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9 Properties Within 0.5 miles of: 5316 Fairview, Downers Grove
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5316 Fairview
Downers Grove, IL 60515

  • 4 Beds
  • 3 Baths
  • 2,128 Sq. Ft.
  • Built In 1914
Price

$518,000

Est Payment
$3,622 / month (details)  
Taxes
$10,514  
Beds
4  
Baths
3  
Rooms
10  
Type
Detached Single  
Sq. Ft.
2,128  
Lot Size
72X296.9  
Built
1914  
Neighborhood
Downers Grove  
MLS
#12403549
Status
Active (7 days)

Property Description

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.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
16X19
Dining Room
Main
Hardwood
14X9
Kitchen
Main
Ceramic Tile
13X10
Family Room
Main
Ceramic Tile
15X12
Laundry
Main
5X8
Master Bedroom
Second
25X18
Bedroom 2
Second
Carpet
15X14
Bedroom 3
Second
Carpet
16X11
Bedroom 4
Main
Ceramic Tile
12X10
Eating Area
Main
Ceramic Tile
5X12
Loft
Second
Hardwood
15X11
Foyer
Main
12X8
Utility Room-1st Floor
Main
5X8

Utilities

  • Heating Natural Gas, Steam, Baseboard
  • Cooling Central Air
  • Water Public
  • Sewer Public Sewer

Additional Information

Interior Features
Vaulted Ceiling(s), 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Built-in Features
Appliances
Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Purifier Owned
Parking
4 Garage Spaces, Concrete, Garage Door Opener, Heated Garage, Tandem, Garage, On Site, Garage Owned, Attached, Parking included in price
Schools
District 99, District 58

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-08-2025 Listed at $518,000
Last Modified 7/15/25 11:16 AM

Nearby Transportation

  • Burlington Northern 0.3 mi
  • Hwy 83 South 2.4 mi
  • Hwy 83 North 2.6 mi
  • Hwy 355 North 2.8 mi
  • I 88 West 2.9 mi
  • Hwy 355 South 2.9 mi
  • I 88 East 3.0 mi
  • I 55 South 4.0 mi
  • I 55 North 4.3 mi
  • I 294 South 4.4 mi
  • I 294 North 4.6 mi
grid
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