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  • $428,000

    503 Lake Ave, Downers Grove, IL 60515

    3beds
    1,195sqft
    Single Family Residence
    Built in 1958
    10,454 Square Feet Lot
    $446,200 Zestimate®
    $358/sqft
    $3,022 Estimated rent

    Home value

    $446,200

    $424,000 - $469,000

    $3,022/mo

    Zestimate® history
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    What's special

    Solid brick ranchHardwood floorsCement driveway and patio
    Beautiful, solid brick ranch in North Downers Grove with an unfinished basement and 2 Car detached garage. Hardwood Floors, windows were replaced. Furnace and Central Air replaced in 2023. Roof in 2020. Six panel oak interior doors. Cement driveway and patio. 83x132 lot with a private back yard. North Downers Grove location. This home is located at the end of a no outlet street. Very quiet location yet near everything!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Braatz, ABR,CRS,GRI 630-258-7677,

    RE/MAX Enterprises

    Bought with:

    Timothy Good

    Keller Williams Preferred Rlty

    Source: MRED as distributed by MLS GRID,MLS#: 12510664MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14X11
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Bedroom 3
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Kitchen
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14X10
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 260 Square Feet
    • Dimensions: 20X13
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Humidifier
    Features
    • Flooring: Hardwood
    • Basement: Unfinished,Exterior Entry,Full
    Interior area
    • Total structure area: 2,386
    • Total interior livable area: 1,195 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Detached, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    • Patio & porch: Patio
    Lot
    • Size: 10,454 Square Feet
    • Dimensions: 82x132
    Details
    • Parcel number: 0905416003
    • Special conditions: None
    • Other equipment: Ceiling Fan(s), Sump Pump

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Clad Trim
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1958
    Details
    • Builder model: Ranch

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights, Street Paved
    HOA
    • Services included: None
    Location
    • Region: Downers Grove

    Financial & listing details

    • Price per square foot: $358/sqft
    • Tax assessed value: $159,460
    • Annual tax amount: $8,213
    • Date on market: 12/16/2025
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/16/2026Sold$428,000-4.9%$358/sqft
    Source: MRED as distributed by MLS GRID #12510664 Report a problem
    1/3/2026Contingent$449,900$376/sqft
    Source: MRED as distributed by MLS GRID #12510664 Report a problem
    12/16/2025Listed for sale$449,900+216.8%$376/sqft
    Source: MRED as distributed by MLS GRID #12510664 Report a problem
    8/2/1994Sold$142,000$119/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,213 +5.8%$159,460 +8.8%
    2023$7,763 +3.2%$146,590 +5.6%
    2022$7,522 +6.9%$138,800 +1.2%
    2021$7,036 +2%$137,220 +2%
    2020$6,900 +3.5%$134,510
    2019$6,668 +4.5%--
    2018$6,384 +3.5%$122,690 +3.9%
    2017$6,168 +2.3%$118,060 +4.8%
    2016$6,030 +1.5%$112,670 +6.3%
    2015$5,942 +10.6%$106,000 +12.4%
    2014$5,371 +2.1%$94,320 +0.5%
    2013$5,260 +1.7%$93,880 -4.3%
    2012$5,174 +1.2%$98,100 -6.1%
    2011$5,111 -9.6%$104,470 -15%
    2010$5,656 +1.1%$122,860 -5.8%
    2009$5,594 +25.4%$130,410 +19.1%
    2008$4,462 +3.8%$109,500 +5.9%
    2007$4,297 +8.9%$103,400 +10.2%
    2006$3,946 +4.3%$93,820 +7.7%
    2005$3,785 +14%$87,110 +16.7%
    2004$3,321 +2.3%$74,640 +10%
    2003$3,246 +10.2%$67,860 +16.8%
    2002$2,946 +3.7%$58,120 +6.8%
    2001$2,840 +2.2%$54,430 +3.5%
    2000$2,780 $52,590
    Find assessor info on the county website

    Neighborhood: 60515

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lester Elementary School
    • Middle: Herrick Middle School
    • High: North High School
    • District: 58

    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
    $446,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $446,200