$250,000
PENDING

7925 Fairmount Ave Downers Grove, IL 60516

Estimated payment $1,848/month

Total Views 136,427
3 Beds
1.5 Baths
1,392 Sq Ft
$180 Price per Sq Ft

Highlights

  • Community Lake
  • Property is near a park
  • Laundry Room
  • Prairieview Elementary School Rated A-
  • Living Room
  • 1-Story Property

About This Home

House had a fire and is considered to be a teardown. House is NOT safe, please do NOT attempt to go inside. Basement is full concrete with approximately 1,400 sq ft footprint. Utilities are to house (electric, water, sewer and gas - Property also has a well that needs new well pump). Wonderful opportunity to get into the prestigious Bruce lake Neighborhood. 1/2 acre lot in unincorporated DG.

Listing Agent

Kris Jepsen

eXp Realty License #475171005 Listed on: 08/01/2025

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,938

Year Built

  • Built in 1967

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200x100x200
  • Paved or Partially Paved Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Location

  • Property is near a park

Schools

  • Elizabeth Ide Elementary School
  • Lakeview Junior High School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Well

Community Details

  • Bruce Lake Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,938

Year Built

Built in 1967

Lot Details

0

HOA Fees

$21 per month

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: Bruce Lake
  • Year Built: 1967
  • Age: 51-60 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): No
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Concrete, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1392
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1392
  • Assessed Sq Ft: 1392
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1392
  • Basement Sq Ft: 1392
  • Fireplace Location: Family Room
  • Total Sq Ft: 2784
  • Unfinished Basement Sq Ft: 1392
  • Main Level Sq Ft: 1392

Exterior Features

  • Construction Materials: Cedar
  • Foundation Details: Concrete Perimeter
  • List Price: 250000
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public, Well

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Elizabeth Ide Elementary School
  • High School: South High School
  • Middle/Junior School: Lakeview Junior High School
  • Middle/Junior School District: 66

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.4645
  • Lot Dimensions: 100X200X100X200
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5938
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,938 $111,720 $65,220 $46,500
2023 $6,099 $109,670 $59,960 $49,710
2022 $5,772 $103,360 $56,510 $46,850
2021 $5,271 $102,190 $55,870 $46,320
2020 $5,795 $100,160 $54,760 $45,400
2019 $5,618 $96,100 $52,540 $43,560
2018 $5,749 $96,720 $52,230 $44,490
2017 $5,556 $93,070 $50,260 $42,810
2016 $5,307 $88,830 $47,970 $40,860
2015 $5,231 $83,570 $45,130 $38,440
2014 $5,143 $81,250 $43,880 $37,370
2013 $5,232 $80,660 $43,670 $36,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $250,000 -33.9% $180 / Sq Ft
09/05/2023 09/05/23 Sold $378,000 -1.8% $272 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $385,000 -- $277 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $378,000 Chicago Title
Deed -- Accommodation
Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $359,100 New Conventional
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $160,000 Unknown
Previous Owner $87,000 Unknown
Previous Owner $67,000 No Value Available
Previous Owner $40,040 Unknown
Previous Owner $25,037 Unknown
Source: Public Records

About the Listing Agent

Kris Jepsen

eXp Realty

(331) 258-1942

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As an agent who is an expert in this local area, Kris Jepsen brings a wealth of knowledge and expertise about buying and selling real estate here. It is not the same everywhere, so you need someone you can trust for up-to-date information. He is eager to serve you. Here are some of the things I can do for you:

Find Your Next Home

You need someone who knows this area inside and out! Kris can work with you to find the right home at the right price for you, including all the

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12431521

Midwest Real Estate Data (MRED)

APN: 09-32-203-008