Courtesy: Berkshire Hathaway HomeServices Chicago
630-325-7500
A rare multi-unit opportunity situated on an expansive 1.3-acre parcel, this property offers significant renovation and investment potential in a highly desirable location. The building requires substantial updating and is being sold as-is; due to its current condition, the property will not qualify for FHA financing. The building features two well-proportioned units, each offering three bedrooms and one full bathroom, making it ideal for investors, owner-occupants, or those seeking flexible living arrangements. The shared basement includes two sets of washers and dryers, storage space, adding convenience and efficiency for both units. The exterior amenities further enhance the property's appeal, highlighted by a detached four-car garage offering ample space for vehicles, storage, or hobby use. The oversized lot provides a unique sense of privacy and opens the door for future possibilities, whether expansion, redevelopment, or simply enjoying the additional land. With strong rental potential, generous acreage, and versatile use options, this is a compelling opportunity for buyers looking to secure a multi-unit property with both stability and growth potential. Exceptional location with quick access to major expressways, highly rated schools, premier shopping and dining, airports. Move Confidently.
Downers Grove is located in Illinois. Downers Grove, Illinois has a population of 50,209. Downers Grove is more family-centric than the surrounding county with 36.86% of the households containing married families with children. The county average for households married with children is 36.11%.
The median household income in Downers Grove, Illinois is $105,217. The median household income for the surrounding county is $100,292 compared to the national median of $69,021. The median age of people living in Downers Grove is 42.8 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 14.9 degrees. The average rainfall is approximately 38.7 inches per year, with 30.4 inches of snow per year.
