548 Prairie Avenue Downers Grove, IL $ 600,000
548 Prairie Avenue
$ 600,000
Recently Listed
Share Save

548 Prairie Avenue

Downers Grove, IL, 60515
$ 600,000
Bedrooms5 Baths2.0 Sq 2,015

Monthly Estimate*

$ 3,788

548 Prairie Avenue, Downers Grove, IL 60515 - Image 1
548 Prairie Avenue, Downers Grove, IL 60515 - Image 2
548 Prairie Avenue, Downers Grove, IL 60515 - Image 3
548 Prairie Avenue, Downers Grove, IL 60515 - Image 4
548 Prairie Avenue, Downers Grove, IL 60515 - Image 5
548 Prairie Avenue, Downers Grove, IL 60515 - Image 6
548 Prairie Avenue, Downers Grove, IL 60515 - Image 7
548 Prairie Avenue, Downers Grove, IL 60515 - Image 8
548 Prairie Avenue, Downers Grove, IL 60515 - Image 9
548 Prairie Avenue, Downers Grove, IL 60515 - Image 10
548 Prairie Avenue, Downers Grove, IL 60515 - Image 11
548 Prairie Avenue, Downers Grove, IL 60515 - Image 12
548 Prairie Avenue, Downers Grove, IL 60515 - Image 13
548 Prairie Avenue, Downers Grove, IL 60515 - Image 14
548 Prairie Avenue, Downers Grove, IL 60515 - Image 15
548 Prairie Avenue, Downers Grove, IL 60515 - Image 16
548 Prairie Avenue, Downers Grove, IL 60515 - Image 17
548 Prairie Avenue, Downers Grove, IL 60515 - Image 18
548 Prairie Avenue, Downers Grove, IL 60515 - Image 19
548 Prairie Avenue, Downers Grove, IL 60515 - Image 20
548 Prairie Avenue, Downers Grove, IL 60515 - Image 21
548 Prairie Avenue, Downers Grove, IL 60515 - Image 22
548 Prairie Avenue, Downers Grove, IL 60515 - Image 23
548 Prairie Avenue, Downers Grove, IL 60515 - Image 24
548 Prairie Avenue, Downers Grove, IL 60515 - Image 25
548 Prairie Avenue, Downers Grove, IL 60515 - Image 26
548 Prairie Avenue, Downers Grove, IL 60515 - Image 27
548 Prairie Avenue, Downers Grove, IL 60515 - Image 28
548 Prairie Avenue, Downers Grove, IL 60515 - Image 29
548 Prairie Avenue, Downers Grove, IL 60515 - Image 30
548 Prairie Avenue, Downers Grove, IL 60515 - Image 31
548 Prairie Avenue, Downers Grove, IL 60515 - Image 32
548 Prairie Avenue, Downers Grove, IL 60515 - Image 33
548 Prairie Avenue, Downers Grove, IL 60515 - Image 34
548 Prairie Avenue, Downers Grove, IL 60515 - Image 35
548 Prairie Avenue, Downers Grove, IL 60515 - Image 36
548 Prairie Avenue, Downers Grove, IL 60515 - Image 37
548 Prairie Avenue, Downers Grove, IL 60515 - Image 38
548 Prairie Avenue, Downers Grove, IL 60515 - Image 39
548 Prairie Avenue, Downers Grove, IL 60515 - Image 40
548 Prairie Avenue, Downers Grove, IL 60515 - Image 41
548 Prairie Avenue, Downers Grove, IL 60515 - Image 42
548 Prairie Avenue, Downers Grove, IL 60515 - Image 43
548 Prairie Avenue, Downers Grove, IL 60515 - Image 44
548 Prairie Avenue, Downers Grove, IL 60515 - Image 45

Multi-Family Home for sale in Downers Grove, IL

for $600,000 with 5 bedrooms and 2 full baths. This 2,015 square foot home was built in 1927 on a lot size of 0.19.

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!

See more

Multi-Family Active

Price

$ 600,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,624

Style

Lot Size

0.19

Year Built

1927

Town/City

Downers Grove

County/Region

DuPage

MLS | Web ID

12683140

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Tenant's Rights
Roof Asphalt
Construction Materials Vinyl Siding
Year Built 1927
Township Downers Grove
Tax Year 2025
Ownership Fee Simple
Community Features Park Curbs Sidewalks Street Paved
County DuPage
Net Operating Income 43506
Insurance Expense 1621
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Active
Directions Prairie Ave W of Fairview
High School North High School
City Downers Grove
High School District 99
MLS Area Downers Grove
Elementary School Lester Elementary School
Tax Annual Amount 9624.96
Middle/Junior High School Herrick Middle School
Trash Expense 648
Standard Status Active
Middle/Junior School District 58
Elementary School District 58
See more
Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
See more
Exterior
Parking Features Off Street Driveway Yes Owned
Water Source Public
Total Parking 5
Foundation Details Block
Lot Dimensions 8125
Lot Size Acres 0.19
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Sump Pump
See more
* Excluded Features
List By
Platinum Partners Realtors

Broker

sabrina@thegloverteam.com

Email

Affordability Calculator

$4,590
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$802
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565915 Elementary School
564686 Middle School
North High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$600,000 Listed Price

Map


See all

548 Prairie Avenue, Downers Grove, IL, 60515 is a Multi-Family Home for sale at $600,000 with 2,015 sqft and a lot size of 0.19. 548 Prairie Avenue has 5 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 60515 which is in Downers Grove, IL