$599,000
Downers Grove, IL 60516
SHOWSTOPPING BRICK RANCH IN DOWNERS GROVE! Prepare to be impressed-516 Eldon Place shows like a professionally staged model and feels as though it belongs in the pages of a luxury design magazine. Set on a generous 75-by-150-foot, east-facing corner lot in one of Downers Grove's beautiful, established neighborhoods, this sprawling brick ranch offers approximately 3,100 square feet of total finished space between the main level and full finished lower level. Freshly painted throughout in a sophisticated, modern color palette, the home feels polished, elegant, and completely move-in ready. The old carpeting has been removed to reveal the original hardwood floors, which have been beautifully refinished and bring warmth and character to the main living areas. Both main-level bathrooms have been completely gutted and remodeled with stylish contemporary finishes. The spacious living room makes an unforgettable impression with its gas fireplace and walls of windows that fill the room with natural light. The kitchen provides abundant cabinetry and flows seamlessly into the formal dining room, creating an inviting setting for entertaining. A separate family room offers another comfortable space for relaxing and everyday living. All three bedrooms and both full bathrooms are conveniently located on the main level. The enormous finished lower level dramatically expands the home's possibilities. Designed for entertaining, it features a wood-burning fireplace, wet bar, expansive recreation area, separate workroom, dedicated laundry room, and exceptional storage. There is ample space for a home theater, game room, fitness area, home office, or additional gathering space. Outside, enjoy the large, fully fenced yard-perfect for summer barbecues, outdoor entertaining, pets, and privacy. The attached 21/2-car garage is equipped with a Tesla charger, adding a valuable modern convenience. Located in the sought-after Fairmount Elementary and O'Neill Middle School attendance area and conveniently close to parks, schools, and the YMCA, this remarkable property combines classic brick-ranch construction with beautifully updated interiors, extraordinary finished space, and an outstanding Downers Grove location. This home can accommodate a quick closing-schedule your private showing before it is gone!
Estimated monthly cost for this home
$3,902/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.58%, 2026-07-23). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Jul 29, 2026 | $599,000 |
| 2024 property taxes | $8,081/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.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Fairmount Elementary School
58
Middle
O Neill Middle School
58
High school
Downers Grove South High School99
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Charles Rutenberg Realty of IL, listed by Keith Kreis.
Information last updated Jul 30, 2026, 12:11 AM.
516 ELDON Place
Downers Grove, IL 60516

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.