5504 Lyman Avenue, Downers Grove, Illinois 60516
$400,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 1,536 |
| Cost/Sqft: | $244 |
| Beds: | 3 |
| Baths: | 2 |
| Year Built: | 1958 |
| Property Taxes: | $5,001 |
| Days On Market: | 560 |
| Lot Size: | 0,21 |
Description
MULTIPLE OFFERS RECEIVED HIGHEST AND BEST DUE BY 5PM MONDAY APRIL 28TH This split-level home with a sub-basement is ideally situated between Patriots Park with Barth Pond and Memorial Park, offering a lifestyle that's walkable, connected, and full of potential. Just blocks from downtown Downers Grove and the train, this location puts shopping, dining, and commuting options all within easy reach. Inside, the home features three bedrooms and two full baths, with plenty of flexibility to live in comfortably now while planning updates over time. Hardwood flooring is under the foyer and living room floors as well as in all three bedrooms. A standout feature is the walk-up unfinished attic space, already equipped with a water source-offering an incredible opportunity to create a spacious new primary suite or bonus room and significantly increase your livable square footage. The vintage kitchen brings a touch of personality with its classic range, newer lower level walk-in shower, and both the front and rear porches have been updated with durable composite decking. The large yard, two +-car detached garage (manual garage door), and unfinished sub-basement offer even more value with ample storage and outdoor space to enjoy. This is an estate sale, and the property will be conveyed AS-IS. While it's clean and livable, most buyers will likely see this as a chance to update and make it their own. With a newer furnace and solid layout, the bones are here, what you do next is up to you. If you've been searching for a home with potential in an unbeatable Downers Grove location, this is it. Recent improvements (dates not guaranteed) Fridge (2024), Furnace (2021), Humidifier (2023), Hot Water Heater (2017), Toilets (2023). Approximately 1400 square feet excluding basement and unfinished attic space.
Property Specifics
| Single Family | |
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| 1958 | |
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| No | |
| 0.21 |
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| — / Not Applicable | |
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| 12344055 | |
| 0917104017 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Fairmount Elementary School |
58 | — | |
|
Middle School
O Neill Middle School |
58 | Not in DB | |
|
High School
South High School |
99 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 14 May, 2025 | Sold | $400,000 | MRED MLS |
| 30 Apr, 2025 | Under contract | $375,000 | MRED MLS |
| 24 Apr, 2025 | Listed for sale | $375,000 | MRED MLS |
| 19 May, 2026 | Sold | $680,000 | MRED MLS |
| 15 Apr, 2026 | Under contract | $699,900 | MRED MLS |
| — | Last price change | $710,000 | MRED MLS |
| 26 Jan, 2026 | Listed for sale | $710,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 1
Rooms: —
Other Specifics
| 2 | |
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| 50X183 | |
| Interior Stair | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $5,001 |
| 2026 | $5,320 |
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Listing Provided By
Platinum Partners Realtors
