488 Gray Ave, Elburn, IL, 60119
About This Home
Set on a superior lot with an incredible backyard setting backing up to stocked pond and walking path, gorgeous primary suite renovations, enormous living spaces, a new roof, concrete driveway and new mechanicals & EV Charger, this 5-bedroom, 2.5-bath home offers the space, updates you have been searching for! Rich hardwood floors span the main level, featuring an eat-in kitchen with center island, spacious living room, flexible front room, and convenient mudroom with first-floor laundry and pantry. The finished basement adds versatile space for a playroom, home gym, hobbies, workshop, and storage. Upstairs, the stunning primary suite-redesigned by Hogan Design in 2025-offers a luxurious retreat with a coffered ceiling, custom walk-in closet, and spa-inspired ensuite featuring a soaking tub, oversized walk-in shower, premium cabinetry, and high-end fixtures. Four additional bedrooms, each with its own walk-in closet, provide exceptional space and storage. Major updates include a new roof, gutters, exterior trim, and concrete driveway (2025), HVAC (2024), and tankless water heater (2019). Fresh paint throughout the main level and a recently power-washed exterior make this home feel fresh and move-in ready. The 3-car garage is also equipped with an EV charger for added convenience. Located just minutes from I-88 and the Metra station, with the neighborhood elementary school just a short walk away. Come take a look for yourself-you may have just found the lifestyle you've been waiting for!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Double Oven,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Disposal,Range Hood,Water Softener Owned,Gas Cooktop,Humidifier,Gas Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Finished,Rec/Family Area,Storage Space,Full
Bedroom2
- Features: Flooring (Carpet)
- Level: Second
- Area: 192
- Dimensions: 12X16
Bedroom3
- Features: Flooring (Carpet)
- Level: Second
- Area: 143
- Dimensions: 13X11
Bedroom4
- Features: Flooring (Carpet)
- Level: Second
- Area: 144
- Dimensions: 12X12
Bedroom5
- Features: Flooring (Carpet)
- Level: Second
- Area: 180
- Dimensions: 15X12
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 108
- Dimensions: 12X9
Eating Area
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 204
- Dimensions: 17X12
Family Room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 399
- Dimensions: 19X21
Features
- Walk-In Closet(s),Granite Counters,Separate Dining Room,Pantry
- Flooring: Hardwood
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 3,361
- Total interior livable area: 3,361 sqft
Kitchen
- Features: Kitchen (Eating Area-Table Space,Island,Granite Counters,Pantry),Flooring (Ceramic Tile)
- Level: Main
- Area: 120
- Dimensions: 12X10
Living Room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 132
- Dimensions: 12X11
Master Bedroom
- Features: Flooring (Luxury Vinyl),Bathroom (Full,Double Sink,Tub & Separate Shwr)
- Level: Second
- Area: 289
- Dimensions: 17X17
Other
- Level: Basement
- Area: 399
- Dimensions: 19X21
Play Room
- Level: Basement
- Area: 285
- Dimensions: 19X15
Property
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 1108126009
- Special condition: Standard
- Other equipment: Water-Softener Owned,TV-Dish,Ceiling Fan(s),Sump Pump
Features
- Stories: 2
- Patio & porch: Patio
- Fencing: Fenced
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Pond
Lot
- Lot size: 9,147 sqft
- Features: Mature Trees
- Lot size dimensions: 65X120X92X120
Parking
- Total spaces: 3
- Parking features: Concrete,Garage Door Opener,Electric Vehicle Charging Station(s),Yes,Attached,Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- 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
- Tornado
- Inland Flooding
- Heat Wave
- Lightning
- Strong Wind
- 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 | $2,781 | $33,372 |
| Home Insurance * | $230 | $2,760 |
| Property Taxes | $999 | $11,988 |
| Electricity | $258 | $3,102 |
| Total | $4,268 | $51,216 |
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 |
|---|---|---|
| 2014-09-29 | Sold | $260,000 |
| 2014-08-28 | Pending sale | $275,000 |
| 2014-08-12 | Price change | $275,000 |
| 2014-06-20 | Listed for sale | $289,900 |
| 2012-03-20 | Sold | $185,000 |
| 2011-12-04 | Price change | $194,900 |
| 2011-10-19 | Listed for sale | $210,000 |
| 2011-05-10 | Listing removed | $225,000 |
| 2011-01-09 | Price change | $225,000 |
| 2010-08-22 | Price change | $239,900 |
| 2010-07-10 | Price change | $279,900 |
| 2010-06-01 | Price change | $299,900 |
| 2008-04-23 | Listed for sale | $359,900 |
| 2006-11-22 | Sold | $324,500 |
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