5703 Fairview Ave, Downers Grove, IL 60516

4 beds2.1 baths3,000 sqft

For Sale
$599,900
Zestimate®: $487,566
Est. Mortgage
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My Notes

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Exceptional REHAB or TEAR DOWN SITE or capable of being divided into 2 or 3 lots with groomed retention area East and pond on the Northeast corner. Not a flood plane. High and dry last sever storm, Have photos Walking distance to Fairview train station 3/4 mile Property located in Westmont has Downers Grove post office, Schools, Utilities across the street. Will cooperate on divide of home on 2 lots and ready to build lot. Wid open space Entire piece is 200 front by 182 deep with 5 acre rentention East and pond and creek North about 100 feet, Village has 20' strip along North side to allow mowing of the retention area. Original frontage was 220 feet.
Neighborhood Description
The neighborhood across the street was developed about 25 years ago and consists of well groomed residences. The neighborhood behind the property was developed about 20 years ago and is more upscale, especially arount the retention area. The area has the appearance of living on a golf course, in fact I have found more than one golf ball in the yard. The 5 acre retenton area is mowed and maintained by the town and in the recent catostropic rains, performed as designed...Property in the immediate area of the retention area had no water. The propertyt next door North has a creek running through about 100 feet from the lot line and a pond that attracts wildlife and birds....Very attractive country site in the city
 

What I love about the home

The setting surrounded by city maintained retention area. Country setting with lots of space only a six block walk to the train to downtown Chicago. Many people pay premit fees to park that close. Highly desirable location. Excellent School District
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Facts

  • Lot: 0.82 acres
  • Single Family
  • Built in 2015
  • 21 days on Zillow
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Sep 2014 for $190,000
  • Last sale price/sqft: $63
  • MLS #: 08832486

Features

  • Ceiling Fan
  • Fireplace
  • Flooring: Carpet, Hardwood, Tile
  • Lawn
  • Parking: Garage - Attached, Garage - Detached, 6 spaces, 400 sqft
  • Patio
  • Pond
  • Security System
  • Storage
  • Unfinished basement
  • View: Park

Additional Features

  • Rehab Existing plus De Luxe 20, 000 sq ft Lot or 3 lot teardown...Park Setting 6 blocks to train

Appliances Included

  • Dishwasher
  • Microwave
  • Range / Oven
  • Refrigerator

Room Types

  • Dining room
  • Family room
  • Master bath
  • Pantry

Construction

  • Exterior material: Brick
  • Roof type: Other
  • Room count: 8
  • Stories: 2
  • Structure type: Other
  • Unit count: 1

Other

  • Floor size: 3,000 sqft
  • Heating: Gas
  • Last remodel year: 1990
  • Parcel #: 0916107053
  • Zillow Home ID: 4577228

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$487,566
+$0 Last 30 days
$444K
$522K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,980/mo
-$110 Last 30 days
$1.5K
$2.7K
Zestimate range

Comparable Homes

Homes like this sold for $250-907K.

$220K
$940K

Popularity on Zillow

291 views since listing
1,085 all-time (chart)
6 shoppers saved
this home to their list of favorites
 

Home Expenses

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Neighborhood

Market guide

Zillow predicts 60516 home values will increase 0.4% next year, compared to a 0.7% rise for Du Page as a whole. Among 60516 homes, this home is 93% more expensive than the midpoint (median) home, and is priced 9.3% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 60516, the number of foreclosures waiting to be sold is 18% higher than in Du Page, and 92% higher than the national average. This higher local number may prevent 60516 home values from rising as quickly as other regions in Du Page.

Learn more about forecast calculations or 60516 home values.
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    Nearby Schools in Du Page

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org