NOT LISTED FOR SALE

5428 Fairview Ave Downers Grove, IL 60515

Estimated Value: $528,000 - $535,000

3 Beds
2 Baths
2,083 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $440,000 $211 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,451/month

6 Days on Market

Highlights

  • Spa
  • Community Lake
  • Property is near a park
  • Whittier Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2023

Tucked away in a premium location just steps from all the amenities of saught after Randall Park including Downers Grove Swim & Racquet Club, Patriots Park, Barth Pond and Randall Park with tennis courts, this hidden gem is a must see. Set on a premium 297 foot deep lot, this updated 2-story home does not disappoint. A fooler from the curb, as soon as you turn the corner, you will be pleasantly surprised by the vast open space of the driveway, backyard and spacious home with over 2,000SF of living space including a finsihed walkout basement. An addition in 1997 doubled the size of the house. The 2015 kitchen features all stainless steel JennAir appliances, granite countertops and travertine floors and an adjacent dining room and breakfast nook. Don't miss the attached 2-car garage, the hot tub overlooking the backyard, the Brazilian walnut (IPE) deck perfect for having your morning coffee while enjoying nature, 2 office spaces and a workshop. Exterior siding freshly painted (2022), new tear off roof (2021) and updated primary bath with Kohler BubbleMassage soaker tub (2016). Just a few blocks to multiple Metra train stations and 1.2 miles to all that Downtown Downers Grove has to offer. Located in the highly rated Whittier Elementary and Downers Grove North High School districts, buy with confidence in one of the most sought-after communities in the western suburbs. Randall Park is known for its neighborhood events including the annual holiday luminaria, Easter egg hunt, soap box derby and more. ** Hot tub and washer/dryer are negotiable. ** Welcome Home!

Last Agent to Sell the Property

Samantha Schroeder

@properties Christie's International Real Estate License #475140619 Listed on: 04/14/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Edwin Hojnacki

Baird & Warner License #475139428

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 1916 | Remodeled in 1997

Lot Details

  • 0.35

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Block Foundation

Interior Spaces

  • 2,083 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Workshop
  • Lower Floor Utility Room
  • Laundry Room
  • Utility Room with Study Area
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Gas Cooktop
  • Range Hood
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Porch

Schools

  • Whittier Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Lot Dimensions are 52 x 297
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Randall Park Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,331

Year Built

Built in 1916 | Remodeled in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Randall Park
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1997
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1997

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, High End Refrigerator, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
  • Basement: Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 2083
  • Room Type: Breakfast Room, Office, Workshop, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1827
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Porch, Hot Tub
  • Foundation Details: Block
  • List Price: 450000
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Lake, Sidewalks, Street Lights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Whittier Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Lot Dimensions: 52 X 297
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6330.64
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 17, 2023
Sold by
Kompare Gary Charles
Bought by
Chibe Douglas and Chibe Maryjo
Seller's Agent
Samantha Schroeder
@properties Christie's International Real Estate
Buyer's Agent
Edwin Hojnacki
Baird & Warner
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
65
Current Estimated Value
$530,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,865
Avg. Annual Appreciation
8.21%
Original Mortgage
$127,000
Outstanding Balance
$123,391
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$407,474

Purchase Details

Closed on
Apr 3, 1995
Sold by
Kochan Edward and Kochan Roman
Bought by
Kompare Gary Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,642
Interest Rate
8.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chibe Douglas $440,000 Elevation Title
Kompare Gary Charles $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chibe Douglas $127,000
Previous Owner Kompare Gary Charles $74,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $440,000 -2.2% $211 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $450,000 -- $216 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $7,497 $138,955 $68,912 $70,043
2023 $7,118 $127,740 $63,350 $64,390
2022 $6,764 $120,930 $59,970 $60,960
2021 $6,331 $119,560 $59,290 $60,270
2020 $6,212 $117,200 $58,120 $59,080
2019 $6,012 $112,460 $55,770 $56,690
2018 $5,514 $102,470 $55,500 $46,970
2017 $4,995 $92,710 $53,410 $39,300
2016 $4,602 $83,590 $50,970 $32,620
2015 $4,543 $78,640 $47,950 $30,690
2014 $4,301 $72,720 $41,640 $31,080
2013 $4,212 $72,370 $41,440 $30,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11755870

Midwest Real Estate Data (MRED)

APN: 09-08-418-038