This home's estimate is 0.7% lower than the average sale price ($459K) of 6 comparable homes.
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500 Raef Rd, Downs, IL 61736
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About this home
Welcome home to this beautifully maintained split ranch home located in the highly desirable Tri-Valley School District with no backyard neighbors! Offering the ease of one-floor living and an inviting open floor plan. The kitchen features ample cabinetry and counter space, making meal prep and gatherings a breeze. The master bedroom is appointed with two large walk-in closets (11x7 and 11x5). The finished basement adds incredible versatility with additional living space including a huge family room area plus a sizable bedroom and full bath. There is also over 500 square feet of storage in the basement. The backyard is equipped with an oversized patio, professional landscaping and poured concrete border edging. Additional outdoor amenities include a natural gas firepit, natural gas Blackstone griddle and hot tub all to remain for the next owners to enjoy! The 3 car garage with this home is impeccable, boasting a 34 foot deep 3rd stall, heater, laundry sink, pre-wired for EV charger install, epoxy floor coating and floor drain. The options are endless with this garage!! Parking and winter maintenance are a breeze with a south facing driveway running all 3 stalls wide to the road. Don't miss your opportunity to own this fantastic home in Tri-Valley!
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Market trends in 61736, IL
Last updated July 2026
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Est. $3,482 per month, based on comparable rentals
Sale and tax history for 500 Raef Rd
- Sale History
- Tax History
$123/sq ft
$125/sq ft
$88/sq ft
Public record
Property details
Parking
- Parking Information
- # of Garage Spaces: 3
- # of Parking (Total): 3
- Parking Features: Concrete, Garage Door Opener, Other, Attached, Garage
Interior
- Bathroom Information
- # of Baths (Full): 3
- Bath Amenities: Double Sink
- Basement Bathrooms (Y/N): Yes
- Bedroom Information
- # of Bedrooms: 3
- # of Bedrooms Possible: 4
- # of Bedrooms (Below Grade): 1
- Room Information
- Room Type: Family Room - Down
- Level: Basement
- Dimensions: 30 x 23
- Flooring: Carpet
- Room Information
- Room Type: Storage
- Level: Basement
- Dimensions: 22 x 23
- Room Information
- Room Type: Storage
- Level: Basement
- Dimensions: 7 x 11
- Room Information
- Room Type: Bedroom 2
- Level: Main
- Dimensions: 14 x 11
- Flooring: Carpet
- Room Information
- Room Type: Bedroom 3
- Level: Main
- Dimensions: 13 x 11
- Flooring: Carpet
- Room Information
- Room Type: Bedroom 4
- Level: Basement
- Dimensions: 14 x 12
- Flooring: Carpet
- Room Information
- Room Type: Dining Room
- Room Information
- Room Type: Family Room
- Level: Main
- Dimensions: 18 x 16
- Flooring: Carpet
- Room Information
- Room Type: Kitchen
- Type: Eating Area-Breakfast Bar,Eating Area-Table Space,Island,Granite Counters
- Level: Main
- Dimensions: 20 x 15
- Flooring: Luxury Vinyl
- Room Information
- Room Type: Laundry
- Level: Main
- Dimensions: 10 x 7
- Flooring: Porcelain Tile
- Room Information
- Room Type: Living Room
- Room Information
- Room Type: Master Bedroom
- Level: Main
- Dimensions: 16 x 14
- Flooring: Carpet
- Bath: Full
- Additional Rooms Information
- Basement: Partially Finished, Full
- Basement Sq. Ft.: 1,795
- Laundry Features: Main Level, Gas Dryer Hookup, Electric Dryer Hookup
- Interior Features
- Interior Features: 1st Floor Bedroom, Built-in Features, Walk-In Closet(s), Open Floorplan, Granite Counters
- # of Rooms: 7
- Flooring: Hardwood
- Equipment
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Water Softener Rented
- Water-Softener Rented, Ceiling Fan(s)
Exterior
- Exterior Features
- Patio And Porch Features: Patio
- Exterior Features: Hot Tub, Fire Pit
- Building Information
- Living Area Source: Builder
- Below Grade Finished Area: 1,223
- Age: 6-10 Years
- Built Before 1978 (Y/N): No
- Construction Materials: Vinyl Siding, Brick
- Aprox. Total Finished Sq Ft: 3,018
- Property Information
- Property Type: Detached Single
- Property Type: 1 Story
- Main Sq Ft: 1795
- Ownership: Fee Simple
- Rebuilt (Y/N): No
- Rehab (Y/N): No
- Total Finished/Unfinshed Sq Ft: 3,590
- Total Sq Ft: 1,795
- Unfinished Basement Sq Ft: 572
- Parcel Number: 2232480006
- Lot Information
- Dimensions: 88 X 119
- Lot Size: Less Than .25 Acre
- Zero Lot Line: No
Financial
- Tax Information
- Tax Annual Amount: $10,929.70
- Tax Year: 2024
- Financial Information
- Finance Code: Conventional
- Special Service Area: N
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Heating & Cooling
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
Location
- Homeowners Association Information
- Master Association Fee Frequency: Not Required
- School Information
- Elementary School District: 3
- Elementary School: Tri-Valley Elementary School
- Middle Or Junior School District: 3
- Middle Or Junior School: Tri-Valley Junior High School
- High School District: 3
- High School: Tri-Valley High School
- Location Information
- Subdivision Name: Beecher Trails
- Township: Old Town
- Corporate Limits: Downs
- Directions: Rte 150 to Right on N 2000 East Rd., Right on Raef
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 10,454 square feet
- Style: Single Family Residential
- Year Built: 2018
- Year Renovated: —
- County: McLean County
- APN: 2232480006
Other
- Listing Information
- Holds Earnest Money: Yes
- Possession: Closing
- Some Photos Virtually Staged?: No
Around this home
Schools
Public PreK-3 • Assigned • 1.0mi
Public 4-8 • Assigned • 1.3mi
Public 9-12 • Assigned • 1.1mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 104° expected this year, 18 days in 30 years
2% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Sell confidently with a local market expert in Downs.
Nearby similar homes
New listings for sale in 61736
Home values near 500 Raef Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $368,395 |
5 Beds | 3.5 Baths | 3477 Sq. Ft. | $469,642 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 4.5 Baths | 4400 Sq. Ft. | $537,643 |
- Beds | - Baths | - Sq. Ft. | $496,218 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $398,235 |
- Beds | - Baths | - Sq. Ft. | — |
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