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Friday, April 19, 2013

March Home Sales: Downers Grove Market Shows Big Increase; Median Price Rises Slightly

Downers Grove saw a significant increase in the number of homes sold during the month of march. The median home price rose slightly, according to the Mainstreet Organization of Realtors.

The 39 homes sold in Downers Grove during March 2013 represented a 56 percent increase over March 2012, when 25 homes were sold, according to the Mainstreet Organization of Realtors (MORe). While the number of homes sold increased significantly, the median price of homes sold in March rose slightly in Downers Grove. The median price increased 2.6 percent to $274,000 from $267,000 in March 2012. The market for detached, single-family homes in suburbs throughout DuPage County experienced notable sales gains in March, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Hinsdale had the biggest percentage drop in the number of homes sold, with -37.9 percent fewer homes sold year over year. That adds up to 18 homes sold …

Thursday, April 18, 2013

New Homes For Sale in Downers Grove This Week

Find homes for sale in Downers Grove on this page every week, from our partners at Zillow.

More Downers Grove Real Estate Listings >> Best resources for Downers Grove real estate: Coldwell Banker Coldwell Banker Residential Brokerage - Downers Grove RE/MAX Downers Grove Resources: Related Topics: Real Estate and Zillow

Monday, April 15, 2013

House WOW!

$1.17 Million for Custom Kitchen, Traditional Styling and Luxurious Master Bath

Every week Patch profiles a luxury home currently listed for sale in our community. This week's home is located on Chicago Avenue in Downers Grove.

Address: 612 Chicago Ave., Downers Grove Cost: $1,169,000 Bedrooms: 5 Baths: 5 Square footage: 4,700 Built: 2010 Details: On the market 12 days, this home features traditional styling with neutral colors throughout. The kitchen has an island perfect for dining in, but also has an adjacent eat-in area. The kitchen has high-end stainless steel appliances along with its custom finishes. Throughout the home are custom wood finishes including custom wainscoting, crown moulding, built-ins and wood floors. The master suite features walk-in closets along with a large master bath with a walk-in steam shower. The home also has a newly finished sunroom and outdoor there is a paver patio for entertaining. The yard is fenced, according to the listing. …

Friday, April 12, 2013

Real Estate: What $289,900 Buys You

Comparing and contrasting homes currently for sale. This week's homes are $289,900. The featured homes are from Lemont and Woodridge.

A three-bedroom, three-bath home built in 2012 and on the market more than 400 days is one option for buyers in Woodridge seeking to spend about $289,900. The home at 2567 Cedar Hill Lane has nearly 3,000 square feet of living space and features an open floor plan. In addition, the home has ceramic tile, 9-foot ceilings and a finished basement. The master suite has a walk-in closet, master bath with a soaker tub and walk-in shower. Presented by: The Hall Group, Coldwell Banker Residential-Hinsdale in the Village; 630-789-8280 A two-bedroom, three-bath townhome built in 2008 and in the process of interior updates is an option for buyers with a budget of $289,900 in Lemont. Once complete, the home at 1213 Prairie Lane will have granite …

Thursday, April 11, 2013

SOLD: Local Home Sales April 11 Edition

Find out which homes sold recently in Downers Grove, Darien, Lemont and Woodridge. This week's featured home is located on Durand Drive in Downers Grove.

A model home and new construction sold after nearly 250 days on the Downers Grove real estate market. The townhome at 5601 Durand Dr. sold for $620,000 recently, according to real estate records. The home has three bedrooms, two full baths and one half bath. In addition, it has a finished lower level with a fireplace, according to listing information.  The following home recently sold according to real estate records.  $257,000: 929 Chicago Ave. $365,000: 2231 Tamarack Dr. $205,000: 4915 Douglas Road $324,000: 324 Shady Lane $70,500: 548 73rd St., Apt. 104 $325,000: 13524 Spruce Court $360,000: 1029 119th St. $335,000: 14758 Ashford Dr. $254,000: 7202 Richard Road $75,000: 1501 Darien lake Dr. $100,000: 7901 Knottingham Circle, Apt. A $65,…

Monday, April 8, 2013

House WOW!

$1.375 Million for Custom Bar, Sauna, Master Suite

Every week we feature a luxury home currently listed for sale. This week's featured home is located on Douglas Road in Downers Grove.

Address: 3964 Douglas Road, Downers Grove Cost: $1,375,000 Bedrooms: 7 Baths: 5 Square footage: 5,273 Built: 2007 Details: This home features a vaulted ceiling in the living room with a stone fireplace. The lower-level has a handcrafted pub-style bar with room for entertaining and additional space for a game room. According to the listing, the home underwent $200,000 in upgrades. The master suite features a large walk-in closet, a fireplace and a master bath with a spa-like bathroom. The listing also says the home has a sauna.  The kitchen has high-end appliances, a breakfast bar and adjoining dining area. In addition, the home has a formal dining room, with details including wainscoting and a tray celing. Outdoors the home has a deck and …

Saturday, April 6, 2013

Nearly 28 Percent of Downers Grove Homeowners are Mortgage-Free: Report

Crain's Chicago Business reports 27.9 percent of Downers Grove homeowners own their homes outright.

Thursday, April 4, 2013

SOLD!

SOLD: Local Home Sales April 4 Edition

A look at recent home sales in the Darien, Downers Grove, Lemont and Woodridge area. This week's featured home is located on Lake Avenue in Downers Grove.

A two-story home built in 2012 and completely new inside with more than 3,000 square feet recently sold in Downers Grove for $612,500. The home at 407 Lake Ave., was listed at $599,500, according to listing information. The home has four-bedrooms, three bathrooms and one half-bath. The master bedroom has a luxury master bath and dual walk-in closets.  The following home recently sold according to real estate records.  $45,000: 4220 Saratoga Ave., Apt. 1309 $70,000: 4033 Williams St. $380,000: 5820 Bunning Dr. $53,000: 4248 Saratoga Ave., Apt. 315 $230,000: 4829 Oakwood Ave. $200,000: 6513 Kensington Place $215,000: 800 Houston St. $236,000: 41 Lahinch Drive $267,000: 80 Tamaszewski St. $121:000: 1055 Ripple Rdg. $180,000: 1029 Ripple Rdg…

Nearly 28 Percent of Downers Grove Homeowners are Mortgage-Free: Report

Crain's Chicago Business reports 27.9 percent of Downers Grove homeowners own their homes outright.

Communities with a large segment of senior citizens or high median incomes tend to have the highest percentage mortgage-free homes, according to Crain’s Chicago Business.  According to the Crain's analysis, of 15,121 homeowners in Downers Grove, 27.9 percent, are mortgage-free. These numbers are higher than the Chicagoland average of 26 percent of homeowners being mortgage-free.  If you own a home, are you still paying off your mortgage? When will you be mortgage-free?  Editor's Note: An earlier version of this story misstated the number of mortgage-free homes in Downers Grove. We regret the error. - - - - - - - - - - - - - - -  There are plenty of ways to keep up on Downers Grove news:

Kent Frederick

10:37 pm on Thursday, April 4, 2013

I have a hunch that the survey covered all areas that have Downers Grove mailing addresses, but aren't all within the Village. Think how many houses are in Brookridge. They are all within zip code 60516, but that is all unincorporated.   more ›

Monday, April 1, 2013

Custom Kitchen, Master Suite and Outdoor Entertaining Space for $979,000

Every week Patch profiles a luxury home. This week's home is located on Sterling Road in Downers Grove.

Location: 3903 Sterling Road, Downers Grove Cost: $979,000 Bedrooms: 4 Baths: 4 Square footage: 4,096 Built: 2004 Details: Custom details fill this home’s 4,000 square feet. The home includes an eat-in custom kitchen, a formal dining room, dedicated office space and laundry room. The home also has a large master suite with a bathroom featuring his and her vanities. Wood floors can be found throughout and the home also has a balcony offering an overlook of the living room.   The home has been professionally landscaped and features a patio perfect for outdoor entertaining. Represented by: ERA Team Feinstein; Presented by: Michael Lafido Source: AOL Real Estate Find more Downers Grove, Darien, Lemont and Woodridge real estate information. …

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