Malisa Kothe
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
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
MLS ID: 12595465
Room Information
Bedroom 2: 11X11
Bedroom 3: 10X11
Dining Room: 9X11
Family Room: 10X31
Kitchen: 10X16
Laundry: 14X20
Living Room: 13X17
Primary Bedroom: 10X13
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5905 Lee Avenue, Downers Grove, IL 60516.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 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 |
Malisa Kothe
REALTOR®
Office: (319) 752-9933
Cell: (319) 850-6936
Licensed in IA & IL
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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