540 Elm St Glen Ellyn, IL 60137
Estimated payment $10,426/month
Highlights
- New Construction
- Open Floorplan
- Wolf Appliances
- Forest Glen Elementary School Rated A-
- Community Lake
- Property is near a park
About This Home
Welcome to 540 Elm Street! Offering the best of both worlds, this gem marries the grace of classic architectural lines with the convenience, scale and luxe finishes and appointments of modern day living. New construction blends seamlessly with the charming streetscape in this highly sought-after neighborhood. The house is exceptionally bright and cheery, with oversized windows, over-looking a 75 x 160 nice flat open yard. Offering top-rated schools and walking distance to downtown Glen Ellyn and Metra train, this custom build is a modern day jewel box to call your own. For over 30 years, Ray Whalen built homes have been known for their light filled, elegant designs, fine finishes, detailed millwork and custom cabinetry. The covered porch welcomes you to this 5 bedroom 4-1/2 bath home with open floor plan, 9 foot ceilings throughout, hardwood flooring, custom kitchen with Sub Zero, Wolf and Cove appliances, expansive island, mudroom nearby and family room with gas fireplace. Find respite and pamper yourself in the spa like primary retreat. Five spacious bedrooms with 3 full baths on 2nd floor with the extra large 5th bedroom designed to also work well as an additional space for kids play area, an upstairs home office or exercise room. Other amenities include spacious bright 2nd floor laundry room, well-appointed baths, Marvin windows, full finished basement and attached 2.5 car garage with plentiful storage. Still time to personalize certain finishes. Wonderful proximity to top rated Forest Glen Elementary, walking distance to Glenbard West High School, picturesque Lake Ellyn, town, train and restaurants. Each and every last detail has been carefully thought out, down to the hot water spigot to the back yard. Late spring possession. Seize this rare opportunity to purchase a new- construction home in the heart of the village. Please do not walk or attempt to enter the property without an appointment with the listing agent.
Listing Agent
Keller Williams Premiere Properties License #475128758 Listed on: 12/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,956
Year Built
- Built in 2025 | New Construction
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 75 x 160
- Paved or Partially Paved Lot
Parking
- 2.5 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,745 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Historic or Period Millwork
- Gas Log Fireplace
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Home Office
- Recreation Room
- Home Gym
- Unfinished Attic
Kitchen
- Breakfast Bar
- Range with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wolf Appliances
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- 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
- Finished Basement Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire Sprinkler System
Schools
- Forest Glen Elementary School
- Hadley Junior High School
- Glenbard West High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Additional Features
- Patio
- Property is near a park
Community Details
Overview
- Community Lake
Recreation
- Tennis Courts
- Community Pool
Map
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 | $8,956 | $125,359 | $46,063 | $79,296 |
| 2023 | $8,591 | $115,390 | $42,400 | $72,990 |
| 2022 | $8,165 | $109,050 | $40,070 | $68,980 |
| 2021 | $7,860 | $106,460 | $39,120 | $67,340 |
| 2020 | $7,707 | $105,470 | $38,760 | $66,710 |
| 2019 | $7,544 | $102,690 | $37,740 | $64,950 |
| 2018 | $7,670 | $109,580 | $40,970 | $68,610 |
| 2017 | $6,047 | $105,540 | $39,460 | $66,080 |
| 2016 | $6,394 | $101,320 | $37,880 | $63,440 |
| 2015 | $6,701 | $96,660 | $36,140 | $60,520 |
| 2014 | $6,952 | $93,390 | $27,340 | $66,050 |
| 2013 | $6,747 | $93,670 | $27,420 | $66,250 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $1,842,000 | -- | $492 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $320,000 | Attorney S Title Guaranty Fu | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12498235
APN: 05-02-322-008
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