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5221 Fairmount Ave

Downers Grove, IL 60515

3 bd 1 ba 1,080 sqft Built 1954 Lot 8,111 sqft single_family
Most recent sale
$382,500
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $382,500 MLS #11455923
Jul 13, 2022 Listed $368,000 MLS #11455923
Jun 29, 2015 Sold $308,000 MLS #08911182
May 4, 2015 Listed $310,000 MLS #08911182
Apr 26, 1991 Sold $118,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $72,817 $62,918 $135,735 $6,854
2022 $63,380 $54,770 $118,150 $6,306
2021 $62,660 $54,150 $116,810 $5,898
2020 $61,420 $53,080 $114,500 $5,782
2019 $58,930 $50,930 $109,860 $5,527
2018 $48,860 $50,630 $99,490 $5,000
2017 $40,890 $48,720 $89,610 $4,481
2016 $32,300 $46,510 $78,810 $3,981
2015 $29,700 $43,760 $73,460 $4,219
2014 $30,080 $38,680 $68,760 $4,046
2013 $29,940 $38,500 $68,440 $3,963
2012 $31,290 $40,230 $71,520 $3,848
2011 $33,320 $42,840 $76,160 $3,796
2010 $55,160 $45,750 $100,910 $4,756
2009 $58,550 $48,560 $107,110 $4,697
2008 $58,550 $48,560 $107,110 $4,534
2007 $55,290 $45,850 $101,140 $4,353
2006 $50,150 $41,590 $91,740 $4,011

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,080 sqft
Lot size
8,111 sqft
ZIP code
60515
City
Downers Grove
Street
Fairmount Ave
Coordinates
41.79241, -88.00163

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,944
Gross rental yield
6.10%
Implied cap rate
3.96%
Trend-extrapolated value

Frequently asked questions

When did 5221 Fairmount Ave last sell?
5221 Fairmount Ave most recently sold on Jul 29, 2022 for $382,500.
What is the current tax assessment for 5221 Fairmount Ave?
The most recent total assessment for 5221 Fairmount Ave (year 2024) is $135,735 with $6,854 in property tax.
How does 5221 Fairmount Ave's assessment compare to its last sale price?
The current assessment is 64.5% below the last sale price of $382,500.
When was 5221 Fairmount Ave built?
5221 Fairmount Ave was built in 1954.
How does 5221 Fairmount Ave compare to others on Fairmount Ave?
We track 8 other properties on Fairmount Ave. Browse the list under "Other properties on Fairmount Ave" to compare beds, baths, and sale history.
What are the property facts for 5221 Fairmount Ave?
5221 Fairmount Ave is a 3 bed, 1 bath, 1,080 sqft, 8,111 sqft lot single_family.
Is 5221 Fairmount Ave a flip candidate?
No — 5221 Fairmount Ave does not appear in our flips dataset.
Is 5221 Fairmount Ave a tax-appeal candidate?
No — 5221 Fairmount Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$634.5K
2026 Q4
$636.6K
ZIP 60515 — Median Price History + Forecast

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