438 Lake Ave
Downers Grove, IL 60515
3 bd 3 ba 1,620 sqft Built 1958 Lot 8,002 sqft single_family
Most recent sale
$440,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $440,000 | MLS #11377752 |
| Apr 21, 2022 | Listed | $425,000 | MLS #11377752 |
| Mar 15, 2018 | Sold | $328,000 | MLS #09787440 |
| Jan 24, 2018 | Price changed | $330,000 | MLS #09787440 |
| Dec 29, 2017 | Price changed | $340,000 | MLS #09787440 |
| Oct 27, 2017 | Listed | $350,000 | MLS #09787440 |
| Oct 26, 2017 | Listing removed | $350,000 | MRED |
| Sep 21, 2017 | Price changed | $350,000 | MLS #09704797 |
| Sep 17, 2017 | Relisted | $360,000 | MLS #09704797 |
| Sep 9, 2017 | Listing removed | $360,000 | MRED |
| Aug 28, 2017 | Relisted | $360,000 | MLS #09704797 |
| Aug 27, 2017 | Listing removed | $360,000 | MRED |
| Aug 25, 2017 | Price changed | $360,000 | MLS #09704797 |
| Jul 28, 2017 | Listed | $374,900 | MLS #09704797 |
| Jul 28, 2017 | Listing removed | $379,900 | MRED |
| Jul 13, 2017 | Price changed | $379,900 | MLS #09646171 |
| Jun 2, 2017 | Listed | $389,500 | MLS #09646171 |
| Jan 22, 2007 | Sold | $359,000 | Public Record |
| Jan 5, 2007 | Sold | $359,000 | MRED |
| Sep 6, 1994 | Sold | $167,500 | Public Record |
| Dec 1, 1985 | Sold | $28,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $83,728 | $70,979 | $154,707 | $8,399 |
| 2022 | $72,880 | $61,780 | $134,660 | $7,572 |
| 2021 | $72,050 | $61,080 | $133,130 | $7,087 |
| 2020 | $70,620 | $59,870 | $130,490 | $6,955 |
| 2019 | $67,760 | $57,450 | $125,210 | $6,732 |
| 2018 | $54,150 | $57,110 | $111,260 | $6,016 |
| 2017 | $52,110 | $54,960 | $107,070 | $5,822 |
| 2016 | $49,730 | $52,450 | $102,180 | $5,704 |
| 2015 | $46,790 | $49,350 | $96,140 | $5,637 |
| 2014 | $42,120 | $43,620 | $85,740 | $4,818 |
| 2013 | $41,920 | $43,420 | $85,340 | $4,718 |
| 2012 | $43,810 | $45,370 | $89,180 | $4,650 |
| 2011 | $46,660 | $48,320 | $94,980 | $4,597 |
| 2010 | $70,720 | $48,090 | $118,810 | $5,452 |
| 2009 | $75,070 | $51,040 | $126,110 | $5,394 |
| 2008 | $64,680 | $51,040 | $115,720 | $4,739 |
| 2007 | $61,080 | $48,200 | $109,280 | $4,721 |
| 2006 | $55,420 | $43,740 | $99,160 | $4,355 |
Property facts
Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,620 sqft
Lot size
8,002 sqft
ZIP code
60515
City
Downers Grove
Street
Lake Ave
Coordinates
41.80882, -87.99745
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,916
Gross rental yield
7.95%
Implied cap rate
5.17%
Trend-extrapolated value
—
Frequently asked questions
When did 438 Lake Ave last sell?
438 Lake Ave most recently sold on May 31, 2022 for $440,000.
What is the current tax assessment for 438 Lake Ave?
The most recent total assessment for 438 Lake Ave (year 2024) is $154,707 with $8,399 in property tax.
How does 438 Lake Ave's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $440,000.
When was 438 Lake Ave built?
438 Lake Ave was built in 1958.
How does 438 Lake Ave compare to others on Lake Ave?
We track 2 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 438 Lake Ave?
438 Lake Ave is a 3 bed, 3 bath, 1,620 sqft, 8,002 sqft lot single_family.
Is 438 Lake Ave a flip candidate?
No — 438 Lake Ave does not appear in our flips dataset.
Is 438 Lake Ave a tax-appeal candidate?
No — 438 Lake Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$634.5K
2026 Q4
$636.6K
ZIP 60515 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave