***This property qualifies for a limited-time lender-paid 2-1 buydown for reduced monthly payments for the first 2 years at NO cost to the buyer or seller!!! (Lender flyer is available under additional info). Penthouse level, the best condo in the complex is now for sale, not to be missed! Top floor without neighbors above it, a true gem with access to its 30 ft long balcony from each room, the easier to enjoy sunny days outside year-round due to its perfect southern exposure. This immaculate condo features in-unit washer and dryer, updated bathrooms, fresh paint and newer SS appliances. The kitchen has a built-in panelled dishwasher, oversized farmhouse sink, butcher block countertops and leads to a generous-sized dining area with built-in wine rack. HOA monthly assessment includes everything, the owner pays only for electricity! This building does NOT have the master HOA additional assessment, hence the lower monthly. Included are a heated 1 car parking in garage, with storage cabinets on the wall PLUS a separate storage locker. A very well-maintained, secure building backing out to a gorgeous nature and lake area with tons of greenspace. Nothing to do-just to move in! Welcome home.
Closed
$248,000
502 Redondo Dr APT 502, Downers Grove, IL 60516
2beds
1,024sqft
Condominium, Single Family Residence
Built in 1969
-- sqft lot
$258,000 Zestimate®
$242/sqft
$2,096 Estimated rent
Home value
$258,000
$235,000 - $281,000
$2,096/mo
Zestimate® history
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List your homeWhat's special
Updated bathroomsImmaculate condoSunny days outside year-roundFresh paintIn-unit washer and dryerOversized farmhouse sinkNewer ss appliances
Zillow last checked:
Listing updated:
Listed by:
Charles Nicholson, CRB 773-419-0329,
Nicholson Real Estate Inc.
Bought with:
Donna Blagojevic
HomeSmart Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12495908
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Wood Laminate), Bathroom (Half)
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12X17
Bedroom 2
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13X10
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Kitchen (Galley), Flooring (Wood Laminate)
- Level: Main
- Area: 64 Square Feet
- Dimensions: 08X08
Living room
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 260 Square Feet
- Dimensions: 20X13
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator
- Laundry: Washer Hookup, In Unit
Features
- Elevator, Storage, Flexicore
- Flooring: Hardwood
- Doors: Mirrored Closet Door(s), Sliding Doors, Sliding Glass Door(s)
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,024 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Balcony
Lot
- Features: Common Grounds, Landscaped
Details
- Parcel number: 0932218051
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1969
Details
- Builder model: condo
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Subdivision: Lake In The Woods
HOA
- Has HOA: Yes
- Services included: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $371 monthly
Location
- Region: Downers Grove
Financial & listing details
- Price per square foot: $242/sqft
- Tax assessed value: $60,253
- Annual tax amount: $2,943
- Date on market: 10/15/2025
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Sold | $248,000+90.8%$242/sqft |
Source:  MRED as distributed by MLS GRID #12495908 Report a problem | ||
| 1/25/2018 | Sold | $130,000+0.8%$127/sqft |
Source: Agent Provided Report a problem | ||
| 3/21/2017 | Sold | $129,000+4.9%$126/sqft |
Source: Agent Provided Report a problem | ||
| 11/24/2016 | Sold | $123,000-8.9%$120/sqft |
Source: Agent Provided Report a problem | ||
| 8/8/2016 | Sold | $135,000+55.2%$132/sqft |
Source: MRED as distributed by MLS GRID #09291324 Report a problem | ||
| 10/7/2013 | Sold | $87,000-48.8%$85/sqft |
Source: Public Record Report a problem | ||
| 5/3/2006 | Sold | $170,000+36%$166/sqft |
Source: Public Record Report a problem | ||
| 11/27/2002 | Sold | $125,000+13.6%$122/sqft |
Source: Public Record Report a problem | ||
| 10/18/1999 | Sold | $110,000$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,943 +5.3% | $60,253 +8.8% |
| 2023 | $2,796 +9.4% | $55,390 +11.1% |
| 2022 | $2,556 +9.7% | $49,850 +1.1% |
| 2021 | $2,330 +2% | $49,290 +2% |
| 2020 | $2,285 +3.9% | $48,310 |
| 2019 | $2,198 +13.6% | -- |
| 2018 | $1,936 +14.8% | $40,840 +12.5% |
| 2017 | $1,686 -12.4% | $36,310 +4.8% |
| 2016 | $1,925 +1.1% | $34,660 +6.3% |
| 2015 | $1,903 -5.5% | $32,610 -4.4% |
| 2014 | $2,014 +19.5% | $34,100 +0.5% |
| 2013 | $1,686 -21.1% | $33,940 -23.4% |
| 2012 | $2,136 +2.6% | $44,330 -6.1% |
| 2011 | $2,082 -2.7% | $47,210 -7.4% |
| 2010 | $2,139 +2.1% | $51,010 -5.8% |
| 2009 | $2,095 +1.3% | $54,140 |
| 2008 | $2,068 +4.5% | $54,140 +5.9% |
| 2007 | $1,978 +4.5% | $51,130 +8.2% |
| 2006 | $1,893 +6.7% | $47,270 +7.7% |
| 2005 | $1,774 +4% | $43,890 +7% |
| 2004 | $1,705 +0.6% | $41,010 +10% |
| 2003 | $1,695 +6.2% | $37,280 +8.9% |
| 2002 | $1,596 +2.9% | $34,240 +6.7% |
| 2001 | $1,551 +2.4% | $32,080 +3.5% |
| 2000 | $1,516 | $30,990 |
Find assessor info on the county website
Neighborhood: 60516
Nearby homes
- $186,7001 bd1 ba795 sqft502 Redondo Dr APT 101, Downers Grove, IL 60516Off Market
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- $243,8002 bd2 ba1k sqft502 Redondo Dr APT 108, Downers Grove, IL 60516Off Market
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Nearby schools
GreatSchools rating
- NAElizabeth Ide Elementary SchoolGrades: PK-2Distance: 0.2 mi
- 8/10Lakeview Jr High SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Community H S Dist 99 - South High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Elizabeth Ide Elementary School
- Middle: Lakeview Junior High School
- High: South High School
- District: 66
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.
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Estimated market value
$258,000
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Estimated market value
$258,000
- Illinois
- DuPage County
- Downers Grove
- 60516
- 502 Redondo Dr Apartment 502
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