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  3. Downers Grove, IL
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  5. The Terraces
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The Terraces

2900 Maple Avenue, Downers Grove, IL, 60515 |The Terraces

YEAR BUILT

1969

# STORIES

5

# TOTAL UNITS

175

UNIT SIZE RANGE

1,235-1,335 sqft

Description

The Terraces sits at 2900 Maple Avenue in Downers Grove. This mid-rise building stands 5 stories tall and features 175 condominium units. The construction dates back to 1969. Units range from 1,235 to 1,335 square feet, providing various living spaces. Recent sales show unit prices between $206,000 and $208,000. The lowest sold price in the last 12 months was around $140,000. The average closed price for units is approximately $173,500. The average price per square foot stands at $235, which reflects the value of this property. Residents can choose from 1, 2, or 3-bedroom units. Each layout offers enough space for comfortable living. Amenities inside the building support an active lifestyle. Options include an exercise room, health club, and a party room for gatherings. Outdoor spaces add to the living experience. A picnic area and patio allow residents to enjoy the fresh air. Bike storage and nearby trails raise the appeal for cycling enthusiasts. An elevator makes accessing different floors easy for everyone. Dining options like Mojo's Good Eats and Dan's Pizza lie within reach. Tess Down Home Bar-B-Que provides a local favorite for dinner. The Terraces is close to the intersection of Fairview Avenue and 55th Street. The nearby DuPage River also adds to the charm of the area. On average, units spend about 102 days on the market before selling. This information highlights the demand for homes in this community, making The Terraces a notable option in Downers Grove.

Building ImageMLS ID #12293409
Building ImageMLS ID #12298501
Building Image
Building ImageView Listing

The Terraces

2900 Maple Avenue, Downers Grove, IL, 60515

|The Terraces

YEAR BUILT

1969

# STORIES

5

# TOTAL UNITS

175

UNIT SIZE RANGE

1,235-1,335 sqft

Description

The Terraces sits at 2900 Maple Avenue in Downers Grove. This mid-rise building stands 5 stories tall and features 175 condominium units. The construction dates back to 1969. Units range from 1,235 to 1,335 square feet, providing various living spaces. Recent sales show unit prices between $206,000 and $208,000. The lowest sold price in the last 12 months was around $140,000. The average closed price for units is approximately $173,500. The average price per square foot stands at $235, which reflects the value of this property. Residents can choose from 1, 2, or 3-bedroom units. Each layout offers enough space for comfortable living. Amenities inside the building support an active lifestyle. Options include an exercise room, health club, and a party room for gatherings. Outdoor spaces add to the living experience. A picnic area and patio allow residents to enjoy the fresh air. Bike storage and nearby trails raise the appeal for cycling enthusiasts. An elevator makes accessing different floors easy for everyone. Dining options like Mojo's Good Eats and Dan's Pizza lie within reach. Tess Down Home Bar-B-Que provides a local favorite for dinner. The Terraces is close to the intersection of Fairview Avenue and 55th Street. The nearby DuPage River also adds to the charm of the area. On average, units spend about 102 days on the market before selling. This information highlights the demand for homes in this community, making The Terraces a notable option in Downers Grove.

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Description

The Terraces sits at 2900 Maple Avenue in Downers Grove. This mid-rise building stands 5 stories tall and features 175 condominium units. The construction dates back to 1969. Units range from 1,235 to 1,335 square feet, providing various living spaces. Recent sales show unit prices between $206,000 and $208,000. The lowest sold price in the last 12 months was around $140,000. The average closed price for units is approximately $173,500. The average price per square foot stands at $235, which reflects the value of this property. Residents can choose from 1, 2, or 3-bedroom units. Each layout offers enough space for comfortable living. Amenities inside the building support an active lifestyle. Options include an exercise room, health club, and a party room for gatherings. Outdoor spaces add to the living experience. A picnic area and patio allow residents to enjoy the fresh air. Bike storage and nearby trails raise the appeal for cycling enthusiasts. An elevator makes accessing different floors easy for everyone. Dining options like Mojo's Good Eats and Dan's Pizza lie within reach. Tess Down Home Bar-B-Que provides a local favorite for dinner. The Terraces is close to the intersection of Fairview Avenue and 55th Street. The nearby DuPage River also adds to the charm of the area. On average, units spend about 102 days on the market before selling. This information highlights the demand for homes in this community, making The Terraces a notable option in Downers Grove.

The Terraces Market Stats Last 12 months

Avg. Listed Price$176,815($223/Sqft.)

Avg. Sale Price$173,500($235/Sqft.)
Year over year list priceUp Arrow3.64%

Year over year sale priceUp Arrow 1.07%
Total Listings7 Listed

Total sold7 Sold
Average Days on Market102 days

Average HOA fees per sqft$4 /monthly
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Market Stats

Year over year list priceUp Arrow3.64%

Year over year sale priceUp Arrow1.07%
Total Listings7 Listed

Total sold7 Sold
Average Days on Market102 days

Average HOA fees per sqft$4 /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.

For Sale 0 For Sale

The Terraces Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 18C18C800211392025-09-18
MLS#: 12351473
Closed$205,000
Unit 5A5A1060221182025-08-29
MLS#: 12354228
Closed$208,000
Unit 5A5A106022202024-05-10
MLS#: 12034898
Closed$206,000
Unit 18C
18C

2 Beds

1 Baths

800 sqft


DateStatusPrice
2025-09-18Closed$205,000
MLS#: 12351473
Days On Market139
Unit 5A
5A

2 Beds

2 Baths

1060 sqft


DateStatusPrice
2025-08-29Closed$208,000
MLS#: 12354228
Days On Market118
Unit 5A
5A

2 Beds

2 Baths

1060 sqft


DateStatusPrice
2024-05-10Closed$206,000
MLS#: 12034898
Days On Market20
View Complete Unit Listing HistorySource By: MRED

Amenities

This building is packed with amenities designed for modern living. Picture yourself breaking a sweat in the exercise room or enjoying a sunny afternoon on the patio. If you like socializing, the party room is the perfect spot for gatherings, while the health club and bike trails provide options for those with active lifestyles. The convenient elevator ensures easy access to your unit, and the nearby park and picnic area make it ideal for weekend outings or leisurely strolls. You even have a bike room to store your gear safely!

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Amenities Description

This building is packed with amenities designed for modern living. Picture yourself breaking a sweat in the exercise room or enjoying a sunny afternoon on the patio. If you like socializing, the party room is the perfect spot for gatherings, while the health club and bike trails provide options for those with active lifestyles. The convenient elevator ensures easy access to your unit, and the nearby park and picnic area make it ideal for weekend outings or leisurely strolls. You even have a bike room to store your gear safely!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Patio

Patio

Receiving Room

Receiving Room

Picnic Area

Picnic Area

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Balcony

Balcony

Policies

When it comes to policies, The Terraces keeps it simple by being a pet-friendly environment. This flexibility adds to the appeal of the building, allowing you to make it a home alongside your furry friends without needless restrictions.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental 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

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
The Terraces$235/sqft.$4 /sqft.
2900 Maple Ave$235/sqft.$4 /sqft.
2800 Maple Ave$213/sqft.$5 /sqft.
The Terraces$220/sqft.$5 /sqft.
5540 Walnut Ave$234/sqft.$5 /sqft.
Cameo$228/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to The Terraces.

Lisle Elementary School

A
Public|Grades PK–5
5801 Westview Ln|0.71 miles away

The Bridge High School

--
Private|Grades 10–12
2318 Wisconsin Ave|0.88 miles away

Willow Creek Elementary School

B+
Public|Grades KG–6
2901 Jackson Dr|1.22 miles away

Lisle Jr High School

B+
Public|Grades 6–8
5207 Center Ave|1.24 miles away

St Joan of Arc

--
Private|Grades PK–8
4913 Columbia Ave|1.41 miles away

Henry Puffer School

B
Public|Grades PK–6
2220 Haddow Ave|1.48 miles away
Next

Schools

Lisle Elementary School

A
Public|Grades PK–5
5801 Westview Ln|Less than 1 Mile Away

The Bridge High School

--
Private|Grades 10–12
2318 Wisconsin Ave|Less than 1 Mile Away

Willow Creek Elementary School

B+
Public|Grades KG–6
2901 Jackson Dr|1.22 Miles Away

Lisle Jr High School

B+
Public|Grades 6–8
5207 Center Ave|1.24 Miles Away

St Joan of Arc

--
Private|Grades PK–8
4913 Columbia Ave|1.41 Miles Away

Henry Puffer School

B
Public|Grades PK–6
2220 Haddow Ave|1.48 Miles Away

Downers Grove Adventist School

--
Private|Grades PK–8
5524 Lee Ave|1.78 Miles Away

Abraxas Naperville Bridge

--
Private|Grades 10–12
2221 64th St|1.98 Miles Away

Meadowview Elementary School

A-
Public|Grades PK–6
2525 Mitchell Dr|2.07 Miles Away

Indian Trail Elementary School

C+
Public|Grades PK–6
6235 Stonewall Ave|2.11 Miles Away

Lisle High School

A
Public|Grades 9–12
1800 Short St|2.15 Miles Away

Avery Coonley School

--
Private|Grades PK–8
1400 Maple Ave Ste...|2.37 Miles Away

Hillcrest Elementary School

B+
Public|Grades PK–6
1435 Jefferson Ave|2.39 Miles Away

Goodrich Elementary School

C-
Public|Grades PK–6
3450 Hobson Rd|2.46 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Belmont

1.32 miles away|26 min walk

Ogden Ave & Ivanhoe Ave

1.53 miles away|30 min walk

Ogden Ave & Auvergne Ave

1.54 miles away|30 min walk

Lisle

1.6 miles away|31 min walk

Ogden Ave & Authority Dr

1.62 miles away|31 min walk

Hobson Rd & Walnut Ave/Southcrest Dr

1.64 miles away|32 min walk
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Transit

Belmont

1.32 miles away|26 min walk

Ogden Ave & Ivanhoe Ave

1.53 miles away|30 min walk

Ogden Ave & Auvergne Ave

1.54 miles away|30 min walk

Lisle

1.6 miles away|31 min walk

Ogden Ave & Authority Dr

1.62 miles away|31 min walk

Hobson Rd & Walnut Ave/Southcrest Dr

1.64 miles away|32 min walk

63rd St & Leonard Ave

1.66 miles away|32 min walk

Ogden Ave & Chelsea Ave

1.67 miles away|32 min walk

Hobson Rd & Southcrest Dr/Walnut Ave

1.69 miles away|33 min walk

Ogden Ave & Cross St

1.73 miles away|34 min walk

63rd St & Belmont Rd

1.76 miles away|34 min walk

2321 Ogden Ave

1.91 miles away|37 min walk

Ogden Ave / Spencer Ave

1.92 miles away|37 min walk

63rd St & Pershing St

1.93 miles away|37 min walk

Ogden Ave & Main St

1.95 miles away|38 min walk

63rd St & Woodward Ave

2.04 miles away|40 min walk

Woodridge Dr & Hobson Rd

2.05 miles away|40 min walk

Ogden Ave & Finley Rd / Belmont Rd

2.07 miles away|40 min walk

Ogden Ave & Belmont Rd / Finley Rd

2.13 miles away|41 min walk

63rd St & Stonewall Ave

2.15 miles away|42 min walk

Main St & Middleton Ave

2.21 miles away|43 min walk

Woodridge Dr & Martin Dr

2.24 miles away|43 min walk

1011 Warrenville Rd

2.27 miles away|44 min walk

Woodridge Dr & Kincaid Dr

2.28 miles away|44 min walk

Ogden Ave & Wilson Ave

2.3 miles away|45 min walk

Main St & Warrenville Rd

2.33 miles away|45 min walk

Ogden Ave & Woodward Ave

2.38 miles away|46 min walk

Warrenville Rd & Main St

2.4 miles away|46 min walk

63rd St & Springside Ave

2.41 miles away|47 min walk

Woodridge Dr & Janeswood Dr

2.47 miles away|48 min walk

Warrenville Rd & Corporetum Dr

2.59 miles away|50 min walk

Ogden Ave & Lacey Rd

2.6 miles away|50 min walk

Ogden Ave & Lee Ave

2.67 miles away|52 min walk

The Neighbourhood: The Terraces

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The Terraces Demographics

Age Demographics

0–14 Years

13.71%

15–29 Years

18.08%

30–44 Years

18.11%

45–59 Years

21.28%

60+ Years

28.81%

Commute

9.42%

Transit

0.34%

Walk

71.5%

Drive

0.01%

Bike

Housing Ownership

75.91%

Owner Occupied

24.09%

Rental Units

Household Types

Single Family
23.14%
Multi Family
4.07%
Single Person
37.31%
Multi Person
62.69%

Average Income

Household:$10,239,112.13 /yr

Individual:$5,371,921.54 /yr

Education

Bachelors Degree33.4%
High School College14.03%
Diploma9.67%
Post Graduate18.93%
Others23.98%
Next

Education

Diploma9.67%
Post Graduate18.93%
Others23.98%
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    The Terraces
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