See Home Value
Downers Grove 60515
5008 Florence Avenue
$455,808*
Multifamily - Off Market

5008 Florence Avenue

Downers Grove, IL 60515
bedrooms
6 Beds
bathrooms
0 Bath
$365,000 - $445,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Location, Location, Location! Attention buyers looking for owner occupied investment properties, builders and investors. This profitable 3 unit rental property is located just 2 blocks from the BNSF train station at Fairview in beautiful Downers Grove. Built as a 2 flat with a legal 1 bedroom addition, this property has loads of potential with solid masonry construction and great bones. Upper level unit is 3 bed, 1 bath, spacious kitchen, hardwood floors (also under carpet), and dual vanity bath. Lower level is 2 bed 1 bath. Addition is 1 bed/1 bath. All 3 units have heat included in rent via baseboard heaters/boiler. 2 Car Garage is oversized and allows lots of storage. 5 parking spots as is but 1 more could be added. Roof is approx 6 years old, masonry/tuck pointing is in great shape, all floors are solid and level (no sloping floors!), no uneven walls or cracks in ceiling.  Great neighborhood, schools, shopping, commuting, easy access to highways. What more do you need? Keep as a rental or convert to single family home and keep 1BD as an in-law suite or rental to help pay the mortgage. See broker private remarks for additional details.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$8,018
HOA Dues
-
Year Built
1957

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 5, 2020 Sold to Jian Wei Wang $378,000
Sold to Jian Wei Wang
Sep 13, 2020 In contract -
In contract
Aug 26, 2020 Price Decreased $405,000
↓ $19K (4.5%)
Price Decreased
Nov 24, 2019 Price Decreased $424,000
↓ $15K (3.4%)
Price Decreased
Show More

Property Highlights

Garage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,000 ft²
$395/ft²
$395,000 Jul 12, 2023
-
$540/mo
House
3 Beds
2 Baths
1,418 ft²
$281/ft²
$399,000 Jun 17, 2023
-
$483/mo
House
2 Beds
1 Bath
1,070 ft²
$374/ft²
$400,000 Jul 18, 2023
-
$420/mo
House
3 Beds
1 Bath
933 ft²
$348/ft²
$325,000 Jul 11, 2023
-
$343/mo
Land
Loft
-
-
$325,000 Feb 28, 2023
-
$549/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190903
09/03/2019
6 Bed
3 Bath
2438 ft²
$439,000
bedrooms
6 Bed
bathrooms
3 Bath
square feet
2438 ft²
-
-
-
-

Building Info

5008 Florence Avenue 5008 Florence Avenue, Downers Grove, IL 60515
More about this Building
5008 Florence Avenue
Want to find out who owns 5008 Florence Avenue, Downers Grove, IL 60515? Get detailed property transactions here .

About Downers Grove


Similar Homes for Sale

Unit for sale at 416 Chicago Avenue, Downers Grove, IL 60515

$325,000

  • Land
416 Chicago Avenue, Downers Grove, IL 60515 Listing by Melanie Broderick
Unit for sale at 306 Lincoln Avenue, Downers Grove, IL 60515

$325,000

  • 3 Beds
  • 1 Bath
  • 933 ft²
306 Lincoln Avenue, Downers Grove, IL 60515 Listing by Patricia Stueber
Unit for sale at 4809 Cumnor Road, Downers Grove, IL 60515

$400,000

  • 2 Beds
  • 1 Bath
  • 1,070 ft²
4809 Cumnor Road, Downers Grove, IL 60515 Listing by Deborah Mack

Nearby Rentals

Unit for rent at 319 Indianapolis Avenue, Downers Grove, IL, 60515

$3,000 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,269 ft²
319 Indianapolis Avenue, Downers Grove, IL, 60515 Listing by Daniel Litzhoff
Unit for rent at 17 W Naperville Road, Westmont, IL, 60559

$2,200 /mo

  • 2 Beds
  • 2 Baths
17 W Naperville Road, Westmont, IL, 60559 Listing by Meredith Lannert
Unit for rent at 308 N Lincoln Street, Westmont, IL, 60559

$1,800 /mo

  • 2 Beds
  • 1.5 Baths
  • 835 ft²
308 N Lincoln Street, Westmont, IL, 60559 Listing by Andy Dadlani


Quantcast