This home's estimate is 7.6% lower than the average sale price ($497K) of 5 comparable homes.
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502 Raef Rd, Downs, IL 61736
About this home
Gorgeous home alert! Set your sights on this stunning 1.5 story home located in the award winning Tri-Valley school district! This beauty shows like new construction with a large bedroom and full bathroom in the finished basement, primary bedroom and laundry sits on the main level, lovely kitchen and fenced in backyard round out just a few of the many features of this home. So many memories just waiting to be made here!
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Market trends in 61736, IL
Last updated September 2026
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Seller's Market
Seller's market
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Sale history for 502 Raef Rd
$116/sq ft
$116/sq ft
Tax history for 502 Raef Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # Of Cars: 3
- # of Garage Spaces: 3
- Parking: Garage
- Garage Ownership: Owned
- Garage On-Site: Yes
- Garage Type: Attached
- Garage Details: Garage Door Opener(s)
Interior
- Bathroom Information
- # of Baths (Full): 3
- # of Baths (1/2): 1
- Bath Amenities: Whirlpool
- Basement Bathrooms (Y/N): Yes
- Bedroom Information
- # of Bedrooms: 4
- # of Bedrooms Possible: 5
- # of Bedrooms (Below Grade): 1
- Room Information
- Room Type: Bedroom 5
- Level: Basement
- Dimensions: 12 x 15
- Room Information
- Room Type: Family Room - Down
- Level: Basement
- Dimensions: 13 x 22
- Flooring: Carpet
- Room Information
- Room Type: Bedroom 2
- Level: Second
- Dimensions: 14 x 13
- Flooring: Carpet
- Room Information
- Room Type: Bedroom 3
- Level: Second
- Dimensions: 11 x 13
- Flooring: Carpet
- Room Information
- Room Type: Bedroom 4
- Level: Second
- Dimensions: 11 x 14
- Flooring: Carpet
- Room Information
- Room Type: Dining Room
- Room Information
- Room Type: Family Room
- Level: Main
- Dimensions: 18 x 17
- Flooring: Hardwood
- Room Information
- Room Type: Kitchen
- Type: Eating Area-Table Space,Pantry-Closet
- Level: Main
- Dimensions: 14 x 21
- Flooring: Hardwood
- Room Information
- Room Type: Laundry
- Level: Main
- Dimensions: 7 x 12
- Flooring: Ceramic Tile
- Room Information
- Room Type: Living Room
- Room Information
- Room Type: Master Bedroom
- Level: Main
- Dimensions: 14 x 16
- Flooring: Carpet
- Bath: Full
- Additional Rooms Information
- Basement: Full
- Basement Description: Finished,Egress Window
- Basement Sq. Ft.: 1,368
- Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
- Interior Features
- Interior Features: Vaulted/Cathedral Ceilings, Walk-In Closet(s)
- # of Rooms: 8
- Equipment
- Appliances: Dishwasher, Range, Microwave
- Ceiling Fan(s)
- Fireplace Information
- # of Fireplaces: 1
- Fireplace Features: Gas Log, Attached Fireplace Doors/Screen
Exterior
- Exterior Features
- Exterior Features: Patio
- Building Information
- Living Area Source: Estimated
- Below Grade Finished Area: 1,100
- Exterior Building Type: Vinyl Siding,Brick
- Age: 6-10 Years
- Built Before 1978 (Y/N): No
- Aprox. Total Finished Sq Ft: 3,410
- Property Information
- Property Type: Detached Single
- Property Type: 1.5 Story
- Main Sq Ft: 1368
- Ownership: Fee Simple
- Rebuilt (Y/N): No
- Rehab (Y/N): No
- Total Finished/Unfinshed Sq Ft: 3,678
- Total Sq Ft: 2,310
- Upper Sq Ft: 942
- General Information: School Bus Service
- Parcel Number: 2232480005
- Lot Information
- Dimensions: 88 X 119
- Lot Size: Less Than .25 Acre
- Lot Features: Fenced Yard, Landscaped
- Zero Lot Line: No
- BNAR Zoning: R1A
Financial
- Tax Information
- Tax Annual Amount: $9,148.90
- Tax Year: 2021
- Financial Information
- Finance Code: VA
- Special Service Area: N
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Heating & Cooling
- Heating: Forced Air, Natural Gas
- 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 Junior High School
- Location Information
- Subdivision Name: Beecher Trails
- Township: Downs
- Corporate Limits: Downs
- Directions: Towanda Barnes to Rt 150 towards Downs R on 2000E R on Raef
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 10,454 square feet
- Style: Single Family Residential
- Year Built: 2017
- Year Renovated: —
- County: McLean County
- APN: 2232480005
Other
- Listing Information
- Holds Earnest Money: Yes
- Possession: Negotiable
Around this home
Schools
Public PreK-3 • Assigned • 1.0mi
Public 4-8 • Assigned • 1.2mi
Public 9-12 • Assigned • 1.1mi
Lifestyle
Provided by Walk Score and Local Logic
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
In this area, properties receive around 10.2 hours in June and 3.7 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
Home values near 502 Raef Rd
| Address | Redfin Estimate |
|---|---|
5 Beds | 4.5 Baths | 4400 Sq. Ft. | $547,056 |
5 Beds | 3.5 Baths | 1890 Sq. Ft. | $469,282 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3.5 Baths | 3477 Sq. Ft. | $469,679 |
4 Beds | 3 Baths | 3490 Sq. Ft. | $456,608 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 3669 Sq. Ft. | $460,985 |
4 Beds | 3 Baths | 3242 Sq. Ft. | $480,769 |
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