Downers Grove, IL 60516,5875 Walnut AVE
Downers Grove, IL 60516,5875 Walnut AVE
Downers Grove, IL 60516,5875 Walnut AVE
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$449,000
Est. payment /mo
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3 Beds
2 Baths
2,200 SqFt
New

5875 Walnut AVE Downers Grove, IL 60516

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Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $204

MLS Listing ID 12536304

Bedrooms 3

Full Baths 2

Year Built 1943

Annual Tax Amount $5,854

Tax Year 2024

Lot Size 0.630 Acres

Lot Dimensions 100x275

Property Sub-Type Detached Single

Property Description

Rare opportunity to acquire a premium .63-acre (100 x 275) lot in highly sought-after Downers Grove North High School District. The property includes a three-bedroom, two-bath home with a basement and a detached 2-car garage, being conveyed as-is, offering an exceptional opportunity for a custom luxury build or redevelopment in an established neighborhood. The existing home updates include, windows(4yrs), furnace(2yrs), water heater(2yrs), siding(less than a year), AC(5yrs). This expansive lot provides the space, depth, and frontage that custom spec, luxury buyers and builders seek-perfect for a high-end custom residence with room for outdoor living, a pool, a sports court, or additional amenities. Surrounded by mature trees and neighboring homes, the setting combines privacy with classic suburban appeal. Prime location minutes from downtown Downers Grove, Metra BNSF train stations with express service to Chicago, and easy access to I-355 and I-88. Enjoy proximity to parks, walking paths, shopping, dining, and year-round community events. Convenient access to Oak Brook, Naperville, and major employment corridors, as well as O'Hare and Midway airports. A rare chance to build new in Downers Grove's North school district-where luxury homes, commuter convenience, and lifestyle amenities converge. Additional highlights include a walkable, lifestyle-driven location rarely found with lots of this size in Downers Grove. The property is within walking distance to multiple parks and trail systems, including Gelwicks Park (approx. 0.1 mile), Ebersold Park (approx. 0.3 mile), Whitlock Park (approx. 0.5 mile), and Hummer Park (approx. 0.6 mile), offering playgrounds, open green space, paths, and recreational amenities ideal for today's active luxury buyer. Larger destination parks such as McCollum Park (approx. 1.5 miles) and Patriots Park (approx. 2 miles) further enhance the outdoor lifestyle appeal. Utilities include city water with an existing septic system, with public sewer readily available for tie-in, providing flexibility for redevelopment and new construction planning, or owner occupants. The generous 100-foot frontage and 275-foot depth support a wide range of architectural possibilities, including estate-style homes, enhanced outdoor living spaces, and premium design features not commonly achievable on smaller parcels. Located minutes from Downtown Downers Grove, residents enjoy boutique shopping, award-winning restaurants, the historic Tivoli Theatre, farmers markets, and year-round community events. The nearby Metra BNSF line offering express service to Chicago, makes this an ideal location for commuters seeking luxury living with convenience. Quick access to I-355 and I-88 connects seamlessly to Oak Brook, Naperville, and major corporate corridors. Survey available. Exceptional opportunity for builders or end users seeking a premier lot in one of Downers Grove's most desirable locations.

Location

State IL

County Dupage

Area Downers Grove

Rooms

Basement Partially Finished, Partial

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Wood Burning, Gas Starter

Equipment CO Detectors, Sump Pump, Water Heater-Gas

Fireplace Y

Appliance Range, Microwave, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

Community Features Park, Lake, Street Paved

Roof Type Asphalt

Building

Dwelling Type Detached Single

Building Description Vinyl Siding, No

Sewer Septic Tank

Water Lake Michigan

Level or Stories 2 Stories

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Henry Puffer Elementary School

Middle Schools Herrick Middle School

High Schools North High School

School District 58 , 58, 99

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by John Hoffman of  Whyrent Real Estate Company 
Riley Ricobene
Riley Ricobene

Broker | License ID: 263392

+1(630) 470-0580 | rileyricobene1@gmail.com

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5875 Walnut AVE