488 Gray Ave, Elburn, IL 60119
Property image
Property image
FOR SALE
NEW - 6 HRS AGO

488 Gray Ave
Elburn, IL 60119

  • 5 Beds
  • 2.5 Baths
  • 3,361 sqft

$575,000

Est. Mortgage $4,020/mo*

$575,000

Est. Mortgage $4,020/mo*
5 Beds
2.5 Baths
3,361 sqft

Local Information

  • Map ViewExplore the area around 488 Gray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Welcome to your dream home! This beautifully updated 5-bedroom, 2.5-bath home offers the perfect blend of luxury, space, and an unbeatable location. Backing to the neighborhood walking path and a stocked fishing pond, the fully fenced backyard with a brick patio is the ideal setting for entertaining, relaxing, or enjoying front-row views of the Elburn fireworks each summer! Inside, rich hardwood floors extend throughout the main level, where a thoughtfully designed layout provides generous space for both everyday living and entertaining. The eat-in kitchen features a center island and is conveniently situated adjacent to the spacious living room, creating an easy flow between the main gathering spaces. A welcoming front room, spacious living room, and finished basement offer versatile spaces to gather, relax, or entertain. The basement also provides flexible space for a playroom, home gym, or hobby area, along with abundant storage and a dedicated workshop. Completing the main level is a convenient mudroom with first-floor laundry and pantry space, adding everyday functionality and ease. Head upstairs, the stunning primary suite, redesigned by Hogan Design in 2025, is a true retreat with a coffered ceiling, custom walk-in closet, and a spa-inspired ensuite featuring a soaking tub, oversized walk-in shower, and premium cabinetry and high-end fixtures that create a resort-like experience at home. Each of the four additional bedrooms features its own walk-in closet, providing exceptional storage for everyone. Enjoy peace of mind with major updates including a new roof, gutters, exterior trim, and concrete driveway (2025), HVAC (2024), tankless water heater (2019), freshly painted main level, and a recently power-washed exterior. The 3 car garage is equipped with an EV charger, adding convenience for today's lifestyle. Located just minutes from I-88 and the Metra station, with the neighborhood elementary school just a short walk away, this home offers the perfect combination of convenience, thoughtful updates, and exceptional outdoor living. From the thoughtful updates to the incredible outdoor setting, this home has been lovingly maintained and beautifully upgraded. With generous living spaces, designer finishes, an unbeatable backyard backing to nature, and an ideal location, this is more than just a house-it's the lifestyle you've been waiting for.

Home Highlights

Parking
3 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
$17/Monthly
Price/Sqft
$171
Listed
No Info

Home Details for 488 Gray Ave

Active Status

MLS Status: New

Interior Features

Interior Details
Basement: Finished,Rec/Family Area,Storage Space,FullNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Eating Area, Family Room, Family Room Down, Kitchen, Laundry, Living Room, Play Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3361 Square Feet
Appliances & Utilities
Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood, Water Softener Owned, Gas Cooktop, Humidifier, Gas Water HeaterDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Spa
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability AccessFloors: Hardwood
View
Has a ViewView: Water
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: PatioFencing: FencedOther Structures: Shed(s)Foundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Concrete,Garage Door Opener,Electric Vehicle Charging Station(s),Yes,Attached,Garage
Frontage
Waterfront: PondNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 1108126009

Price & Status

Price
List Price: $575,000Price Per Sqft: $171
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: ElburnCommunity: Blackberry Creek
School Information
Elementary School: Blackberry Creek Elementary SchoElementary School District: 302Jr High / Middle School: Harter Middle SchoolJr High / Middle School District: 302High School: Kaneland High SchoolHigh School District: 302

Agent Information

Listing Agent
Listing ID: 12697301

Building

Building Area
Building Area: 3361 Square Feet

Community

Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved

HOA

HOA Fee Includes: InsuranceHas an HOAHOA Fee: $200/Annually

Lot Information

Lot Area: 9147.6 sqft

Listing Info

Special Conditions: Standard

Business

Business Information
Ownership: Fee Simple w/ HO Assn.

Miscellaneous

BasementMls Number: 12697301Water ViewWater View: Water

Additional Information

ParkLakeCurbsSidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD AVM On IDX Display: NoMRD Address On VOW Display: YesMRD Price History On IDX Display: NoMRD Market Time On IDX Display: NoMRD REMARKSINTERNET: YesSource Internet Address DisplayHide Price History DisplayHide Days On Site DisplayMRD Remarks On VOW Display: Yes
Last check for updates: about 6 hours ago
Listing courtesy of: Aimee Corbett, (630) 417-8853
Coldwell Banker Real Estate Group
Source: MRED as distributed by MLS GRID, MLS#12697301

Market trends in Elburn

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
21
4
MoM

Price History for 488 Gray Ave

DatePriceEventSource
09/29/2014$260,000Sold
MRED as distributed by MLS GRID #08649877
08/28/2014$275,000PendingAgent Provided
08/12/2014$275,000PriceChange
Agent Provided
06/20/2014$289,900Listed For SaleAgent Provided
03/20/2012$185,000Sold
MRED as distributed by MLS GRID #07925983
12/04/2011$194,900PriceChange
Agent Provided
10/19/2011$210,000Listed For SaleAgent Provided
05/10/2011$225,000ListingRemovedAgent Provided
01/09/2011$225,000PriceChange
Agent Provided
08/22/2010$239,900PriceChange
Agent Provided
07/10/2010$279,900PriceChange
Agent Provided
06/01/2010$299,900PriceChange
Agent Provided
04/23/2008$359,900Listed For SaleAgent Provided
11/22/2006$324,500Sold
N/A

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Property Tax and Assessment

Year2024
Tax$10,383
Assessment$386,880
Home facts updated by county records

Comparable Sales for 488 Gray Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Single-Family Home
$432,000
04/06/26
3
2.5
2,320
0.23
Single-Family Home
$472,500
06/15/26
4
2.5
2,500
0.54
Single-Family Home
$374,000
05/29/26
3
2.5
2,600
0.65
Single-Family Home
$512,900
08/12/25
4
2.5
2,595
0.65
Single-Family Home
$465,000
11/21/25
4
3
3,539
0.61
Single-Family Home
$485,000
06/24/26
4
3
3,696
0.71
Single-Family Home
$425,000
04/27/26
5
3.5
2,654
0.56
Single-Family Home
$545,000
03/19/26
3
2.5
2,209
0.46
Single-Family Home
$525,000
04/15/26
3
2
1,804
0.55
Single-Family Home
$483,000
07/11/25
3
2.5
2,249

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 488 Gray Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Elburn

At least 49 Trulia users voted on each feature.
  • 92 % Say car is needed

  • 92 % Say it's dog friendly

  • 92 % Say yards are well-kept

  • 90 % Say parking is easy

  • 88 % Say there's holiday spirit

  • 87 % Say people would walk alone at night

  • 87 % Say kids play outside

  • 82 % Say there are sidewalks

  • 74 % Say there's wildlife

  • 74 % Say it's quiet

  • 70 % Say streets are well-lit

  • 66 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say it's walkable to restaurants

  • 45 % Say it's walkable to grocery stores

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Romapgu7
    "Dog owners are welcome to walk their dogs everywhere however Some dog owners don’t pick up their dogs fesses which is so disgusting "
  • Chuck Schmidt
    "I’ve lived in Elburn for over 30 years and although it’s growing it’s never lost its rural charm. Nice people, well maintained downtown area."
  • Amy B.
    "Elburn has fun holiday events such as the Christmas Stroll in the winter and Elburn Days in the summer. Overall it is a safe place to live with friendly people. "
  • Ddandjd
    "Many local events run by Lions club, American Legion and numerous local businesses. Elburn Days is awesome. "
  • Anne G.
    "easy, high way is 5 minutes to I88, 15 mins to I90, and 2 minutes by foot to the train. Very accessible "
  • Anne G.
    "Christmas walk, elburn days, tons of community events at the lions club. elburn has a very active community "
  • Ddandjd
    "I lived here for 11 years. Nice being the last metro stop. Makes it easy to get to Chicago when needed. "
  • B2stak21
    "Elburn is a very family friendly area with the high school close by and shopping malls just down the main road, but it isn't really possible to walk to shopping due to the farm fields but they are close in driving distance. "
  • Paula C.
    "This neighborhood is a quiet, family neighborhood. You couldn't find better neighbors, friendly, helpful yet not intrusive. All ages live in neighborhood. The train station is close, some people walk it in good weather, but otherwise it's a five minute drive. "
  • Carl C.
    "Quiet neighborhood close to grade school. Established area of Elburn"
  • Lifang T.
    "Five minutes to Metra to Chicago (Elburn Station). Walking distance to Blackberry Elementary School. Winter sledding at nearby Johnson Mound Nature Preserve( 0,75 mile). Hughes Creek Golf Course across the street from development. Country living in a quiet community with bike path plus clean air and beautiful sunset!."
  • christofferkelly
    "Small town living, near all the suburban ammenities"
  • Brent S.
    "Bedroom community, family friendly with lots of community participation. Train Station to Chicago gives easy access to downtown via Metra."

LGBTQ Local Legal Protections

Aimee Corbett, Coldwell Banker Real Estate Group
Agent Phone: (630) 417-8853
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
488 Gray Ave, Elburn, IL 60119 is a 5 bedroom, 3 bathroom, 3,361 sqft single-family home built in 2004. This property is currently available for sale and was listed by MRED as distributed by MLS GRID. The MLS # for this home is MLS# 12697301.