Seller's Agent in 2025
Rizwan Gilani
ALLURE Real Estate
(773) 456-6168
2 in this area
311 Total Sales
5409 Lane Place Downers Grove, IL 60515
3
Beds
2
Baths
1,700
Sq Ft
5,432
Sq Ft Lot
Highlights
- Landscaped Professionally
- Mature Trees
- Wood Flooring
- Hillcrest Elementary School Rated A-
- Traditional Architecture
- Sun or Florida Room
About This Home
As of March 2025This beautifully maintained vintage home at 5409 Lane Place offers timeless charm and modern updates in a highly desirable location near downtown Downers Grove. With 3 bedrooms, 2 baths, and a thoughtfully designed layout, this home is perfect for those seeking both character and convenience. The welcoming covered entry leads to a bright and airy living room filled with natural light. Just off the living room, a cozy sunroom provides the perfect space for a den, home office, or reading nook. The dining room overlooks a beautifully landscaped backyard, ideal for entertaining or relaxation. The kitchen boasts 42-inch maple cabinets, natural stone countertops, new stainless steel appliances. Recently updated electrical wiring throughout the home for modern convenience, and original hardwood floors flow through the main living areas. Upstairs, you'll find three comfortable bedrooms and an updated full bathroom. The finished basement expands the living space with a large family room, a second fully updated bathroom, a dedicated laundry room, ample storage, and a versatile office or bonus room. Situated near charming downtown Downers Grove, this home places you just moments away from restaurants, shopping, the train, theater, parks, and more. Don't miss the opportunity to own this stunning home that seamlessly blends vintage charm with modern updates. Schedule your showing today!
Last Agent to Sell the Property
ALLURE Real Estate License #475126352 Listed on: 01/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,668
Year Built
- Built in 1924
Lot Details
- 5,432 Sq Ft Lot
- Lot Dimensions are 50x112x61x92
- Landscaped Professionally
- Paved or Partially Paved Lot
- Mature Trees
Home Design
- Traditional Architecture
- Asphalt Roof
- Radon Mitigation System
Interior Spaces
- 1,700 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Window Screens
- Family Room
- Living Room
- L-Shaped Dining Room
- Home Office
- Sun or Florida Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Parking
- 2 Parking Spaces
- Driveway
- Parking Included in Price
Outdoor Features
- Patio
- Fire Pit
- Shed
Schools
- Hillcrest Elementary School
- Herrick Middle School
- North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2025
Closed on
Mar 5, 2025
Sold by
Anderson Julia and Grim Alexander
Bought by
Maloney Margaret E and Miles Graeme J
Seller's Agent
Rizwan Gilani
ALLURE Real Estate
Buyer's Agent
Zak Knebel
@properties Christie's International Real Estate
List Price
$439,000
Sold Price
$468,000
Premium/Discount to List
$29,000
6.61%
Views
202
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,408
Avg. Annual Appreciation
1.86%
Original Mortgage
$374,400
Outstanding Balance
$372,513
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$102,895
Purchase Details
Listed on
Feb 28, 2023
Closed on
Mar 28, 2023
Sold by
Joshua M Drews M and Joshua Kathryn F
Bought by
Anderson Julia and Grim Alexander
Seller's Agent
Mary Braatz
RE/MAX Enterprises
Buyer's Agent
Benjamin Myers
ALLURE Real Estate
List Price
$400,000
Sold Price
$400,000
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$360,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2021
Sold by
Drews Joshua Matthew and Pillischafske Kathryn Faith
Bought by
Drews Joshua M and Pillischafske Kathryn F
Purchase Details
Listed on
Sep 13, 2019
Closed on
Jan 9, 2020
Sold by
Burnside Patricia S and Burnside Lawrence M
Bought by
Drews Joshua Matthew and Pillischafske Kathryn Faith
Seller's Agent
Kim Moustis
Keller Williams Experience
Buyer's Agent
Mary Braatz
RE/MAX Enterprises
List Price
$350,000
Sold Price
$332,000
Premium/Discount to List
-$18,000
-5.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$265,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2003
Sold by
Burnside Lawrence M and Burnside Patricia S
Bought by
Burnside Patricia S and Burnside Lawrence M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $468,000 | Proper Title | |
| Warranty Deed | $400,000 | Midwest Title & Appraisal Serv | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $332,000 | Git | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $374,400 | New Conventional | |
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $265,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2025 03/10/25 | Sold | $468,000 | +6.6% | $275 / Sq Ft | |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- | |
| 01/30/2025 01/30/25 | Price Changed | $439,000 | 0.0% | $258 / Sq Ft | |
| 01/30/2025 01/30/25 | For Sale | $439,000 | +9.8% | $258 / Sq Ft | |
| 04/03/2023 04/03/23 | Sold | $400,000 | 0.0% | $261 / Sq Ft | View Prior Sale |
| 03/03/2023 03/03/23 | Pending | -- | -- | -- | |
| 02/28/2023 02/28/23 | For Sale | $400,000 | +20.5% | $261 / Sq Ft | |
| 01/10/2020 01/10/20 | Sold | $332,000 | -2.1% | $272 / Sq Ft | View Prior Sale |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- | |
| 11/07/2019 11/07/19 | Price Changed | $339,000 | -1.7% | $277 / Sq Ft | |
| 09/26/2019 09/26/19 | Price Changed | $345,000 | -1.4% | $282 / Sq Ft | |
| 09/13/2019 09/13/19 | For Sale | $350,000 | -- | $286 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,979 | $112,435 | $51,594 | $60,841 |
| 2023 | $5,668 | $103,360 | $47,430 | $55,930 |
| 2022 | $5,141 | $93,350 | $44,910 | $48,440 |
| 2021 | $4,810 | $92,290 | $44,400 | $47,890 |
| 2020 | $4,718 | $90,460 | $43,520 | $46,940 |
| 2019 | $4,563 | $86,800 | $41,760 | $45,040 |
| 2018 | $4,695 | $88,140 | $41,530 | $46,610 |
| 2017 | $4,540 | $84,810 | $39,960 | $44,850 |
| 2016 | $4,444 | $80,940 | $38,140 | $42,800 |
| 2015 | $4,387 | $76,150 | $35,880 | $40,270 |
| 2014 | $4,039 | $68,650 | $31,720 | $36,930 |
| 2013 | $3,956 | $68,330 | $31,570 | $36,760 |
Source: Public Records
Agents Affiliated with this Home
-
Rizwan Gilani
-
Benjamin Myers
B
Seller Co-Listing Agent in 2025
Benjamin Myers
ALLURE Real Estate
(312) 585-7123
2 in this area
88 Total Sales
-
Zak Knebel
Buyer's Agent in 2025
Zak Knebel
@ Properties
(773) 290-9293
3 in this area
239 Total Sales
-
Jeanette Madock
Buyer Co-Listing Agent in 2025
Jeanette Madock
@ Properties
(708) 228-4557
2 in this area
56 Total Sales
-
Mary Braatz
Seller's Agent in 2023
Mary Braatz
RE/MAX
(630) 258-7677
26 in this area
116 Total Sales
-
Kim Moustis
Seller's Agent in 2020
Kim Moustis
Keller Williams Experience
(630) 244-0451
35 in this area
399 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12268798
APN: 09-08-313-017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1024 Blanchard St
- 1323 Maple Ave
- 907 Curtiss St Unit 407
- 5742 Webster St
- 965 Rogers St Unit 202
- 10/11 Maple Ave
- 5229 Benton Ave
- 4929 Forest Ave Unit 2E
- 4952 Linscott Ave
- 543 Burlington Ave Unit 112E
- 5735 Dearborn Pkwy
- 525 Bunning Dr
- 5632 Fairview Ave
- 5333 Fairview Ave
- 4946 Douglas Rd Unit 202
- 5519 Fairview Ave
- 342 Maple Ave
- 4533 Highland Ave
- 4947 Wilcox Ave
- LOT 8 Margo Ct