#12193208, Elaine Pagels, Listing office: Berkshire Hathaway HomeServices Chicago
$2,200,000 List price
505 Lincoln Ave Downers Grove, IL 60515
7 beds
5 full, 1 partial
6,431 sqft
0.3 acres
$342 / sqft
House
Property details
About 505 Lincoln Ave
Experience unparalleled elegance and thoughtful enhancements in this extraordinary 7-bedroom, 5.1-bath estate, boasting over 6,000 square feet of exquisitely finished living space in Downers Grove's most prestigious neighborhood! Since its purchase, the home has undergone a series of exceptional upgrades, including rich hardwood flooring throughout the upper level, premium basement flooring, ultra-thick quartz countertops, and a custom-built coffee bar in the primary suite. Enjoy state-of-the-art amenities such as a Foresight Falcon golf simulator and a private sauna. Additional bespoke features include a custom-designed bunk bed system with four twin beds, updated light fixtures and bathroom faucets throughout, and extended floor-to-ceiling cabinetry in the Jack and Jill bathroom, laundry room, and mudroom. A whole-house water filtration system and elegant window treatments complete these remarkable upgrades. This 2024-built masterpiece is where modern luxury meets timeless elegance. A striking wraparound porch welcomes guests into a warm, community-centered environment, where neighbors gather and family memories are made. Perfectly positioned within the esteemed Lester School District, residents enjoy walkable access to Hummer Park, downtown Downers Grove's charming boutiques and restaurants, and the Metra station. Constructed with premium materials, the home showcases LP SmartSide siding with stone accents, an underground sprinkler system, and oversized Pella windows that bathe every room in natural light. Inside, soaring 10-foot ceilings, hand-selected designer lighting-from Anthropologie to Mitchell Gold + Bob Williams and globally sourced pieces from Morocco and India-pair beautifully with rich hardwood floors to create a refined yet welcoming ambiance. The chef's kitchen is the heart of the home, featuring top-tier Sub-Zero and Wolf appliances, a walk-in pantry, designer cabinetry, and an 8.5-foot island and countertops topped with ultra-thick quartz. A stylish butler's pantry includes a wine fridge, making entertaining effortless. Multiple living and gathering spaces include a sunlit family room with a gas fireplace, a formal dining room, and a private first-floor guest suite with a full bath and walk-in closet. Upstairs, the primary suite offers a serene retreat, complete with a spa-inspired bathroom, dual vanities, a soaking tub, frameless glass shower, a spacious walk-in closet, and a custom coffee bar. Four additional bedrooms are configured with Jack-and-Jill and private ensuites, while the well-appointed laundry room features a sink and extended cabinetry. All kitchen, bathroom, laundry, and basement bar faucets have been upgraded to premium, hand-assembled Ztrends fixtures, adding both elegance and quality throughout. The finished lower level impresses with 10-foot ceilings, a seventh bedroom, luxury bath, sauna, and a fully equipped golf simulator lounge featuring the Foresight Falcon system. The setup includes 25 courses, Foresight Fairgrounds carnival games, an Awesome Golf subscription, and the TruGolf Multisport Add-On-all powered by a high-performance gaming PC with an Nvidia RTX 470 for seamless, immersive play. Outdoor living is equally refined, with a covered rear porch, a 14x16 paver patio, and a professionally landscaped corner lot-ideal for morning coffee, summer barbecues, or festive holiday gatherings. With a builder warranty valid through July and a location near award-winning District 58 and 99 schools, the historic Tivoli Theatre, and beloved local events, this home is more than a luxury residence-it's a place where memories are made, and traditions begin.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air, Zoned
Size6,431 sqft
BasementYes
Lot size0.258 Acres
Year built2024
ParkingConcrete, Garage Door Opener, Garage, On Site, Garage Owned, Attached
MLS #12398556
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, Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), Open Floorplan, Separate Dining Room, Pantry
- Fireplace: Gas Starter
- Total Bedroom Count: 7
- Garage Space: 3 spaces
- Parking: Concrete, Garage Door Opener, Garage, On Site, Garage Owned, Attached
- Architectural Style: Bi-Level
- Heating: Natural Gas, Forced Air
- Cooling: Central Air, Zoned
- List Price: $2,200,000
- Price/SqFt: $342
- 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: 6,431 SqFt
- Lot Size: 0.258 Acres
- MLS Number: 12398556
- MLS Name: MRED
- Office Name: Platinum Partners Realtors
- Office Phone: (630) 435-3500
- Listing Agent: Sabrina Glover
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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. The most common annual income of people living in Downers Grove, IL is between $35k-100k. The majority of families are single, no kids. The majority of 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 $2,200,000.
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 6,431 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 6,431 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 June 19, 2025 and is currently priced at $2,200,000.
Over 36 listings were sold over their listed price in June 2025 in Downers Grove, IL. In the same period over 23 listings were sold below the listed price and 9 listings were sold for the listed price. The number of listings in Downers Grove, IL increased by 13.8% between May and June 2025. The median list price of listings available in June 2025 was $460,000, while the average time on the real estate market was 11 days.
From Rocket Homes Real Estate and based on county public records data.