$580,000

624 Prairie Ave Downers Grove, IL 60515

Estimated payment $3,797/month

Total Views 21,145
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near a park
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Lester Elementary School Rated A-

About This Home

Great investment opportunity or perfect for the owner occupant - collect rent while living in one unit! Located in a prime spot just minutes from vibrant downtown Downers Grove, this solid brick duplex is nestled in a desirable residential neighborhood with convenient access to shopping, dining, and the Metra. This well-maintained property features separate utilities and central air conditioning in each unit, offering ease of management and enhanced tenant comfort. One unit includes two bedrooms, a full kitchen, and a spacious family room. The second unit mirrors this layout and adds a finished basement, which provides additional living space, a full bathroom, laundry area, and a versatile flex room-perfect as a third bedroom, home office, or workout space. Outside, an exterior parking pad accommodates an oversized vehicle or provides extra tenant parking. Whether you're looking to expand your portfolio or move in and let the second unit offset your mortgage, this property offers versatility, long-term value, and an unbeatable location. Don't miss this rare opportunity in one of Downers Grove's most sought-after areas!

Listing Agent

Denis Horgan

Redfin Corporation License #475174979 Listed on: 08/08/2025

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,646

Year Built

  • Built in 1963

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Partial Basement
  • Sump Pump

Schools

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

Utilities

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

Additional Features

  • Paved or Partially Paved Lot
  • Property is near a park

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,646

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Sump Pump
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Garage/Space,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • List Price: 580000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

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: 5227
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7645.58
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

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

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $580,000 +41.5% --
05/23/2022 05/23/22 Sold $410,000 +2.5% --
03/24/2022 03/24/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $400,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12441626

Midwest Real Estate Data (MRED)