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    Downers Grove, IL
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    Downers Grove, IL Multifamily Properties for Sale

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    Lombard, IL Oak Brook, IL Lisle, IL Westmont, IL Woodridge, IL Glen Ellyn, IL Oakbrook Terrace, IL Villa Park, IL
    Duplex with Enclosed Front Sunroom
    Updated: Jun 25
    Duplex with Enclosed Front Sunroom

    548 Prairie Avenue, Downers Grove, IL 60515

    $600,000
    0.19 AC lot
    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
    Enclosed front sunroom with wrap‑around windows
    In‑unit washer and dryer for each unit
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Downers Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Spacious Lake Hinsdale Village Condo
    Spacious Lake Hinsdale Village Condo

    501 Lake Hinsdale Drive #307, Willowbrook, IL 60527

    $360,000
    1,832 sqft

    Updated two-bedroom condo with family room, skyline views, and amenities.

    View details
    Lake Hinsdale Family Room Unit
    Lake Hinsdale Family Room Unit

    601 Lake Hinsdale Drive #307, Willowbrook, IL 60527

    $323,000
    1,832 sqft

    Desirable unit with fireplace, balcony, and lake access.

    View details
    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.

    View details
    2018 Custom Duplex Property
    2018 Custom Duplex Property

    4906 Center Ave, Lisle, IL 60532

    Contact for pricing

    Newer 2018-built duplex offering two attached units with in-unit laundry, garage space, and outdoor living areas.

    View details

    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.

    View details

    Downers Grove, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Downers Grove, IL on our real estate platform.

    Sale prices for multifamily properties in Downers Grove, IL average $600,000 — 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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