REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Sabrina Gloverof Platinum Partners Realtors
-
Est. payment /mo
New
548 Prairie AVE Downers Grove, IL 60515
5 Beds
8,276 Sqft Lot
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 hardwood 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
Community Park, Curbs, Sidewalks, Street Paved
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Foundation Block
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
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.