Recently Listed Open House 8/1 12pm - 3pm
516 ELDON Place
Downers Grove, IL, 60516 $ 599,000
Bedrooms3 Baths2.0 Sq 1,550 Monthly Estimate*
$ 3,782
for $599,000 with 3 bedrooms and 2 full baths. This 1,550 square foot home was built in 1959.
SHOWSTOPPING BRICK RANCH IN DOWNERS GROVE! Prepare to be impressed-516 Eldon Place shows like a professionally staged model and feels as though it belongs in the pages of a luxury design magazine. Set on a generous 75-by-150-foot, east-facing corner lot in one of Downers Grove's beautiful, established neighborhoods, this sprawling brick ranch offers approximately 3,100 square feet of total finished space between the main level and full finished lower level. Freshly painted throughout in a sophisticated, modern color palette, the home feels polished, elegant, and completely move-in ready. The old carpeting has been removed to reveal the original hardwood floors, which have been beautifully refinished and bring warmth and character to the main living areas. Both main-level bathrooms have been completely gutted and remodeled with stylish contemporary finishes. The spacious living room makes an unforgettable impression with its gas fireplace and walls of windows that fill the room with natural light. The kitchen provides abundant cabinetry and flows seamlessly into the formal dining room, creating an inviting setting for entertaining. A separate family room offers another comfortable space for relaxing and everyday living. All three bedrooms and both full bathrooms are conveniently located on the main level. The enormous finished lower level dramatically expands the home's possibilities. Designed for entertaining, it features a wood-burning fireplace, wet bar, expansive recreation area, separate workroom, dedicated laundry room, and exceptional storage. There is ample space for a home theater, game room, fitness area, home office, or additional gathering space. Outside, enjoy the large, fully fenced yard-perfect for summer barbecues, outdoor entertaining, pets, and privacy. The attached 21/2-car garage is equipped with a Tesla charger, adding a valuable modern convenience. Located in the sought-after Fairmount Elementary and O'Neill Middle School attendance area and conveniently close to parks, schools, and the YMCA, this remarkable property combines classic brick-ranch construction with beautifully updated interiors, extraordinary finished space, and an outstanding Downers Grove location. This home can accommodate a quick closing-schedule your private showing before it is gone!
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Open House
8/1/2026 12:00 PM - 3:00 PM
516 ELDON Place Downers Grove, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 1550
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Portable Dishwasher Refrigerator Washer Dryer
Garage Spaces 2
Association Fee Includes None
Architectural Style Ranch
Construction Materials Brick
Year Built 1959
Electric Circuit Breakers
Township Downers Grove
Tax Year 2024
Ownership Fee Simple
Community Features Park Sidewalks Street Lights Street Paved
Assoc Fee Paid Per Not Applicable
County DuPage
New Construction N
Property Type Residential Detached Single
Total Rooms 7
Full Baths 2
Status New
Directions FAIRVIEW NORTH THEN 59TH WEST TO ELDON
High School Downers Grove South High School
City Downers Grove
High School District 99
MLS Area Downers Grove
Elementary School Fairmount Elementary School
Tax Annual Amount 8081
Middle/Junior High School O Neill Middle School
Additional Parcels Y/N N
Virtual Tour https://listings.vizimagerealestate.com/sites/516-eldon-pl-downers-grove-il-60516-24718666/branded
Standard Status Active
Middle/Junior School District 58
Elementary School District 58
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InteriorInterior Amenities 1st Floor Bedroom 1st Floor Full Bath Open Floorplan Separate Dining Room Workshop Quartz Counters
Basement Partially Finished Full
Flooring Hardwood Wood
Total Fireplaces 2
Fireplace Features Wood Burning
Half Baths 0
Laundry Features Gas Dryer Hookup Electric Dryer Hookup
Total Bedrooms 3
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 3
Bathroom Separate Shower
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ExteriorParking Features Asphalt Garage Door Opener Yes Garage Owned Attached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 75X150
Waterfront Y/N N
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* Excluded FeaturesList ByCharles Rutenberg Realty Of IlBroker
Keith.Kreis@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,782
- Monthly Property Taxes
- $673
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $867,249
Percent of Sale Price 45%
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.
565062 Elementary School
567861 Middle School
Downers Grove South High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/29/2026 | $599,000 | | Listed Price |