Corcoran Urban Real Estate
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3 Properties Within 0.5 miles of: 5875 Walnut, Downers Grove

5875 Walnut
Downers Grove, IL 60516

  • 3 Beds
  • 2 Baths
  • 2,200 Sq. Ft.
  • Built In 1943
Price

$449,000

Est Payment
$2,679 / month (details)  
Taxes
$5,854  
Beds
3  
Baths
2  
Rooms
8  
Type
Detached Single  
Sq. Ft.
2,200  
Lot Size
100x275  
Built
1943  
Neighborhood
Downers Grove  
MLS
#12536304
Status
Active (2 days)

Property Description

Rare opportunity to acquire a premium .63-acre (100 x 275) lot in highly sought-after Downers Grove North High School District. The property includes a three-bedroom, two-bath home with a basement and a detached 2-car garage, being conveyed as-is, offering an exceptional opportunity for a custom luxury build or redevelopment in an established neighborhood. The existing home updates include, windows(4yrs), furnace(2yrs), water heater(2yrs), siding(less than a year), AC(5yrs). This expansive lot provides the space, depth, and frontage that custom spec, luxury buyers and builders seek-perfect for a high-end custom residence with room for outdoor living, a pool, a sports court, or additional amenities. Surrounded by mature trees and neighboring homes, the setting combines privacy with classic suburban appeal. Prime location minutes from downtown Downers Grove, Metra BNSF train stations with express service to Chicago, and easy access to I-355 and I-88. Enjoy proximity to parks, walking paths, shopping, dining, and year-round community events. Convenient access to Oak Brook, Naperville, and major employment corridors, as well as O'Hare and Midway airports. A rare chance to build new in Downers Grove's North school district-where luxury homes, commuter convenience, and lifestyle amenities converge. Additional highlights include a walkable, lifestyle-driven location rarely found with lots of this size in Downers Grove. The property is within walking distance to multiple parks and trail systems, including Gelwicks Park (approx. 0.1 mile), Ebersold Park (approx. 0.3 mile), Whitlock Park (approx. 0.5 mile), and Hummer Park (approx. 0.6 mile), offering playgrounds, open green space, paths, and recreational amenities ideal for today's active luxury buyer. Larger destination parks such as McCollum Park (approx. 1.5 miles) and Patriots Park (approx. 2 miles) further enhance the outdoor lifestyle appeal. Utilities include city water with an existing septic system, with public sewer readily available for tie-in, providing flexibility for redevelopment and new construction planning, or owner occupants. The generous 100-foot frontage and 275-foot depth support a wide range of architectural possibilities, including estate-style homes, enhanced outdoor living spaces, and premium design features not commonly achievable on smaller parcels. Located minutes from Downtown Downers Grove, residents enjoy boutique shopping, award-winning restaurants, the historic Tivoli Theatre, farmers markets, and year-round community events. The nearby Metra BNSF line offering express service to Chicago, makes this an ideal location for commuters seeking luxury living with convenience. Quick access to I-355 and I-88 connects seamlessly to Oak Brook, Naperville, and major corporate corridors. Survey available. Exceptional opportunity for builders or end users seeking a premier lot in one of Downers Grove's most desirable locations.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
14X12
Dining Room
Main
Hardwood
17X10
Kitchen
Main
Hardwood
17X11
Family Room
Main
Hardwood
14X13
Laundry
Main
9X5
Master Bedroom
Second
Luxury Vinyl
14X13
Bedroom 2
Second
Luxury Vinyl
15X10
Bedroom 3
Second
Luxury Vinyl
15X10
Bedroom 4
N/A
Recreation Room
Basement
Vinyl
18X11
Mud Room
Main
8X5

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling Central Air
  • Water Lake Michigan
  • Sewer Septic Tank

Additional Information

Appliances
Range, Microwave, Refrigerator, Washer, Dryer
Parking
2 Garage Spaces, Concrete, Yes, Garage Owned, Detached, Garage
Schools
North High School (99), Herrick Middle School (58), Henry Puffer Elementary School (58)

Payment Calculator

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

Listing History

01-10-2026 Listed at $449,000
Last Modified 1/10/26 8:21 AM

Nearby Transportation

  • Hwy 355 North 0.5 mi
  • Hwy 355 South 0.5 mi
  • I 88 East 1.6 mi
  • I 88 West 1.6 mi
  • I 55 South 4.7 mi
  • I 55 North 5.0 mi
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