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Downers Grove 60516
514 Eldon Place
$614,999
● House - In Contract

514 Eldon Place

Downers Grove, IL 60516
bedrooms
3 Beds
bathrooms
2 Baths
$3,824
Est. Monthly

About This Property

Multiple offers received- highest and best due 8pm Monday, August 10th. Welcome to this beautifully updated 4-level split, offering 3 bedrooms, 2 bathrooms, and the perfect blend of timeless design, thoughtful renovations, and an unbeatable location in one of Downers Grove's most sought-after neighborhoods. Situated on an expansive lot just one mile from vibrant downtown Downers Grove, you'll enjoy convenient access to award-winning restaurants, boutique shopping, the Metra, parks, and everything this charming community has to offer. Even closer to home, you'll find the elementary and middle schools, the YMCA, Downers Grove Swim & Racquet Club, Barth Pond, and Patriots Park all within approximately 0.3 miles, while Jewel-Osco and Ebersold Park are less than a mile away. Extensively renovated in 2018, this home was thoughtfully reimagined to create the open-concept layout today's buyers are searching for. From the moment you step inside, abundant natural light, beautiful sightlines, and warm finishes create an inviting atmosphere that feels both spacious and welcoming. The heart of the home is the stunning custom chef's kitchen, featuring custom cabinetry, KitchenAid stainless steel appliances, a built-in microwave, a spacious quartz island with a butcher block accent countertop, soft-close cabinetry, a built-in pantry with exceptional storage, and elegant under-cabinet and interior cabinet lighting. The kitchen flows effortlessly into the main living area, creating the ideal space for everyday living and entertaining alike. The flexible four-level layout includes two spacious living areas plus a finished sub-basement that adds valuable additional living space. Whether you envision a recreation room, home gym, media room, playroom, office, or hobby space, this level easily adapts to your lifestyle. Upstairs, you'll find three generously sized bedrooms with beautifully refinished red oak hardwood flooring and a fully renovated bathroom that includes new mirrors and a whirlpool tub. Step outside and discover one of the home's most unique and enjoyable features-its expansive yard with mature trees and virtually maintenance-free landscaping. While much of the outdoor space extends alongside the home, it creates an incredibly versatile setting. There's ample room for kids and pets to play, yard games, entertaining, and large gatherings, while the deck remains surprisingly private and tucked away, providing the perfect place to relax or host friends and family. Beyond its stunning renovation, this home has been meticulously maintained with numerous major improvements, including a new roof and siding (2025), a new furnace (2026), new luxury vinyl plank flooring in the finished sub-basement (2026), and fresh paint throughout all four levels, offering the next owner a truly turnkey transition.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$804
HOA Dues
-
Year Built
1961

Listed By

Kevin Hinton
Kevin Hinton
Keller Williams - Chicago - Lincoln Park
Emily Phair
Emily Phair
Keller Williams - Chicago - Lincoln Park

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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Asphalt, Garage Door Opener, Attached, Garage, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Open Floorplan, Quartz Counters
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
Flooring Type: Hardwood
Laundry Features: Sink
Rooms: 8
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Unfinished, Full, Sub-Basement
Exterior Details
Year Built: 1961
Levels: Quad-Level
Other Structures: Shed(s)
Construction Materials: Vinyl Siding, Brick
Patio and Porch Features: Deck, Patio
Lot Size Dimensions: 67X87X150X62X62X28
Water Source: Public, Lake Michigan
Financial Details
Tax Annual Amount: $9,646
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 637
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,394
  • Gross Building Area: 2,394
  • Building Area: 1,757
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,757
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUNNINGS SUB
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BUNNINGS SUB

Neighborhood

  • School District Name: Community High School District 99
  • School Tax School District: DOWNERS GROVE
  • Census Tract: 845602

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3144-D4
  • Parcel: 09-17-208-011
  • Block: 2
  • Lot: 14
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7818
  • Longitude: -87.9975

    Address

  • Full Address: 514 Eldon Pl
  • Address - House Number: 514
  • Address - Street Name: Eldon
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Downers Grove
  • Carrier Code: C041
  • 4-Digit Zip Code: 1425
  • Zip Code: 60516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $807,242
  • Tax Rate Code Area: 9026

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 502,188
  • High Value: 587,706
  • Low Value: 416,670

    Market Valuation

  • Market Total Value: $429,480
  • Market Land Value: $197,160
  • Market Improvement Value: $232,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $143,160
  • Assessed Land Value: $65,720
  • Assessed Improvements Value: $77,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 26, 2010
  • Current Sale Recording Date: Mar 30, 2010
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2010-041388
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 514 Eldon Place built and last sold?
The property at 514 Eldon Place was built in 1961 and last sold on Mar 26, 2010 for $303,000.
How much is this home worth?
The estimated value of the home located at 514 Eldon Place is $621,149.
What are some comparable homes to 514 Eldon Place?
There are currently no comparable homes to 514 Eldon Place.