Downers Grove Homes under $500,000

Downers Grove Homes under $500,000

Welcome to Downers Grove, a vibrant village nestled in DuPage County, Illinois, where charming neighborhoods meet modern conveniences. Known for its rich history and welcoming community spirit, Downers Grove offers residents a perfect blend of suburban tranquility and urban accessibility. With a population of around 50,000, this picturesque town boasts tree-lined streets, beautiful parks, and a bustling downtown area filled with delightful shops and restaurants.

For those seeking an affordable yet desirable place to call home, Downers Grove has a fantastic selection of homes priced under $500,000. From cozy bungalows to spacious townhouses, the real estate market here caters to a variety of lifestyles and preferences. Families will appreciate the highly-rated schools, while young professionals will enjoy the easy commute to nearby Chicago, just a short train ride away.

Imagine enjoying your weekends exploring the scenic trails of the Morton Arboretum or indulging in local events like the Downers Grove Heritage Festival. With a strong sense of community and an array of recreational activities, residents here find ample opportunities to connect and thrive.

Investing in a home in Downers Grove means more than just a property; it’s about embracing a lifestyle filled with warmth and camaraderie. Whether you’re a first-time buyer or looking to downsize, Downers Grove’s attractive housing options under $500,000 make it an ideal choice for your next chapter. Discover the charm and convenience of this delightful village, and let Downers Grove welcome you home!

Newest Downers Grove Homes under $500,000

4551 Fairview Avenue, Downers Grove
$400,000
3 Beds ⋅ 2 Baths ⋅ 12721448 MLS ⋅ NEW Status
Photos will be uploaded Saturday morning at the latest! A welcoming three bedroom ranch with one full and one half bath offers 1,202 square feet of main level living in a location walkable to Lester Elementary and Fairview Avenue Metra. Wood floors and a large picture window bring warmth and natural light to the living room, where a fireplace creates an inviting focal point. The dining area is accented by an updated light fixture, while the kitchen pairs quartz countertops and painted wood cabinetry with stainless steel appliances. All three bedrooms feature wood flooring and share the main level full bathroom. Surrounded by windows, the tiled breezeway offers a comfortable place to relax and connects the home to the attached garage. Downstairs, an unfinished basement provides generous storage, a half bath, and laundry with washer and dryer (2025). Fresh interior paint, new select windows, and exterior door replacements (all 2025) complement the home's welcoming feel, with a newer furnace, air conditioner (2022) and generator backup last serviced (2025) rounding out the improvements. The corner lot includes a fenced yard for outdoor enjoyment, with native plantings along the driveway adding to the setting. Hummer Park is nearby, along with the restaurants, shops, Tivoli Theatre, and all that downtown Downers Grove offers.

4551 Fairview Avenue, Downers Grove
225 Indianapolis Avenue, Downers Grove
$500,000
3 Beds ⋅ 2 Baths ⋅ 12771695 MLS ⋅ NEW Status
Welcome home to this charming updated cape cod perfectly situated in the heart of Downers Grove! Features on the first floor include gleaming hardwood floors on the main level and a convenient first floor full bath and master bedroom. The gorgeous kitchen features espresso cabinetry, granite countertops and stainless appliances. It overlooks the full dining room, where you can enjoy sun filled views of the spacious, fenced backyard. Upstairs you will find two spacious bedrooms and another full bath. Downstairs the finished basement boasts a dedicated built in desk/art center and lots of cabinet storage and built in bins. Relax or entertain on the beautifully laid brick patio that enhances the home's timeless Cape Cod charm. Unbeatable location directly across the street from highly rated Lester Elementary School and just a 6 minute commute to the Metra train station. Furnace/ Garage Door/ Front steps all in '20, washer/dryer "25. Don't miss this turnkey gem.

225 Indianapolis Avenue, Downers Grove
3915 Saratoga Avenue Unit #H117, Downers Grove
$235,000
2 Beds ⋅ 2 Baths ⋅ 12688474 MLS ⋅ NEW Status ⋅ Westbrook West BLDG.
Convenient First Floor Corner Unit facing North. LR has Engineered Harwood Floors, a wood burning fireplace and a sliding glass door leading out to the patio. Two generous sized bedrooms with the Master Bedroom having a private bath. Eat in Kitchen has laminate flooring and a new dish washer. The condo has two wall unit air conditioners. Coin laundry, storage locker and bike storage in the basement of the building. A quiet location yet close to everything! Jewel grocery store, Chase Bank and restaurants are steps away. The complex has lovely landscaping and an outdoor pool. Heat and water is included in the monthly assessment.

3915 Saratoga Avenue Unit #H117, Downers Grove
1720 63Rd Street, Downers Grove
$369,900
2 Beds ⋅ 1 Baths ⋅ 12774364 MLS ⋅ NEW Status
Impeccably maintained 2 bed, 1 bath ranch in Downers Grove is ready for you! Fully remodeled in twenty seventeen and meticulously maintained ever since. Open concept flows naturally, flooded with daylight from every angle. Luxury vinyl plank runs throughout the house. The kitchen is the centerpiece: granite counters, mosaic tile backsplash, stainless steel appliances, and plenty of cabinet space and area to cook. Both bedrooms are genuinely spacious. Updated bathroom has stand up full shower. The full basement with exterior access transforms the footprint with a generous rec room, plenty of storage, and basically doubles the living space. This home sits on a huge 125 x 148 lot. Outside, the brick paver patio is built for it all; grilling, entertaining, and unwinding. The huge asphalt driveway allows for at least 4 cars and plenty of room to not have to reverse out. Super close to schools, parks, shopping, and transportation. If you're looking for a maintenance free home this is it!

1720 63Rd Street, Downers Grove
4241 Washington Street, Downers Grove
$469,000
3 Beds ⋅ 2 Baths ⋅ 12765473 MLS ⋅ NEW Status
Welcome to this charming 3 bedroom, 2 bath ranch offering a comfortable layout and open floor plan. The updated kitchen features SS appliances, granite countertops, a large L shaped island, skylights, large windows and a convenient pantry. The living room has ample space including a two seater bar perfect for creating that cozy spot for entertaining or relaxing. Three spacious bedrooms are located on the main level and share a full bathroom. The lower level provides additional space and includes a second full bath, offering flexibility and opportunity to personalize the space to fit your needs. Step outside to a huge yard with a hot tub and large wraparound porch, including a covered portion that's perfect for grilling in all weather. This home is a must see!

4241 Washington Street, Downers Grove
5601 Lee Avenue, Downers Grove
$435,000
3 Beds ⋅ 2 Baths ⋅ 12736122 MLS ⋅ NEW Status
Space, privacy, and versatility come together in this four-bedroom, two-bath brick ranch set on an impressive .43-acre fenced lot in Downers Grove. With an oversized three-car garage, multiple covered outdoor living areas, and a finished basement with a 41' x 11' recreation room, this home offers plenty of room to live, entertain, work, and enjoy your favorite hobbies. --Brand-New Roof & Gutters on Sept. 2026-- Inside, the open-concept main living area flows easily between the kitchen, dining room, and living room. The bright white kitchen features contrasting countertops, stainless-steel appliances, a center island with seating, and plenty of space for gathering. Three spacious bedrooms and two full baths are located on the main level, with the third bedroom positioned separately for added flexibility and privacy. Downstairs, the fourth bedroom joins the expansive recreation room-perfect for movie nights, a game room, home gym, office, or additional living space-along with a separate laundry and storage room. New Sump with battery backup (2026). Step outside and enjoy the large covered concrete patio overlooking the fenced backyard, plus an additional covered paver patio along the side of the home. Gas hookup for grill. The huge three-car garage provides exceptional space for vehicles, storage, a workshop, or hobbies. Garage heating system conveyed AS-IS. For extra comfort during Chicagoland winters, the home features both gas forced-air heat (2019) and a hot-water heating system. Conveniently located near downtown Downers Grove, I-355, shopping, dining, parks, recreation, and more, this home offers the space and flexibility to make it your own.

5601 Lee Avenue, Downers Grove
2659 Hobson Road, Downers Grove
$330,000
3 Beds ⋅ 3 Baths ⋅ 12772746 MLS ⋅ NEW Status
This spacious home contains five bedrooms and 3 bathrooms. The property is offered in its current condition and presents a foundation with room for improvement and updates. The exterior includes a deck and full-grown trees with mature landscaping throughout the lot. The property is close to Belmont Prairie Nature Preserve, providing access to outdoor recreation and natural space. It is also near Downers Grove Public Library, adding convenient access to community resources. The existing layout and structure offer renovation potential based on the property's current state. Schedule a showing to view the home and evaluate its condition and renovation scope in person. The Seller must comply with HUD Guidelines 24 CFR 206.125.

2659 Hobson Road, Downers Grove
10S221 Suffield Drive, Downers Grove
$460,000
3 Beds ⋅ 2 Baths ⋅ 12771876 MLS ⋅ NEW Status
NEW ROOF/GUTTERS/SOFFITS AND FASCIA!!! NEW WINDOWS!!! NEW SIDING!!! NEW A/C & FURNACE BLOWER!!! NEW FLOORING/CARPET/PAINT. Welcome home to this beautifully updated tri-level home, perfectly situated on a quiet, tree-lined street in a highly desirable location. Offering 3 bedrooms, 1.1 bathrooms, and a spacious, functional floor plan, this move-in-ready home combines modern updates with comfortable everyday living. Nearly every major component has been updated, providing peace of mind for years to come, including the roof, windows, siding, gutters, soffits, fascia, flashing, new front room flooring, new carpet, and freshly painted interior, furnace, and central A/C. Almost the entire home has been thoughtfully refreshed, allowing the next owner to move right in without the worry of costly big-ticket improvements. Enjoy generous living spaces, a 2-car garage, and a large backyard with plenty of room to entertain, garden, or simply relax. Located in an excellent school district and just minutes from shopping, dining, parks, and everyday conveniences, this home also offers easy access to I-355 and I-88, making commuting a breeze. This is the perfect opportunity to own an updated home in a fantastic location-schedule your showing today!

10S221 Suffield Drive, Downers Grove
512 Redondo Drive Unit #308, Downers Grove
$219,000
2 Beds ⋅ 2 Baths ⋅ 12767152 MLS ⋅ NEW Status
Bright 2-bedroom, 1.5-bath condo in the peaceful Lake in the Woods community of Downers Grove! Step into a welcoming foyer with a double closet, the perfect drop zone after a long day. The galley kitchen has plenty of cabinets and counter space and opens to a dining room with room for a full table and buffet. French doors lead into the light-filled living room, where sliding glass doors open to a generous 30-foot balcony overlooking green space and mature trees. Down the hall, the second bedroom has a walk-in closet next to a full bath and a utility closet. The primary bedroom has its own sliding doors to the balcony, a double closet with mirrored doors, and a private half bath with in-unit laundry. This well-kept 5-story, 36-unit elevator building offers underground parking and a bike room. Pets are welcome (40 lb weight limit, with a limit on the number of pets). Walking trails surround the building, enjoy Downers Grove and Westmont restaurants and shops are close by. Near Cass Ave and 67th St, with easy access to Prairieview Elementary, Lakeview Jr. High and Downers Grove South. A great mix of comfort, convenience and nature! Note: New carpet installed in the living room and 2nd bedroom

512 Redondo Drive Unit #308, Downers Grove
5300 Walnut Avenue Unit #17A, Downers Grove
$165,000
1 Beds ⋅ 1 Baths ⋅ 12770317 MLS ⋅ NEW Status ⋅ Cameo West BLDG.
Rarely available 1st floor unit in Cameo West 55+ residential community is located near everything you need. 1 bedroom, 1 bath unit with totally updated kitchen, stainless steel appliances, luxury vinyl flooring throughout with updated window and sliding glass door. Downtown Downers Grove, shopping, restaurants, golf course, parks and METRA are all within a short drive. Many amenities including: common lounge area for all the residents to enjoy, Laundry on both ends of each floor, Library, Party Room, Exercise equipment, and an elevator. Last but not least, Low monthly HOA and low taxes! No pets or rentals. Come check this unit out today!

5300 Walnut Avenue Unit #17A, Downers Grove
6585 Main Street Unit #202, Downers Grove
$295,000
2 Beds ⋅ 2 Baths ⋅ 12746050 MLS ⋅ ACTIVE Status ⋅ Kensington Courts BLDG.
Welcome to easy, comfortable living in this beautifully updated 2-bedroom, 2-bath second-floor condo in Downers Grove! Step inside to a bright, open-concept layout where the kitchen, dining area, and living room flow seamlessly together-perfect for everyday living or entertaining friends and family. Gorgeous hardwood floors extend throughout most of the home, complemented by updated lighting and a warm, inviting feel. The kitchen features granite countertops, newer stainless-steel appliances, plenty of cabinet space, and a convenient pantry. Just beyond the living area, step outside onto the spacious private balcony and enjoy beautiful views overlooking the park. With plenty of room for outdoor furniture, it's the perfect spot for morning tea, an evening glass of wine, or simply relaxing outdoors. The spacious primary suite offers soft carpeting, fabulous custom closet organizers, and a private bath featuring a granite-topped vanity and oversized walk-in shower with a built-in bench and grab bar. The second bedroom features hardwood flooring and additional closet organizers, while the second full bath offers a tub/shower combination with grab bars for added convenience. An in-unit washer and dryer makes everyday living even easier. The building offers even more to enjoy, including a private outdoor pool, party room, personal storage locker, and covered parking. All of this in a fantastic Downers Grove location with easy access to downtown, restaurants, shopping, parks, and everything this vibrant community has to offer. Enjoy the space and comfort of home without the upkeep-this is condo living made easy!

6585 Main Street Unit #202, Downers Grove
7353 Blackburn Avenue Unit #K106, Downers Grove
$250,000
2 Beds ⋅ 2 Baths ⋅ 12768522 MLS ⋅ ACTIVE Status
Completely renovated first-floor condo in Downers Grove. Move in and start enjoying. Enjoy a sun-filled kitchen with a new island, quartz countertops, new hardware, and all-new appliances, opening the space up for real everyday living. Flooring, lighting, ceiling fans, toilets, and vanities have all been replaced throughout, and the windows and slider were also replaced, so there's nothing left to do. Two bedrooms and two full baths are laid out efficiently for one-level living, with laundry and additional storage conveniently located in the building's lower level. The location can't be beat: grocery, home improvement, and a super center are just across the street, with restaurants and multiple retail options minutes away, making everyday errands simple. The complex also offers a clubhouse and swimming pool for residents to enjoy. Investor friendly, perfect for any stage of life, first time buyers & down sizers alike!

7353 Blackburn Avenue Unit #K106, Downers Grove
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