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Duplex with Enclosed Front Sunroom
For Sale
Under Contract
$600,000

548 Prairie Avenue, Downers Grove, IL 60515

MULTI_FAMILY - Downers Grove, IL

Property SizeContact for details
Lot Size0.19 Acres
Days on Market49

Property Features for 548 Prairie Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Basement
Parking 5
Parking features Driveway, Off Street, Owned
Patio and Porch features Deck
Basement Full, Unfinished
Elementary school Lester Elementary School
Middle school Herrick Middle School
High school North High School
Elementary school district 58
Middle school district 58
High school district 99
Directions Prairie Ave W of Fairview
Subdivision Downers Grove
Standard status Active Under Contract
APN 0908213025
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9625

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1927
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: Platinum Partners Realtors
Listed By: Sabrina Glover · License #475168174
Added: Jun 25 Changed: Aug 1 Last Checked: Aug 12 at 9:06AM
MLS# 12683140

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This well maintained two-unit duplex (a “two flat”) offers a practical income setup with both units currently leased. The main level includes 1,129 square feet of above-grade living space with three bedrooms and one full bath. It features an open layout, an arched doorway, abundant natural light, and an updated kitchen with quartz countertops, white cabinetry, and stainless steel appliances including a gas range, dishwasher, and refrigerator. The remodeled bath includes a marble style tiled tub surround and tile flooring. An enclosed front sunroom with wrap-around windows provides flexible space, and there is an in-unit washer and dryer. The basement adds storage and additional utility.

The second floor unit provides 886 square feet with two bedrooms and one full bath. It includes a spacious living area with ceiling fans and natural light, plus a kitchen with quartz countertops, a gas range, dishwasher, and stainless refrigerator. The updated bath offers a modern vanity and luxury vinyl plank flooring. This unit has a private entrance and its own in-unit washer and dryer.

Tenants pay their own electric, gas, heat, scavenger, sewer, and water. Five exterior parking spaces are included. The property sits on a 0.19-acre lot and was built in 1927, with vinyl siding, natural gas heat, a deck, and an asphalt roof. Public water and public sewer serve the home.

Key Highlights

  • Both units currently leased for immediate occupancy
  • Main level unit: 1,129 SF with three bedrooms and one full bath
  • Second floor unit: 886 SF with two bedrooms and one full bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Catering Service Bakery (Bike/Boat/Book/etc) Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 60515, IL

29,278
Population
12,443
Households
2.4
Avg Household Size
43
Median Age
61%
College-Educated
98%
High-School Grad
11.8 sq mi
ZIP Area
2,481
Density / Sq Mi
$121,358
Median Household Income
$69,341
Median Earnings
$1,563
Median Rent
$453,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit Downers Grove duplex with both units leased, plus an enclosed front sunroom and in-unit washer and dryer.
Where is this duplex located?
The property is located at 548 Prairie Avenue Downers Grove, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Both units currently leased for immediate occupancy; Main level unit: 1,129 SF with three bedrooms and one full bath; Second floor unit: 886 SF with two bedrooms and one full bath
More about this property
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