Sold for $365,000

$365,000

4840 Prospect Ave, Downers Grove, IL 60515

3beds

1,190sqft

Single Family Residence

Built in ----

-- sqft lot

$525,000 Zestimate^®

$307/sqft

$2,811 Estimated rent

Home value

$525,000

$462,000 - $609,000

$2,811/mo

Zestimate^® history

Owner options

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$2,811/mo

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$2,811/mo

Rent Zestimate^®

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$2,130/mo

Est. payment

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$2,130/mo

Est. payment

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What's special

Washer and dryerFull unfinished basementHardwood floors

Immaculate and updated 3 bedroom brick ranch home available for immediate occupancy. Hardwood floors throughout. Full, unfinished basement with washer and dryer. Attached 1 car garage. 3rd bedroom is a flex room and can be a bedroom, office or den. Incredible location walking distance to town, train, park and top rated Lester, Herrick and Downers Grove North schools. Tenant is responsible for utilities. Price listed is for a 12 month lease. Credit and background check required for everyone over age 18, at tenant expense. Income verification, no prior evictions. No smoking.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry: In Unit

Features

Flooring: Hardwood

Interior area

Total interior livable area: 1,190 sqft

Property

Parking

Parking features: Attached
Has attached garage: Yes
Details: Contact manager

Accessibility

Accessibility features: Disabled access

Features

Exterior features: Heating system: Forced Air

Details

Parcel number: 0908201021

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Community & HOA

Community

Deposit fee: $2,900

Location

Region: Downers Grove

Financial & listing details

Price per square foot: $307/sqft
Tax assessed value: $125,945
Annual tax amount: $6,752
Date on market: 7/31/2025
Lease term: 1 Year

Price history

Date	Event	Price
9/2/2025	Listing removed	$2,900$2/sqft
Source: Zillow Rentals Report a problem
7/31/2025	Listed for rent	$2,900$2/sqft
Source: Zillow Rentals Report a problem
5/19/2025	Sold	$365,000+37.2%$307/sqft
Source: Public Record Report a problem
10/7/2004	Sold	$266,000$224/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,752 +5.4%	$125,945 +8.8%
2023	$6,407 +5.1%	$115,780 +5.6%
2022	$6,098 +12.3%	$109,620 +1.1%
2021	$5,429 +2%	$108,380 +2%
2020	$5,321 +3.6%	$106,240
2019	$5,136 +7.9%	--
2018	$4,762 +3.6%	$94,310 +3.9%
2017	$4,594 -3.9%	$90,750 +4.8%
2016	$4,781 +1.3%	$86,610 +6.3%
2015	$4,721 +9.9%	$81,490 +12.2%
2014	$4,296 +2.8%	$72,640 +0.5%
2013	$4,179 +3%	$72,300 -4.3%
2012	$4,057 +1.4%	$75,550 -6.1%
2011	$4,001 -18.9%	$80,450 -23%
2010	$4,932 +2.6%	$104,420 -4.6%
2009	$4,807 +3.6%	$109,470
2008	$4,639 +4.1%	$109,470 +5.9%
2007	$4,454 +8.5%	$103,370 +10.2%
2006	$4,106 +4.6%	$93,780 +7.7%
2005	$3,927 +11.5%	$87,080 +10.7%
2004	$3,522 +2.5%	$78,670 +10%
2003	$3,436 +6.8%	$71,520 +9.8%
2002	$3,217 +3.9%	$65,130 +6.8%
2001	$3,095 +5.1%	$61,000 +6.1%
2000	$2,945	$57,510