Multifamily

Downers Grove, IL Multifamily Properties for Sale

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Lombard, IL Woodridge, IL Westmont, IL
Two-Unit Residential Income Duplex
Updated: Jun 25
Two-Unit Residential Income Duplex

548 Prairie Avenue, Downers Grove, IL 60515

$600,000
0.19 AC lot
Downers Grove two‑flat built in 1927 with vinyl siding, asphalt roof, and natural gas heat
Both units currently leased; main level offers 1,129 SF with 3 bedrooms and 1 full bath
Second floor unit offers 886 SF with 2 bedrooms and 1 full bath, plus its own private entrance
In‑unit washer/dryer: main level includes W/D and second‑floor unit has W/D as well
Updated kitchens with quartz countertops and stainless steel appliances including gas range and dishwasher
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Mixed-Use Investment Property For Sale
Updated: Mar 5
Mixed-Use Investment Property For Sale

425 Burlington Ave, Downers Grove, IL 60515

$1,257,560
Stable mixed‑use investment with diversified income.
Long‑term NNN lease with Downers Grove Dental and Orthodontics, corporately guaranteed.
Predictable passive income due to the NNN lease structure.
Attractive Downers Grove location, a supply‑constrained market.
Proximity to Downtown Downers Grove and the Metra Station.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Downers Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Corner Duplex with Flex Use
Remodeled Corner Duplex with Flex Use

323 S Hale Street, Wheaton, IL 60187

$600,000
0.16 AC lot

Remodeled corner duplex in a C-4 zone with flexible living or mixed-use layout and multiple entries for separation.

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Updated Condo in Wheaton
Updated Condo in Wheaton

850 Lorraine Road #2M, Wheaton, IL 60187

$215,000
1,100 sqft

Updated 2-bedroom, 2-bath condo in desirable Wheaton location.

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Spacious Corner Unit with Garage
Spacious Corner Unit with Garage

4721 Saint Joseph Creek Road #4A, Lisle, IL 60532

$180,000
1,181 sqft

Large 2 bed, 2 bath corner unit with garage.

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Lisle Commercial Property For Sale
Lisle Commercial Property For Sale

1112 Lisle Place, Lisle, IL 60532

$399,900

Commercial property in Lisle with redevelopment potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Recreational Land Bordering National Forest
Recreational Land Bordering National Forest

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900
0.96 AC lot

RV recreational lot bordering Manistee National Forest.

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Downers Grove, IL Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Downers Grove, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,857,560.

Sale prices for multifamily properties in Downers Grove, IL start at $600,000, averaging $928,780, and reaching up to $1,257,560 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 91K
Population Growth (5Y) +0.7%
Median Household Income $111,414
College Educated 74.7%

High-Yield Neighborhoods for Investment

Identify Downers Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60515 $928.8K

Taxes & Financing

Tax Rate (average for all types) 6.18%
Property Tax per SF $81.76 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in DuPage County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Downers Grove fall within the 100,000+ square foot range.

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