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$600,000
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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 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!
Full Property Details
Full Property Details for 548 Prairie Ave
General
- Sold For: $600,000
- Taxes: $9,624 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12683140
- Added to Site: 108 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Ceiling Fan(s), Sump Pump
Parking
- Total Spaces: 5
- Parking Features: Off-Street, Driveway, Yes, Owned
Location
- Area: Downers Grove
- County: DuPage
- Driving Directions: Prairie Ave W of Fairview
School Information
- School District: 58
- Midd School District: 58
- Elementary School: Lester Elementary School
- Middle School: Herrick Middle School
- High School: North High School
- Private School: North High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Unfinished, Full
- Foundation: Block
- Roof: Asphalt
- Year Built: 1927
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.19
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 8125
Financial Considerations
- Assessment Year: 1927
- Tax Amount: $9,624.96
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 908213025
Listed by Platinum Partners Realtors
Sold by Berkshire Hathaway HomeServices Chicago
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Schools
Schools serving 548 Prairie Ave
School Districts:Downers Grove Grade School District 58, Community High School District 99
| Name | Grades | Distance |
|---|---|---|
Lester Elementary School 236 Indianapolis Avenue, Downers Grove, IL 60515 | K-6 | 0.4 mi |
Herrick Middle School 4335 Middaugh Avenue, Downers Grove, IL 60515 | 7-8 | 1 mi |
Community H S Dist 99 - North High School 4436 Main Street, Downers Grove, IL 60515 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 548 Prairie Ave
Date
Details
Price
Change
Source
8/28/2026
Sold
$600,000
—
MLS
6/25/2026
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
548 Prairie Avenue, Downers Grove, IL 60515 (MLS# 12683140) is a Multi-Family property that was sold at $600,000 on August 28, 2026. Want to learn more about 548 Prairie 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.

