


548 Prairie AvenueDowners Grove, IL 60515
Multi-Family · 5 Beds · 0.19 Acres548 Prairie Avenue Overview
- Time on Site:
- 4 days
- Visits:
- 1
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!
548 Prairie Avenue Facts & Features
- Type Multi-Family
- Lot 0.19 Acres
Details
General
School Information
- School District: 99
- Elementary School: Lester Elementary School
- Middle Or Junior School: Herrick Middle School
- High School: North High School
Income/Expenses
- Insurance Expense: 1621
- Net Operating Income: 43506
- Trash Expense: 648
Building Information
- New Construction: No
- Year Built: 1927
Location/Region
- County Or Parish: DuPage
- MLS Area Major: Downers Grove
- Township: Downers Grove
Community/Development
- Community Features: Park, Curbs, Sidewalks, Street Paved
Tax Information
- Tax Annual Amount: $9,624.96
- Tax Year: 2025
General Information
- Ownership: Fee Simple
- Parcel Number: 0908213025
- Property Type: Residential Income
- Special Listing Conditions: None
Interior
Parking Information
- Half Baths Building: 0
Beds/Baths
- Bathrooms Total: 2
- Bedrooms Total: 5
- Bedrooms Possible: 5
- Full Baths Building: 2
General Information
- Basement: Unfinished, Full
- Foundation Details: Block
- Heating: Natural Gas
- Other Equipment: Ceiling Fan(s), Sump Pump
- Rooms Total: 10
Exterior
Parking Information
- Parking Features: Off Street, Driveway, Yes, Owned
- Parking Total: 5
Lot Information
- Lot Size Acres: 0.19
- Lot Size Dimensions: 8125
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Vinyl Siding
- Roof: Asphalt
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 2700
- Beds Total: 3
- Baths Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 2000
- Beds Total: 2
- Baths Total: 1
548 Prairie Avenue Neighborhood
Community
60515 (DOWNERS GROVE) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.548 Prairie Avenue Monthly Cost
548 Prairie Avenue Market Data
Based on the last 30 days in this zip code
548 Prairie Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/25/2026Source: MRED | June 25, 2026 |
|
| 10/14/2022Source: MRED | Closed |
|
| 9/20/2022Source: MRED | Contingent |
|
| 8/20/2022Source: MRED | Active |
|
| 8/15/2022Source: MRED | August 15, 2022 |



















































