2 Days Ago
Location
4941 Montgomery Ave, Downers Grove, IL 60515, USA
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Amenities for 4941 Montgomery Ave
Features
| 2 Floors | Central Air |
| Fireplace | Hardwood Floor |
| Natural Gas |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Cedar | Laundry Room |
Grounds
| 2 Parking Spaces | Garage Parking |
| Outdoor Space |
Other
| Roof Type: Asphalt | Ten Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 4941 Montgomery Ave
Property Status: Active Step into timeless elegance at 4941 Montgomery Avenue, a beautifully restored 4 Bedroom vintage charmer nestled in the heart of Downers Grove's Downtown and highly sought-after Historic District. This immaculate home seamlessly blends classic character with modern luxury, offering the perfect balance of old-world craftsmanship and contemporary design. From the moment you enter, you're welcomed by a spacious living room featuring stunning original hardwood floors, a striking beamed ceiling, and an inviting wood-burning fireplace with a gorgeous stone surround. An arched entryway leads to a generous dining room ideal for entertaining, while the completely renovated chef's kitchen boasts stainless steel appliances, granite countertops, abundant cabinetry, and exceptional flow for everyday living. Upstairs, you'll find three well-appointed bedrooms, all showcasing original hardwood flooring, along with a full bath and a wide hallway that enhances the home's open feel. A unique bonus room tucked beyond the primary bedroom closet offers endless possibilities-perfect as a playroom, art studio, or creative retreat. The fully finished basement expands your living space with a fourth bedroom, private office, beautifully updated full bath with Large Tile and Glass Shower with double sink vanity, recreation/convenient kitchenette-ideal for related living or guest accommodations. Outside, enjoy a professionally landscaped yard(will be completing Landscaping soon), a spacious deck accessible from the cozy family room, and long Paver Brick Driveway leading to a 2.5-car garage complete with a large loft-perfect for a home office, studio, or additional flex space. Every inch of this home has been thoughtfully updated, featuring luxurious black and gold accents, designer lighting, and expertly crafted wood details throughout. With all major updates completed-including flooring, walls, paint, and fully renovated bathrooms-this home is truly move-in ready. Located within walking distance to the train station, short walk to top-rated Downers Grove schools, and the vibrant downtown filled with restaurants, boutiques, and entertainment, this one-of-a-kind property offers an unmatched lifestyle. Come experience the perfect fusion of historic charm and modern sophistication-this exceptional home is not to be missed. Office Phone: (630) 276-8337 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4941 Montgomery Ave compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
- More space
- The 3-bedroom is 1179 sqft larger than other listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 60515 |
|---|---|
| Type | House for rent |
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Rent trends in Downers Grove
3-bedroom apartments at 4941 Montgomery Ave cost about 44% more than the average rent price for 3-bedroom apartments in Downers Grove.
Median rents as of Apr 4 2026.
Downers Grove
| Month | Median Rent |
|---|---|
| April 2024 | $3,300 |
| May 2024 | $3,266 |
| June 2024 | $2,999 |
| July 2024 | $2,984 |
| August 2024 | $3,196 |
| September 2024 | $2,495 |
| October 2024 | $2,472 |
| November 2024 | $2,458 |
| December 2024 | $2,535 |
| January 2025 | $2,530 |
| February 2025 | $2,492 |
| March 2025 | $2,540 |
| April 2025 | $2,650 |
| May 2025 | $2,690 |
| June 2025 | $2,543 |
| July 2025 | $2,639 |
| August 2025 | $2,837 |
| September 2025 | $3,578 |
| October 2025 | $2,941 |
| November 2025 | $2,589 |
| December 2025 | $2,606 |
| January 2026 | $2,846 |
| February 2026 | $3,071 |
| March 2026 | $3,460 |
| April 2026 | $3,448 |
Affordability calculator
Can I afford to live at 4941 Montgomery Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$198,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $198,000 annually to afford this 3-bedrooms monthly rent price of $4,950.
For more information on rent affordability, visit our rent calculator.
Schools near 4941 Montgomery Ave
Pierce Downer Elementary School
1436 grant st
downers grove, IL, 60515
PK, K-6Public
A-
Lisle Elementary School
5801 westview ln
lisle, IL, 60532
PK, K-5Public
A-
John Schroder Early Childhood Ctr
1519 s grace st
lombard, IL, 60148
PKPublic
Hillside Elementary School
4804 harrison st
hillside, IL, 60162
PK, K-8Public
C+
Addison Early Learning Center
650 s ardmore ave
addison, IL, 60101
PKPublic
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Internet available near 4941 Montgomery Ave
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Downers Grove near 4941 Montgomery Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 4941 Montgomery Ave, Downers Grove
Groceries
4/10
At least one supermarket within a 30-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Explore the area around 4941 Montgomery Ave
Jewel-Osco
1148 Ogden Ave
Fresh Thyme Market
325 Ogden Ave
Jewel-Osco
6215 Main St
Familia Fresh Market II
2065 63rd St
Bombay Bazar
2093 63rd St
Natural Path
5006 Main St
Total Image Bridal
1017 Burlington Ave
Bangle Boulevard
1005 Curtiss St
Knitche
5221 Main St
Curtiss One Hour Dry Cleaning
935 Curtiss St
Two Way Street Coffee House
1047 Curtiss St
Starbucks
5006 Main St
Peet's Coffee
5100 Main St
Starbucks
1149 Ogden Ave
Dunkin'
1931 Ogden Ave
Orange & Brew
1027 Burlington Ave
Wasabi Steak House LLC
5130 Main St
Another Round Bar & Grill
5141 Main St
Another Round Illinois
5141 Main St
Bar Chido
1012 Curtiss St
Macson Meat Trading Inc
1121 Warren Ave
Shaklee Distributor J Torres
5713 Brookbank Rd
Mama C's Delights
Goyal Donuts
522 Ogden Ave
Pepperidge Farm
230 2nd St
Prince Park
Gilbert Park
Fishel Park
Hoopers Hollow Park
Lee and Grant Park
Two Way Street Coffee House
1047 Curtiss St
Tasty Wok Chinese Kitchen, Inc
4956 Main St
Bonita Bowls
4956 Main St
Cappetta's
4920 Main St
Berto's Deli & Pasta Shop
5004 Main St
Downers Grove Metra (Main St / Warren Ave)
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Downers Grove Metra
Joliet - Downers Grove
Main St / Curtiss St
Joliet - Downers Grove
5121 Main St
Joliet - Downers Grove
Main St / Prairie Ave
Joliet - Downers Grove
Downers Grove
Burlington Northern
Belmont
Burlington Northern
Fairview Ave.
Burlington Northern
Westmont
Burlington Northern
Lisle
Burlington Northern
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