Back 5316 Fairview Avenue
Off Market

5316 Fairview Avenue

Downers Grove IL 60515

4
3
4
2621 sq. ft.
0.49 ac.
Single-Family
Last sold for $507,000
Donna GlazerDonna Glazer, last sold this property on 01 December 2025 after 145 days on market.

Overview

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.

Features

4 bedrooms
3 bathrooms
4 carspaces
4 garage spaces
2621 sq. ft. floor area
0.49 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Downers Grove over the last 12 months, the estimated median property value of 5316 Fairview Avenue is $912.5k.

Median value
$912.5k
Estimated value range
$295k - $2m
Median days on market
8
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Downers Grove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5316 Fairview Avenue

2025
Sold
$507,000
01 Dec 2025 by Donna Glazer, of Keller Williams Experience

Happy sellers in Downers Grove

100%
100% of sellers in Downers Grove reported that their sale price either exceeded or met their price expectations.

Downers Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Downers Grove over the last 12 months.

Local market activity for 4 bedroom single-family properties in Downers Grove

In the last 12 months, 91 four-bedroom single-family properties similar to 5316 Fairview Avenue, have been sold.

This represents a 23% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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