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500 Redondo Dr

Downers Grove, IL 60516

2 bd 1 ba 988 sqft Built 1969 condos
Most recent sale
$175,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $175,000 MLS #11632326
Sep 18, 2022 Listed $175,000 MLS #11632326
Sep 17, 2022 Listing removed $165,000 MRED
Sep 10, 2022 Listed $165,000 MLS #11626347
Sep 9, 2022 Listing removed $165,000 MRED
Aug 31, 2022 Price changed $165,000 MLS #11456306
Aug 24, 2022 Listed $175,000 MLS #11456306
Apr 23, 2009 Listing removed $159,900 MRED
Feb 6, 2009 Listing removed $159,900 MRED
Feb 6, 2009 Listed $159,900 MLS #07128839
Aug 5, 2008 Listed $159,900 MLS #06987141
May 6, 2005 Sold $151,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $49,963 $9,812 $59,775 $2,915
2022 $41,340 $8,120 $49,460 $2,532
2021 $40,870 $8,030 $48,900 $2,309
2020 $40,060 $7,870 $47,930 $2,264
2019 $38,440 $7,550 $45,990 $2,179
2018 $33,870 $6,650 $40,520 $1,918
2017 $29,630 $6,400 $36,030 $1,671
2016 $28,280 $6,110 $34,390 $1,576
2015 $26,610 $5,750 $32,360 $1,538
2014 $27,820 $6,010 $33,830 $1,644
2013 $27,690 $5,980 $33,670 $1,670
2012 $36,180 $7,810 $43,990 $2,117
2011 $38,530 $8,320 $46,850 $2,064
2010 $41,630 $8,990 $50,620 $2,120
2009 $44,190 $9,540 $53,730 $2,077
2008 $44,190 $9,540 $53,730 $2,050
2007 $41,730 $9,010 $50,740 $1,961
2006 $38,580 $8,330 $46,910 $1,877

Property facts

Year built
1969
Property type
condos
Stories
5
Beds
2
Baths
1
Living area
988 sqft
Lot size
ZIP code
60516
City
Downers Grove
Street
Redondo Dr
Coordinates
41.74227, -87.99325

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,778
Gross rental yield
12.19%
Implied cap rate
7.92%
Trend-extrapolated value

Frequently asked questions

When did 500 Redondo Dr last sell?
500 Redondo Dr most recently sold on Oct 17, 2022 for $175,000.
What is the current tax assessment for 500 Redondo Dr?
The most recent total assessment for 500 Redondo Dr (year 2024) is $59,775 with $2,915 in property tax.
How does 500 Redondo Dr's assessment compare to its last sale price?
The current assessment is 65.8% below the last sale price of $175,000.
When was 500 Redondo Dr built?
500 Redondo Dr was built in 1969.
How does 500 Redondo Dr compare to others on Redondo Dr?
We track 8 other properties on Redondo Dr. Browse the list under "Other properties on Redondo Dr" to compare beds, baths, and sale history.
What are the property facts for 500 Redondo Dr?
500 Redondo Dr is a 2 bed, 1 bath, 988 sqft condos.
Is 500 Redondo Dr a flip candidate?
No — 500 Redondo Dr does not appear in our flips dataset.
Is 500 Redondo Dr a tax-appeal candidate?
No — 500 Redondo Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$489.6K
2026 Q4
$489.6K
ZIP 60516 — Median Price History + Forecast

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