516 Eldon Place Downers Grove, IL 60516
South Downers Grove NeighborhoodEstimated payment $3,978/month
Highlights
- Open Floorplan
- Property is near park
- Ranch Style House
- Fairmount Elementary School Rated A-
- Living Room with Fireplace
- Wood Flooring
About This Home
THE PHOTOS ARE NOT VIRTUALLY STAGED- 516 Eldon Place truly looks this beautiful in person. Not your typical ranch, this classic brick home combines beautifully updated interiors, convenient main-level living, approximately 2,230 finished square feet, and approximately 3,100 total square feet across both levels. Set on a generous 75-by-150-foot, east-facing corner lot, the home has been thoughtfully transformed while preserving the solid construction and comfortable room sizes buyers appreciate. The freshly painted main level features beautifully refinished hardwood floors and an inviting living room anchored by a gas fireplace and an impressive wall of windows. The updated kitchen stands out with quartz countertops, two-tone cabinetry, stainless-steel appliances, a smart range and dishwasher, excellent storage, and an easy connection to the dining and living areas. All three bedrooms and two completely remodeled full bathrooms are conveniently located on the main level. A separate family room provides additional flexibility for relaxing, entertaining, or working from home. The full lower level dramatically expands the possibilities with a spacious recreation area, a second fireplace, a wet bar, a dedicated laundry room, a workshop, and abundant storage. There is room to create a media area, home gym, office, game room, or additional gathering space. Outside, enjoy a fully fenced yard, patio, and mature landscaping on an oversized corner lot. Additional features include an attached 2.5-car garage with a Tesla charger and a discreetly installed radon-mitigation system. Located in the Fairmount Elementary, O'Neill Middle, and Downers Grove South High School attendance areas, with convenient access to parks, schools, and the YMCA. Move-in ready and available for a QUICK closing-SEE THIS ONE FIRST!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,081
Year Built
- Built in 1959 | Remodeled in 2025
Lot Details
- Lot Dimensions are 75x150
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Parking Available
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,230 Sq Ft Home
- Open Floorplan
- Wood Burning Fireplace
- Drapes & Rods
- Window Screens
- Family Room Downstairs
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Workshop
- Wood Flooring
- Unfinished Attic
- Storm Doors
Kitchen
- Range
- Portable Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Schools
- Fairmount Elementary School
- O Neill Middle School
- Downers Grove South High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Patio
- Property is near park
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $8,664 | $160,931 | $62,631 | $98,300 |
| 2024 | $8,081 | $149,148 | $58,045 | $91,103 |
| 2023 | $7,199 | $137,110 | $53,360 | $83,750 |
| 2022 | $6,958 | $129,220 | $50,280 | $78,940 |
| 2021 | $6,508 | $127,750 | $49,710 | $78,040 |
| 2020 | $6,381 | $125,220 | $48,730 | $76,490 |
| 2019 | $6,164 | $120,150 | $46,760 | $73,390 |
| 2018 | $6,757 | $129,230 | $59,660 | $69,570 |
| 2017 | $6,531 | $124,360 | $57,410 | $66,950 |
| 2016 | $6,387 | $118,690 | $54,790 | $63,900 |
| 2015 | $6,296 | $111,670 | $51,550 | $60,120 |
| 2014 | $6,144 | $106,320 | $50,120 | $56,200 |
| 2013 | $6,018 | $105,830 | $49,890 | $55,940 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/30/2026 08/30/26 | Pending | -- | -- | -- | |
| 08/26/2026 08/26/26 | For Sale | $599,000 | +42.6% | $269 / Sq Ft | |
| 08/11/2023 08/11/23 | Sold | $420,000 | -1.2% | $271 / Sq Ft | View Prior Sale |
| 06/16/2023 06/16/23 | Pending | -- | -- | -- | |
| 06/13/2023 06/13/23 | For Sale | $424,900 | -- | $274 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $420,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $378,000 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12740868
APN: 09-17-206-053
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Ask me questions while you tour the home.