Active124 days on market
$500,000
$525,000 · just reduced
22W537 Cherry Lane
Glen Ellyn, IL 60137
- Beds
- 3
- Baths
- 1 full
- Sqft
- 1,339
- $/sqft
- $373
- Built
- 1953
- Type
- Single Family
- MLS#
- MRD12623855
About this home
Opportunity awaits at 22W537 Cherry Lane in highly sought-after unincorporated Glen Ellyn! Nestled among luxury homes and surrounded by upscale new construction, this property offers incredible potential for builders, investors, or buyers looking to create their dream home. Situated on a prime piece of land, the true value is in the lot-perfect for a teardown or full-scale renovation. The location speaks for itself, with high-end homes next door and within walking distance, making this an ideal setting for a custom build that will fit right into the surrounding neighborhood. The existing home features city water, solar panels, and a Tesla charging station already in place-valuable additions for future development or renovation.
Payment calculator
Estimated monthly cost for this home
20% · $100K
%
Term
$3,191/mo
- Principal & interest
- $2,571
- Property taxes
- $475
- Home insurance (est.)
- $146
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.66%, 2026-08-27). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
Price & tax history
| Current price | $500,000▼ $25,000 from original |
| Listed May 1, 2026 | $525,000 |
| 2024 property taxes | $5,701/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Where it sits
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Berkshire Hathaway HomeServices Starck Real Estate, listed by Eula Latrice Boyce.
Information last updated Jun 19, 2026, 2:20 PM.
22W537 Cherry Lane
Glen Ellyn, IL 60137
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Call 224-385-8779Property details
Sourced from the MRED MLS feed. Last updated when the listing was modified.
- Cooling
- Central Air
- Heating
- Natural Gas
- Basement
- None
- Rooms total
- 6
- Fireplaces total
- 1
- Fireplace features
- Gas Starter