6 months on rocket

505 Lincoln Ave, Downers Grove, IL, 60515

$1,999,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths, 1 Partial
6,000 SqFt
$333/SqFt
House
Schools Nearby

Location

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505 Lincoln Ave, Downers Grove$1,999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year BuiltNew Const., 2023
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #11923512
Lot Size0.26 Acres
StatusActive

About 505 Lincoln Ave

'HAPPY SPRING"..."HAPPY HOME"...""HAPPY BUYERS...Come SEE this GRAND "NEW CONSTRUCTION" 2-Story "GORGEOUS & GLAMOROUS" Home w/LP Siding, Stone Exterior, Underground Sprinkler System & Many Oversized Pella Windows to let the Sun Shine IN....ALL the "BELLS & WHISTLES" are "Included" inside & outside!! Time to Write your contract NOW so you can "Celebrate" your New Home & Upcoming 4th of July with a Party on your Covered Back Porch & BBQ on your 14 x 16 Paver Brick Patio...OR...watch Fireworks from your "MASSIVE" Wrap Around Covered Front & Side Porch w/STONE ACCENTS** ELEGANT & NUMEROUS Features Included Thru-out this 6,000 Sq Ft FINISHED LIVING SPACE located on a LARGE CORNER LOT in the Historic Town of Downers Grove** Award Winning DG NORTH HIGH SCHOOL District 99 & Lester Elementary & Herrick Middle School, as well as, St Joseph School are all Close by & Well-Received in this Community** HUMMER PARK located down the road w/covered BBQ Station & Plenty of Seating Area & FUN activities for All...SO MUCH OFFERED in this 7 BR, 5.1 Bath, FULL Finished Basement w/ 3 Car Attached Garage Home** Starting with 10'Ft CEILINGS with Recessed Lighting & Hardwood Floors ALL on MAIN 1st FLOOR. Also, a Favorable "1st Floor" Guest (6th) BR has FULL Bath & Deep Walk-In-Closet... ENJOY the BRIGHT Separate Dining Rm, & "OPEN FLOOR PLAN DESIGN" that completes the SPACIOUS Family Rm w/"FLIP SWITCH" Gas Starter Fireplace & Marble Hearth, Kitchen, & Breakfast Eating Area! This Modern, EXQUISITE KITCHEN complete w/Custom Designed Cabinets & Backsplash, ENORMOUS 8.5 ft Island w/Quartz Countertop & seating area, Walk-In Pantry, & an Additional Butler Pantry w/Undermount Wine Cooler... You will "APPRECIATE" ALL the "HIGH END SUB-ZERO/WOLF APPLICANCES", Oven-Double, Oven-Range, SubZero Refrigerator, Microwave, Dishwasher ** Off the Kitchen Breakfast Eating Area just SIT & RELAX out on the "PRIVATE COVERED PORCH". Mud Room with Spacious Cubbies, Closet, & Access to 3 Car Garage or WRAP Around Covered Porch w/Recessed Lighting in the Wooden Ceilings. Designer "OPEN STAIRCASE" Leads you to 2nd Floor w/9'Ft Ceilings, Spacious Hallway w/Hardwood Flooring, Laundry Rm w/sink, & 5 BR's!! Double Entry Doors to PRIMARY BedRm w/Hardwood Floors, including EXQUISITE Ensuite Luxury Bath w/ "Separate" Frameless Shower & "Separate" LAVISH SPA Soaking Tub, Dual Sinks, Modern Mirrors & Lights, along with "HUGE" Walk-in Closets!! BR 2 & 3 have "Jack & Jill" shared Roomy FULL Bath & BR 4 with PRIVATE En-suite & Large WIC, too!! Take advantage of the 5th BR which can be used as a Bonus Rm for many uses: Office/Study/Exercise Rm or Nursery!! The FULL FINISHED LOOK OUT BASEMENT is ENORMOUS & SPACIOUS w/10'Ft Ceilings & offers 7th BR, Full LUXURY Shower Bath, & Wet Bar Hook-Up..ready for your own designs.. Dual Zoning Heating & A/C. "CONVENIENTLY LOCATED" to DG town w/Metra Train, Quaint Shops, Coffee Houses, Fine Dining, Ice Cream Shops, Old World Tivoli Movie Theater, Music Festivals, Numerous Parks, & Close to Many Major Expressways!! "MUST HURRY" as Time is Ticking to Choose your Paint Colors ...NOW is the time to Contact Karen to set an appointment to WALK THRU THIS BEAUTIFUL "OPEN DESIGNED" FLOOR PLAN HOME.. Get ready to MOVE INTO YOUR "NEW HOME" SOON!! CALL TODAY FOR MORE DETAILS!!

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 6,000 SqFt

Listing Office:

  • Office Name: RE/MAX Enterprises
  • Office Phone: (630) 964-3000
  • Listing Agent: Karen Reicher

Interior Features

Interior Information:

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Wine Cooler, Range Hood
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, Second Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Ceiling - 10 Foot, Ceiling - 9 Foot, Ceilings - 9 Foot, Open Floorplan, Separate Dining Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Community High School District 99 - North High School, Public District Grades 9-12
  • Herrick Middle School, Public District Grades 7-8
  • Lester Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Fairview Ave to Lincoln Ave (go west on Lincoln to the Corner of Lincoln & Douglas Rd... AREA for Lincoln & Douglas is: (N) of Prairie Ave....(S) of Ogden Ave... (E) of Main Street...(W) of Fairview Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,000
  • Price Per SqFt: $333/SqFt

Tax Information:

  • Annual Amount: $4,596
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Downers Grove, IL.

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Downers Grove, IL

City

Med. Sold Price

$432.9K

Med. Price/SqFt

$233

Avg. Days On Market

20

# of Sold Homes

59

505 Lincoln Ave vs Downers Grove

180 DAYS ON ROCKET

+160 Days

$1,999,000

+$1.5M More

$333/SqFt

+$100 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $100/SqFt more than other homes in Downers Grove, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11923512

Listing Office:

  • Office Name: RE/MAX Enterprises
  • Office Phone: (630) 964-3000
  • Listing Agent: Karen Reicher

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Last updated on: 5/2/2024, 12:45:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$4,596$81,380
2018$4,622$80,870
2017$4,852$84,220

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,060

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4529446
8
/10

  • Lester Elementary School

  • 236 Indianapolis Ave

  • 0.24 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4529447
6
/10

  • Herrick Middle School

  • 4335 Middaugh Ave

  • 1.06 miles

  • Public District Grades 7-8

High School

school-card-donut-4529448
8
/10

  • Community High School District 99 - North High School

  • 4436 Main St

  • 0.76 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,500. Residents of Downers Grove, IL typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Lincoln Ave

What is the listing price of this property?

The listing price of 505 Lincoln Ave property is $1,999,000.

What type of property is this?

The property 505 Lincoln Ave is a house located in Downers Grove, Illinois, 60515.

Is this property for sale now?

Active Listing: 505 Lincoln Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 Lincoln Ave are:
Lester Elementary School: GreatSchools Rating 8/10
Herrick Middle School: GreatSchools Rating 6/10
Community High School District 99 - North High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $4,596 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 Lincoln Ave has 7 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 505 Lincoln Ave is 6,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Lincoln Ave is 2023.

Rocket Homes›Illinois›DuPage County›Downers Grove›60515›505 Lincoln Ave

This home is located at 505 Lincoln Ave in Downers Grove, IL and zip code 60515 in the Streets neighborhood. This 6,000 square foot home, which was built in 2023, sits on a 0.26 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $1,999,000.

In April 2024, from all listings sold in Downers Grove, IL there were more than 31 sold above asking price, over 14 sold below and more than 14 were sold right at the asked price. In April 2024 in Downers Grove, IL there were 20.2% more homes for sale than in March 2024. While the average time on the market in April 2024 was 20 days, the median list price was $432,941.

From Rocket Homes Real Estate and based on county public records data.

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