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502 Redondo Dr

Downers Grove, IL 60516

2 bd 2 ba 1,011 sqft Built 1969 Lot 42,253 sqft condos
Most recent sale
$190,000
Mar 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2022 Sold $190,000 MLS #11318039
Feb 4, 2022 Listed $179,900 MLS #11318039
May 20, 2005 Sold $149,000 Public Record
Apr 17, 1989 Sold $75,000 Public Record
Oct 19, 1987 Sold $64,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $50,430 $9,823 $60,253 $2,942
2022 $41,720 $8,130 $49,850 $2,555
2021 $41,250 $8,040 $49,290 $2,330
2020 $40,430 $7,880 $48,310 $2,285
2019 $38,790 $7,560 $46,350 $2,198
2018 $34,180 $6,660 $40,840 $1,936
2017 $29,900 $6,410 $36,310 $1,686
2016 $28,540 $6,120 $34,660 $1,591
2015 $26,850 $5,760 $32,610 $1,553
2014 $28,080 $6,020 $34,100 $1,660
2013 $27,950 $5,990 $33,940 $1,686
2012 $36,510 $7,820 $44,330 $2,136
2011 $38,880 $8,330 $47,210 $2,082
2010 $42,010 $9,000 $51,010 $2,139
2009 $44,590 $9,550 $54,140 $2,095
2008 $44,590 $9,550 $54,140 $2,068
2007 $42,110 $9,020 $51,130 $1,978
2006 $38,930 $8,340 $47,270 $1,893

Property facts

Year built
1969
Property type
condos
Stories
5
Beds
2
Baths
2
Living area
1,011 sqft
Lot size
42,253 sqft
ZIP code
60516
City
Downers Grove
Street
Redondo Dr
Coordinates
41.74301, -87.99341

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
$1,820
Gross rental yield
11.49%
Implied cap rate
7.47%
Trend-extrapolated value

Frequently asked questions

When did 502 Redondo Dr last sell?
502 Redondo Dr most recently sold on Mar 10, 2022 for $190,000.
What is the current tax assessment for 502 Redondo Dr?
The most recent total assessment for 502 Redondo Dr (year 2024) is $60,253 with $2,942 in property tax.
How does 502 Redondo Dr's assessment compare to its last sale price?
The current assessment is 68.3% below the last sale price of $190,000.
When was 502 Redondo Dr built?
502 Redondo Dr was built in 1969.
How does 502 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 502 Redondo Dr?
502 Redondo Dr is a 2 bed, 2 bath, 1,011 sqft, 42,253 sqft lot condos.
Is 502 Redondo Dr a flip candidate?
No — 502 Redondo Dr does not appear in our flips dataset.
Is 502 Redondo Dr a tax-appeal candidate?
No — 502 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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