Location, Location, Location!! What an opportunity to build in the heart of Downers Grove. Two buildable lots located just west of Main St on Maple. Existing home on property "as is". The possibilities are endless! Just blocks to train, restaurants and shopping. Convenient to Good Samaritan Hospital, I-88 and I-355.
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Downers Grove is known for its beautiful neighborhoods and rising economic value. Located 22 miles west of Chicago and listed on Chicago Tribune's "Top 10 List of Downtowns," it has made quite a name for itself. Several major corporations have their headquarters located here including DeVry, Inc., Pepperidge Farm, Sara Lee and many more. Live entertainment, sports, shopping, ...
*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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