4816 Elm Street
Downers Grove, IL 60515
- 5 beds
- 3 baths
- 2,352 sqft
- ~1/2 acre lot
- $255 per sqft
- 1963 build
- – on site
Multiple Offers Received. Offer Deadline May 20th. THE ICONIC 90x197 Property Adjacent to Downtown Downers Grove's Washington Park and within 2 Blocks to Central Downtown Downers & 4 Blocks to the Main Street Metra BNSF Express Train Station. Undeniably one of the BEST LOCATIONS IN DOWNTOWN DOWNERS GROVE. THIS is where Dreams are Built and the possibilities for this property are truly open ended. Build your dream home with future pool potential, renovate for instant sweat equity, great investment property, or occupy and update as needed while enjoying Washington Park as your neighbor. THIS IS AN INCREDIBLE PROPERTY & has HUGE potential on an expansive .41 Acre Lot. Beautiful Solid Built home has 5 Bedrooms, 3 Full Bathrooms, 4 Car Garage (2 Car Attached & 2 Car Detached), Open Layout on the Main Level and Full Basement with Family Room and walkout to the stunning backyard. Major components to the home have been updated within the past few years; new vinyl windows, new roof & gutters, new furnace & ac, new water heater, new vinyl siding & fascia, walkout basement with new concrete patio & new patio door, new electrical panel, 2 of the bathrooms updated, updated stainless steel kitchen appliances, and more! Main level features solid hardwood floors throughout Living Room, Dining Room, Foyer, and 3 Bedrooms. Main level includes Bright open layout with Living Room open to the Dining Room and Kitchen. Primary bedroom with updated ensuite full bathroom with shower and 2 additional bedrooms along with a hallway updated full bathroom with soaking tub complete the Main level living areas. The walkout basement includes a large recreation family room with newer sliding glass doors that walkout to the newer concrete patio overlooking the expansive private backyard. Basement recreation area includes additional room for an eating area, full bathroom with shower, 2 additional bedrooms, flex room/office, and laundry/utility room with washer/dryer and sink. Property sits on one of the most desirable streets in town and within the most highly sought after schools; Lester Elementary, Herrick Middle, & Downers North High School. Blocks to SEVERAL Private Schools in town as well. Welcome Home to Downtown Downers Grove Living. Pre Approvals or proof of funds required to schedule a showing of the property & Buyers must be accompanied by their agent.
Listing courtesy of MRED / Keller Williams Experience as distributed by MLS GRID
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Last updated May 31, 2024
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MLS# 12034128 —
Monthly cost estimate
Asking price
$600,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,212
|
Taxes | $755 |
Insurance | $165 |
Utilities | $218 See report |
Total | $4,350/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/15/24
May 15, 2024
|
Listed / Active | MRED | ||
5/15/24
May 15, 2024
|
Listed / Active | MRED | $600,000 |
37% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $141k over asking price.