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Front view of a multi-story apartment building with balconies and a main entrance.
Gallery16
MLS ID #12298501
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  1. Home
  2. /Downers Grove, IL
  3. /The Terraces
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The Terraces

Community constructed 1966-1969

BUILDINGS (OVER 5 UNITS)
Gallery4
BUILDINGS (2-5 UNITS)
Gallery0
SINGLE UNITS
Gallery0

About The Terraces

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.

About The Terraces

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$178,520($225 /sqft.)
AVG. SALE PRICE$169,719($224 /sqft.)
YEAR OVER YEAR LIST PRICETrending Up11.57%
YEAR OVER YEAR SALE PRICETrending Up7.22%
TOTAL LISTINGS21 Listed
TOTAL SOLD16 Sold
AVERAGE DAYS ON MARKET94 days
AVERAGE HOA FEES PER SQFT$5 /monthly

Market StatsLast 12 months

AVG. LISTED PRICE
$178,520($225 /sqft.)
AVG. SALE PRICE
$169,719($224 /sqft.)
YEAR OVER YEAR LIST PRICETrending Up11.57%
YEAR OVER YEAR SALE PRICETrending Up7.22%
TOTAL LISTINGS21 Listed
TOTAL SOLD16 Sold
AVERAGE DAYS ON MARKET94 days
AVERAGE HOA FEES PER SQFT$5 /monthly

The Terraces 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

The Terraces 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:

Frequently Asked Questions About The Terraces

How many buildings are there in The Terraces?

The Terraces has a total of 4 buildings, all of which have more than 5 units.

How much does property typically cost in The Terraces?

In The Terraces, the average sales price is $169,719. The average listed price is $178,520.

What amenities can I expect in buildings in The Terraces?

Buildings in The Terraces include amenities like Park, Service Elevator(s), Bike Room/Bike Trails, Security Lighting, Picnic Area, Exercise Room, Receiving Room, Patio, Laundry, Elevator(s), Wheelchair Oriented, Party Room, Health Club, and Intercom.

What is the average HOA fee in buildings in The Terraces?

The average HOA fee in The Terraces is $5 per square foot.

What is the parking situation like in The Terraces buildings?

Parking data for The Terraces includes features such as Visitor Parking, Additional Parking, and Parking Lot.
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  1. Home
  2. /Downers Grove, IL
  3. /The Terraces
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