4817 Belmont Road Downers Grove, IL ^$ 315,000

4817 Belmont Road

^$ 315,000

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Recently Listed New Construction

4817 Belmont Road

Downers Grove, IL, 60515

^$ 315,000

Studio Baths0.0

Monthly Estimate*

^$ 1,940

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Studio

Lots and Land for sale in Downers Grove, IL

for $315,000. The lot size is 0.27.

Prime Downers Grove investment opportunity on a rare 60x203 lot, just steps to downtown, the commuter train, and everyday conveniences. Rehab the current home, or start a new dream home! Existing home offers wood floors, maple cabinetry, an eat-in kitchen, and a living room fireplace, providing a solid footprint for renovation or expansion. Full basement with work area and ample storage. Oversized lot supports a variety of value-add options, complemented by a 2-3 car garage. Exceptional location across from a grade school, golf course, and the Downers Grove Recreation Center, with quick access to expressways. Ideal for rehab, redevelopment, or new construction in a highly desirable, commuter-friendly area. This is an "AS-IS" sale. Home does need significant renovation.

Lots and Land Active

Price

^$ 315,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 5,009

Style

Single Family

Lot Size

0.27

Town/City

Downers Grove

County/Region

DuPage

MLS | Web ID

12660424

Features

General

Heating Natural Gas Forced Air

Cooling Central Air

Utilities Electric to Site Natural Gas Available Sewer Connected Water Available

Possession Closing

Township Lisle

Tax Year 2025

Current Use Single Family

Ownership Fee Simple

County DuPage

Property Type Land Land

Possible Use Single Family

Status New

Directions Ogden to Belmont South to home

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 5009.18

Middle/Junior High School Herrick Middle School

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 58

Elementary School District 58

Interior

Basement Unfinished

Total Baths 0

Exterior

Total Parking 0

Lot Dimensions 60X203

Lot Size Acres 0.27

Road Surface Type Asphalt

Frontage Length 60

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Berkshire Hathaway Homeservices Chicago

Broker

pmurray@BHHSChicago.com

Affordability Calculator

$2,357

Per Month

Monthly Principal & Interest: $1,940
Monthly Property Taxes: $417
Monthly Home Insurance: --

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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

Lots and land listings in Downers Grove, IL

Average List Price ^$458,700

Percent of Sale Price 46%

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.

565787 Elementary School

564686 Middle School

North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/28/2026	$315,000		Listed Price

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4817 Belmont Road, Downers Grove, IL, 60515 is a Lots and Land for sale at $315,000 with a lot size of 0.27. 4817 Belmont Road is a studio with 0.0 baths. The property's zip code is 60515 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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Data is updated as of 5/30/2026.

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4817 Belmont Road

Lots and Land for sale in Downers Grove, IL

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