5875 Walnut Avenue
Downers Grove, IL, 60516 $ 449,000
Bedrooms3 Baths2.0 Sq 2,200 Monthly Estimate*
$ 2,765
for $449,000 with 3 bedrooms and 2 full baths. This 2,200 square foot home was built in 1943 on a lot size of 0.63.
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.
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FeaturesGeneralLiving Area 2200
Sewer Septic Tank
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Refrigerator Washer Dryer
Garage Spaces 2
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1943
Electric 200+ Amp Service
Township Lisle
Tax Year 2024
Ownership Fee Simple
Community Features Park Lake Street Paved
Assoc Fee Paid Per Not Applicable
County DuPage
New Construction N
Property Type Residential Detached Single
Total Rooms 8
Full Baths 2
Status New
Directions From 355 Exit onto Maple Ave go east on Maple to Walnut right onto Walnut to 5875 Walnut.
High School North High School
City Downers Grove
High School District 99
MLS Area Downers Grove
Elementary School Henry Puffer Elementary School
Tax Annual Amount 5854
Middle/Junior High School Herrick Middle School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 58
Elementary School District 58
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InteriorBasement Partially Finished Partial
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Wood Burning Gas Starter
Half Baths 0
Total Bedrooms 3
Room Type Recreation Room Mud Room
Total Baths 2
Bedrooms Possible 3
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ExteriorParking Features Concrete Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 100x275
Lot Size Acres 0.63
Waterfront Y/N N
Other Equipment CO Detectors Sump Pump Water Heater-Gas
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* Excluded FeaturesList ByWhyrent Real Estate CompanyBroker
office@whyrentre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,765
- Monthly Property Taxes
- $488
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Downers Grove, IL
Average List Price $888,550
Percent of Sale Price 98%
About Downers Grove, IL 50,198 Population
0% Since 2002
$ 87,923 Median Income
43.9 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
565787 Elementary School
564686 Middle School
North High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/10/2026 | $449,000 | | Listed Price |