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.
Active
$600,000
325 Oldfield Rd, Downers Grove, IL 60516
6beds
--sqft
Multi Family
Built in ----
-- sqft lot
$587,800 Zestimate®
$--/sqft
$-- HOA
What's special
Two well-proportioned unitsStorage space
- 196 days
- 284
- 19
Zillow last checked:
Listing updated:
Listed by:
Elaine Pagels, CSC 630-640-2002,
Berkshire Hathaway HomeServices Chicago,
Dan Wood 630-640-3798,
Berkshire Hathaway HomeServices Chicago
Source: MRED as distributed by MLS GRID,MLS#: 12627166
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Appliances
- Included: Multiple Water Heaters
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 8
- Parking features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Detached, Unassigned, Off Street, Driveway, Owned, Garage
- Garage spaces: 4
- Has uncovered spaces: Yes
Lot
- Size: 1.3 Acres
- Dimensions: 104x312x130x97x60x100x32x100x132x200
- Features: Irregular Lot
Details
- Additional structures: RV/Boat Storage
- Parcel number: 1005203013
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Features: Street Lights, Street Paved
Location
- Region: Downers Grove
Financial & listing details
- Tax assessed value: $7,442
- Annual tax amount: $5,436
- Date on market: 4/24/2026
- Ownership: Fee Simple
Estimated market value
$587,800
$558,000 - $617,000
$2,752/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $600,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $405 +2.4% | $7,442 +7.9% |
| 2024 | $395 +4% | $6,897 +8.8% |
| 2023 | $380 +1.5% | $6,340 +0.2% |
| 2022 | $375 +8.2% | $6,330 +1.1% |
| 2021 | $346 +1.8% | $6,260 +2% |
| 2020 | $340 +4% | $6,140 |
| 2019 | $327 +2.6% | -- |
| 2018 | $319 +2.4% | $5,890 +3.9% |
| 2017 | $311 +2.2% | $5,670 +4.8% |
| 2016 | $305 +1.6% | $5,410 +6.3% |
| 2015 | $300 +1.4% | $5,090 +2.8% |
| 2014 | $296 -27.3% | $4,950 -29.7% |
| 2013 | $407 -13% | $7,040 -18.7% |
| 2012 | $468 +4.3% | $8,660 -6.1% |
| 2011 | $449 +9.7% | $9,220 +0.8% |
| 2010 | $409 +3% | $9,150 -5.8% |
| 2009 | $397 +1.3% | $9,710 |
| 2008 | $392 | $9,710 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 60516
Nearby schools
Schools provided by the listing agent
- Elementary: Concord Elementary School
- Middle: Cass Junior High School
- High: Hinsdale South High School
- District: 63
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






