For more information regarding the value of a property, please contact us for a free consultation.
548 Prairie AVE Downers Grove, IL 60515
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12683140
Sold Date 08/28/26
Bedrooms 5
Year Built 1927
Annual Tax Amount $9,624
Tax Year 2025
Lot Size 8,276 Sqft
Lot Dimensions 8125
Property Sub-Type Two to Four Units
Property Description
Rare Downers Grove two flat offering immediate cash flow with both units currently leased, an investor's dream or a savvy owner occupant's entry into real estate. This well maintained property sits just steps from the Fairview Metra station, Hummer Park, and top rated schools. The main level unit delivers 1,129 square feet of above grade living space with 3 bedrooms and 1 full bath. Gorgeous floors flow throughout the open layout, highlighted by a charming arched doorway and abundant natural light. The updated kitchen features quartz countertops white cabinetry and stainless steel appliances including a gas range, dishwasher, and refrigerator. The remodeled bath showcases a marble style tiled tub surround and tile flooring. A showstopping enclosed front sunroom with wrap-around windows adds flexible living space. In-unit washer and dryer included. The basement provides excellent storage and additional utility. The second floor unit offers 886 square feet with 2 bedrooms and 1 full bath. The spacious living area features ceiling fans and great natural light. The kitchen includes quartz countertops, gas range, dishwasher, and stainless refrigerator. The updated bath features a modern vanity and luxury vinyl plank flooring. This unit features its own private entrance with in-unit washer and dryer. Each tenant pays their own electric, gas, heat, scavenger, sewer, and water. Five exterior parking spaces included. Don't miss this turnkey income property in one of Downers Grove's most walkable neighborhoods!
Location
State IL
County Dupage
Area Downers Grove
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Equipment Ceiling Fan(s), Sump Pump
Fireplace N
Exterior
Community Features Park, Curbs, Sidewalks, Street Paved
Roof Type Asphalt
Building
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Lester Elementary School
Middle Schools Herrick Middle School
High Schools North High School
School District 58 , 58, 99
Others
Ownership Fee Simple
Special Listing Condition None
Read Less

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Hileary Cleary of Berkshire Hathaway HomeServices Chicago
GET MORE INFORMATION




