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503 Lake Avenue Downers Grove, IL ^$ 2,500

503 Lake Avenue

^$ 2,500

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Recently Listed

503 Lake Avenue

Downers Grove, IL, 60515

^$ 2,500

Bedrooms3 Baths1.1 Sq 1,195

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503 Lake Avenue, Downers Grove, IL 60515 - Image 13

Property for Rent in Downers Grove, IL

for $2,500 with 3 bedrooms and 1 full bath, 1 half bath. This 1,195 square foot property was built in 1958.

Enjoy peaceful living in this solid brick ranch, perfectly situated on a quiet, no-outlet street in North Downers Grove. This well-maintained home features beautiful hardwood floors and classic six-panel oak interior doors. The functional layout includes a spacious living area with newer windows that provide plenty of natural light. The property offers plenty of storage and workspace between the full unfinished basement and the detached two-car garage. Outside, you'll find an expansive lot featuring a private backyard, a cement driveway, and a patio perfect for outdoor relaxation. Its prime location offers the best of both worlds-unmatched quiet while remaining close to schools, shopping, and dining. The tenant is responsible for all utilities, including gas, electric, water, and trash. Additionally, the tenant is responsible for all lawn maintenance and snow removal to keep the property in top condition.

Rental Active

Price

^$ 2,500

Bedrooms

Full Bath

Half Bath

Taxes

^$ 0

Style

Year Built

1958

Town/City

Downers Grove

County/Region

DuPage

MLS | Web ID

12548662

Features

General

Living Area 1195

Sewer Public Sewer

Heating Natural Gas Forced Air

Cooling Central Air

Possession Tenant's Rights

Roof Asphalt

Appliances Range Dishwasher Refrigerator Washer Dryer

Garage Spaces 2

Construction Materials Brick

Pets Allowed Dogs OK

Year Built 1958

Township Downers Grove

County DuPage

Property Type Residential Lease Residential Lease

Rent Includes None

Total Rooms 6

Full Baths 1

Status New

Directions Fairview Ave. to Lake Ave. then west to property

High School North High School

City Downers Grove

High School District 99

MLS Area Downers Grove

Elementary School Lester Elementary School

Middle/Junior High School Herrick Middle School

Ok to Lease 12 Months

Availability Date 2026-01-19

Standard Status Active

Middle/Junior School District 58

Elementary School District 58

Interior

Basement Unfinished Exterior Entry Full

Flooring Hardwood

Half Baths 1

Laundry Features In Unit

Total Bedrooms 3

Room Type No additional rooms

Total Baths 2

Bedrooms Possible 3

Exterior

Parking Features Concrete Garage Door Opener Yes Garage Owned Detached Garage

Water Source Lake Michigan

Total Parking 2

Foundation Details Concrete Perimeter

Lot Dimensions 82x132

Waterfront Y/N N

Other Equipment Ceiling Fan(s) Sump Pump

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

timgood44@gmail.com

Nearby

Trends
Schools

About Downers Grove, IL

50,198 Population

0% Since 2002

^$87,923 Median Income

43.9 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565915 Elementary School

564686 Middle School

North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2026	$2,500		Listed Price

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503 Lake Avenue, Downers Grove, IL, 60515 is a Property for Rent at $2,500 with 1,195 sqft. 503 Lake Avenue has 3 bedrooms, 1.1 baths, and was built in 1958. The property's zip code is 60515 which is in Downers Grove, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 1/19/2026.

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503 Lake Avenue

Property for Rent in Downers Grove, IL

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