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5316 Fairview Avenue
Listed by Donna Glazer with Keller Williams Experience 630-399-7653
$507,000

5316 Fairview Avenue

4 Beds 3 Baths 2,621 Sq.Ft. 0.49 Acres

Description

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.

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Location

5316 Fairview Avenue, Downers Grove, IL 60515

Status

Sold

Date Sold

December 1, 2025
Donna Glazer

Donna Glazer

TITLE

REALTOR® | Team Lead

LICENSE

475-104030

Property Amenities

Interior
Laundry room Main Level, In Unit
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Purifier Owned
Flooring Hardwood
Total Bedrooms: 4
Full Bathrooms: 3
Other Interior Features Vaulted Ceiling(s), 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Built-in Features
Area & Lot
Lot Area 0.49 Acres
Living area 2,621 Sq.Ft.
MLS® ID 12403549
Year Built 1914
School District 99
Architecture Styles Contemporary
Type Residential
Status Sold
Exterior
Air conditioning Central Air
Heat type Natural Gas, Steam, Baseboard
Water Source Public
Garage Space 4.0
Sewer Public Sewer
Parking Concrete, Garage Door Opener, Heated Garage, Tandem, Garage, Yes, Garage Owned, Attached
Lot Features Rear of Lot, Mature Trees
Finance
Sales Price $507,000
Real Estate Tax $10,514 yearly

Downers Grove

Elevate Your Real Estate Experience

Navigating the Downers Grove real estate market requires more than just luck—it takes local expertise and a proven strategy. The Donna Glazer Team delivers the deep market insight, professional guidance, and sharp negotiation skills you need to transition seamlessly into your next chapter.