5505 Fairhaven Court
Downers Grove, IL, 60515 $ 475,000
Bedrooms2 Baths1.0 Sq 1,992 Monthly Estimate*
$ 2,925
for $475,000 with 2 bedrooms and 1 full bath. This 1,992 square foot home was built in 1917 on a lot size of 28750.
Rare opportunity to own an oversized, nearly 0.7 acre lot (161x179) tucked away on a quiet private street in highly sought-after Downers Grove North. This unique property offers a variety of possibilities, whether you're looking to update, expand, invest, or simply enjoy the space and privacy it offers. This charming home has been well maintained over the years and features several recent improvements, including a remodeled bathroom (2021), dishwasher and stove (2021), refrigerator (2025), two A/C units (2021), newer windows replaced in 2022 and 2026, updated bedroom flooring, new light fixtures, ceiling fans, and barn door. Enjoy the spacious newer deck overlooking the expansive yard, mature trees, and peaceful setting. With approximately 1,992 square feet of finished living space, the home offers character, flexibility, and plenty of potential on one of Downers Grove's most desirable locations. Conveniently located near schools, parks, shopping, dining, expressways, and downtown Downers Grove. Bring your ideas and make it your own. Property conveyed AS-IS.
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FeaturesGeneralLiving Area 1992
Sewer Septic Tank
Heating Radiant
Cooling Wall Unit(s)
Possession Closing
Roof Asphalt
Garage Spaces 2
Association Fee Includes None
Architectural Style Bungalow
Construction Materials Stucco Stone
Year Built 1917
Township Downers Grove
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County DuPage
New Construction N
Property Type Residential Detached Single
Total Rooms 6
Full Baths 1
Status New
Directions 55th St to Fairhaven Ct north to property
High School Downers Grove North High School
City Downers Grove
High School District 99
MLS Area Downers Grove
Elementary School Hillcrest Elementary School
Tax Annual Amount 8745
Middle/Junior High School Herrick Middle School
Standard Status Active
Middle/Junior School District 58
Elementary School District 58
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InteriorBasement Partially Finished Full Walk-Out Access
Half Baths 0
Total Bedrooms 2
Room Type Bonus Room
Total Baths 1
Bedrooms Possible 2
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ExteriorParking Features Yes Garage Owned Detached Owned Garage
Water Source Lake Michigan
Total Parking 6
Lot Dimensions 161X179
Lot Size Acres 28750
Waterfront Y/N N
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices ChicagoBroker
jfudym@bhhschicago.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,925
- Monthly Property Taxes
- $729
- 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 $872,795
Percent of Sale Price 84%
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.
565253 Elementary School
564686 Middle School
Downers Grove North High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/4/2026 | $475,000 | | Listed Price |