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  3. West Chicago, IL
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  5. Gateway Centre
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Gateway Centre

550 Main Street, West Chicago, IL, 60185

YEAR BUILT

2004

# STORIES

2

# TOTAL UNITS

9

UNIT SIZE RANGE

1,014-1,243 sqft

Description

Gateway Centre is located at 550 Main Street in West Chicago. This low-rise building consists of 2 stories and has 9 condominium units. The property has a focus on community living, making it an inviting space for many. Built in 2004, the building provides a contemporary setting amid a welcoming neighborhood. Units in Gateway Centre range in size from 1,014 to 1,243 square feet. Floor plans include both 1 and 2 bedrooms, catering to different living arrangements. Prices for these units range from $197,500 to $210,000. The average price per square foot is $194, making it an attractive option in the area. Recent sales show that the lowest sold price over the past year was around $197,500. On average, units within this building spend about 125 days on the market. These market dynamics reflect local trends and help inform potential buyers about the property’s value. Residents can enjoy local dining at places like El Nuevo Vallarta Sports Bar and Wingstop. For grocery needs, nearby options include Pirmo Insurance, which provides access to everyday necessities. The building is situated close to the intersection of Roosevelt Road and Gary Avenue, adding to its accessibility. Amenities in Gateway Centre include an intercom system and elevators that serve all floors. These features enhance daily living and provide ease of access for residents. Overall, the building's design and amenities work well to create a comfortable living environment.

Building ImageMLS ID #12129325
Building ImageMLS ID #12129325
Building Image
Building ImageView Listing

Gateway Centre

550 Main Street, West Chicago, IL, 60185

YEAR BUILT

2004

# STORIES

2

# TOTAL UNITS

9

UNIT SIZE RANGE

1,014-1,243 sqft

Description

Gateway Centre is located at 550 Main Street in West Chicago. This low-rise building consists of 2 stories and has 9 condominium units. The property has a focus on community living, making it an inviting space for many. Built in 2004, the building provides a contemporary setting amid a welcoming neighborhood. Units in Gateway Centre range in size from 1,014 to 1,243 square feet. Floor plans include both 1 and 2 bedrooms, catering to different living arrangements. Prices for these units range from $197,500 to $210,000. The average price per square foot is $194, making it an attractive option in the area. Recent sales show that the lowest sold price over the past year was around $197,500. On average, units within this building spend about 125 days on the market. These market dynamics reflect local trends and help inform potential buyers about the property’s value. Residents can enjoy local dining at places like El Nuevo Vallarta Sports Bar and Wingstop. For grocery needs, nearby options include Pirmo Insurance, which provides access to everyday necessities. The building is situated close to the intersection of Roosevelt Road and Gary Avenue, adding to its accessibility. Amenities in Gateway Centre include an intercom system and elevators that serve all floors. These features enhance daily living and provide ease of access for residents. Overall, the building's design and amenities work well to create a comfortable living environment.

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Description

Gateway Centre is located at 550 Main Street in West Chicago. This low-rise building consists of 2 stories and has 9 condominium units. The property has a focus on community living, making it an inviting space for many. Built in 2004, the building provides a contemporary setting amid a welcoming neighborhood. Units in Gateway Centre range in size from 1,014 to 1,243 square feet. Floor plans include both 1 and 2 bedrooms, catering to different living arrangements. Prices for these units range from $197,500 to $210,000. The average price per square foot is $194, making it an attractive option in the area. Recent sales show that the lowest sold price over the past year was around $197,500. On average, units within this building spend about 125 days on the market. These market dynamics reflect local trends and help inform potential buyers about the property’s value. Residents can enjoy local dining at places like El Nuevo Vallarta Sports Bar and Wingstop. For grocery needs, nearby options include Pirmo Insurance, which provides access to everyday necessities. The building is situated close to the intersection of Roosevelt Road and Gary Avenue, adding to its accessibility. Amenities in Gateway Centre include an intercom system and elevators that serve all floors. These features enhance daily living and provide ease of access for residents. Overall, the building's design and amenities work well to create a comfortable living environment.

Gateway Centre Key Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price$197,500($194/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market125 days

Average HOA fees per sqft$3 /monthly
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Key Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market125 days

Average HOA fees per sqft$3 /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

Gateway Centre Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 215215114412672025-11-25
MLS#: 12475970
Closed$210,000
Unit 2092091019111252024-12-10
MLS#: 12129325
Closed$197,500
Unit 205205116322522021-10-04
MLS#: 11188245
Closed$180,000
Unit 205
205

2 Beds

2 Baths

1163 sqft


DateStatusPrice
2021-10-04Closed$180,000
MLS#: 11188245
Days On Market52
Unit 209
209

1 Beds

1 Baths

1019 sqft


DateStatusPrice
2024-12-10Closed$197,500
MLS#: 12129325
Days On Market125
Unit 215
215

1 Beds

2 Baths

1144 sqft


DateStatusPrice
2025-11-25Closed$210,000
MLS#: 12475970
Days On Market67
View Complete Unit Listing HistorySource By: MRED

Amenities

Even though it’s a smaller building, Gateway Centre doesn’t skimp on conveniences. Enjoy the security of intercom systems and the accessibility provided by elevators. These amenities ensure you feel right at home while enhancing the comfort and ease of condo living. Perfect for busy young professionals or small families, these features support both a laid-back lifestyle and the hustle of day-to-day life.

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Amenities Description

Even though it’s a smaller building, Gateway Centre doesn’t skimp on conveniences. Enjoy the security of intercom systems and the accessibility provided by elevators. These amenities ensure you feel right at home while enhancing the comfort and ease of condo living. Perfect for busy young professionals or small families, these features support both a laid-back lifestyle and the hustle of day-to-day life.

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

Elevator(s)

Elevator(s)

Security Door Lock(s)

Security Door Lock(s)

Balcony

Balcony

Policies

Gateway Centre maintains a few clear guidelines, which encourages a harmonious living environment. You will find policies regarding occupancy limits and size restrictions, which help keep the community friendly and inviting. Furthermore, this property welcomes cats, so your furry friends can make themselves at home, enhancing the sense of community and making bonding moments even more delightful.

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Amenities Description

Gateway Centre maintains a few clear guidelines, which encourages a harmonious living environment. You will find policies regarding occupancy limits and size restrictions, which help keep the community friendly and inviting. Furthermore, this property welcomes cats, so your furry friends can make themselves at home, enhancing the sense of community and making bonding moments even more delightful.

Pet Allowed
Check
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)
Gateway Centre$194/sqft.$3 /sqft.
550 Main St$194/sqft.$3 /sqft.
515 Main Street$211/sqft.$3 /sqft.
515 Main St$211/sqft.$3 /sqft.
247 N Neltnor Ave$180/sqft.$3 /sqft.
247 N Neltnor Boulevard$180/sqft.$3 /sqft.

Nearby Schools

Gateway Centre is situated close to local schools in , West Chicago. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

Community High School

B-
Public|Grades 9–12
326 Joliet St|0.52 miles away

Leman Middle School

C-
Public|Grades 6–8
238 E Hazel St|0.66 miles away

Trinity School

--
Public|Grades PK–PK
331 George St|0.77 miles away

Early Learning Center

--
Public|Grades PK–PK
300 E Forest Ave|0.81 miles away

Gary Elementary School

B-
Public|Grades KG–5
130 E Forest Ave|0.86 miles away

Turner Elementary School

C+
Public|Grades KG–5
750 Ingalton Ave|0.94 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
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Description

Gateway Centre is situated close to local schools in , West Chicago. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

Community High School

B-
Public|Grades 9–12
326 Joliet St|Less than 1 Mile Away

Leman Middle School

C-
Public|Grades 6–8
238 E Hazel St|Less than 1 Mile Away

Trinity School

--
Public|Grades PK–PK
331 George St|Less than 1 Mile Away

Early Learning Center

--
Public|Grades PK–PK
300 E Forest Ave|Less than 1 Mile Away

Gary Elementary School

B-
Public|Grades KG–5
130 E Forest Ave|Less than 1 Mile Away

Turner Elementary School

C+
Public|Grades KG–5
750 Ingalton Ave|Less than 1 Mile Away

Pioneer Elementary School

B+
Public|Grades KG–5
615 Kenwood Ave|1.04 Miles Away

Educare of West Dupage

--
Public|Grades PK–PK
851 Pearl Rd|1.10 Miles Away

Indian Knoll Elementary School

C+
Public|Grades KG–5
0N645 Indian Knoll...|1.16 Miles Away

Wheaton Academy

--
Private|Grades 9–12
900 Prince Crossin...|1.46 Miles Away

Currier Elementary School

B-
Public|Grades KG–5
800 Garys Mill Rd|1.74 Miles Away

Wegner Elementary School

C-
Public|Grades KG–5
1180 Marcella Ln|1.81 Miles Away

Transit

Situated in , Gateway Centre offers convenient access to city-wide public transportation. Nearby Rail within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

West Chicago

0.14 miles away|3 min walk

The Neighbourhood: Gateway Centre

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Gateway Centre Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.61% are children aged 0–14, 25.96% are young adults between 15–29, 19.61% are adults aged 30–44, 20.38% are in the 45–59 range and 14.44% are seniors aged 60 and above. Commuting options are also varying where 87.78% of residents relying on driving, while others prefer public transit around 2.19%, walking around 2.06%, biking around 0.08%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 72.35% of units owner occupied and 27.65% are rented. The neighborhood offers different household types. About 26.73% are single family homes and 26.78% are multi family units. Around 20.82% are single-person households, while 79.18% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 13.3% of residents have bachelor’s degrees. Around 29.25% have high school or college education. Another 7.6% hold diplomas while 5.96% have completed postgraduate studies. The remaining are 43.89% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 19.61% are children aged 0–14, 25.96% are young adults between 15–29, 19.61% are adults aged 30–44, 20.38% are in the 45–59 range and 14.44% are seniors aged 60 and above. Commuting options are also varying where 87.78% of residents relying on driving, while others prefer public transit around 2.19%, walking around 2.06%, biking around 0.08%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 72.35% of units owner occupied and 27.65% are rented. The neighborhood offers different household types. About 26.73% are single family homes and 26.78% are multi family units. Around 20.82% are single-person households, while 79.18% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 13.3% of residents have bachelor’s degrees. Around 29.25% have high school or college education. Another 7.6% hold diplomas while 5.96% have completed postgraduate studies. The remaining are 43.89% with other types of qualifications.

Age Demographics

0–14 Years

19.61%

15–29 Years

25.96%

30–44 Years

19.61%

45–59 Years

20.38%

60+ Years

14.44%

Commute

2.19%

Transit

2.06%

Walk

87.78%

Drive

0.08%

Bike

Housing Ownership

72.35%

Owner Occupied

27.65%

Rental Units

Household Types

Single Family
26.73%
Multi Family
26.78%
Single Person
20.82%
Multi Person
79.18%

Average Income

Household:$7,923,571.42 /yr

Individual:$2,880,056.59 /yr

Education

Bachelors Degree13.3%
High School College29.25%
Diploma7.6%
Post Graduate5.96%
Others43.89%
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Education

Diploma7.6%
Post Graduate5.96%
Others43.89%
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    Gateway Centre
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