500 Redondo Drive 507, Downers Grove, IL 60516
Lake in the Woods · DuPage County
Key Facts
Description
Welcome to the Penthouse ! Top floor living has it's advantages ! You will love the scenic pond view from every room in this spacious 2 bedroom condo. The 30' long balcony gives you more space to relax and enjoy your new home. The patio doors allow the Southern exposure in and makes it light & bright! Super clean and updated throughout. Galley kitchen with extra cabinets and pantry with dining area. Both Bedrooms have sliding glass doors to the balcony and Master bedroom has a walk-in closet. heated indoor garage space plus parking lot for guest. HOA covers: Gas, heat, water, snow removal, lawn care and trash removal.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1969
Stories
5
Living Area
988 sq ft
Lot Dimensions
COMMON
Garage Spaces
1
Parking Spaces
1
Ownership
Condo
Days on Market
15
MLS® Listing#
12534828
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Construction
Roof
Sewer
Rooms
- Bedroom 213X10Main
- Bedroom 3
- Bedroom 4
- Dining Room9X9Main
- Family Room
- Kitchen8X7Main
- Laundry3X3Main
- Living Room18X13Main
- Master Bedroom15X12Main
Schools
- Elementary:
- Elizabeth Ide Elementary School
- Middle:
- Lakeview Junior High School
- High:
- South High School
- District:
- South High School
Financial Details
HOA
$420 / Monthly
Annual Taxes
$3,037
Tax year 2024
Parcel Number
0932219057
Directions
Plainfield Rd to Redondo, left to Building 500. Parking Lot next to building.
Affordability Calculator
$43,000
Estimated monthly payment
$1,144/mo
Principal $172,000 · Est. interest $239,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Downers Grove, IL
- $478,431
- Median Listing Price
- 26
- Median Days on Market
- 1,953
- Median Sq Ft
- $242
- Median Price / Sq Ft
- 460
- Active Listings
- This home’s price is 55% below the area median.
- Its price per sq ft is 10% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Downers Grove, IL.
Location
Points of Interest in Downers Grove, IL
Showing the Downers Grove area map.
Nearby Schools
Elizabeth Ide Elementary School
Elementary · 0.3 mi away
Center Cass School District 66
School · 0.5 mi away
Prairieview Elementary School
Elementary · 0.5 mi away
Lakeview Junior High School
Secondary · 0.5 mi away
Kiddie Academy
School · 0.9 mi away
Eisenhower Junior High School
Secondary · 1.0 mi away
The Wilton School
Secondary · 1.0 mi away
Cass Junior High School
Secondary · 1.0 mi away
Concord Elementary School
Elementary · 1.1 mi away
Goddard School
School · 1.1 mi away
Lace Elementary School
Elementary · 1.1 mi away
Darien School District Admin
School · 1.1 mi away
St John Early Learning Center
School · 1.3 mi away
Champions at Lace Elementary
Elementary · 1.3 mi away
El Sierra Elementary School
Elementary · 1.4 mi away
Argonne Child Development Center
School · 1.7 mi away
Mark Delay School
Elementary · 1.9 mi away
Gower School District 62
School · 2.0 mi away
Gower West Elementary School
Elementary · 2.0 mi away
Peter Pan Day School
School · 2.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 765 GROVE Drive 103, Buffalo Grove, IL | $155,000 | 1 | 1 | 800 |
| 4439 Arbor Circle 1, Downers Grove, IL | $159,000 | 1 | 1 | 620 |
| 101 N Vermillion Street, Troy Grove, IL | $167,000 | 3 | 3 | 1,232 |
| 101 S Spring Street, Franklin Grove, IL | $169,900 | 4 | 2 | — |
| 2343 Ogden Avenue 11, Downers Grove, IL | $169,900 | 1 | 1 | 933 |
| 150 Lake Boulevard 107, Buffalo Grove, IL | $170,000 | 1 | 1 | 750 |
Moving Cost Estimate
EXIT Agents in Downers Grove
Listing Courtesy: eXp Realty - (630) 835-1235
Last Updated: 2026-06-29