NOT LISTED FOR SALE

745 Franklin St Downers Grove, IL 60515

6 Beds
2 Baths
-- Sq Ft
1960 Built

Last Sold March 11, 2024

Last sale price $599,000

4 Days on Market

Highlights

  • Property is near a park
  • Lester Elementary School Rated A-
  • Ceiling Fan

About This Home

As of March 2024

Exclusive opportunity! Nestled on a prime corner lot, this charming two-flat residence is centrally located in the heart of Downers Grove. Each of the two units boasts 3 bedrooms and 1 bath, offering approximately 1200 square feet of comfortable living space in each unit. The recently renovated first floor is an ideal owner's haven, featuring a convenient in-unit washer/dryer, a pristine kitchen with modern stainless steel appliances, cabinets, and countertops. Hardwood floors throughout the property, providing a timeless touch, while the expansive windows offer picturesque views of nearby Washington Park. This brick building presents a lucrative income potential with a strong rental history. Enjoy the strategic placement across from Washington Park and a mere 3 blocks from the commuter train station. Benefit from the convenience of top-notch schools, parks, restaurants, and public transportation all at your fingertips. Don't miss out on this rare gem in an unbeatable location! Existing lease for first floor goes through March 2024 and 2nd floor is currently unoccupied.

Last Agent to Sell the Property

Tabitha Murphy

Berkshire Hathaway HomeServices Chicago License #475132363 Listed on: 02/08/2024

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Crystal Rodriguez

Berkshire Hathaway HomeServices Chicago License #475179513

Last Buyer's Agent

Luis Gonzalez

Coldwell Banker Realty License #475185069

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,095

Year Built

  • Built in 1960

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Lot Dimensions are 60x150
  • Property is near a park

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,550
  • Trash Expense $360
  • Water Sewer Expense $1,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,095

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 599000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Park

Fee Information

  • Trash Expense: 360
  • Water Sewer Expenses: 1320
  • Other Expenses $: 1260

Schools

  • Middle/Junior School District: 58

Lot Info

  • Lot Dimensions: 60X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 1550
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7095.44
  • Tax Year: 2022
  • Tax Exemptions: None

Range of Values:

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Sold Price
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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
03/11/2024 03/11/24 Sold $599,000 0.0% --
02/13/2024 02/13/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $599,000 +26.1% --
11/25/2020 11/25/20 Sold $475,000 -4.8% --
11/25/2020 11/25/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $499,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tabitha Murphy

    Seller's Agent in 2024

    Tabitha Murphy

    Berkshire Hathaway HomeServices Chicago

    (708) 674-7081

    10 in this area

    458 Total Sales

    Tabitha Murphy
    Section Image
  • Crystal Rodriguez

    Seller Co-Listing Agent in 2024

    Crystal Rodriguez

    Berkshire Hathaway HomeServices Chicago

    (708) 703-0107

    2 in this area

    132 Total Sales

    Crystal Rodriguez
    Section Image
  • Luis Gonzalez

    Buyer's Agent in 2024

    Luis Gonzalez

    Coldwell Banker Realty

    (708) 299-5847

    2 in this area

    48 Total Sales

    Luis Gonzalez
    Section Image
  • Rosie Gonzalez

    Buyer Co-Listing Agent in 2024

    Rosie Gonzalez

    Coldwell Banker Realty

    (708) 785-7653

    3 in this area

    409 Total Sales

    Rosie Gonzalez
    Section Image
  • Patty Wardlow

    Seller's Agent in 2020

    Patty Wardlow

    @ Properties

    (630) 291-9147

    124 in this area

    572 Total Sales

    Patty Wardlow
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11977331

Midwest Real Estate Data (MRED)

Illinois DuPage County Downers Grove 60515

745 Franklin St, Downers Grove, IL

This home is located at 745 Franklin St, Downers Grove, IL 60515 since 08 February 2024. This property was built in 1960. 745 Franklin St is a home located in DuPage County with nearby schools including Lester Elementary School, Herrick Middle School, and Downer Grove North High School.

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