5938 Dunham Road

Downers Grove, IL 60516

$269,900
Price
3
Beds
2
Baths
1,186 Sq. Ft.
$228 / Sq. Ft.
1,186
Sq. Ft.
$228
per Sq. Ft.

Description

ATTENTION: Investors, savvy Buyers, or Builders! Check out this rare opportunity! The subject property has two small single-family homes on two separate parcels with two separate PIN #'s (0918401023 & 0918401013) Lot sizes: (52 X 200 & 52 X 69) with a combined lot size of 52 X 269. Each parcel has a small cottage, the front property is a 2 Bedroom/1 Bathroom/Carport, and the back property has a 1 Bedroom/1 Bathroom with a side driveway and separate parking apron. Both homes are currently rented on...ATTENTION: Investors, savvy Buyers, or Builders! Check out this rare opportunity! The subject property has two small single-family homes on two separate parcels with two separate PIN #'s (0918401023 & 0918401013) Lot sizes: (52 X 200 & 52 X 69) with a combined lot size of 52 X 269. Each parcel has a small cottage, the front property is a 2 Bedroom/1 Bathroom/Carport, and the back property has a 1 Bedroom/1 Bathroom with a side driveway and separate parking apron. Both homes are currently rented on month-to-month leases with both tenants wanting to stay in place. Both are long-time tenants and the current rents are $1,100/Front & $675/Back for a combined total income of $21,300/year. The Front parcel is on Lake water & public sewer, the Back parcel is on Lake water and Septic tank at the rear corner of the property. Both properties have storage sheds & common driveway access with convenient parking and turnaround capability/guest parking etc. All exteriors have been updated with the replacement of siding, roofs, windows, and HVAC with a decent amount of life left on all of them. Current Expenses: Lawn Care $1,900; Insurance $1,800; Water & Sewer $1,800; Combined Taxes $6,410; Miscellaneous $1,000 for about $12,900 in expenses. Some great options to consider: 1. Buyer could live in the front house and rent out the back house (keep current tenant) to help pay off a 15-year mortgage in record time. 2. An Investor could rent out both homes and collect over $20,000+ in yearly income and write off most of the yearly expenses. 3. A Builder could build on the Front parcel (no basement per Village of DG FEMA MAP) and possibly keep the Back parcel as a cottage or expand it and go up to create a generational living situation on the property. This unique opportunity offers many investment options to fit your needs. Enjoy living in the heart of DG with a walk to top-rated DG Schools and in a lovely area of higher-end homes. NOTE: We do not wish to disturb the current tenants - DO NOT WALK THE PROPERTY WITHOUT AN APPOINTMENT! We will schedule times to gain access to the properties ONLY for serious interested parties. If there are too many interested, we will schedule a specific day & time segment to accommodate showing to All. Ideally, both Tenants would like to remain in place but can vacate upon the sale of the property within a reasonable timeframe for closing. Builders, please contact Mario Dovalina at DG Building & Planning Dept regarding any FEMA regulations. No Keybox, appointment only. We will need a minimum of 48-hour notice for scheduling-Afternoons are preferred.
  1. Listed by Jon Svitak • Platinum Partners Realtors
  2. Listed by Jane Svitak • Platinum Partners Realtors

Property Details for 5938 Dunham Road

Area
Downers Grove
Township
Downers Grove
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Electric, Forced Air, Baseboard
Architectural Style
Cottage

Location

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LISTING UPDATED: 04/19/2024 10:08 AM

Property Details for 5938 Dunham Road

StatusContingent
MLS #12017718
Days on Market7
Taxes$6,410 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 1 Story
Year Built1923
Lot Size0.32 AC / 13,988 SF
CountyDuPage County

Location

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Building Information for 5938 Dunham Road

Stories-Year Built1923Building Size-Lot Size0.32 AC / 13,988 SF

Payment Calculator

$2,007 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,473

Property Taxes

$534

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5938 Dunham Road

General Information
School Information
  • Elementary School District: 58
  • Elementary School: Hillcrest Elementary School
  • Jr High Middle School: O Neill Middle School
  • High School District: 99
  • High School: South High School
  • Middle Or Junior School District: 58
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street, Side Apron
  • Parking On Site: true
  • Open Parking Spaces: 4.0
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath
  • Num Of Rooms: 8
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 3
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Basement Description: None
  • Dining Room: Combined w/ LivRm
  • Basement Bathrooms: No
  • Room Type: Den, Kitchen
  • Num of Baths: 2.0
Exterior Features
  • Type: 1 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Refrigerator, Washer, Dryer
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2007
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Type Detached: 1 Story
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Description: Sidewalks
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 52 X 269
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Driveway: Asphalt
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt
  • General Information: Commuter Bus,Flood Zone (Partial)
  • Living Area Source: Assessor
  • Lot Size Source: County Records
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2024-04-12T20:47:45
  • Photos Count: 11
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 10X8
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 10X8
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 11X8
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 8X9
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 15X8
Laundry Information
  • Laundry Level: Lower
  • Room Type: Laundry
  • Laundry Dimensions: 7X7
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 13X10
Kitchen- 2nd Information
  • Room Level: Main
  • Room Type: Kitchen- 2nd
  • Deck Dimensions: 10X9
Den Information
  • Room Level: Main
  • Room Type: Den
  • Deck Dimensions: 15X9

Property History for 5938 Dunham Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5938 Dunham Road

Taxable ValueLand$1,870Additions$24,700Total$26,570
Tax Record2022$1,553 ($129 / month)
Home Facts
Beds2Baths1Total Finished SqFt450 SqFtAbove Grade Finished SqFt450 SqFtStories1Lot Size3,485 SqFtStyleSingle Family ResidenceYear Built1924ZoningRCountyDUPAGEAPN09-18-401-013

Schools near 5938 Dunham Road

This home is within Downers Grove Gsd 58 School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Hillcrest Elementary School
PublicK to 6

O Neill Middle School
Public7 to 8

Downers Grove South High School
Public9 to 12

Downers Grove Adventist School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Platinum Partners Realtors

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.