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    3036 Downing Ave Westchester, IL 60154

    New
    For Sale
    $625,000

    Residential Income - Westchester, IL

    Lot size:
    0.15 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for 3036 Downing Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    15294170380000
    Parking
    2.5
    Exterior features
    Outdoor Grill
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1960
    Roof type
    Asphalt
    Architectural style
    Other

    Kale Realty (312) 939-5253 [email protected]

    Listing agent Shlomo Arel (312) 939-5253 License #475158425

    Listing date Dec 2, 2025

    MLS# 12490465 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Westchester Two-Flat Income Property

    This well-maintained, all-brick two-flat in South Westchester is suitable for house-hackers, investors, or extended families. Each unit features 3 bedrooms with hardwood floors, updated bathrooms, and refreshed kitchens with oak cabinets and granite countertops. The second-floor unit includes central air. Windows were installed in 2001. A new roof was installed on both the building and the 2.5-car brick garage in 2018. The finished basement provides additional flexibility with 2 bedrooms, 1 full bath, and coin-operated laundry. Outside, there is a large concrete patio, plus a second aggregate patio. The property is in a location with access to I-290, I-294, and Metra. Unit 1 is currently vacant and can be rented for $2300. The lot size is 0.15 acres. Bedroom sizes are 10X12, 10X11, and 11X13. The total income after expenses is $57044, with a cap rate of 8+. The real estate agent nor the owner are confirming legality of garden unit.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westchester
    County
    Sangamon
    State
    Illinois
    Longitude
    -87.8855
    Latitude
    41.8523

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    FAQs

    What type of property is this?
    Duplex - Well-maintained brick two-flat with income potential in Westchester, IL.
    Where is this duplex located?
    The property is located at 3036 Downing Ave Westchester, IL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - High Income Potential: Unit 1 vacant and rentable for $2300, with a total income after expenses of $57044 and an 8%+ cap rate.; - New Roof (2018): Both building and garage roofs replaced in 2018, ensuring long-term protection and reduced maintenance.; - Finished Basement: Includes 2 additional bedrooms and 1 full bath, offering flexibility for in-laws or extra income.
    (312) 939-5253
    Request Owner's contact information
    3036 Downing Ave Westchester, IL 60154
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    Westchester, IL 60154
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3036 Downing Ave Westchester, IL 60154
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