$614,999

514 Eldon Place, Downers Grove, IL 60516

Active Under Contract
3 beds 2 baths Built 1961 Residential MLS #MRD12725313 7 days on market
Listing courtesy of Keller Williams ONEChicago · 312-216-2422 · MLS #MRD12725313 · Status: Active Under Contract
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.

Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
Interior features
Open Floorplan, Quartz Counters
Flooring
Hardwood
Fireplaces
1
Fireplace details
Wood Burning
Basement
Unfinished, Sub-Basement, Full
Laundry
Sink
Additional rooms
Foyer, Recreation Room
Total rooms
8

Building & exterior

Age
61-70 Years
Exterior
Vinyl Siding, Brick
Roof
Asphalt
Foundation
Concrete Perimeter
Patio & porch
Deck, Patio
Other structures
Shed(s)

Parking

Garage spaces
2
Total spaces
2
Parking details
Asphalt, Garage Door Opener, Yes, Attached, Garage

Lot & location

Lot dimensions
67X87X150X62X62X28
Township
Downers Grove
County
DuPage

Utilities

Heating
Natural Gas
Cooling
Central Air
Water
Lake Michigan, Public
Sewer
Public Sewer
Equipment
CO Detectors, Ceiling Fan(s), Fan-Whole House, Sump Pump

HOA & community

Assessment includes
None
Community features
Sidewalks, Street Paved

Schools

Elementary
Fairmount Elementary School (58)
Junior high
O Neill Middle School (58)
High school
Downers Grove South High School (99)

Taxes & terms

Annual taxes
$9,646 (2025)
Parcel number (PIN)
0917208011
PIN
0917208011
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/5/2026

Rooms

RoomSizeLevelFlooring
Foyer5X12MainHardwood
Recreation Room24X23BasementLuxury Vinyl
Bedroom 214X13SecondHardwood
Bedroom 310X14SecondHardwood
Bedroom 4N/A
Dining Room10X11MainHardwood
Family Room10X23LowerCarpet
Kitchen9X16MainHardwood
LaundryN/A
Living Room14X24MainHardwood
Master Bedroom16X13SecondHardwood

What would this home cost per month?

Using this listing's actual tax bill (2025) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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