$1,999,000
SOLD JUL 30, 2024

505 Lincoln Ave Downers Grove, IL 60515

7 Beds
5.5 Baths
6,000 Sq Ft
0.26 Acres

Recently Sold

$333 Per Sq Ft

181 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Recreation Room
  • Lester Elementary School Rated A-
  • Property is near a park
  • Wood Flooring

About This Home

As of July 2024

'HAPPY SPRING"..."HAPPY HOME"...""HAPPY BUYERS...Come SEE this GRAND "NEW CONSTRUCTION" 2-Story "GORGEOUS & GLAMOROUS" Home w/LP Siding, Stone Exterior, Underground Sprinkler System & Many Oversized Pella Windows to let the Sun Shine IN....ALL the "BELLS & WHISTLES" are "Included" inside & outside!! Time to Write your contract NOW so you can "Celebrate" your New Home & Upcoming 4th of July with a Party on your Covered Back Porch & BBQ on your 14 x 16 Paver Brick Patio...OR...watch Fireworks from your "MASSIVE" Wrap Around Covered Front & Side Porch w/STONE ACCENTS** ELEGANT & NUMEROUS Features Included Thru-out this 6,000 Sq Ft FINISHED LIVING SPACE located on a LARGE CORNER LOT in the Historic Town of Downers Grove** Award Winning DG NORTH HIGH SCHOOL District 99 & Lester Elementary & Herrick Middle School, as well as, St Joseph School are all Close by & Well-Received in this Community** HUMMER PARK located down the road w/covered BBQ Station & Plenty of Seating Area & FUN activities for All...SO MUCH OFFERED in this 7 BR, 5.1 Bath, FULL Finished Basement w/ 3 Car Attached Garage Home** Starting with 10'Ft CEILINGS with Recessed Lighting & Hardwood Floors ALL on MAIN 1st FLOOR. Also, a Favorable "1st Floor" Guest (6th) BR has FULL Bath & Deep Walk-In-Closet... ENJOY the BRIGHT Separate Dining Rm, & "OPEN FLOOR PLAN DESIGN" that completes the SPACIOUS Family Rm w/"FLIP SWITCH" Gas Starter Fireplace & Marble Hearth, Kitchen, & Breakfast Eating Area! This Modern, EXQUISITE KITCHEN complete w/Custom Designed Cabinets & Backsplash, ENORMOUS 8.5 ft Island w/Quartz Countertop & seating area, Walk-In Pantry, & an Additional Butler Pantry w/Undermount Wine Cooler... You will "APPRECIATE" ALL the "HIGH END SUB-ZERO/WOLF APPLICANCES", Oven-Double, Oven-Range, SubZero Refrigerator, Microwave, Dishwasher ** Off the Kitchen Breakfast Eating Area just SIT & RELAX out on the "PRIVATE COVERED PORCH". Mud Room with Spacious Cubbies, Closet, & Access to 3 Car Garage or WRAP Around Covered Porch w/Recessed Lighting in the Wooden Ceilings. Designer "OPEN STAIRCASE" Leads you to 2nd Floor w/9'Ft Ceilings, Spacious Hallway w/Hardwood Flooring, Laundry Rm w/sink, & 5 BR's!! Double Entry Doors to PRIMARY BedRm w/Hardwood Floors, including EXQUISITE Ensuite Luxury Bath w/ "Separate" Frameless Shower & "Separate" LAVISH SPA Soaking Tub, Dual Sinks, Modern Mirrors & Lights, along with "HUGE" Walk-in Closets!! BR 2 & 3 have "Jack & Jill" shared Roomy FULL Bath & BR 4 with PRIVATE En-suite & Large WIC, too!! Take advantage of the 5th BR which can be used as a Bonus Rm for many uses: Office/Study/Exercise Rm or Nursery!! The FULL FINISHED LOOK OUT BASEMENT is ENORMOUS & SPACIOUS w/10'Ft Ceilings & offers 7th BR, Full LUXURY Shower Bath, & Wet Bar Hook-Up..ready for your own designs.. Dual Zoning Heating & A/C. "CONVENIENTLY LOCATED" to DG town w/Metra Train, Quaint Shops, Coffee Houses, Fine Dining, Ice Cream Shops, Old World Tivoli Movie Theater, Music Festivals, Numerous Parks, & Close to Many Major Expressways!! "MUST HURRY" as Time is Ticking to Choose your Paint Colors ...NOW is the time to Contact Karen to set an appointment to WALK THRU THIS BEAUTIFUL "OPEN DESIGNED" FLOOR PLAN HOME.. Get ready to MOVE INTO YOUR "NEW HOME" SOON!! CALL TODAY FOR MORE DETAILS!!

Last Agent to Sell the Property

Karen Reicher

RE/MAX Enterprises License #475130072 Listed on: 11/03/2023

RE/MAX Enterprises

Last Buyer's Agent

Cory Tanzer

Option Premier LLC License #475167115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 85 x 132
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar
  • Ceiling height of 10 feet or more
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • <<doubleOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Sink Near Laundry

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage
  • Basement Lookout

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,151

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Year Built: 2023
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New/Proposed Construction Options: Bsmnt/Lower Lvl Finished,Central Air,Fireplace,Basement,Garage,Hardwood/Ceramic Floors,Landscaping,Oak Trim/Oak Staircase,Vaulted/Cathedral Ceiling,Lighting Allowance,Upgraded Cabinets And Counters,Zoned Heating/Cooling
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Humidifier
  • Basement: Full, English
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Below Grade Finished Sq Ft: 1600
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Bar-Wet, Hardwood Floors, First Floor Bedroom, Second Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Ceiling - 10 Foot, High Ceilings, Open Floorplan, Separate Dining Room
  • LivingArea: 6000
  • Other Equipment: CO Detectors
  • Room Type: Bedroom 5, Bedroom 6, Bedroom 7, Eating Area, Recreation Room, Foyer, Walk In Closet, Mud Room
  • Estimated Total Finished Sq Ft: 6000
  • Basement Description: Finished,Lookout,Rec/Family Area,Sleeping Area,Storage Space
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4400
  • Basement Sq Ft: 1600
  • Fireplace Location: Family Room
  • Total Sq Ft: 6000
  • Upper Level Sq Ft: 2200
  • Main Level Sq Ft: 2200
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 1999000
  • Lot Features: Corner Lot
  • Patio And Porch Features: Patio, Porch
  • Waterfront: No
  • Exterior Building Type: Brick,Stone,Other,Fiber Cement

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.258
  • Lot Dimensions: 85 X 132
  • 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: 5150.92
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Jul 29, 2024
Sold by
Kazi Susan and Calistoga Home Builders Llc
Bought by
Flynn Edward Johnathan and Flynn Elizabeth Harris
Seller's Agent
Karen Reicher
RE/MAX Enterprises
Buyer's Agent
Cory Tanzer
Option Premier LLC
List Price
$1,999,000
Sold Price
$1,999,000
Views
158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.34%
Source: Public Records

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Range of Values:

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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 $1,999,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $2,200,000 +10.1% $342 / Sq Ft
07/30/2024 07/30/24 Sold $1,999,000 0.0% $333 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
11/05/2023 11/05/23 For Sale $1,999,000 0.0% $333 / Sq Ft
11/05/2023 11/05/23 Off Market $1,999,000 -- --
11/03/2023 11/03/23 For Sale $1,999,000 -- $333 / Sq Ft
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
2023 $5,495 $92,440 $92,440 $0
2022 $5,151 $87,520 $87,520 $0
2021 $4,823 $86,520 $86,520 $0
2020 $4,738 $84,810 $84,810 $0
2019 $4,596 $81,380 $81,380 $0
2018 $4,622 $80,870 $80,870 $0
2017 $4,852 $84,220 $77,860 $6,360
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11923512

Midwest Real Estate Data (MRED)

APN: 09-05-421-030