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 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.
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.
2900 Maple Ave Key Stats Last 12 months
Avg. Listed Price$177,813($238/Sqft.)
Avg. Sale Price$173,500($235/Sqft.)
Year over year list price0.67%
Year over year sale price3.40%
Total Listings8 Listed
Total sold7 Sold
Average Days on Market102 days
Average HOA fees per sqft$4 /monthly
Key Stats
Year over year list price0.67%
Year over year sale price3.40%
Total Listings8 Listed
Total sold7 Sold
Average Days on Market102 days
Average HOA fees per sqft$4 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
High
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
Medium
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.
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!
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
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
Visitors Parking
Amenities
Elevator(s)
Exercise Room
Health Club
Security Door Lock(s)
Coin Laundry
Patio
Receiving Room
Picnic Area
Bike Room/Bike Trails
Party Room
Storage
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
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 13.71% are children aged 0–14, 18.08% are young adults between 15–29, 18.11% are adults aged 30–44, 21.28% are in the 45–59 range and 28.81% are seniors aged 60 and above.
Commuting options are also varying where 71.5% of residents relying on driving, while others prefer public transit around 9.42%, walking around 0.34%, biking around 0.01%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 75.91% of units owner occupied and 24.09% are rented.
The neighborhood offers different household types. About 23.14% are single family homes and 4.07% are multi family units. Around 37.31% are single-person households, while 62.69% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 33.4% of residents have bachelor’s degrees. Around 14.03% have high school or college education. Another 9.67% hold diplomas while 18.93% have completed postgraduate studies. The remaining are 23.98% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 13.71% are children aged 0–14, 18.08% are young adults between 15–29, 18.11% are adults aged 30–44, 21.28% are in the 45–59 range and 28.81% are seniors aged 60 and above.
Commuting options are also varying where 71.5% of residents relying on driving, while others prefer public transit around 9.42%, walking around 0.34%, biking around 0.01%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 75.91% of units owner occupied and 24.09% are rented.
The neighborhood offers different household types. About 23.14% are single family homes and 4.07% are multi family units. Around 37.31% are single-person households, while 62.69% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 33.4% of residents have bachelor’s degrees. Around 14.03% have high school or college education. Another 9.67% hold diplomas while 18.93% have completed postgraduate studies. The remaining are 23.98% with other types of qualifications.
Age Demographics
13.71%(0 - 14 years old)
18.08%(15 - 29 years old)
18.11%(30 - 44 years old)
21.28%(45 - 59 years old)
28.81%(60+ years old)
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
23.14%
Single Family
4.07%
Multi Family
37.31%
Single Person
62.69%
Multi Person
Education
Bachelors Degree33.4%
High School College14.03%
Diploma9.67%
Post Graduate18.93%
Others23.98%
Education
Diploma9.67%
Post Graduate18.93%
Others23.98%
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