5316 Fairview Avenue
Downers Grove, IL 60515
Map
- 4 beds
- 3 baths
- 2,621 sqft
- ~1/2 acre lot
- $197 per sqft
- 1914 build
- – on site
CALLING ALL REHABBERS & BUILDERS - ENDLESS POTENTIAL AWAITS! This spacious 4-bedroom, 3-bathroom home is a hidden gem, on an oversized lot, ready to be transformed! With solid bones and a layout that offers incredible flexibility, this property is perfect for someone looking to customize, renovate, or reimagine. Whether you're a rehabber or builder with vision-this one has TONS of potential! Upstairs you'll find a huge primary suite, with a bathroom that's already demoed and ready for your personal touch. There's plenty of room to build out a spa-like retreat. There used to be a balcony off the master-though it's been removed, the structural supports remain, making it possible to rebuild and restore a beautiful outdoor space. Two more bedrooms, a large loft area, and a stunning full bath with updated tile work complete the second floor - with stunning Brazilian Cherry flooring. The main level features a fourth bedroom and another full bath, along with a formal living room, family room, dining room, and kitchen-perfect for entertaining or flexible living. Flooring includes Brazilian Cherry hardwood, paired with hand-forged wrought iron spindles and oak banisters. The kitchen offers birch cabinets, granite tile countertops, and reverse osmosis water filtration. Take just a few steps down to find the mechanical room and a rare 4-car tandem garage with plenty of room for storage, projects, or car enthusiasts -PLUS- it's heated! (Garage is easily converted to be able to accommodate campers or large boats!) Outside, the backyard once featured a pool, and the electric and gas lines are still in place, making it easy to add a heated pool if desired. Note: The backyard is located in a floodplain, so future improvements should be planned accordingly. Work is needed-but the possibilities are endless! Bring your unique eye for the possibilities, and unlock the potential in this one-of-a-kind property. Enjoy the ultimate convenience of this prime location-just a short walk to the train, town, and all that vibrant Downtown Downers Grove has to offer, including local shops, restaurants, and year-round events like the Saturday morning farmers market, summer concerts at Fishel Park, Summer Friday Night Classic Car Shows, and the always-popular Rotary GroveFest. Roof new in 2020.
Last checked:
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Checking…
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Last updated Jul 8, 2025
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MLS# 12403549 —
The Building
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Year Built:1914
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Rebuilt:Yes
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Rebuilt Year:1991
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New Construction:false
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New Construction:No
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Construction Materials:Cedar
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Architectural Style:Contemporary
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Basement:None
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Patio And Porch Features:Patio
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Disability Access:No
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Total SqFt:2128
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Total SqFt:2128
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Main SqFt:1274
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Upper SqFt:854
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Living Area Source:Assessor
Interior
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Room Type:Eating Area, Loft, Foyer, Utility Room-1st Floor
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Rooms Total:10
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Interior Features:Vaulted Ceiling(s), 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Built-in Features
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Fireplaces Total:1
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Fireplace Location:Living Room
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Laundry Features:Main Level, In Unit
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Flooring:Hardwood
Room Dimensions
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Living Area:2621
Location
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Directions:Fairview N of 55th st. to property
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Location:26515
The Property
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Parcel Number:0908418031
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Property Type:Residential
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Lot Features:Rear of Lot, Mature Trees
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Lot Size Dimensions:72X296.9
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Lot Size Acres:0.49
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Rural:N
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 474-4715
- Office phone:
- (630) 598-0755
Taxes
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Tax Year:2024
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Tax Annual Amount:10514.12
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Steam, Baseboard
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Purifier Owned
Schools
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Elementary School District:58
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Middle Or Junior School District:58
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High School District:99
The Community
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Community Features:Curbs, Sidewalks, Street Lights, Street Paved
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:4
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Parking Features:Concrete, Garage Door Opener, Heated Garage, Tandem, Garage, On Site, Garage Owned, Attached
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Garage Spaces:4
Monthly cost estimate
Asking price
$518,000
| 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. |
$2,773
|
| Taxes | $876 |
| Insurance | $142 |
| Utilities | $251 See report |
| Total | $4,042/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®
Provided by WalkScore® Inc.
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).
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.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/8/25
Jul 8, 2025
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Listed / Active | MRED | $518,000 |
49% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $21k above asking price on average, but some went as high as $80k over asking price.
