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5905 Lee Avenue Downers Grove, IL 60516 Residential - Single Family Pending

Pending
  • 5905 Lee Avenue, Downers Grove, IL 60516 Main Photo

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Description

Opportunity knocks in one of Downers Grove's most desirable locations. This solid 3 bedroom, 2 bathroom home sits on an expansive 66x300 lot and offers incredible potential for investors, flippers, or handy homeowners ready to add value. This is primarily a moderate to heavy cosmetic rehab, making it an ideal project for those looking to maximize returns without taking on a full gut renovation. With strong buyer demand in the area, this property presents a clear path to profit whether you're planning to renovate and resell, hold as a rental, or create your own customized home. The location is a major advantage. Just minutes from Downtown Downers Grove, the Metra, and major highways including I-355, I-88, and I-55, this home offers convenience that today's buyers and renters are actively seeking. It's also situated within the highly regarded Indian Trail Elementary, O'Neill Middle School, and Downers Grove South High School districts. Surrounded by parks, restaurants, shopping, and everything that makes Downers Grove such a sought-after community, this is a rare chance to secure a value-add property in a high-demand neighborhood. Bring your vision and unlock the incredible upside potential this solid home can offer!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,140
Garage Size: 2
Built in 1955
Elementary School: Indian Trail Elementary School
High School: Downers Grove South High School
Middle School: O Neill Middle School

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 1,140
County: DuPage
High School: Downers Grove South High School
Listed By:
Platinum Partners Realtors 630-435-3500
MRED MLS

Room Information

Bedroom 2: 11X11
Bedroom 3: 10X11
Dining Room: 9X11
Family Room: 10X31
Kitchen: 10X16
Laundry: 14X20
Living Room: 13X17
Primary Bedroom: 10X13
$280,000
Est. $1,797/mo
3beds
2baths
1,140sqft
2cars
Pending
BEDS3 BATHS2 full SQUARE FEET1,140 MLS#12595465
STATUSPending PROPERTY TYPEResidential - Single Family SCHOOLDistrict 99

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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5905 Lee Avenue, Downers Grove, IL 60516.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $280,000$280,000$280,000
Down Payment $56,000$9,800$70,000
Monthly Mortgage Amount $1,307$1,648$1,702
Taxes $390$390$390
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$123$0
Monthly Estimated Total $1,797$2,261$2,192

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