
540 Elm St Glen Ellyn, IL 60137
Estimated payment $10,476/month
Highlights
- New Construction
- Wood Flooring
- Double Oven
- Forest Glen Elementary School Rated A-
- Formal Dining Room
- Stainless Steel Appliances
About This Home
To be built with meticulous precision and finest quality, this inviting new construction, 5 bedroom, 3.1 bath home with open floor plan, has notable features throughout its 3745 square feet. The generously sized 5th bedroom can also be used as a bonus room, home office or exercise room. Custom kitchen with Sub Zero, Wolf and Cove appliances, and an oversized island. First floor has 9' ceilings and hardwood flooring, mudroom, family room with gas fireplace. 2nd floor laundry room, Marvin windows, attached 2.5 car garage, architectural shingles. Optional 1167 square foot finished area in the deep pour basement includes a possible exercise room, guest bedroom, recreation room with dry bar, full bath and unfinished storage/mechanicals. Forest Glen Elementary is across the street, and just a few short blocks to Lake Ellyn, Glenbard West, town and train. Listing agent or builder must be present to walk the lot. Highly regarded local builder Ray Whalen, known for quality construction and a long list of highly satisfied homeowners, is happy to provide references and a list of prior built homes. The list price includes generous allowances, with little or no need for upgrades. This is a rare opportunity to build and customize your own luxury home, on Glen Ellyn's quite popular north side. Photos posted are of recently built homes by the same fine builder, and vary according to individual floor plans. To request a comprehensive list of builder's specifications for this top notch luxury home please contact the listing agent. Plan to have a building permit by June, and start building soon after that!
Listing Agent
Keller Williams Premiere Properties License #475128758 Listed on: 01/23/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,591
Year Built
- Built in 2025 | New Construction
Lot Details
- Lot Dimensions are 75 x 160
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Asphalt Roof
Interior Spaces
- 3,745 Sq Ft Home
- 2-Story Property
- Gas Log Fireplace
- Insulated Windows
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Double Oven
- Cooktop with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Schools
- Forest Glen Elementary School
- Hadley Junior High School
- Glenbard West High School
Utilities
- Two cooling system units
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
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 |
---|---|---|---|---|
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 | Change | Sq Ft Price |
---|---|---|---|---|
01/23/2025 01/23/25 | For Sale | $1,747,000 | -- | $466 / 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 |
---|---|---|---|
Closed | $1,025,000 | Commercial | |
Closed | $240,000 | Commercial |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12272479

APN: 05-02-322-008
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