505 Redondo Dr Unit 305 Downers Grove, IL 60516
Estimated payment $1,802/month
Highlights
- Waterfront
- Living Room
- Entrance Foyer
- Prairieview Elementary School Rated A-
- Laundry Room
- Ceramic Tile Flooring
About This Home
Beautifully maintained and recently updated with fresh paint, carpeting, and more, this 2-bedroom, 1.5-bath condo is located in the desirable Lake in the Woods subdivision and offers stunning lake views from a private 30-foot balcony with sliding glass doors from living area and bedrooms offering a tranquil environment and amazing views. Enjoy the convenience of an in-unit washer and dryer, a galley kitchen with classic wood cabinets, and recent updates including a newer water heater and furnace. This home also includes one garage parking space and a dedicated storage unit-ideal for comfort and functionality. Don't miss the opportunity to live in a peaceful setting with scenic water views right outside your door.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,360
Year Built
- Built in 1969
Lot Details
- Waterfront
HOA Fees
- $438 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
Interior Spaces
- 1,065 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Laundry Room
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, exterior maintenance, lawn care, scavenger, snow removal
- 60 Units
- Brandy Cafarelli Association, Phone Number (847) 777-7081
- Lake In The Woods Subdivision
- Property managed by FirstService Residential
- 5-Story Property
Pet Policy
- Pets up to 30 lbs
- Dogs and Cats 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 | $2,530 | $60,917 | $10,030 | $50,887 |
| 2023 | $2,360 | $56,000 | $9,220 | $46,780 |
| 2022 | $2,296 | $50,400 | $8,300 | $42,100 |
| 2021 | $1,384 | $49,830 | $8,210 | $41,620 |
| 2020 | $1,388 | $48,850 | $8,050 | $40,800 |
| 2019 | $1,401 | $46,870 | $7,720 | $39,150 |
| 2018 | $1,428 | $41,290 | $6,800 | $34,490 |
| 2017 | $1,430 | $36,710 | $6,540 | $30,170 |
| 2016 | $933 | $35,030 | $6,240 | $28,790 |
| 2015 | $981 | $32,960 | $5,870 | $27,090 |
| 2014 | $993 | $34,460 | $6,140 | $28,320 |
| 2013 | $1,014 | $34,300 | $6,110 | $28,190 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Price Changed | $219,000 | -1.7% | $206 / Sq Ft |
| 08/05/2025 08/05/25 | For Sale | $222,900 | -- | $209 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $55,000 | Credit Line Revolving |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12438733
APN: 09-32-217-026
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