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5317 Washington St
Score
69
Downers Grove, IL

5317 Washington St

525K
4 bd • 2 ba • 1,984 sf

This analysis was generated on 3/18/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$525,000

Price/Sq.Ft

$265

Year Built

1888

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Price Position: At $264.62/sqft, the property is slightly above the median price per square foot of $262 for the 60515 zip code. • Appreciation Trend: Homes in 60515 have sold for 5.2% more than they did a year ago, indicating strong appreciation. • Rental Income: $2,900/month with 90% occupancy (4.2% cap rate) • Schools: Proximity to Metra and downtown shops/restaurants adds an estimated 5-7% premium. School ratings have a neutral impact on value, as they are average for the district. • Future Development: No specific large-scale developments are mentioned, but the proximity to downtown Downers Grove suggests ongoing small-scale commercial and residential improvements.

The Bad

• Exterior Paint and Trim Repair (HIGH priority): $15,000 • Yard Cleanup and Landscaping (MEDIUM priority): $5,000 • Interior Decluttering and Cleaning (HIGH priority): $20,000 • Bathroom Renovations (2) (MEDIUM priority): $10,000 • Kitchen Renovation (MEDIUM priority): $12,000 • Seller's market conditions may lead to overpaying if not carefully compared to comps. • Older home (built in 1888) may require significant updates and repairs, impacting ROI. • Moderate air quality and heat risks could affect long-term comfort and property value. • Natural light is limited due to overgrown landscaping and smaller windows. Interior clutter further obstructs light penetration.

The Ugly

No critical issues identified
Peeling Paint and Weathered Wood

Peeling Paint and Weathered Wood

Exterior paint is peeling and weathered, indicating potential water damage and wood rot.

Overgrown Yard

Overgrown Yard

The yard is overgrown and unkempt, suggesting potential drainage issues and pest problems.

Garage Door Condition

Garage Door Condition

The garage doors appear to be in disrepair with peeling paint and possible structural issues.

Interior Clutter

Interior Clutter

The interior is heavily cluttered, making it difficult to assess the condition of the walls, floors, and ceilings. This could be hiding potential issues such as water damage, mold, or structural problems.

Outdated Bathrooms

Outdated Bathrooms

The bathrooms feature outdated fixtures and finishes, including wood paneling and older tile, suggesting the need for a complete renovation.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $34,800 with 90% occupancy rate Value Investors: Projected 15.2% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $62,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$107,554

Property History

Price History
Ownership Timeline

Property Taxes

$8,629
2023 Tax Assessment
3.6%from previous year
Assessed Value$163,160
Tax Rate5.29%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

10.0/10
Excellent

Middle

5.0/10
Average

High

8.0/10
Excellent

Financials

Monthly Costs
Market Rent (4 bed)

$1,300

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$525,000
Price/sqft
$265
Layout
4 bd2 ba
Days on market
5 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$518,900

1.2%

Your price is 1.2% above average

Median Price

$532,500

1.4%

Based on 6 recent sales

Price per Sq.Ft

$269

1.6%

Your price is 1.6% below average $/sqft

Comparable Properties

4714 Highland Avenue, Downers Grove, IL 60515
Price: $550,000
Sq.Ft: 1,614
Beds/Baths: 3/2
$/Sq.Ft:
$34128.8%
Sale Date: 2/28/2025
5409 Lane Place, Downers Grove, IL 60515
Price: $468,000
Sq.Ft: 1,700
Beds/Baths: 3/2
$/Sq.Ft:
$2754.0%
Sale Date: 1/30/2025
5552 Webster Street, Downers Grove, IL 60516
Price: $532,500
Sq.Ft: 2,240
Beds/Baths: 3/2
$/Sq.Ft:
$23810.2%
Sale Date: 1/23/2025
5324 Cumnor Road, Downers Grove, IL 60515
Price: $441,000
Sq.Ft: 2,338
Beds/Baths: 4/2
$/Sq.Ft:
$18928.7%
Sale Date: 1/16/2025
4819 Prince Street, Downers Grove, IL 60515
Price: $649,900
Sq.Ft: 1,740
Beds/Baths: 4/2
$/Sq.Ft:
$37441.1%
Sale Date: 10/9/2024
5604 CARPENTER Street, Downers Grove, IL 60516
Price: $472,000
Sq.Ft: 2,355
Beds/Baths: 3/2
$/Sq.Ft:
$20024.3%
Sale Date: 9/20/2024

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