500 Raef Road

Closed 4/17/26

Sold

Last Sold Price

$443,000

4 beds3 baths3,590 sqft

500 Raef Rd, Downs, IL 61736

Single FamilyProperty Type

0.24 acresLot Size

2018Year Built

$123/sq ftPrice per sq ft

3 carsParking Spaces

Description

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...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!

Sold By Coldwell Banker Real Estate Group

Listed by: Brad Thoele 309.830.1158 bradthoele@gmail.com • RE/MAX Rising

Listing closed: 04/17/2026 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12564612

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$3,276 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,365

Property Taxes

$911

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Property Information for 500 Raef Road

Property Details

Taxes: $10,930 / year
MLS Type: Detached Single / 1 Story
County: McLean County
Area: Downs
Subdivision: Beecher Trails
Township: Old Town
Ownership: Fee Simple
Num Of Garage Spaces: 3.0
Air Conditioning Type: Central Air
Heat/Fuel: Natural Gas, Forced Air
Architectural Style: Ranch

Building Information

Year Built: 2018
Lot Size: 0.24 AC / 10,471 SF

General Information

School Information

Elementary School District: 3
Elementary School: Tri-Valley Elementary School

Jr High Middle School: Tri-Valley Junior High School
High School District: 3
High School: Tri-Valley High School
Middle Or Junior School District: 3

Addtl Parking Information

Parking Details: Concrete, Garage Door Opener, Yes, Other, Attached, Garage

Taxes and HOA Information

Association Fee Frequency: Not Applicable
Association Fee Includes: None

Master Association Fee: No
Master Association Fee Frequency: Not Required

Property Information

Interior Features

Interior Property Features: 1st Floor Bedroom, Built-in Features, Walk-In Closet(s), Open Floorplan, Granite Counters
Num Of Rooms: 7

Bedrooms Total: 3
Bedrooms (Below Grade): 1
Bath Amenities: Double Sink
Basement Type: Partially Finished, Full
Bedrooms Possible: 4
Air Conditioning: Central Air
Flooring: Hardwood
Basement Sq Ft: 1795
Basement Bathrooms: Yes
Room Type: Family Room, Storage
Num of Baths: 3.0

Exterior Features

Patio And Porch Features: Patio
Type: 1 Story

Utilities / Equipment

Sewer: Sewer-Public
Water: Public

Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Water Softener Rented
Other Equipment: Water-Softener Rented, Ceiling Fan(s)

Property/Lot Information

Exterior Property Features: Hot Tub, Fire Pit
New Construction YN: No

Rebuilt: No
Rehabilitated: No
Built Before 1978: No
Age: 6-10 Years
Type Detached: 1 Story
Total Sq Ft: 1795
Aprox Total Finished Sq Ft: 3018
Total Finished and Unfin Sq Ft: 3590
Main Sq Ft: 1795
Lot Size: Less Than .25 Acre
Lot Dimensions: 88 X 119
Zero Lot Line: No
Waterfront: No
Disability Access and/or Equipped: No
Exterior Building Type: Vinyl Siding, Brick
Construction: Vinyl Siding, Brick
General Information: None
Below Grade Finished Area: 1223.0
Living Area Source: Builder
Unfinished Basement Sq Ft: 572

Property and Assessments

Public Document Count: 2
Document Date: 2026-02-16T16:10:58

Photos Count: 46
Rural: N
OpenHouse Count: 0

Virtual Tour/Additional Media

Virtual Tour: None
Virtual Tour YN: No

Room Information

Master Bedroom Information

Master Bedroom Level: Main
Room Type: Master Bedroom

Master Bedroom Bath: Full
Master Bedroom Dimensions: 16X14

Bedroom #2 Information

2nd Bedroom Level: Main
Room Type: Bedroom 2

Bedroom #2 Room Dimensions: 14X11

Bedroom #3 Information

3rd Bedroom Level: Main
Room Type: Bedroom 3

Bedroom #3 Room Dimensions: 13X11

Bedroom #4 Information

4th Bedroom Level: Basement
Room Type: Bedroom 4

Bedroom #4 Room Dimensions: 14X12

Dining Room Information

Dining Room Level: N/A
RoomType_DR: Dining Room

Family Room Information

Family Room Level: Main
RoomType_FR: Family Room

Family Room Dimensions: 18X16

Kitchen Information

Kitchen Level: Main
RoomType_KT: Kitchen

Kitchen Dimensions: 20X15

Laundry Information

Laundry Level: Main
Room Type: Laundry

Laundry Dimensions: 10X7

Living Room Information

Living Room Level: N/A
Room Type: Living Room

Storage Room 1 Information

Room Level: Basement
Room Type: Storage

Dimensions: 22X23

Storage Room 2 Information

Room Level: Basement
Room Type: Storage

Dimensions: 7X11

Family Room Down Information

Room Level: Basement
Room Type: Family Room - Down

Dimensions: 30X23

Property History for 500 Raef Road

Date	Event & Source	Price	Appreciation
Apr 17, 2026	Sold (Public Record) Public Record #1938242254	$443,000	+5.5% / yr
Apr 17, 2026	Sold MRED #12564612	$443,000	—
Feb 18, 2026	Pending MRED #12564612		—
Feb 18, 2026	Contingent MRED #12564612		—
Feb 13, 2026	Listed (Active) MRED #12564612	$449,900	—
Dec 31, 2019	Sold (Public Record) Public Record #1351702221	$317,000	-23.9% / yr
Dec 31, 2019	Sold MRED #10361874	$317,000	—
Nov 11, 2019	Pending MRED #10361874		—
Apr 30, 2019	Listed (Active) MRED #10361874	$299,900	—
Dec 19, 2018	Sold (Public Record) Public Record #1306043716	$420,000	—

Date	Event & Source	Price
04/17/2026	Sold (Public Record) Public Record #1938242254	$443,000 +5.5% / yr
04/17/2026	Sold MRED #12564612	$443,000
02/18/2026	Pending MRED #12564612	—
02/18/2026	Contingent MRED #12564612	—
02/13/2026	Listed (Active) MRED #12564612	$449,900
12/31/2019	Sold (Public Record) Public Record #1351702221	$317,000 -23.9% / yr
12/31/2019	Sold MRED #10361874	$317,000
11/11/2019	Pending MRED #10361874	—
04/30/2019	Listed (Active) MRED #10361874	$299,900
12/19/2018	Sold (Public Record) Public Record #1306043716	$420,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

500 Raef Road

Beds

Total Finished SqFt

1,783 SqFt

Above Grade Finished SqFt

1,783 SqFt

Stories

Lot Size

10,454 SqFt

Style

Single Family Residence

Schools near 500 Raef Road

This home is within Tri Valley Community Unit School District 3.


Rating	School	Type	Grades	Distance
10/10	Tri-Valley Elementary School	Public - Serves this home	PK to 3	1.0 mi
7/10	Tri-Valley Middle School	Public - Serves this home	4 to 8	1.3 mi
10/10	Tri-Valley High School	Public - Serves this home	9 to 12	1.1 mi


Rating	School	Distance
10/10	Tri-Valley Elementary School PublicPK to 3 Serves this home	1.0 mi
7/10	Tri-Valley Middle School Public4 to 8 Serves this home	1.3 mi
10/10	Tri-Valley High School Public9 to 12 Serves this home	1.1 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 500 Raef Road, Downs, IL 61736	$443,000	4	3	3,590	10,471
Lot 5 Beecher Trail, Downs, IL 61736	$64,500	–	–	–	10,472
502 Raef Road, Downs, IL 61736	$427,500	5	4	3,678	10,472
Lot 4 Beecher Trail, Downs, IL 61736	$63,500	–	–	–	10,115
406 Raef Road, Downs, IL 61736	$430,000	4	3	3,490	10,710
Lot 23 Beecher Trail, Downs, IL 61736	$65,500	–	–	–	12,390
501 Raef Road, Downs, IL 61736	$352,500	6	4	4,458	12,390
407 Raef Road, Downs, IL 61736	$218,500	3	2	1,566	12,000
503 Raef Road, Downs, IL 61736	$287,500	4	3	1,795	10,030
Lot 3 Raef Road, Downs, IL 61736	$65,000	–	–	–	10,018
405 Raef Road, Downs, IL 61736	$415,000	5	4	3,477	10,890
Lot 21 Beecher Trail, Downs, IL 61736	$67,500	–	–	–	10,800
404 Raef Road, Downs, IL 61736	$317,500	–	–	–	–
103 Dode Drive, Downs, IL 61736	$328,500	4	3	2,303	–
Lot 32 Dode Drive, Downs, IL 61736	$70,000	–	–	–	11,761
102 Dode Drive, Downs, IL 61736	$450,000	4	4	4,263	12,196

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Listing Courtesy of RE/MAX Rising

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/17/2026 01:48 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.