Skip main navigation
Closed
  • $507,000

    5316 Fairview Ave, Downers Grove, IL 60515

    4beds
    2,621sqft
    Single Family Residence
    Built in 1914
    0.49 Acres Lot
    $507,200 Zestimate®
    $193/sqft
    $3,965 Estimated rent

    Home value

    $507,200

    $467,000 - $548,000

    $3,965/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $3,965/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,965/mo

    Rent Zestimate®

    Refinance and save

    $3,496/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,496/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: December 02, 2025 at 10:21am

    Listing courtesy of:

    Donna Glazer (630)474-4715,

    Keller Williams Experience

    Bought with:

    Luis Gonzalez

    Coldwell Banker Realty

    Rosie Gonzalez

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12403549MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Bathroom (Full)
    • Level: Second
    • Area: 450 Square Feet
    • Dimensions: 25X18
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 210 Square Feet
    • Dimensions: 15X14
    Bedroom 3
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 176 Square Feet
    • Dimensions: 16X11
    Bedroom 4
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 126 Square Feet
    • Dimensions: 14X9
    Eating area
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 60 Square Feet
    • Dimensions: 5X12
    Family room
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Foyer
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 12X8
    Kitchen
    • Features: Kitchen (Custom Cabinetry, Granite Counters, Updated Kitchen), Flooring (Ceramic Tile)
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Laundry
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 5X8
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 304 Square Feet
    • Dimensions: 16X19
    Loft
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 165 Square Feet
    • Dimensions: 15X11
    Other
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 5X8
    Heating
    • Natural Gas, Steam, Baseboard
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Purifier Owned
    • Laundry: Main Level, In Unit
    Features
    • Vaulted Ceiling(s), 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Built-in Features
    • Flooring: Hardwood
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,128
    • Total interior livable area: 2,621 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Concrete, Garage Door Opener, Heated Garage, Tandem, Garage, Garage Owned, Attached
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 2
    • Patio & porch: Patio
    Lot
    • Size: 0.49 Acres
    • Dimensions: 72X296.9
    • Features: Rear of Lot, Mature Trees
    Details
    • Parcel number: 0908418031
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Cedar
    Condition
    • New construction: No
    • Year built: 1914

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Downers Grove

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/1/2025Sold$507,000-2.1%$193/sqft
    Source: MRED as distributed by MLS GRID #12403549
    10/23/2025Contingent$518,000$198/sqft
    Source: MRED as distributed by MLS GRID #12403549
    8/19/2025Listed for sale$518,000$198/sqft
    Source: MRED as distributed by MLS GRID #12403549
    8/19/2025Contingent$518,000$198/sqft
    Source: MRED as distributed by MLS GRID #12403549
    7/8/2025Listed for sale$518,000$198/sqft
    Source: MRED as distributed by MLS GRID #12403549

    Public tax history

    YearProperty taxesTax assessment
    2023$9,997 +5.6%$176,180 +5.6%
    2022$9,465 +6.8%$166,820 +1.1%
    2021$8,860 +1.9%$164,930 +2%

    Find assessor info on the county website

    Neighborhood: 60515

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 58

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $507,200
    2% more+ $10,144
    With Zillow Showcase(estimated)
    $517,344