Closed

$249,999

502 Redondo Drive, Downers Grove, IL 60516
2 Beds2 Baths0 sqft15 days
502 Redondo Drive·Downers Grove, IL 60516
2Bedrooms
2Bathrooms
0Sq Ft
1969Year Built
About This Home

***This property qualifies for a limited-time lender-paid 2-1 buydown for reduced monthly payments for the first 2 years at NO cost to the buyer or seller!!! (Lender flyer is available under additional info). Penthouse level, the best condo in the complex is now for sale, not to be missed! Top floor without neighbors above it, a true gem with access to its 30 ft long balcony from each room, the easier to enjoy sunny days outside year-round due to its perfect southern exposure. This immaculate condo features in-unit washer and dryer, updated bathrooms, fresh paint and newer SS appliances. The kitchen has a built-in panelled dishwasher, oversized farmhouse sink, butcher block countertops and leads to a generous-sized dining area with built-in wine rack. HOA monthly assessment includes everything, the owner pays only for electricity! This building does NOT have the master HOA additional assessment, hence the lower monthly. Included are a heated 1 car parking in garage, with storage cabinets on the wall PLUS a separate storage locker. A very well-maintained, secure building backing out to a gorgeous nature and lake area with tons of greenspace. Nothing to do-just to move in! Welcome home.

MLS# 12495908Listed October 15, 2025ResidentialSubdivision: Lake in the Woods
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths1
Half Baths1
Total Rooms5

Size & Structure

Living Area0 sqft
Stories1
Garage Spaces1
Year Built1969
Lot SizeCOMMON

Location

CountyDuPage
TownshipDowners Grove
SubdivisionLake in the Woods
Zip Code60516

Financial

List Price$249,999
Annual Taxes (2024)$2,943
Monthly Tax Est.$245
Parcel #0932218051
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigerator

Flooring

Hardwood

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

Washer HookupIn Unit
Exterior & Lot

Construction

Brick

Foundation

Concrete Perimeter

Exterior Features

Balcony

Lot Features

Common GroundsLandscaped
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Electric

Circuit Breakers

Parking

Garage Door OpenerHeated GarageYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$371
Monthly

HOA Includes

HeatWaterGasParkingInsuranceSecurityExterior MaintenanceLawn CareScavengerSnow Removal
Schools
Elementary
Elizabeth Ide Elementary School
District: 66
Middle School
Lakeview Junior High School
District: 66
High School
South High School
District: 99
Tax & Financial
Annual Taxes
$2,943
Tax Year 2024
Monthly Tax Est.
$245
per month
Property Location

502 Redondo Drive, Downers Grove, IL 60516 — DuPage County

$249,999
502 Redondo Drive
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
15 days on market
1-car garage
COMMON
$2,943/yr taxes
$371 HOA (monthly)
$1,930
estimated monthly payment
Principal & Interest
$1,314/mo
Property Tax
$245/mo
HOA
$371/mo
$249,999
20% — $50,000
3%50%
6.875%
3%12%
Loan Amount
$199,999
Down Payment
$50,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Nicholson Real Estate Inc.
Agent: Charles Nicholson
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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