425 Sherman St Downers Grove, IL 60515
Estimated payment $10,423/month
Total Views
5,548
4
Beds
4
Baths
3,600
Sq Ft
$486
Price per Sq Ft
Highlights
- New Construction
- Open Floorplan
- Wood Flooring
- Lester Elementary School Rated A-
- Property is near a park
- 5-minute walk to Sterling Park
About This Home
Build to Suit Opportunity! Build your own Custom Dream home on this incredible 90FT wide lot in the coveted Lester Elementary School neighborhood of Downers Grove North High School! Seasoned Downers Grove Custom Builder Delivers Exceptional Modern Luxury New Construction Homes. All options and customizations are available to the buyer- this is a Build to Suit Opportunity. Lot allows for a large scale home with 4 car garage Option- buyer can meet with builder and architect to discuss all the possibilities. Buyer can make the home any size within village regulations for the lot/garage. This is a build to suit opportunity and would be financed by the buyer with options to create YOUR dream home. Example photos represent previous builds: 4 Bedrooms, First Floor Full Bathroom, Grand Dining Room off the Kitchen with pocket doors, Gourmet Chef's Kitchen, breakfast eating area, 10FT ceilings on the first floor, Tall 8Ft Doors on first floor, upgraded millwork with wall details, upgraded windows, zoned HVAC with 2 furnaces & 2 ac units, and deep pour basement roughed for a future full bathroom. Amazing LOCATION! Blocks to Downers Grove Fairview Train Station, 3 Blocks to Lester Elementary School, Hummer Park, Washington Park, within 1 mile to Downers Grove North High School, 1.4 mile to Herrick Middle School & Downtown Downers Grove! Luxury home with included upgrades and buyer allowances to make selections within the buyer's final option price. Photos are of a very similar recent build and builder can meet with buyer to discuss build to suit process as this would be a custom built home for the buyer. Lot walks are available by appointment only with listing agent present- Now is the time to design your dream home on this dream property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,098
Year Built
- New Construction
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 90x132
- Paved or Partially Paved Lot
Parking
- 3 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,600 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Bar Fridge
- Historic or Period Millwork
- Beamed Ceilings
- Heatilator
- Gas Log Fireplace
- Mud Room
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Wood Flooring
- Carbon Monoxide Detectors
Kitchen
- Double Oven
- Gas Oven
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 4 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Sink Near Laundry
- Gas Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Patio
- Porch
Location
- Property is near a park
Schools
- Lester Elementary School
- Herrick Middle School
- North High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Two Heating Systems
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
- Gas Water Heater
Community Details
- Custom
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,099 | $158,928 | $106,463 | $52,465 |
| 2023 | $8,685 | $146,100 | $97,870 | $48,230 |
| 2022 | $8,141 | $138,330 | $92,670 | $45,660 |
| 2021 | $7,624 | $136,760 | $91,620 | $45,140 |
| 2020 | $7,489 | $134,060 | $89,810 | $44,250 |
| 2019 | $7,265 | $128,630 | $86,170 | $42,460 |
| 2018 | $7,055 | $123,440 | $85,700 | $37,740 |
| 2017 | $6,844 | $118,790 | $82,470 | $36,320 |
| 2016 | $6,724 | $113,370 | $78,710 | $34,660 |
| 2015 | $6,671 | $106,660 | $74,050 | $32,610 |
| 2014 | $6,147 | $95,360 | $65,450 | $29,910 |
| 2013 | $6,023 | $94,910 | $65,140 | $29,770 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 06/23/2025 06/23/25 | For Sale | $1,750,000 | -- | $486 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $365,000 | Midwest Title & Appraisal Serv | |
| Trustee Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $137,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $131,300 | New Conventional | |
| Previous Owner | $129,600 | Unknown | |
| Closed | -- | No Value Available |
Source: Public Records
Similar Homes in Downers Grove, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12399414
APN: 09-05-417-007
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