Closed

$518,000

5316 Fairview Avenue, Downers Grove, IL 60515
4 Beds3 Baths2,128 sqft100 days
5316 Fairview Avenue·Downers Grove, IL 60515
4Bedrooms
3Bathrooms
2,128Sq Ft
1914Year Built
About This Home

CALLING ALL REHABBERS & BUILDERS - ENDLESS POTENTIAL AWAITS! This truly one of a kind 4-bedroom, 3-bathroom home is a hidden gem, on an oversized lot - originally built in the early 1900's - rebuilt in 1991 and now ready to be transformed by you! 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.

MLS# 12403549Listed July 8, 2025ResidentialContemporary
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Full Baths3
Half Baths0
Total Rooms10

Size & Structure

Living Area2,128 sqft
Garage Spaces4
Fireplaces1
Year Built1914
Lot Size0.490 acres

Location

CountyDuPage
TownshipDowners Grove
Zip Code60515

Financial

List Price$518,000
Price / Sq Ft$243
Annual Taxes (2024)$10,514
Monthly Tax Est.$876
Parcel #0908418031
Interior Features

Appliances

RangeDishwasherRefrigeratorWasherDryerStainless Steel Appliance(s)Water Purifier Owned

Flooring

Hardwood

Heating

Natural GasSteamBaseboard

Cooling

Central Air

Basement

None

Laundry

Main LevelIn Unit
Exterior & Lot

Construction

Cedar

Patio & Porch

Patio

Lot Features

Rear of LotMature Trees
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

ConcreteGarage Door OpenerHeated GarageTandemGarageYesGarage OwnedAttached
HOA & Community

HOA Includes

None

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$10,514
Tax Year 2024
Monthly Tax Est.
$876
per month
Price per Sq Ft
$243
per square foot
Property Location

5316 Fairview Avenue, Downers Grove, IL 60515 — DuPage County

$518,000
$243 / sqft
5316 Fairview Avenue
4 bd3 ba2,128 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
100 days on market
4-car garage
1 fireplace
0.490 acres
$10,514/yr taxes
$3,598
estimated monthly payment
Principal & Interest
$2,722/mo
Property Tax
$876/mo
$518,000
20% — $103,600
3%50%
6.875%
3%12%
Loan Amount
$414,400
Down Payment
$103,600

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams Experience
Agent: Donna Glazer
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Downers Grove and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.