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Front view of a multi-story apartment building with balconies and a main entrance.
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MLS ID #12298501
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  2. Downers Grove, IL/
  3. The Terraces
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The Terraces

Community constructed 1966-1969

BUILDINGS (OVER 5 UNITS)
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BUILDINGS (2-5 UNITS)
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SINGLE UNITS
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Description

The Terraces is a residential community comprising 420 units, spread across four multi-unit buildings. The available units include a variety of one, two, and three-bedroom configurations, with sizes ranging from 650 to 1010 square feet. Residents of The Terraces benefit from an array of association amenities designed for convenience and recreation. These amenities include an exercise room, health club, and intercom system, promoting an active and well-connected lifestyle. Accessibility features such as a service elevator and wheelchair-oriented facilities ensure inclusivity for all residents. Additional amenities include a laundry facility, security lighting, and a receiving room. Outdoor enthusiasts can enjoy a bike room and trails, a park, and a picnic area. The community also boasts a party room and patio, providing ample space for social gatherings. The Terraces offers a well-rounded residential experience with its diverse range of amenities.

Description
The Terraces is a residential community comprising 420 units, spread across four multi-unit buildings. The available units include a variety of one, two, and three-bedroom configurations, with sizes ranging from 650 to 1010 square feet. Residents of The Terraces benefit from an array of association amenities designed for convenience and recreation. These amenities include an exercise room, health club, and intercom system, promoting an active and well-connected lifestyle. Accessibility features such as a service elevator and wheelchair-oriented facilities ensure inclusivity for all residents. Additional amenities include a laundry facility, security lighting, and a receiving room. Outdoor enthusiasts can enjoy a bike room and trails, a park, and a picnic area. The community also boasts a party room and patio, providing ample space for social gatherings. The Terraces offers a well-rounded residential experience with its diverse range of amenities.
Front view of a multi-story apartment building with balconies and a main entrance.View Listing
MLS ID #12298501
Front view of a multi-story apartment building with balconies and a main entrance.MLS ID #12298501
Front view of a multi-story apartment building with balconies.MLS ID #12192072
Front view of a three-story apartment building with balconies and large windows.MLS ID #12149270
The Terraces Market Stats Last 12 months
AVG. LISTED PRICE$172,311($225 /sqft.)

AVG. SALE PRICE$165,931($219 /sqft.)
YEAR OVER YEAR LIST PRICETrending Up10.27%

YEAR OVER YEAR SALE PRICETrending Up11.69%
TOTAL LISTINGS23 Listed

TOTAL SOLD9 Sold
AVERAGE DAYS ON MARKET71 days
AVERAGE HOA FEES PER SQFT$5 /monthly
Market StatsLast 12 months
AVG. LISTED PRICE
$172,311($225 /sqft.)

AVG. SALE PRICE
$165,931($219 /sqft.)
YEAR OVER YEAR LIST PRICETrending Up10.27%

YEAR OVER YEAR SALE PRICETrending Up11.69%
TOTAL LISTINGS23 Listed

TOTAL SOLD9 Sold
AVERAGE DAYS ON MARKET71 days
AVERAGE HOA FEES PER SQFT$5 /monthly
Amenities
Elevator(s)
Elevator(s)
Exercise Room
Exercise Room
Health Club
Health Club
Security Door Lock(s)
Security Door Lock(s)
Security Lighting
Security Lighting
Laundry
Laundry
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
Service Elevator(s)
Service Elevator(s)
Wheelchair Orientd
Wheelchair Accessible
Balcony
Balcony
Elevator(s)
Elevator(s)
Exercise Room
Exercise Room
Health Club
Health Club
Security Door Lock(s)
Security Door Lock(s)
Security Lighting
Security Lighting
Amenities
Elevator(s)
Elevator(s)
Exercise Room
Exercise Room
Health Club
Health Club
Security Door Lock(s)
Security Door Lock(s)
Security Lighting
Security Lighting
Laundry
Laundry
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
Service Elevator(s)
Service Elevator(s)
Wheelchair Orientd
Wheelchair Accessible
Balcony
Balcony
Policies
Pets allowed
Pets not allowed
BBQ allowed
BBQ not allowed
Sublet allowed
Sublet not allowed
Short term rental not allowed
Short term rental not allowed

The Neighborhood:

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