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$589,500
Property Description
Rare opportunity to build your dream home on one of North Naperville's most desirable lots! Nestled on a quiet, tree-lined dead-end street, this exceptional property offers a setting that's hard to duplicate. The front of the home overlooks a beautiful park surrounded by mature trees, while the expansive backyard provides outstanding privacy with a canopy of mature landscaping-creating the perfect backdrop for a custom luxury home. The existing home features 2 bedrooms, 1 bath, hardwood floors, a full unfinished basement, and a detached 2-car garage with 220-amp electrical service. Recent improvements include newly refinished hardwood floors, fresh interior paint, new ceiling fans, roof (2018), refrigerator (2020), dishwasher (2018), oven (2014), microwave (2014), A/C coil (1997), and garage door opener (2015). Windows and driveway are original. The true value is in this premium oversized lot and its unbeatable location. Walk to Naperville North High School in the acclaimed District 203, the Naperville Metra train station, downtown Naperville, restaurants, shopping, parks, and more. Enjoy convenient access to major highways while living in one of the city's most sought-after North Naperville neighborhoods. Whether you're looking to renovate, rent, or build a spectacular custom home, this is a one-of-a-kind opportunity in a location that rarely becomes available. Bring your builder, bring your vision, and create the home you've always dreamed of!
Full Property Details
Full Property Details for 316 W 5th Ave
General
- Price: $589,500
- Taxes: $7,904 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12694499
- Updated: 7/8/2026
- Added to Site: 8 day(s) ago
Rental Information
- Complex Features: Park, Sidewalks, Street Lights
Interior
- Basement: Unfinished
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Naperville
- County: DuPage
- Township: Naperville
- Driving Directions: Washington to 5th ave west to dead end street, house on left (south side)
School Information
- School District: 203
- Elem School District: 203
- Midd School District: 203
- High School District: 203
- Elementary School: Naper Elementary School
- Middle School: Washington Junior High School
- High School: Naperville North High School
- Private School: Naperville North High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Cottage
- Architectural Style: Cottage
- Construction: Other
- Exterior Const.: Other
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Block
- Roof: Asphalt
- Square Feet: 1,688
- Sq. Ft. Source: Other
- Year Built: 1947
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 52 x 160 x 62 x 161
- Lot Features: Wooded, Mature Trees, Backs to Trees/Woods
Financial Considerations
- Assessment Year: 1947
- Tax Amount: $7,904
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 713213001
Listed by Coldwell Banker Real Estate Group
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Schools
Schools serving 316 W 5th Ave
School District:Naperville Community Unit District 203
| Name | Grades | Distance |
|---|---|---|
Washington Jr High School, Naperville, IL 201 North Washington Street, Naperville, IL 60540 | 6-8 | 0.2 mi |
Naper Elementary School 39 South Eagle Street, Naperville, IL 60540 | K-4 | 0.4 mi |
Naperville North High School 899 North Mill Street, Naperville, IL 60563 | 9-12 | 0.3 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 316 W 5th Ave
Date
Details
Price
Change
Source
7/06/2026
Price Increased
$589,500
7.28%
MLS
7/02/2026
Listed
$549,500
—
MLS
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
Tax History for 316 W 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,904
12%
$128,885
18%
2022
$7,069
4%
$109,400
4%
2021
$6,829
—
$105,500
—
2020
$6,808
4%
$105,500
5%
2019
$6,577
3%
$100,340
3%
2018
$6,362
2%
$97,200
4%
2017
$6,241
2%
$93,910
4%
2016
$6,101
—
$90,120
5%
2015
$6,124
7%
$85,570
11%
2014
$5,707
1%
$77,310
-1%
2013
$5,666
5%
$77,850
-2%
2012
$5,400
—
$79,470
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 316 W 5th Ave
316 W 5th Avenue, Naperville, IL 60563 (MLS# 12694499) is a Single Family property with 2 bedrooms and 1 full bathroom. 316 W 5th Avenue is currently listed for $589,500 and was received on July 02, 2026. Want to learn more about 316 W 5th Avenue? Do you have questions about finding other Single Family real estate for sale in Naperville? You can browse all Naperville real estate or contact a Coldwell Banker agent to request more information.
