Score
0Downers Grove, IL
6322 Wilshire Dr
475K
3 beds
2 baths
2,272 sqft
3 bd • 2 ba • 2,272 sf
This analysis was generated on 1/25/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$475,000
Price/Sq.Ft
$209
Year Built
1957
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
This property excels with its prime location in the sought-after Downers Grove North area, offering a generous 2,272 sqft of living space on a nearly half-acre lot. At $209.07/sqft, it's priced competitively compared to the area average. Recent updates include a beautifully remodeled kitchen with granite countertops and stainless steel appliances, adding significant value. The property boasts excellent climate risk scores, with minimal flood (1/10) and fire (1/10) risks, potentially leading to lower insurance costs. With 3 bedrooms and 2 bathrooms, it's well-suited for families. The home has appreciated 11.8% since its last sale in 2021, outperforming the market average. Its location near highly-rated schools (Goodrich Elementary 8/10, Thomas Jefferson Jr High 9/10) adds to its appeal for families.
The Bad
The property's age (built in 1957) may require ongoing maintenance and potential system upgrades. While recently updated, some areas may still need attention. The moderate heat risk (3/10) and air quality risk (3/10) could be concerns for some buyers, potentially affecting comfort during peak summer months. The home's price point of $475,000 is above the median income for the area ($104,143), which may limit the pool of potential buyers. The lack of an HOA means all exterior maintenance and landscaping responsibilities fall solely on the homeowner, which could be a drawback for some buyers seeking a more hands-off ownership experience.
The Ugly
The property taxes in DuPage County, where Downers Grove is located, are notoriously high. While specific tax information isn't provided, buyers should anticipate a significant annual tax burden that could substantially increase the total cost of ownership. The estimated insurance cost of $1,710/year is relatively high, likely due to the property's size and value. The home's appreciation rate, while positive, has been inconsistent (43.9% increase from 2004 to 2021, followed by a 5.3% decrease), indicating potential market volatility. The moderate air quality risk (3/10) with 3 bad air days per year could be a health concern for sensitive individuals. Lastly, while the flood risk is minimal, the proximity to areas with higher flood risks in Downers Grove (near East Branch DuPage River and St. Joseph Creek) should be carefully considered.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is ideal for families with a household income of $150,000+ who prioritize space, quality schools, and a quiet suburban lifestyle. It suits buyers looking for a move-in ready home with recent updates, particularly those who appreciate entertaining spaces like the updated kitchen and lower level rec room. The nearly half-acre lot is perfect for gardening enthusiasts or those desiring outdoor living space. The property would appeal to professionals commuting to Chicago via Metra, given Downers Grove's convenient train access. Long-term investors could benefit from the area's strong appreciation potential and the opportunity to further update the property.
Not For
This property is not suitable for first-time homebuyers or those with limited budgets, given its price point and potential high property taxes. It's not ideal for those seeking a low-maintenance lifestyle, as the large lot and lack of HOA require significant upkeep. Buyers prioritizing new construction or modern architectural styles may find the 1957 build date less appealing. The home isn't suitable for large multigenerational families needing more than 3 bedrooms. Investors looking for high rental yields might find better opportunities, as the purchase price and potential property taxes could limit rental profitability.
Demographics
Area Median Income
$104,143
Property History
Price History
Ownership Timeline
$425,000Financed
Jun 29, 2021Marek Kantor, Beata Zabokrzycki KantorDaniel C Olds, Teresa L Haynes
Warranty Deed
Standard Sale (Purchase/Resales)
$312,000Financed
Jun 28, 2004Christine M BlechschmidtMarek Kantor
Warranty Deed
Standard Sale (Purchase/Resales)
Property Taxes
$10,103
2023 Tax Assessment
13.7%from previous year
Assessed Value$133,260
Tax Rate7.58%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
5.5/10
AverageMiddle
7.0/10
GoodHigh
8.0/10
ExcellentFinancials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$1,350
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$475,000
Price/sqft
$209
Layout
3 bd•2 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$394,833
20.3%
Your price is 20.3% above average
Median Price
$419,000
13.4%
Based on 6 recent sales
Price per Sq.Ft
$204
2.5%
Your price is 2.5% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 6725 Woodridge Drive, Woodridge, IL 60517 | $405,000 | 1,872 | 4 | 2 | $2163.5% | 10/23/2024 |
| 2311 Sunnydale Drive, Woodridge, IL 60517 | $435,000 | 1,950 | 4 | 2 | $2236.7% | 9/28/2024 |
| 6728 Westmoreland Drive, Woodridge, IL 60517 | $420,000 | 2,100 | 4 | 2 | $2004.3% | 8/31/2024 |
| 7001 Roberts Drive, Woodridge, IL 60517 | $300,000 | 1,872 | 3 | 2 | $16023.3% | 9/11/2024 |
| 6021 Lenox Court, Lisle, IL 60532 | $390,000 | 1,928 | 3 | 2 | $2023.2% | 8/27/2024 |
| 6613 Westmoreland Drive, Woodridge, IL 60517 | $419,000 | 1,872 | 4 | 2 | $2247.1% | 8/20/2024 |
6725 Woodridge Drive, Woodridge, IL 60517
Price: $405,000
Sq.Ft: 1,872
Beds/Baths: 4/2
$/Sq.Ft:
$2163.5%
Sale Date: 10/23/2024
2311 Sunnydale Drive, Woodridge, IL 60517
Price: $435,000
Sq.Ft: 1,950
Beds/Baths: 4/2
$/Sq.Ft:
$2236.7%
Sale Date: 9/28/2024
6728 Westmoreland Drive, Woodridge, IL 60517
Price: $420,000
Sq.Ft: 2,100
Beds/Baths: 4/2
$/Sq.Ft:
$2004.3%
Sale Date: 8/31/2024
7001 Roberts Drive, Woodridge, IL 60517
Price: $300,000
Sq.Ft: 1,872
Beds/Baths: 3/2
$/Sq.Ft:
$16023.3%
Sale Date: 9/11/2024
6021 Lenox Court, Lisle, IL 60532
Price: $390,000
Sq.Ft: 1,928
Beds/Baths: 3/2
$/Sq.Ft:
$2023.2%
Sale Date: 8/27/2024
6613 Westmoreland Drive, Woodridge, IL 60517
Price: $419,000
Sq.Ft: 1,872
Beds/Baths: 4/2
$/Sq.Ft:
$2247.1%
Sale Date: 8/20/2024
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