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Land and home values in Downers Grove, IL

Downers Grove is a village in DuPage County, Illinois, home to about 50,054 people. Residential land runs about $38.70 per sq ft, the typical home is worth about $540,000, and a 2-bedroom rents for about $2,080 a month, as of October 12, 2026.

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Values in Downers Grove

Land: residential$38.70per sq ft
Land: residential$1.69Mper acre
Land: quarter-acre lot$421,44310,890 sq ft
Home: typical (median)$540,000value
Home: entry-level$540,000lower quartile
Home: upper-end$1.09Mupper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$1,850per month
Rent: 2-bedroom$2,080per month
Rent: 3-bedroom$2,690per month
Rent: 4-bedroom$3,100per month
Gross yield, 2-bed4.6%a year

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Questions people ask

How much is land worth in Downers Grove, IL?

Residential land in Downers Grove, IL is about $38.70 per square foot, or $1.69M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $421,443. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Downers Grove, IL?

The typical (median) home in Downers Grove, IL is worth about $540,000, with entry-level homes around $540,000 and upper-end homes around $1.09M, as of October 2026.

How much is rent in Downers Grove, IL?

A 2-bedroom rents for about $2,080 a month in Downers Grove, IL, a 1-bedroom about $1,850 and a 3-bedroom about $2,690 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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