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$699,900 -$10,100 (-1.42%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,224 Sq. Ft.
  • 2 Car Garage
  • Updated 20 hours ago
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This beautiful home is located in an amazing area, just one block from Downtown Downers Grove and steps from Patriot Park. The freshly remodeled house features a brand-new open-concept kitchen with a large island, new appliances, hardwood floors, and new windows that fill the space with natural light. The home offers 4 spacious bedrooms and 3 full bathrooms, providing comfort and functionality for modern living. A perfect combination of prime location, style, and convenience.

Full Property Details for 5504 Lyman Ave

General

  • Price: $699,900
  • Taxes: $5,320 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12554397
  • Updated: 3/16/2026
  • Added to Site: 50 day(s) ago

Rental Information

  • Complex Features: Park, Pool, Tennis Court(s), Lake, Sidewalks, Street Lights

Interior

  • Basement: Unfinished
  • Interior Features: Walk-In Closet(s), Open Floorplan
  • Appliances: Humidifier
  • Flooring: Hardwood, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Cable TV, Carbon Monoxide Detectors, Ceiling Fan(s), Whole-House Fan, Sump Pump
  • Other Features: School Bus Service, Commuter Bus, Commuter Train

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Asphalt, Side Driveway, Yes, Garage Owned, Attached, Garage

Location

  • Area: Downers Grove
  • County: DuPage
  • Township: Downers Grove
  • Driving Directions: 55th Street to Lyman Ave then South on Lyman Ave

School Information

  • School District: 58
  • Elem School District: 58
  • Midd School District: 58
  • High School District: 99
  • Elementary School: Fairmount Elementary School
  • Middle School: O Neill Middle School
  • High School: South High School
  • Private School: South High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Aluminum Siding, Stucco
  • Exterior Const.: Aluminum Siding, Stucco
  • Basement: Yes
  • Basement Desc.: Unfinished, Concrete, Storage Space, Partial
  • Windows: Insulated Windows, Double Pane Windows, Screens
  • Doors: ENERGY STAR Qualified Doors, Storm Door(s), 36" Minimum Entry Door, 32" Min. Interior Door(s), Lever Style Door Handles
  • Sub-Flooring: Hardwood, Wood
  • Square Feet: 2,224
  • Sq. Ft. Source: Landlord/Tenant/Seller
  • Year Built: 1958
  • Built Before 1978: Yes
  • Remodeled/Updated: 2026

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 183
  • Fence: Yes
  • Lot Features: Landscaped, Mature Trees, Backs to Trees/Woods, Garden, Level
  • Fencing (Description): Partial

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1958
  • Tax Amount: $5,320
  • Tax Year: 2024
  • Pays Sewer: Public Sewer, Storm Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 917104017

Listed by Exchange Brokers

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— 5504 Lyman Ave —

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NMLS#: 1598647

Get Pre-Approved

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5504 Lyman Ave

School Districts:Downers Grove Grade School District 58, Community High School District 99
NameGradesDistance
Fairmount Elementary School
6036 Blodgett Avenue, Downers Grove, IL 60516
K-60.7 mi
O Neill Middle School
635 59th Street, Downers Grove, IL 60516
7-80.6 mi
Community H S Dist 99 - South High School
1436 Norfolk Street, Downers Grove, IL 60516
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5504 Lyman Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/10/2026
Price Reduced
$699,900
-1.42%
MLS
1/26/2026
Listed
$710,000
77.5%
MLS
5/12/2025
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5504 Lyman Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,320
8%
$108,921
15%
2022
$4,905
7%
$94,350
1%
2021
$4,587
2%
$93,280
2%
2020
$4,493
4%
$91,430
4%
2019
$4,333
-14%
$87,730
-11%
2018
$5,036
4%
$99,110
4%
2017
$4,861
2%
$95,370
5%
2016
$4,746
2%
$91,020
6%
2015
$4,668
3%
$85,630
5%
2014
$4,525
2%
$81,190
—
2013
$4,430
1%
$80,810
-4%
2012
$4,372
—
$84,450
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5504 Lyman Avenue, Downers Grove, IL 60516 (MLS# 12554397) is a Single Family property with 4 bedrooms and 3 full bathrooms. 5504 Lyman Avenue is currently listed for $699,900 and was received on January 26, 2026. Want to learn more about 5504 Lyman Avenue? Do you have questions about finding other Single Family real estate for sale in Downers Grove? You can browse all Downers Grove real estate or contact a Coldwell Banker agent to request more information.

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