Located about 21 miles West of downtown Chicago, the Village of Downers Grove is a clean, safe, affluent community that is home to about 50,000 residents. This thriving business outlet prides itself on being the headquarters of Spiegel, Sara Lee, FTD, Swift-Eckrich and more. Homes in Downers Grove are remarkably affordable, with median selling prices at $400,000 for single-family homes. In 2007, condos and townhomes in Downers Grove had median sales prices of $155,500 for one- and two-bedroom units and $237,500 for three-bedroom or more units.
Despite the prominent presence of big business, this western suburb of Chicago maintains its Main Street USA feel, offering the amenities and charm similar to nearby Naperville, in a community just half its size. The Village of Downers Grove is surrounded by Lisle to the West, Clarendon Hills/Hinsdale to the East, Lombard/Glen Ellyn to the North and Darien/Lemont to the South. The Burlington Santa Fe metra line brings Downers Grove residents into the city, and likewise with I-55 and I-290. The BNSF Railway runs through Downers Grove and commuters can use Interstate 355 to access other Chicagoland suburbs. The community also offers residents a shuttle bus service that makes stops throughout Downers Grove, with service to the train depot.
What sets this community apart from others around it, however, is the makeup of the Downers Grove, IL real estate market. Many of the homes here are older, Victorian-style models, some of which date back to the early 1900s. In fact, one of the aspects of this village the residents pride themselves on most is the group of homes built with kits purchased from the Sears-Roebuck Catalog.
Recently, the Downers Grove, IL real estate market has seen an influx of new construction, with many older homes being torn down in favor of newer, larger and more efficient models. This mix of old and new gives Downers Grove a unique character. The benefit to investing in Downers Grove, IL real estate is that potential homeowners can get a bigger lot size here, as compared to elsewhere in this region.
Education is dominant in this small village, with a variety of options at every level of learning. All elementary and middle schools in Downers Grove lead into the village’s two high schools. Students in all schools tend to score “above average” on standardized testing, and many schools are award-winning.
Downers Grove also features a number of family-oriented festivals, including the Pierce Downers Heritage Festival, as well as a farmers’ market and the National Criterium Championships, an annual cycling event. The Downers Grove downtown area features a delightfully charming main street area that draws locals as well as residents from surrounding suburbs.
To relocate to this small, close-knit community or to learn more about all that the Downers Grove real estate market has to offer, schedule a consultation with expert Downers Grove Realtor Mike Long of Long Realty today by calling 773-851-3654.
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