The Terraces, located at 2800 Maple Avenue in Downers Grove, is a low-rise condominium building with 3 stories. Constructed in 1966, this building contains 80 units. The unit sizes range from 1,010 to 1,110 square feet, accommodating a mix of 1, 2, and 3-bedroom layouts.
Unit prices vary, with sales in the last year ranging from $138,000 to $205,000. The average closed price stands at $171,500, translating to approximately $220 per square foot. Properties in this building typically remain on the market for around 132 days.
Residents can enjoy several amenities, including intercom systems, laundry facilities, and a park area. There is also a patio for outdoor relaxation, an exercise room for workouts, and a party room for gatherings. Security lighting helps enhance the safety of the premises.
Nearby, you can find appealing dining options like Mojo's Good Eats, Dan's Pizza, and Tess Down Home Bar-B-Que. This building is close to the intersection of Cass Avenue and Burr Oak Drive, providing good connectivity to major roads.
The location near the DuPage River offers scenic views and green spaces for outdoor activities. The building balances a peaceful atmosphere with access to local conveniences. Overall, The Terraces provides functional living spaces within a vibrant community.
The Terraces, located at 2800 Maple Avenue in Downers Grove, is a low-rise condominium building with 3 stories. Constructed in 1966, this building contains 80 units. The unit sizes range from 1,010 to 1,110 square feet, accommodating a mix of 1, 2, and 3-bedroom layouts.
Unit prices vary, with sales in the last year ranging from $138,000 to $205,000. The average closed price stands at $171,500, translating to approximately $220 per square foot. Properties in this building typically remain on the market for around 132 days.
Residents can enjoy several amenities, including intercom systems, laundry facilities, and a park area. There is also a patio for outdoor relaxation, an exercise room for workouts, and a party room for gatherings. Security lighting helps enhance the safety of the premises.
Nearby, you can find appealing dining options like Mojo's Good Eats, Dan's Pizza, and Tess Down Home Bar-B-Que. This building is close to the intersection of Cass Avenue and Burr Oak Drive, providing good connectivity to major roads.
The location near the DuPage River offers scenic views and green spaces for outdoor activities. The building balances a peaceful atmosphere with access to local conveniences. Overall, The Terraces provides functional living spaces within a vibrant community.
Description
The Terraces, located at 2800 Maple Avenue in Downers Grove, is a low-rise condominium building with 3 stories. Constructed in 1966, this building contains 80 units. The unit sizes range from 1,010 to 1,110 square feet, accommodating a mix of 1, 2, and 3-bedroom layouts.
Unit prices vary, with sales in the last year ranging from $138,000 to $205,000. The average closed price stands at $171,500, translating to approximately $220 per square foot. Properties in this building typically remain on the market for around 132 days.
Residents can enjoy several amenities, including intercom systems, laundry facilities, and a park area. There is also a patio for outdoor relaxation, an exercise room for workouts, and a party room for gatherings. Security lighting helps enhance the safety of the premises.
Nearby, you can find appealing dining options like Mojo's Good Eats, Dan's Pizza, and Tess Down Home Bar-B-Que. This building is close to the intersection of Cass Avenue and Burr Oak Drive, providing good connectivity to major roads.
The location near the DuPage River offers scenic views and green spaces for outdoor activities. The building balances a peaceful atmosphere with access to local conveniences. Overall, The Terraces provides functional living spaces within a vibrant community.
The Terraces Key Stats Last 12 months
Avg. Listed Price$171,500($230/Sqft.)
Avg. Sale Price$171,500($220/Sqft.)
Year over year list price9.89%
Year over year sale price15.42%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market132 days
Average HOA fees per sqft$5 /monthly
Key Stats
Year over year list price9.89%
Year over year sale price15.42%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market132 days
Average HOA fees per sqft$5 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
Low
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
Low
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
Life at The Terraces isn’t just about the units; the building features some fantastic amenities that make living here a delight. Picture yourself unwinding in the exercise room after a long day or hosting friends in the party room. With a health club, a bike room, and access to nearby bike trails, you can maintain an active lifestyle close to home. Security lighting and an intercom system provide peace of mind, while the patio is a lovely spot to soak up the sun and connect with neighbors.
Amenities Description
Life at The Terraces isn’t just about the units; the building features some fantastic amenities that make living here a delight. Picture yourself unwinding in the exercise room after a long day or hosting friends in the party room. With a health club, a bike room, and access to nearby bike trails, you can maintain an active lifestyle close to home. Security lighting and an intercom system provide peace of mind, while the patio is a lovely spot to soak up the sun and connect with neighbors.
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
Visitors Parking
Amenities
Elevator(s)
Exercise Room
Health Club
Security Door Lock(s)
Security Lighting
Laundry
Coin Laundry
Patio
Receiving Room
Bike Room/Bike Trails
Party Room
Storage
Service Elevator(s)
Balcony
Policies
Living at The Terraces comes with straightforward building policies designed to promote a harmonious community. You'll appreciate a hassle-free experience, as there are no complex rules to navigate. It’s a perfect environment for first-time buyers who want a laid-back living atmosphere.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
This neighborhood indicates a good mix of people which makes it a good place for families. About 13.64% are children aged 0–14, 18% are young adults between 15–29, 18.07% are adults aged 30–44, 21.22% are in the 45–59 range and 29.06% are seniors aged 60 and above.
Commuting options are also varying where 71.29% of residents relying on driving, while others prefer public transit around 9.6%, walking around 0.33%, biking around 0.01%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 76.68% of units owner occupied and 23.32% are rented.
The neighborhood offers different household types. About 22.95% are single family homes and 4.05% are multi family units. Around 37.53% are single-person households, while 62.47% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 33.41% of residents have bachelor’s degrees. Around 13.99% have high school or college education. Another 9.59% hold diplomas while 18.91% have completed postgraduate studies. The remaining are 24.1% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 13.64% are children aged 0–14, 18% are young adults between 15–29, 18.07% are adults aged 30–44, 21.22% are in the 45–59 range and 29.06% are seniors aged 60 and above.
Commuting options are also varying where 71.29% of residents relying on driving, while others prefer public transit around 9.6%, walking around 0.33%, biking around 0.01%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 76.68% of units owner occupied and 23.32% are rented.
The neighborhood offers different household types. About 22.95% are single family homes and 4.05% are multi family units. Around 37.53% are single-person households, while 62.47% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 33.41% of residents have bachelor’s degrees. Around 13.99% have high school or college education. Another 9.59% hold diplomas while 18.91% have completed postgraduate studies. The remaining are 24.1% with other types of qualifications.
Age Demographics
13.64%(0 - 14 years old)
18%(15 - 29 years old)
18.07%(30 - 44 years old)
21.22%(45 - 59 years old)
29.06%(60+ years old)
Commute
9.6%
Transit
0.33%
Walk
71.29%
Drive
0.01%
Bike
Housing Ownership
76.68%
Owner Occupied
23.32%
Rental Units
Household Types
22.95%
Single Family
4.05%
Multi Family
37.53%
Single Person
62.47%
Multi Person
Education
Bachelors Degree33.41%
High School College13.99%
Diploma9.59%
Post Graduate18.91%
Others24.1%
Education
Diploma9.59%
Post Graduate18.91%
Others24.1%
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