Backup offers
$10,000 Closing Credit¹
#12309944, Natalie Weber, Listing Office: Keller Williams Experience
$2,400,000 List price
505 Lincoln Ave Downers Grove, IL 60515
$10,000
Closing credit¹
7 beds
5 full, 1 partial
5,860 sqft
0.3 acres
$410 / sqft
House
Property details
About 505 Lincoln Ave
Magnificent 7-bedroom, 5.1-bathroom estate spans 5,860 square feet of meticulously designed living space in Downers Grove's most coveted neighborhood. Modern luxury meets timeless elegance in this 2024-built masterpiece, where every detail has been thoughtfully curated. Striking wraparound porch welcomes visitors into this community-focused setting, where friendly neighbors and family gatherings are part of daily life. Prime location within Lester School District places residents steps from Hummer Park and walking distance to downtown's vibrant shops, restaurants, and Metra station. Premium construction showcases LP SmartSide siding with stone accents, underground sprinkler system, whole house water filtration system, and oversized Pella windows flooding interiors with natural light. Soaring 10-foot ceilings, rich hardwood floors, and designer lighting with selections from Anthropologie, Mitchell Gold + Bob Williams, and imported pieces from Morocco and India create sophisticated yet welcoming ambiance throughout. Chef's kitchen dazzles with Sub-Zero and Wolf appliances, custom 8.5-foot quartz island with extra-thick countertops, designer cabinetry, walk-in pantry, and butler's pantry featuring wine fridge. Multiple gathering spaces include sun-drenched family room with gas fireplace, formal dining room, and private first-floor guest suite with full bath and walk-in closet. Primary suite offers ultimate relaxation with spa-inspired ensuite bathroom, dual vanities, soaking tub, frameless glass shower, expansive walk-in closet, and custom coffee bar. Four additional bedrooms feature Jack-and-Jill and private en-suite configurations, complemented by full laundry room with sink. All sink faucets (kitchen, bathrooms, laundry, and basement bar) upgraded to hand-assembled Ztrends fixtures. Lower level amazes with 10-foot ceilings, seventh bedroom, luxury bath, sauna, and Foresight Falcon golf simulator room including lounge and viewing area. The golf simulator has 25 courses included, software bundle with Foresight Fairgrounds carnival game, Awesome Golf subscription, & TruGolf Simulators Multisport Package Add-On powered by Gaming PC featuring an Nvidia RTX 470 graphics card to ensure smooth gameplay and stunning visual fidelity. Custom-built bunk bed system with four twin beds creates perfect space for visiting guests or memorable sleepovers. Outdoor entertainment flows seamlessly with covered back porch and 14x16 paver patio. Corner lot's professional landscaping provides ideal setting for morning coffee or holiday celebrations. Builder warranty valid through July. Located within award-winning District 58 & 99 schools, near historic Tivoli Theatre and community festivals, this residence offers more than luxury living - it presents a lifestyle where memories are made and traditions begin.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
(New)
(New)
CoolingCentral Air, Zoned
Size5,860 sqft
BasementYes
Lot size0.258 Acres
Year built2024
ParkingConcrete, Garage Door Opener, Garage, Garage Owned, Attached
MLS #12332565
Garage3 spaces
FireplaceGas Starter
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 5
- Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Wine Cooler, Range Hood, Humidifier
- Basement: Yes
- Interior: Cathedral Ceiling(s), Sauna, 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), High Ceilings, Open Floorplan, Separate Dining Room, Pantry
- Fireplace: Gas Starter
- Total Bedroom Count: 7
- Garage Space: 3 spaces
- Parking: Concrete, Garage Door Opener, Garage, Garage Owned, Attached
- Architectural Style: Bi-Level
- Heating: Natural Gas, Forced Air
- Cooling: Central Air, Zoned
- List Price: $2,400,000
- Price/SqFt: $409
- Annual Tax Amount: $5,494
- Tax Year: 2023
- Lot: Corner Lot
- Directions: Fairview Ave to Lincoln Ave W on Lincoln to the corner of Lincoln Ave & Douglas Rd
- Year Built: 2024
- Living Area: 5,860 SqFt
- Lot Size: 0.258 Acres
- MLS Number: 12332565
- MLS Name: MRED
- Office Name: Platinum Partners Realtors
- Office Phone: (630) 435-3500
- Listing Agent: Sabrina Glover
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$2,400,000
505 Lincoln Ave
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 04, 2024 | Home Sold | $1,999,000 |
| May 11, 2022 | Home Sold | $412,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $92,440 | $5,494 |
| 2022 | $87,520 | $5,228 |
| 2021 | $86,520 | $4,823 |
| 2020 | $84,810 | $4,738 |
| 2019 | $81,380 | $4,596 |
| 2018 | $80,870 | $4,622 |
| 2017 | $84,220 | $4,852 |
History based on county public records data.
Nearby schools
8
Lester Elementary School
Public District KG-6
0.2 mi
•236 Indianapolis Ave
6
Whittier Elementary School
Public District KG-6
0.8 mi
•536 Hill St
9
Highland Elementary School
Public District KG-6
1.0 mi
•3935 Highland Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,500. Most Downers Grove, IL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
12%
<35k
51%
35k-100k
35%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
10%
Single, with Kids
26%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
15%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
Soccer
Where do the neighbors shop?
Chico's
Nordstrom Rack
The Container Store
Where do the neighbors go to eat?
Boston Market
Chipotle
Starbucks
What do the neighbors drive?
Volvo
Mazda
BMW
What do the neighbors listen to?
Talk/Personality
Rock
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 Lincoln Ave
The listing price of 505 Lincoln Ave property is $2,400,000.
The property 505 Lincoln Ave is a house located in Downers Grove, Illinois, 60515.
Active Listing: 505 Lincoln Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 Lincoln Ave are: Lester Elementary School (GreatSchools Rating 8/10), Whittier Elementary School (GreatSchools Rating 6/10), Highland Elementary School (GreatSchools Rating 9/10), Herrick Middle School (GreatSchools Rating 7/10), O'Neill Middle School (GreatSchools Rating 6/10), Westmont Jr High School (GreatSchools Rating 4/10), Community High School District 99 - North High School (GreatSchools Rating 7/10), Westmont High School (GreatSchools Rating 10/10), Community High School District 99 - South High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $5,494 (source: MLS/based on county public records data).
The last sale was on September 4, 2024 for $1,999,000 (source: MLS/tax record).
The property at 505 Lincoln Ave has 7 bedrooms and 5 full and 1 half bathrooms.
The property 505 Lincoln Ave is 5,860 SqFt (source: MLS/tax record).
The year of construction for 505 Lincoln Ave is 2024.
This home is located at 505 Lincoln Ave in Downers Grove, IL and zip code 60515 in the Streets neighborhood. This 5,860 square foot home, which was built in 2024, sits on a 0.26 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $2,400,000.
In April 2025 more than 30 listings in Downers Grove, IL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 21 were sold below. The inventory of homes for sale in Downers Grove, IL between March and April 2025 increased by 12.3%. While the average time on the market in April 2025 was 25 days, the median list price was $459,137.
From Rocket Homes Real Estate and based on county public records data.