Downers Grove, IL 60516,5875 Walnut AVE
See all 12 photos
Downers Grove, IL 60516,5875 Walnut AVE
Downers Grove, IL 60516,5875 Walnut AVE
Downers Grove, IL 60516,5875 Walnut AVE
Downers Grove, IL 60516,5875 Walnut AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
16
Jan
Sat
17
Jan
Sun
18
Jan
JgR Online Concierge
$ 449,000
Est. payment /mo
Save
New

5875 Walnut AVE Downers Grove, IL 60516

3 Beds

2 Baths

2,200 SqFt


UPDATED:

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 the highly sought-after Downers Grove North High School District, offering exceptional flexibility for an owner-occupant, investor, or builder in one of the community's most desirable and established areas. The property includes a three-bedroom, two-bath residence with a basement and a detached two-car garage, being conveyed as-is, and presents a unique chance to either thoughtfully renovate and restore the existing home or pursue new construction on a lot size and configuration rarely available in this location. The current home benefits from several major updates, including newer windows (approximately 4 years), roof (approximately 5 years), furnace (approximately 2 years), water heater (approximately 2 years), siding (less than 1 year), and air conditioning (approximately 5 years). For those seeking redevelopment, the expansive 100-foot frontage and 275-foot depth create an ideal canvas for a wide range of architectural possibilities, including estate-style luxury residences with generous setbacks, enhanced outdoor living environments, pools, sports courts, guest houses, or resort-style entertaining spaces that are increasingly in demand but rarely achievable on smaller suburban parcels. The lot is framed by mature trees and neighboring homes, offering depth, and classic suburban appeal, while utilities include city water with public sewer readily available for tie-in, providing flexibility and efficiency for renovation, expansion, or new construction planning; a survey is available to support due diligence. The walkable, lifestyle-driven location further enhances the long-term value and desirability of the property, with convenient access to multiple nearby parks and trail systems including Gelwicks Park, Ebersold Park, Whitlock Park, and Hummer Park, along with larger destination parks such as McCollum Park and Patriots Park that support year-round recreation and outdoor enjoyment. Residents are also just minutes from Downtown Downers Grove, where boutique shopping, award-winning restaurants, the historic Tivoli Theatre, farmers markets, and seasonal community events create a vibrant small-town atmosphere, while commuters benefit from proximity to Metra BNSF train stations with express service to Chicago and easy access to I-355 and I-88, providing seamless connectivity to Oak Brook, Naperville, major corporate corridors, and both O'Hare and Midway airports. With its rare lot dimensions, prime school district, renovation-ready improvements, exceptional redevelopment upside, and a motivated seller, this property represents a compelling opportunity to create immediate and long-term value in one of Downers Grove's most coveted 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