5316 Fairview Avenue, Downers Grove, IL 60515
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5316 Fairview Avenue,Downers Grove, IL 60515
$518,000
- 4 Beds
- 3 Baths
- 2,621 sq. ft.
- Single family
- Active
Listed by:donna glazer
Office:keller williams experience
MLS#:12403549
Source:MLSNI
Price summary
- Price:$518,000
- Price per sq. ft.:$197.63
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.
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Home facts
- Year built:1914
- Listing Id #:12403549
- Added:37 day(s) ago
- Updated:August 13, 2025 at 10:47 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,621 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard, Natural Gas, Steam
Structure and exterior
- Year built:1914
- Building area:2,621 sq. ft.
- Lot area:0.49 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$518,000
- Price per sq. ft.:$197.63
- Tax amount:$10,514 (2024)
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 5316 Fairview Avenue
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