1340 PALMER Street, Downers Grove, IL 60516
DuPage County
Key Facts
Description
This distinguished two-story colonial residence has undergone comprehensive renovations, ensuring each detail is refined to the highest standard. Notable upgrades and recent installations include an expansive screened sunroom and brick paver patio overlooking the professionally landscaped fenced in yard offering the perfect space for back yard fun. The playset installed 2019 will remain with the home. An updated and modernized white kitchen with quartz countertops, stainless steel appliances and center island. Newer premium hardwood flooring on the main level. The fully finished basement with a kitchenette offers great additional space for entertaining, recreation or movie time. The second floor features 4 bedrooms and 2 full bathrooms as well as a convenient laundry space. The list of recent upgrades continues with epoxy-floored garage, fresh interior paint and carpeting, as well as updated windows, roofing, siding, and HVAC system. This home offers exceptional curb appeal, highlighted by a welcoming front porch. Its prime location provides convenient pedestrian access to local schools and is within close proximity to the shops, dining, and commuter rail station of downtown Downers Grove. Welcome home!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Colonial
Year Built
1973
Living Area
2,840 sq ft
Lot Size
0.26 acres
Lot Dimensions
79 X 141
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
2
MLS® Listing#
12701191
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Other Structures
Community
Sewer
Rooms
- 28X22Basement
- 15X14Main
- 10X12Main
- Bedroom 213X10Second
- Bedroom 313X12Second
- Bedroom 416X11Second
- Dining Room14X10Main
- Family Room20X12Main
- Kitchen13X13Main
- Laundry
- Living Room20X12Main
- Master Bedroom18X10Second
Schools
- Elementary:
- Kingsley Elementary School
- Middle:
- O Neill Middle School
- High:
- South High School
- District:
- South High School
Financial Details
Annual Taxes
$9,070
Tax year 2025
Parcel Number
0919207017
Directions
Dunham south of 63rd to Palmer, east to house. OR Main St. south of 63rd to Palmer, then west.
Affordability Calculator
$179,980
Estimated monthly payment
$4,790/mo
Principal $719,920 · Est. interest $1,004,352 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Downers Grove, IL
- $473,377
- Median Listing Price
- 26
- Median Days on Market
- 1,948
- Median Sq Ft
- $242
- Median Price / Sq Ft
- 469
- Active Listings
- This home’s price is 90% above the area median.
- Its price per sq ft is 31% above 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
Champions at Kingsley Elementary
Elementary · 0.1 mi away
Kingsley Elementary School
Elementary · 0.1 mi away
Downers Grove South High School
Secondary · 0.3 mi away
Community High School District 99
Secondary · 0.5 mi away
Downers Grove Grade School District 58
School · 0.7 mi away
Champions at Indian Trail Elementary
Elementary · 0.7 mi away
Indian Trail Elementary School
Elementary · 0.7 mi away
Hillcrest Elementary School
Elementary · 0.9 mi away
El Sierra Elementary School
Elementary · 1.0 mi away
Precious Lambs Early Learning
School · 1.0 mi away
Good Shepherd Ev Lutheran School
School · 1.0 mi away
Fairmount Elementary School
Elementary · 1.1 mi away
Champions at Fairmount Elementary
Elementary · 1.1 mi away
O Neill Middle School
Secondary · 1.2 mi away
The Wilton School
Secondary · 1.3 mi away
Pathway Montessori
Elementary · 1.4 mi away
Downers Grove Adventist School
School · 1.4 mi away
The Avery Coonley School
Elementary · 1.5 mi away
Meadowview Elementary School
Elementary · 1.6 mi away
Thomas Jefferson Junior High School
Secondary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7745 Beckwith Road, Morton Grove, IL | $634,900 | 3 | 3 | 2,400 |
| 3220 Saratoga Avenue, Downers Grove, IL | $639,000 | 4 | 3 | 1,675 |
| 614 Pine Street, Sugar Grove, IL | $639,900 | 4 | 3 | 3,006 |
| 1410 Margate Drive, Buffalo Grove, IL | $647,800 | 4 | 3 | 2,279 |
| 7205 Pierceshire Road, Spring Grove, IL | $649,000 | 4 | 4 | 2,844 |
| 7720 Maple Street, Morton Grove, IL | $649,000 | 3 | 3 | 1,827 |
Moving Cost Estimate
EXIT Agents in Downers Grove
Listing Courtesy: Compass - 6308611800
Last Updated: 2026-07-14