502 Redondo Dr Unit 502 Downers Grove, IL 60516
Estimated payment $1,942/month
Highlights
- Popular Property
- Landscaped Professionally
- Balcony
- Prairieview Elementary School Rated A-
- Wood Flooring
- Laundry Room
About This Home
THE best condo in the complex is now for sale, not to be missed! Top floor, no neighbors above, a true gem with access to its 30 ft long balcony from each room, the easier to enjoy sunny days outside year-round due to its perfect southern exposure. This immaculate condo features in-unit washer and dryer, updated bathrooms, fresh paint and newer SS appliances. The kitchen has a built-in panelled dishwasher, oversized farmhouse sink, butcher block countertops and leads to a generous-sized dining area with built-in wine rack. HOA monthly assessment includes everything, the owner pays only for electricity! This building does NOT have the master HOA additional assessment, hence the lower monthly. Included are a heated 1 car parking in garage, with storage cabinets on the wall PLUS a separate storage locker. A very well-maintained, secure building backing out to a gorgeous nature and lake area with tons of greenspace. Nothing to do-just to move in! Welcome home.
Open House Schedule
-
Sunday, October 19, 20251:00 to 4:00 pm10/19/2025 1:00:00 PM +00:0010/19/2025 4:00:00 PM +00:00Send clients with biz card if agents cannot attend, ring last name Knezevic on lobby buzzer for unit access, take elevator to 5th floor and go left from the elevator door to unit 502Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,943
Year Built
- Built in 1969
HOA Fees
- $371 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
- Concrete Perimeter Foundation
- Flexicore
Interior Spaces
- 1,024 Sq Ft Home
- 1-Story Property
- Sliding Doors
- Family Room
- Combination Dining and Living Room
- Storage
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Mirrored Closets Doors
Schools
- Elizabeth Ide Elementary School
- Lakeview Junior High School
- South High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Balcony
- Landscaped Professionally
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
- 60 Units
- Rob Association, Phone Number (630) 588-9500
- Lake In The Woods Subdivision, Condo Floorplan
- Property managed by Redbrick Property Management
Amenities
- Common Area
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,943 | $60,253 | $9,823 | $50,430 |
2023 | $2,796 | $55,390 | $9,030 | $46,360 |
2022 | $2,556 | $49,850 | $8,130 | $41,720 |
2021 | $2,330 | $49,290 | $8,040 | $41,250 |
2020 | $2,285 | $48,310 | $7,880 | $40,430 |
2019 | $2,198 | $46,350 | $7,560 | $38,790 |
2018 | $1,936 | $40,840 | $6,660 | $34,180 |
2017 | $1,686 | $36,310 | $6,410 | $29,900 |
2016 | $1,925 | $34,660 | $6,120 | $28,540 |
2015 | $1,903 | $32,610 | $5,760 | $26,850 |
2014 | $2,014 | $34,100 | $6,020 | $28,080 |
2013 | $1,686 | $33,940 | $5,990 | $27,950 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
---|---|---|---|---|---|
10/15/2025 10/15/25 | For Sale | $249,999 | +85.2% | $244 / Sq Ft | |
08/08/2016 08/08/16 | Sold | $135,000 | -3.6% | -- | View Prior Sale |
07/19/2016 07/19/16 | Pending | -- | -- | -- | |
07/19/2016 07/19/16 | For Sale | $140,000 | +60.9% | -- | |
09/18/2013 09/18/13 | Sold | $87,000 | -3.2% | -- | View Prior Sale |
08/13/2013 08/13/13 | Pending | -- | -- | -- | |
08/06/2013 08/06/13 | Price Changed | $89,900 | -10.0% | -- | |
07/10/2013 07/10/13 | For Sale | $99,900 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $135,000 | First American Title | |
Special Warranty Deed | $87,000 | First American Title Company | |
Sheriffs Deed | -- | None Available | |
Warranty Deed | $170,000 | Ticor Title Insurance Compan | |
Warranty Deed | $125,000 | -- | |
Warranty Deed | $110,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $121,500 | New Conventional | |
Previous Owner | $65,250 | New Conventional | |
Previous Owner | $136,000 | Fannie Mae Freddie Mac | |
Previous Owner | $116,750 | Purchase Money Mortgage | |
Previous Owner | $104,500 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12495908

APN: 09-32-218-051
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