5504 Lyman Avenue Downers Grove, IL ^$ 710,000

5504 Lyman Avenue

^$ 710,000

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Recently Listed

5504 Lyman Avenue

Downers Grove, IL, 60516

^$ 710,000

Bedrooms4 Baths3.0 Sq 2,224

Monthly Estimate*

^$ 4,372

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Single Family Home for sale in Downers Grove, IL

for $710,000 with 4 bedrooms and 3 full baths. This 2,224 square foot home was built in 1958 on a lot size of 0.21.

This beautiful home is located in an amazing area, just one block from Downtown Downers Grove and steps from Patriot Park. The freshly remodeled house features a brand-new open-concept kitchen with a large island, new appliances, hardwood floors, and new windows that fill the space with natural light. The home offers 4 spacious bedrooms and 3 full bathrooms, providing comfort and functionality for modern living. A perfect combination of prime location, style, and convenience.

Single Family Active

Price

^$ 710,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 5,320

Style

Lot Size

0.21

Year Built

1958

Town/City

Downers Grove

County/Region

DuPage

MLS | Web ID

12554397

Features

General

Living Area 2224

Sewer Public Sewer Storm Sewer

Heating Natural Gas

Cooling Central Air

Possession Closing

Appliances Humidifier

Garage Spaces 2

Association Fee Includes None

Construction Materials Aluminum Siding Stucco

Year Built 1958

Township Downers Grove

Tax Year 2024

Ownership Fee Simple

Community Features Park Pool Tennis Court(s) Lake Sidewalks Street Lights

Assoc Fee Paid Per Not Applicable

County DuPage

New Construction N

Property Type Residential Detached Single

Total Rooms 7

Full Baths 3

Status New

Directions 55th Street to Lyman Ave then South on Lyman Ave

High School South High School

City Downers Grove

High School District 99

MLS Area Downers Grove

Elementary School Fairmount Elementary School

Tax Annual Amount 5320

Middle/Junior High School O Neill Middle School

Virtual Tour https://my.matterport.com/show/?m=yDoyDvvmPDa&mls=1

Standard Status Active

Middle/Junior School District 58

Elementary School District 58

Interior

Interior Amenities Walk-In Closet(s) Open Floorplan

Basement Unfinished Concrete Storage Space Partial

Flooring Hardwood Wood

Half Baths 0

Laundry Features Gas Dryer Hookup In Unit Sink

Total Bedrooms 4

Below Grade Finished Area 0

Room Type No additional rooms

Total Baths 3

Bedrooms Possible 4

Exterior

Parking Features Asphalt Side Driveway Yes Garage Owned Attached Garage

Lot Features Landscaped Mature Trees Backs to Trees/Woods Garden Level

Water Source Lake Michigan

Total Parking 2

Lot Dimensions 50x183

Lot Size Acres 0.21

Waterfront Y/N N

Other Equipment TV-Cable CO Detectors Ceiling Fan(s) Fan-Whole House Sump Pump

* Excluded Features

List By

Exchange Brokers

Broker

leeann@exchangebrokers.co;ctc@exchangebrokers.co

Affordability Calculator

$4,815

Per Month

Monthly Principal & Interest: $4,372
Monthly Property Taxes: $443
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

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Nearby

Trends
Schools

Single family listings in Downers Grove, IL

Average List Price ^$856,553

Percent of Sale Price 21%

About Downers Grove, IL

50,198 Population

0% Since 2002

^$87,923 Median Income

43.9 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565062 Elementary School

567861 Middle School

South High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/26/2026	$710,000		Listed Price

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5504 Lyman Avenue, Downers Grove, IL, 60516 is a Single Family Home for sale at $710,000 with 2,224 sqft and a lot size of 0.21. 5504 Lyman Avenue has 4 bedrooms, 3.0 baths, and was built in 1958. The property's zip code is 60516 which is in Downers Grove, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 1/29/2026.

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5504 Lyman Avenue

Single Family Home for sale in Downers Grove, IL

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