Rarely available, 1 block from Fairview train station, zoned R3 multi-family ready for a builder to take advantage of the fabulous location and extra deep lots. 2nd PIN is 0908411032. Currently, 2 homes being rented. Lot assemblage requires 1 home to be torn down. Price includes both homes at 5200 and 5204 Fairview. Both homes are rented and are in good condition. Plans are in place and city-approved. Up to 30 Condos can be built or plans already in place for 14 unit townhome development that the owner can provide. Zoning has been reviewed and confirmed by the city. Downers Grove North Schools.
Closed
$900,000
5200 Fairview Ave, Downers Grove, IL 60515
--beds
--baths
0.85Acres
Unimproved Land
Built in ----
0.85 Acres Lot
$749,200 Zestimate®
$--/sqft
$2,580 Estimated rent
Home value
$749,200
$539,000 - $1.06M
$2,580/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 11, 2023 at 09:26pm
Listing courtesy of:
Rose Pagonis rose@rosepagonis.com,
RE/MAX Professionals Select
Bought with:
Ronald Ohr
Avenue 1 Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 11663609
Facts & features
Property
Features
- Frontage length: 132
Lot
- Size: 0.85 Acres
- Dimensions: 132 X 280
Details
- Additional parcels included: 0908411032
- Parcel number: 0908411031
- Zoning: MULTI
- Special conditions: None
Utilities & green energy
- Water: Municipal Water
- Utilities for property: Natural Gas Available, Sewer Connected, Water Available
Community & neighborhood
Location
- Region: Downers Grove
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2023 | Sold | $900,000-9.9% |
Source:  MRED as distributed by MLS GRID #11663609 | ||
| 12/19/2022 | Pending sale | $999,000 |
Source:  RE/MAX International #11663609 | ||
| 12/19/2022 | Contingent | $999,000 |
Source: MRED as distributed by MLS GRID #11663609 | ||
| 10/31/2022 | Listed for sale | $999,000 |
Source: MRED as distributed by MLS GRID #11663609 | ||
| 7/27/2022 | Listing removed | -- |
Source: RE/MAX International | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $7,986 +6.7% | $134,340 +5.6% |
| 2022 | $7,487 +6.8% | $127,220 +1.2% |
| 2021 | $7,011 +1.8% | $125,770 +2% |
Find assessor info on the county website
Neighborhood: 60515
Nearby schools
GreatSchools rating
- 7/10Whittier Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 5/10Herrick Middle SchoolGrades: 7-8Distance: 1.5 mi
- 9/10Community H S Dist 99 - North High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: North High School
- District: 58
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.