2017 $1,006 $23,470 $5,960 $17,510
2016 $973 $22,400 $5,690 $16,710
2015 $943 $21,070 $5,350 $15,720
2014 $933 $20,480 $5,200 $15,280
2013 $1,550 $30,430 $7,730 $22,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $230,000 +251.1% $256 / Sq Ft
05/02/2017 05/02/17 Sold $65,500 -6.4% $85 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/16/2016 12/16/16 Price Changed $70,000 -2.8% $90 / Sq Ft
12/13/2016 12/13/16 Price Changed $72,000 -4.0% $93 / Sq Ft
10/28/2016 10/28/16 For Sale $75,000 0.0% $97 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $75,000 -- $97 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $65,500 Citywide Title Corporation
Warranty Deed $125,000 None Available
Warranty Deed $125,000 None Available
Deed $119,000 Atg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Unknown
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $95,200 Purchase Money Mortgage
Closed $11,900 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12461706

Midwest Real Estate Data (MRED)

APN: 09-08-229-008