502 Redondo Dr Unit 112 Downers Grove, IL 60516
1
Bed
1
Bath
795
Sq Ft
$288/mo
HOA Fee
Highlights
- Elevator
- Balcony
- Living Room
- Prairieview Elementary School Rated A-
- Intercom
- Laundry Room
About This Home
As of August 2025Very desirable and rarely available 1st floor unit!! Move-in ready, spacious 1 bedroom condo in Lake in the Woods. Recently Updated Bathroom with New Vanity Cabinet, sink, faucet and ceramic tiles!! Wood Laminate flooring in Living rm, Din, Kitchen, Bedroom and Hallway. New full size Washer and Dryer. Newer Hot Water tank and Dishwasher. Custom closets in the hallway and bedroom!! Great layout!! The living room opens to the 12 ft balcony, ideal place for morning coffee or evening grilling!! Underground parking and 8 x 3 storage space next to your parking spot. Low Association Fee covers: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Snow Removal and Scavenger!! Wonderful location close to I-55 and I-355. Move in ready! NO rentals allowed!
Last Agent to Sell the Property
RE/MAX Enterprises License #475101882 Listed on: 07/19/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,086
Year Built
- Built in 1969
HOA Fees
- $288 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 795 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Storage Room
- Laminate Flooring
- Intercom
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
Schools
- Elizabeth Ide Elementary School
- Lakeview Junior High School
- South High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 60 Units
- John Association, Phone Number (630) 588-9500
- Lake In The Woods Subdivision
- Property managed by Red Brick Management
- 5-Story Property
Amenities
- Elevator
- Community Storage Space
Pet Policy
- Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2018
Closed on
May 11, 2018
Sold by
Maves Michael D
Bought by
Wiatr Olga
Seller's Agent
Rosa Andersen
Realty Executives Midwest
Buyer's Agent
Maria Baran
RE/MAX Enterprises
List Price
$114,000
Sold Price
$104,000
Premium/Discount to List
-$10,000
-8.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$98,800
Outstanding Balance
$86,768
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$108,136
Purchase Details
Closed on
Nov 30, 2017
Sold by
Andersen Susan A
Bought by
Andersen Susan A and The Susan A Andersen Living Trust
Purchase Details
Closed on
Jul 10, 2017
Sold by
Sperandeo Salvatore J
Bought by
Anderson Susan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 31, 2014
Closed on
Aug 11, 2014
Sold by
Michalski Kathleen and Shea Maureen
Bought by
Sperandeo Salvatore J and Sperandeo Salvatore J
Seller's Agent
Diane Crisp
Platinum Partners Realtors
Buyer's Agent
David Swinkle
Prime Realty Solutions
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$65,600
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 1998
Sold by
Shea Maureen
Bought by
Shea Maureen and Maureen Shea Trust
Purchase Details
Closed on
Aug 29, 1996
Sold by
Harrigan Richard W and Harrigan Dolores M
Bought by
Shea Maureen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 2, 1994
Sold by
Clough Mary M
Bought by
Harrigan Richard W and Harrigan Dolores M
Similar Homes in Downers Grove, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $104,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $99,000 | Chicago Title | |
| Warranty Deed | $82,000 | Midwest Title & Appraisal Se | |
| Quit Claim Deed | -- | Midwest Title & Appraisal Sv | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Warranty Deed | $75,000 | -- | |
| Warranty Deed | $68,000 | Intercounty Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $98,800 | New Conventional | |
| Previous Owner | $79,000 | New Conventional | |
| Previous Owner | $65,600 | New Conventional | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $71,250 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Sold | $193,500 | -2.8% | $243 / Sq Ft |
| 07/24/2025 07/24/25 | Pending | -- | -- | -- |
| 07/19/2025 07/19/25 | For Sale | $199,000 | +91.3% | $250 / Sq Ft |
| 05/11/2018 05/11/18 | Sold | $104,000 | -8.8% | $131 / Sq Ft |
| 04/09/2018 04/09/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $114,000 | +39.0% | $143 / Sq Ft |
| 08/13/2014 08/13/14 | Sold | $82,000 | -3.5% | $103 / Sq Ft |
| 06/21/2014 06/21/14 | Pending | -- | -- | -- |
| 05/31/2014 05/31/14 | For Sale | $85,000 | -- | $107 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,086 | $45,046 | $7,430 | $37,616 |
| 2023 | $1,971 | $41,410 | $6,830 | $34,580 |
| 2022 | $1,822 | $37,270 | $6,150 | $31,120 |
| 2021 | $1,661 | $36,850 | $6,080 | $30,770 |
| 2020 | $1,627 | $36,120 | $5,960 | $30,160 |
| 2019 | $1,561 | $34,660 | $5,720 | $28,940 |
| 2018 | $1,363 | $30,540 | $5,040 | $25,500 |
| 2017 | $1,177 | $27,160 | $4,850 | $22,310 |
| 2016 | $1,106 | $25,920 | $4,630 | $21,290 |
| 2015 | $1,073 | $24,390 | $4,360 | $20,030 |
| 2014 | $1,152 | $25,500 | $4,560 | $20,940 |
| 2013 | $1,049 | $25,380 | $4,540 | $20,840 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Baran
Seller's Agent in 2025
Maria Baran
RE/MAX
(630) 750-9213
6 in this area
96 Total Sales
-
Barbara Geiger
Buyer's Agent in 2025
Barbara Geiger
Keller Williams Experience
(630) 935-1127
2 in this area
33 Total Sales
-
Rosa Andersen
Seller's Agent in 2018
Rosa Andersen
Realty Executives
(630) 745-0266
22 in this area
143 Total Sales
-
Diane Crisp
Seller's Agent in 2014
Diane Crisp
Platinum Partners Realtors
(630) 842-8258
4 in this area
95 Total Sales
-
Tracy Driscoll
Seller Co-Listing Agent in 2014
Tracy Driscoll
Platinum Partners Realtors
(630) 674-8320
10 in this area
139 Total Sales
-
David Swinkle
D
Buyer's Agent in 2014
David Swinkle
Prime Realty Solutions
(708) 382-1899
1 in this area
2 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12424909
APN: 09-32-218-013
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