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$500,000

  • Sold
  • Closed
  • Multi-Family
  • 6 Total Beds
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Remodelers needed for this great rental investment or related living opportunity. Move in one unit while rehabbing the other one. Attractive all BRICK Georgian style duplex in desirable residential area of Downers Grove. Long time tenants have moved on and now time for a new owner to do the updating. Each unit has 3 bedrooms, 1.5 bath and separate full size basements. Each unit controls their own utilities, heat, electricity, water and sewer. New roof in 2011. Beautifully landscaped rear yard with patio and storage shed. Highly rated schools, Lester, Herrick and Downers Grove North High School. Close to train, vibrant downtown Downers Grove with lots of dining and shopping. Seller is conveying in as is condition. GREAT AREA AND GREAT INVESTMENT.

Full Property Details for 541-543 Chicago Ave

General

  • Sold For: $500,000
  • Taxes: $7,929 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12480059
  • Added to Site: 113 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Carbon Monoxide Detectors
  • Other Features: Commuter Train

Parking

  • Total Spaces: 4
  • Parking Features: Unassigned, Driveway, On Site
  • Parking On-Site: Yes

Location

  • Area: Downers Grove
  • County: DuPage
  • Driving Directions: Fairview, south of Ogden Ave. West on Chicago Ave.

School Information

  • School District: 58
  • Midd School District: 58
  • Elementary School: Lester Elementary School
  • Middle School: Herrick Middle School
  • High School: Downers Grove North
  • Private School: Downers Grove North

Heating & Cooling

  • Heating Type: Electric

Utilities

  • Water: Lake Michigan

Structural Information

  • Architectural Style: Georgian
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: Unfinished, Full
  • Windows: Screens
  • Year Built: 1964
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 62 x 125

Financial Considerations

  • Assessment Year: 1964
  • Tax Amount: $7,929
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 908212012

Listed by United Real Estate - Chicago
Sold by Compass

Listing agent

— 541-543 Chicago Ave —

  • United Real Estate - Chicago

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 541-543 Chicago Ave

Date
Details
Price
Change
Source
10/29/2025
Sold
$500,000
-13.03%
MLS
9/25/2025
Listed
$574,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by United Real Estate - Chicago
Sold by Compass

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541-543 Chicago Avenue, Downers Grove, IL 60515 (MLS# 12480059) is a Multi-Family property that was sold at $500,000 on October 29, 2025. Want to learn more about 541-543 Chicago Avenue? Do you have questions about finding other Multi-Family real estate for sale in Downers Grove? You can browse all Downers Grove real estate or contact a Coldwell Banker agent to request more information.