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5714 Fairmount Ave

Downers Grove, IL 60516

4 bd 2 ba 2,392 sqft Built 1909 Lot 39,204 sqft single_family
Most recent sale
$605,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $605,000 MLS #11314705
Feb 9, 2022 Listed $640,000 MLS #11314705

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $99,109 $118,886 $217,995 $12,022
2022 $85,860 $103,000 $188,860 $10,467
2021 $84,880 $101,830 $186,710 $9,795
2020 $83,200 $99,810 $183,010 $9,610
2019 $79,830 $95,770 $175,600 $9,296
2018 $58,750 $121,340 $180,090 $9,664
2017 $56,530 $116,760 $173,290 $9,350
2016 $53,950 $111,430 $165,380 $9,156
2015 $50,760 $104,840 $155,600 $9,044
2014 $53,640 $101,930 $155,570 $9,319
2013 $53,390 $101,450 $154,840 $9,128
2012 $55,790 $106,020 $161,810 $8,916
2011 $59,410 $112,910 $172,320 $8,782
2010 $60,760 $112,010 $172,770 $8,157
2009 $64,490 $118,890 $183,380 $8,054
2008 $64,490 $118,890 $183,380 $7,758
2007 $60,200 $112,270 $172,470 $7,425
2006 $54,630 $101,870 $156,500 $6,845

Property facts

Year built
1909
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,392 sqft
Lot size
39,204 sqft
ZIP code
60516
City
Downers Grove
Street
Fairmount Ave
Coordinates
41.78346, -88.00222

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,306
Gross rental yield
8.54%
Implied cap rate
5.55%
Trend-extrapolated value

Frequently asked questions

When did 5714 Fairmount Ave last sell?
5714 Fairmount Ave most recently sold on Apr 29, 2022 for $605,000.
What is the current tax assessment for 5714 Fairmount Ave?
The most recent total assessment for 5714 Fairmount Ave (year 2024) is $217,995 with $12,022 in property tax.
How does 5714 Fairmount Ave's assessment compare to its last sale price?
The current assessment is 64.0% below the last sale price of $605,000.
When was 5714 Fairmount Ave built?
5714 Fairmount Ave was built in 1909.
How does 5714 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 5714 Fairmount Ave?
5714 Fairmount Ave is a 4 bed, 2 bath, 2,392 sqft, 39,204 sqft lot single_family.
Is 5714 Fairmount Ave a flip candidate?
No — 5714 Fairmount Ave does not appear in our flips dataset.
Is 5714 Fairmount Ave a tax-appeal candidate?
No — 5714 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
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$489.6K
2026 Q4
$489.6K
ZIP 60516 — Median Price History + Forecast

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