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Active Under ContractMLS #: 127408681 / 52Get an accurate number
Active Under ContractMLS #: 127408681 / 523 Beds · 2 Baths · 2,230 sq ft
$599,000
516 ELDON Place, Downers Grove IL, 60516
Est. payment: $3,845/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Price per sq ft
$269
Built in
1959
Property size
2,230 sq ft
Property type
Detached Single
Listed by Keith Kreis with Charles Rutenberg Realty of IL
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
THE PHOTOS ARE NOT VIRTUALLY STAGED- 516 Eldon Place truly looks this beautiful in person. Not your typical ranch, this classic brick home combines beautifully updated interiors, convenient main-level living, approximately 2,230 finished square feet, and approximately 3,100 total square feet across both levels. Set on a generous 75-by-150-foot, east-facing corner lot, the home has been thoughtfully transformed while preserving the solid construction and comfortable room sizes buyers appreciate. The freshly painted main level features beautifully refinished hardwood floors and an inviting living room anchored by a gas fireplace and an impressive wall of windows. The updated kitchen stands out with quartz countertops, two-tone cabinetry, stainless-steel appliances, a smart range and dishwasher, excellent storage, and an easy connection to the dining and living areas. All three bedrooms and two completely remodeled full bathrooms are conveniently located on the main level. A separate family room provides additional flexibility for relaxing, entertaining, or working from home. The full lower level dramatically expands the possibilities with a spacious recreation area, a second fireplace, a wet bar, a dedicated laundry room, a workshop, and abundant storage. There is room to create a media area, home gym, office, game room, or additional gathering space. Outside, enjoy a fully fenced yard, patio, and mature landscaping on an oversized corner lot. Additional features include an attached 2.5-car garage with a Tesla charger and a discreetly installed radon-mitigation system. Located in the Fairmount Elementary, O'Neill Middle, and Downers Grove South High School attendance areas, with convenient access to parks, schools, and the YMCA. Move-in ready and available for a QUICK closing-SEE THIS ONE FIRST!
Location
516 ELDON Place, Downers Grove IL, 60516
- Township
- Downers Grove
- County
- DuPage
- Area
- Downers Grove
Interior
- Bedrooms
- 3
- Full bathrooms
- 2
- Total rooms
- 8
- Living area
- 2,230 sq ft (Estimated)
- Interior features
- 1st Floor Bedroom, 1st Floor Full Bath, Open Floorplan, Separate Dining Room, Workshop, Quartz Counters
- Appliances
- Range, Portable Dishwasher, Refrigerator, Washer, Dryer
- Laundry
- Gas Dryer Hookup, Electric Dryer Hookup
- Flooring
- Hardwood, Wood
- Fireplaces
- 2 (Living Room, Basement)
- Basement
- Partially Finished, Full
- Cooling
- Central Air
- Heating
- Natural Gas
- Electric
- Circuit Breakers
Exterior and lot
Listing details
- MLS number
- 12740868
- Status
- Active Under Contract
- Property type
- Detached Single
- Year built
- 1959
- Town
- Downers Grove
- ZIP
- 60516
- Updated
- Aug 30, 2026
Estimate your payment
Term, years
Your monthly payment will be
$3,845
Principal, interest, and estimated taxes.
Loan $479,200 Down $119,800
- Principal and interest
- $3,172
- Property taxes (2024, per the listing)
- $673
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 22, 2026, 1:55 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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