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Downers Grove Real Estate

Get Cash at Closing When Purchasing in Downers Grove, IL

Downers Grove is a conveniently-located community in the western suburbs of Chicago. Accessible directly off of Interstate-88 and the Burlington-Northern railway, Downers Grove is a favorite of many suburban commuters traveling to and from Chicago. The town offers a wide range of housing, excellent schools, and a quaint downtown area.

Founded in 1832, Downers Grove has a diverse range of homes both architecturally and in price. While many of the older homes have been tore down to create room for newer and larger structures, many fine examples of 19th century housing can be found near the center of town. Downers Grove also boasts a large collection of Sears-Roebuck Catalog Homes, built using purchased kits between 1908 and 1940.

The school systems in Downers Grove are excellent and students typically score higher than average on state exams. Downers Grove is also home to the prestigious The Avery Coonley School, a private learning institution for academically gifted children. The town prides itself on its educated population and is an excellent place to raise a family.

Downers Grove is located by many nearby shopping malls such as Yorktown Center and nearby OakBrook Center. You'll find many fine dining establishments throughout the area including downtown.

Median Home Prices in Downers Grove, IL

Prices for real estate in Downers Grove are reasonable especially when you consider the excellent location and top-rated schools.

NeighborhoodProperty TypeYearQ1Q2Q3Q4
Downers GroveCondos and Townhomes2008$194,000$188,000$148,000$155,375
Downers GroveCondos and Townhomes2009$133,750$139,000$142,750$125,475
Downers GroveCondos and Townhomes2010$140,000$205,000$102,250$180,000
Downers GroveCondos and Townhomes2011$95,000   
Downers GroveSingle Family Homes2008$384,500$363,750$370,500$405,000
Downers GroveSingle Family Homes2009$275,000$359,990$306,153$319,000
Downers GroveSingle Family Homes2010$300,000$315,000$350,000$274,500
Downers GroveSingle Family Homes2011$287,000   

Source: Chicago Association of Realtors; data deemed accurate but not guaranteed.

If you are looking to purchase real estate in Downers Grove you may be able to receive $1,000s in cash at closing with our Buyer Rebate Plan. Call us today at 312-282-7349.

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