Downers Grove · DuPage County · IL
Homes for sale in
Talon Preserve.
- Active listings
- 5
- Median list
- $1.59M
- Avg time on market
- 65 days
- Sold · last year
- 1
Active listings
5 homes on the market
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About the community
New construction at scale in a village where almost nothing is new.
Talon Preserve is a 35 home single-family community on roughly 18.5 acres at the north edge of Downers Grove, on the north side of 39th Street between Cumnor Road and Williams Street. M/I Homes petitioned the parcel into the village and the Downers Grove Village Council approved the annexation, the R-3 planned unit development, and the final plat in September 2025. The site sat open for decades because it was a radio transmitter farm, with broadcast towers standing from 1932 until they came down in June 2025. What replaced them is one new street, Pierce Drive, wrapped in native prairie and wetland planting, with every home carrying a full basement and a three-car garage.
At a glance
35 homes on one new street
A single interior road, Pierce Drive, connecting 39th Street and Williams Street. All detached, no attached product.
Large M/I Classic Series plans
Four plans, the Hudson, Lyndale, Stockwell, and Sutcliff, running roughly 3,145 to 4,064 sq ft with 4 to 5 bedrooms.
Full basement, three-car garage
Both are standard on every plan rather than an upgrade, which is unusual at this size.
Six acres of native planting
Three outlots, two of them naturalized stormwater basins seeded with wet meadow, prairie, and wetland mixes, plus a landscape buffer.
Ten-foot shared-use path
Along the north side of 39th Street, continuing north on Pierce Drive and through the open space.
Former broadcast tower site
Three radio towers stood here from 1932 until their demolition in June 2025, which is why this parcel stayed open.
District 58 and District 99
Downers Grove Grade School District 58 and Community High School District 99. Confirm the assigned buildings by address.
Hospital close by
Advocate Good Samaritan Hospital and its medical campus sit on Highland Avenue, a few minutes south.
What’s close
Talon Preserve sits at the northern edge of Downers Grove, closer to Oak Brook than to Main Street, with quick access to both tollways.
- Schools
- Downers Grove Grade School District 58 for elementary and middle grades, Community High School District 99 for high school. M/I lists Highland Elementary, Herrick Middle, and Downers Grove North. Verify by address with the districts.
- Highway
- Near the I-88 and I-355 interchange, with Route 83, Butterfield Road, and Ogden Avenue all close.
- Train
- Metra BNSF to Union Station. The Main Street station is roughly 2.7 miles away, with Fairview Avenue and Belmont also in the village.
- Shopping
- Downtown Downers Grove is a short drive, Oakbrook Center is about five miles, and Ogden Avenue carries the everyday retail.
- Groceries
- Aldi on Ogden Avenue and Trader Joe's at Downers Plaza are the closest everyday stops.
- Hospital
- Advocate Good Samaritan Hospital, 3815 Highland Avenue, with a large medical office campus around it.
What it’s actually like to live here
Talon Preserve answers a question Downers Grove buyers have been asking for two decades: where do you get a genuinely new house, at scale, in a village where nearly everything worth buying was built between 1920 and 1990. For years the only route to new here was buying a tired house on a good lot and tearing it down. This parcel stayed empty for a reason that has nothing to do with desirability, since it carried broadcast towers from 1932 until they were demolished on a June morning in 2025. What went up in their place is thirty-five detached homes on lots larger than the Downers Grove norm, with the builder's biggest plans and a full basement and three-car garage on every one.
The daily rhythm is suburban and practical rather than village-walkable. You are at the north edge of town, so Advocate Good Samaritan and its medical campus are minutes away, Aldi and Trader Joe's are a very short hop, and Oakbrook Center is a quick drive. Downtown Downers Grove, with its restaurants, farmers market, and heavy calendar of community events, is a drive rather than a stroll. Families lean on the Park District rather than on association amenities, and there is a good supply of it, from the shaded park at Highland and 39th to Doerhoefer Park's lighted turf and courts.
The honest tradeoffs are worth naming. There is no clubhouse, no pool, and no gate. The association exists to maintain three stormwater basins, a landscape buffer, and the common landscaping, and the Village layered a dormant Special Service Area on top as insurance in case it ever stops doing that. Neighbors raised real concerns at the hearings about drainage and construction traffic, and the approved plan answers with three engineered basins and a requirement that detention be fully functional before the first building permit is issued. Even so, this is an active construction site with a four-year completion window, so early buyers should expect trucks, dust, and unfinished lots next door for a while. Resale comparables will also be thin for the first several years, because there are only thirty-five homes in the whole community.
The questions buyers actually ask
Talon Preserve FAQ
The questions I get most from buyers shopping Talon Preserve. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- A mandatory homeowners association maintains the three common outlots, the naturalized stormwater detention basins and their inlet and outlet structures, the connecting storm sewers, and the associated landscaping, swales, and retaining walls. There is no clubhouse or pool to fund. M/I Homes published an assessment of $150 per month during initial sales, but that is a builder-stated figure for an association still under builder control, so ask for the recorded declaration and the current budget before writing an offer. The Village also created Special Service Area 14 as a dormant backstop: it can levy only if the association stops maintaining the common areas and the Village has to step in.
- When was Talon Preserve built?
- M/I Homes built the community between 2025 and 2026. There are 35+ homes total.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Is Talon Preserve single-family homes or townhomes?
- All single-family detached. Thirty-five two-story homes on individual lots, every one with a full basement and a three-car garage. There is no attached, duplex, or rowhome product in the plan the Village approved.
- Who is the builder and what floor plans are offered?
- M/I Homes of Chicago. Four plans from the builder's Classic Series, the Hudson, Lyndale, Stockwell, and Sutcliff, running roughly 3,145 to 4,064 square feet with 4 to 5 bedrooms and 3.5 or more baths. Every plan offers a morning room or family room extension, and the annexation agreement includes an anti-monotony rule so a home cannot repeat the same model and elevation as an adjacent one.
- What does the HOA cover, and what is Special Service Area 14?
- The association maintains the three common outlots, the naturalized detention basins and their storm structures, and the associated landscaping. There is no clubhouse or pool. M/I published $150 per month during initial sales, though that figure can be reset once the association transitions to homeowner control, so get the recorded declaration and current budget first. Special Service Area 14 is a dormant backstop the Village created for this subdivision: it authorizes a levy only if the association fails to maintain the common areas and stormwater facilities and the Village has to take that work over. As long as the HOA functions normally, it levies nothing.
- What schools serve Talon Preserve?
- Downers Grove Grade School District 58 for elementary and middle grades and Community High School District 99 for high school. M/I Homes lists Highland Elementary, Herrick Middle School, and Downers Grove North High School. Because the parcel was only annexed in September 2025 and Pierce Drive is a brand-new street, verify your specific address on the District 58 boundary map and confirm with District 99 before relying on it.
- What do homes cost here and how is the market moving?
- Talon Preserve sits at the upper tier of the Downers Grove market, and because it is a brand-new community of only thirty-five homes, availability shifts constantly between builder inventory and the first resales. Rather than quote a number that goes stale, check the live Market snapshot on this page, which pulls current activity straight from the MLS. For builder base pricing and current incentives, ask a Subdiview agent to pull them for you.
- How long will construction last, and what should early buyers expect?
- Land development began in fall 2025, and the annexation agreement gives the builder up to four years from the mass grading permit to finish the public improvements, with detention, sewers, water main, and binder-course pavement due earlier and final asphalt, sidewalks, parkway trees, and the shared-use path at the end. Sidewalks go in lot by lot, so expect gaps until neighboring lots build out. On the other hand, the detention basins have to be fully functional before the first home permit is issued, which is a stronger protection than most buyers realize.
- Who is the real estate agent for Talon Preserve?
- Joe Keegan is the local licensed Illinois real estate broker who covers Talon Preserve in Downers Grove, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Talon Preserve specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Talon Preserve
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Downers Grove specialist
- Honest local market take
- Brokerocity
Market snapshot
Talon Preserve, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$1,588,060
Typical sale price · last 90 days
$1,348,255
Homes for sale right now
5
Avg time on market
65 days
Sold in the last year
1
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 15, 2025 through August 15, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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