ClosedPrice Reduced

$227,000

$240,000
505 Redondo Drive, Downers Grove, IL 60516
2 Beds1 Baths0 sqft40 days
505 Redondo Drive·Downers Grove, IL 60516
2Bedrooms
1Bathrooms
0Sq Ft
1969Year Built
About This Home

Don't miss this fantastic opportunity to own a beautifully maintained, move-in ready 2-bedroom, 1-bathroom condo in the peaceful Lake in the Woods community. This charming home offers breathtaking lake views that can be enjoyed right from your private balcony. Step inside (right off the elevator) to find a well-cared-for unit featuring updated tile flooring in the entryway, kitchen, and hallway. The bright and inviting kitchen is equipped with crisp white cabinetry and barely touched appliances, providing a clean and functional space for cooking and entertaining. The spacious dining area flows seamlessly into the large living room, which is filled with natural light from the sliding glass doors leading to the balcony. The generously sized primary bedroom also has direct access to the balcony and includes a large walk-in closet for ample storage. The second bedroom is ideal as a guest room or home office and features built-in cabinetry and a convenient desk area. The updated bathroom includes a modern step-in shower with a sleek glass door. Convenient in-unit washer & dryer! Additional features include a newer furnace (2016), hot water heater (2021), and a coveted 1-car heated garage space, close to the elevator! Tucked away in a serene setting, yet close to everything-this gem won't last long.

MLS# 12348397Listed May 16, 2025ResidentialSubdivision: Lake in the Woods
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories5
Garage Spaces1
Year Built1969
Lot SizeCOMMON

Location

CountyDuPage
TownshipDowners Grove
SubdivisionLake in the Woods
Zip Code60516

Financial

List Price$227,000
Original Price$240,000
Annual Taxes (2023)$2,298
Monthly Tax Est.$192
Parcel #0932217015
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalHumidifier

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

In Unit
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

Balcony

Lot Features

Common GroundsLandscaped
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

AsphaltGarage Door OpenerHeated GarageOn SiteGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$432
Monthly

HOA Includes

HeatWaterGasParkingInsuranceExterior MaintenanceLawn CareScavengerSnow Removal

Community Features

Street Lights
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
$2,298
Tax Year 2023
Monthly Tax Est.
$192
per month
Price Reduced by $13,000
Original list price: $240,000
Property Location

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

$227,000
505 Redondo Drive
2 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
40 days on market
1-car garage
COMMON
$2,298/yr taxes
$432 HOA (monthly)
Price reduced $13,000
$1,816
estimated monthly payment
Principal & Interest
$1,193/mo
Property Tax
$192/mo
HOA
$432/mo
$227,000
20% — $45,400
3%50%
6.875%
3%12%
Loan Amount
$181,600
Down Payment
$45,400

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

Listed by
Wenzel Select Properties, Ltd.
Agent: Lisa Wenzel
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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