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  • Price increase: $2.2M (8/13)
    $950,000

    5131 Fair Elms Ave, Western Springs, IL 60558

    --beds
    --baths
    0.26Acres
    Unimproved Land
    Built in ----
    0.26 Acres Lot
    $924,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    An Amazing Custom Opportunity Brought to You by Reverie Homes! Build your masterpiece on a premium 75' x 150' lot in Western Springs' highly coveted Forest Hills neighborhood, with Reverie Homes by your side every step of the way. Experience the ultimate luxury of space in one of the village's most sought-after locations. This expansive, extra-wide parcel offers a canvas unlike any other, providing the rare freedom to design a residence of true distinction without compromise. The premium 75-foot width allows for a magnificent architectural statement and a sprawling floor plan tailored exactly to your lifestyle. The footprint easily accommodates your biggest ideas, whether you want the convenience of an attached 3 car garage or an expansive deep-pour lower level primed for a private golf simulator, home theater, or indoor sport court. Outside, the 150-foot depth provides ample space for a sprawling outdoor living area. The location is perfectly positioned for a lifestyle of absolute convenience and community connectivity. Situated just steps away from Forest Hills Elementary and lush neighborhood parks, you have the very best of Western Springs right outside your door. Enjoy a picturesque stroll to the vibrant downtown district for boutique shopping, premier dining, and the Metra train station for a seamless commute to the city. Don't settle for the constraints of a standard-sized lot-bring your vision to life and create your dream home in Forest Hills. Reverie Homes, an elite design-build firm, will work with you to customize every detail of your perfect home!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Sheila O'Malley 312-330-0027,

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12729125MLS Logo

      Facts & features

      Interior

      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: In Unit
      Features
      • Basement: Finished

      Property

      Parking
      • Parking features: Concrete
      Features
      • Frontage length: 75
      Lot
      • Size: 0.26 Acres
      • Dimensions: 75X150
      Details
      • Additional parcels included: 18074010260000
      • Parcel number: 18074010250000
      • Special conditions: None

      Utilities & green energy

      • Water: Municipal Water
      • Utilities for property: Electric to Site, Natural Gas Available, Sewer Connected, Water Available

      Community & HOA

      Location
      • Region: Western Springs

      Financial & listing details

      • Tax assessed value: $381,630
      • Annual tax amount: $10,190
      • Date on market: 8/13/2026
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        $924,200

        $878,000 - $970,000

        $3,676/mo

        Price history

        DateEventPrice
        8/13/2026Price change$3,199,000+236.7%
        Source: MRED as distributed by MLS GRID #12729259 Report a problem
        8/13/2026Listed for sale$950,000+26.7%
        Source: MRED as distributed by MLS GRID #12729125 Report a problem
        3/13/2025Sold$750,000-3.2%
        Source: MRED as distributed by MLS GRID #12192805 Report a problem
        2/2/2025Contingent$775,000
        Source: MRED as distributed by MLS GRID #12192805 Report a problem
        1/29/2025Listed for sale$775,000+96.2%
        Source: MRED as distributed by MLS GRID #12192805 Report a problem
        7/18/2001Sold$395,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,056 -6.6%$38,163 +0%
        2023$7,554 +46%$38,162 +55.3%
        2022$5,175 +6.1%$24,574
        2021$4,879 +0.9%$24,574
        2020$4,836 +12.7%$24,574 +7.1%
        2019$4,293 +2.6%$22,955
        2018$4,185 +2.7%$22,955
        2017$4,077 -12%$22,955 +2.7%
        2016$4,633 +2.5%$22,342
        2015$4,518 +1.2%$22,342
        2014$4,464 +24.2%$22,342 +18.7%
        2013$3,594 -26.7%$18,829 -25%
        2012$4,901 +1.5%$25,099
        2011$4,829 -7.6%$25,099 -22.6%
        2010$5,227 +5.5%$32,413
        2009$4,954 +8.5%$32,413 -6.7%
        2008$4,566 +0.9%$34,734 +18.6%
        2007$4,525 +4.2%$29,285
        2006$4,341 +6.8%$29,285
        2005$4,065 -6.1%$29,285 +19.7%
        2004$4,331 +3.2%$24,470
        2003$4,197 +3.3%$24,470
        2002$4,062 +35.7%$24,470 +40.4%
        2001$2,993 +2.5%$17,427
        2000$2,921 +0%$17,427
        1999$2,921 $17,427
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 60558

        Getting around

        27 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Forest Hills Elementary School
        • Middle: Mcclure Junior High School
        • High: Lyons Twp High School
        • District: 101

        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.

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