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$600,000

Est. payment - /mo

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5 Beds

2 Baths

8,276 Sqft Lot

New

548 Prairie AVE Downers Grove, IL 60515

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Gus Morquecho

mba@re-consultinggroup.com +1(219) 308-2266

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12683140

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

Dwelling Type Two to Four Units

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

Listed by Sabrina Glover of Platinum Partners Realtors

Nearby Locations

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Gus Morquecho

Broker Associate | License ID: RB140551680

+1(219) 308-2266