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5316 Fairview Avenue, Downers Grove, IL 60515

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For Sale

$518,000

4 beds3 baths2,621 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Single Family Detached
    Property type

  • $197.63
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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# 12403549

Courtesy Of Keller Williams Experience

(630) 598-0755

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Vaulted Ceiling
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer, Water - Purifier
  • Architecture Style
    Contemporary
  • Floor Covering
    Hardwood, Tile, Tile - Ceramic
  • Heating System
    Baseboard, Steam
  • Lot Size
    0.49 Acres
  • Rooms
    Loft

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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