316 W 5th Ave, Naperville, IL, 60563
About This Home
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!
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1947
Materials
- Foundation: Block
- Roof: Asphalt
- Construction materials: Other
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer
- Laundry features: Gas Dryer Hookup
Basement
- Has basement: Yes
- Basement: Unfinished,Full
Bedroom2
- Features: Flooring (Hardwood)
- Level: Second
- Area: 135
- Dimensions: 9X15
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,075
- Total interior livable area: 1,688 sqft
Kitchen
- Features: Kitchen (Eating Area-Table Space),Flooring (Hardwood)
- Level: Main
- Area: 156
- Dimensions: 12X13
Living Room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 228
- Dimensions: 12X19
Master Bedroom
- Features: Flooring (Hardwood)
- Level: Second
- Area: 156
- Dimensions: 12X13
Other
- Features: Flooring (Hardwood)
- Level: Main
- Area: 162
- Dimensions: 9X18
Property
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 0713213001
- Special condition: None
Features
- Stories: 2
Lot
- Lot size: 10,018 sqft
- Features: Wooded,Mature Trees,Backs to Trees/Woods
- Lot size dimensions: 52x160x62x161
Parking
- Total spaces: 2
- Parking features: Asphalt,Garage Door Opener,Yes,Garage Owned,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Strong Wind
- Tornado
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,525 | $30,300 |
| Home Insurance * | $159 | $1,908 |
| Property Taxes | $786 | $9,432 |
| Electricity | $130 | $1,569 |
| Total | $3,600 | $43,200 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $479,500 |
| 2026-07-20 | Price change | $499,500 |
| 2026-07-06 | Price change | $589,500 |
| 2026-07-02 | Listed for sale | $549,500 |
| 2024-08-23 | Listing removed | $465,000 |
| 2024-08-17 | Listed for sale | $465,000 |
| 2024-08-16 | Listing removed | -- |
| 2024-08-03 | Price change | $485,000 |
| 2024-07-18 | Price change | $495,000 |
| 2024-06-11 | Price change | $505,000 |
| 2024-05-03 | Price change | $515,000 |
| 2024-02-15 | Listed for sale | $525,000 |
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