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  3. Lisle, IL
  4. /
  5. 5531 E Lake Dr
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5531 E Lake Dr

5531 E Lake Dr, Lisle, IL, 60532
Four Lakes Condos

YEAR BUILT

1980

# STORIES

2

# TOTAL UNITS

6

UNIT SIZE RANGE

590-900 sqft

Description

5531 E Lake Dr sits in Lisle, providing a great view of water. This low-rise building has 2 stories and holds 6 condominium units. Constructed in 1980, the building offers a range of 590 to 900 square feet for the units. Each unit has 1 bedroom. Prices start around $118,000. Residents enjoy waterfront views and an attached private deck. Shared amenities include 4 pools, a boat dock, and a clubhouse. Facilities for golfing, tennis, and an exercise room are also available. The property supports outdoor activities like biking and fishing. Nearby, dining options include Base Camp Pub, Firehouse of Lisle, and Chill & Grill. Parks and recreational areas sit within a short distance. Benedictine University is close, along with shopping options for everyday needs. Major highways ensure quick travel around the area. The location links easily to public transport, with a nearby Pace bus route heading to Lisle Train Station. This connection makes commuting simple. Enjoying both a peaceful environment and various amenities adds to the building's appeal. This property enjoys gorgeous year-round views of the lake. The setting combines natural beauty with convenient access to recreational and urban spots. The overall design reflects a welcoming community spirit.

Building ImageMLS ID #12554219
Building ImageMLS ID #12554219
Building Image
Building ImageView Listing

5531 E Lake Dr

5531 E Lake Dr, Lisle, IL, 60532


Four Lakes Condos

YEAR BUILT

1980

# STORIES

2

# TOTAL UNITS

6

UNIT SIZE RANGE

590-900 sqft

Description

5531 E Lake Dr sits in Lisle, providing a great view of water. This low-rise building has 2 stories and holds 6 condominium units. Constructed in 1980, the building offers a range of 590 to 900 square feet for the units. Each unit has 1 bedroom. Prices start around $118,000. Residents enjoy waterfront views and an attached private deck. Shared amenities include 4 pools, a boat dock, and a clubhouse. Facilities for golfing, tennis, and an exercise room are also available. The property supports outdoor activities like biking and fishing. Nearby, dining options include Base Camp Pub, Firehouse of Lisle, and Chill & Grill. Parks and recreational areas sit within a short distance. Benedictine University is close, along with shopping options for everyday needs. Major highways ensure quick travel around the area. The location links easily to public transport, with a nearby Pace bus route heading to Lisle Train Station. This connection makes commuting simple. Enjoying both a peaceful environment and various amenities adds to the building's appeal. This property enjoys gorgeous year-round views of the lake. The setting combines natural beauty with convenient access to recreational and urban spots. The overall design reflects a welcoming community spirit.

Next

Description

5531 E Lake Dr sits in Lisle, providing a great view of water. This low-rise building has 2 stories and holds 6 condominium units. Constructed in 1980, the building offers a range of 590 to 900 square feet for the units. Each unit has 1 bedroom. Prices start around $118,000. Residents enjoy waterfront views and an attached private deck. Shared amenities include 4 pools, a boat dock, and a clubhouse. Facilities for golfing, tennis, and an exercise room are also available. The property supports outdoor activities like biking and fishing. Nearby, dining options include Base Camp Pub, Firehouse of Lisle, and Chill & Grill. Parks and recreational areas sit within a short distance. Benedictine University is close, along with shopping options for everyday needs. Major highways ensure quick travel around the area. The location links easily to public transport, with a nearby Pace bus route heading to Lisle Train Station. This connection makes commuting simple. Enjoying both a peaceful environment and various amenities adds to the building's appeal. This property enjoys gorgeous year-round views of the lake. The setting combines natural beauty with convenient access to recreational and urban spots. The overall design reflects a welcoming community spirit.

5531 E Lake Dr Key Stats Last 12 months

Avg. Listed Price$199,900($299/Sqft.)

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
Next

Key Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

5531 E Lake Dr Sold Listings

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit BB67011202026-02-13
MLS#: 12554219
Closed$187,000
Unit EE64011692020-12-02
MLS#: 10870991
Closed$118,000
Unit BB90011622013-06-13
MLS#: 08315706
Closed$70,100
Unit 77-A77-A-111962009-09-23
MLS#: 07156989
Closed$55,500
Unit 77-A
77-A

1 Beds

1 Baths

0 sqft


DateStatusPrice
2009-09-23Closed$55,500
MLS#: 07156989
Days On Market196
Unit B
B

1 Beds

1 Baths

670 sqft


DateStatusPrice
2026-02-13Closed$187,000
MLS#: 12554219
Days On Market20
Unit B
B

1 Beds

1 Baths

900 sqft


DateStatusPrice
2013-06-13Closed$70,100
MLS#: 08315706
Days On Market62
Unit E
E

1 Beds

1 Baths

640 sqft


DateStatusPrice
2020-12-02Closed$118,000
MLS#: 10870991
Days On Market69
View Complete Unit Listing HistorySource By: MRED

Amenities

This condo building offers a range of enjoyable amenities. You can relax by the pool on sunny days or unwind in the clubhouse. If you love sports, you will appreciate the nearby tennis courts and the golf course. For those who prefer nature, there's a boat dock for fishing trips or leisurely boat rides. Fitness enthusiasts will enjoy the exercise room and the convenience of bike trails. Gather with friends in the party room or take a bike ride to explore the area. Whatever your leisure preferences, you will find something to love here.

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Amenities Description

This condo building offers a range of enjoyable amenities. You can relax by the pool on sunny days or unwind in the clubhouse. If you love sports, you will appreciate the nearby tennis courts and the golf course. For those who prefer nature, there's a boat dock for fishing trips or leisurely boat rides. Fitness enthusiasts will enjoy the exercise room and the convenience of bike trails. Gather with friends in the party room or take a bike ride to explore the area. Whatever your leisure preferences, you will find something to love here.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Exercise Room

Exercise Room

Pool

Pool

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Restaurant

Restaurant

Storage

Storage

Policies

This building is welcoming to all residents and their furry friends. If you have a cat or a dog, you will be happy to know both are allowed. The policies ensure a friendly community while managing the space effectively. So, you can enjoy a comfortable lifestyle here while having your beloved pets by your side. It’s a great way to create a home that fits your lifestyle and includes your four-legged companions. Whether you're looking for a serene space to unwind or a vibrant community to join, this condo building has the right balance for everyone.

Next

Amenities Description

This building is welcoming to all residents and their furry friends. If you have a cat or a dog, you will be happy to know both are allowed. The policies ensure a friendly community while managing the space effectively. So, you can enjoy a comfortable lifestyle here while having your beloved pets by your side. It’s a great way to create a home that fits your lifestyle and includes your four-legged companions. Whether you're looking for a serene space to unwind or a vibrant community to join, this condo building has the right balance for everyone.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
5531 E Lake Dr--
5508 E Lake Dr$271/sqft.$2 /sqft.
Four Lakes Condos$243/sqft.$3 /sqft.
5538 E Lake Dr$273/sqft.$2 /sqft.
Four Lakes Condos$271/sqft.$2 /sqft.
Four Lakes Condos$230/sqft.$3 /sqft.

Nearby Schools

Lisle Jr High School

B+
Public|Grades 6–8
5207 Center Ave|0.69 miles away

Lisle High School

A
Public|Grades 9–12
1800 Short St|0.75 miles away

St Joan of Arc

--
Private|Grades PK–8
4913 Columbia Ave|1.08 miles away

Lisle Elementary School

A
Public|Grades PK–5
5801 Westview Ln|1.09 miles away

Steeple Run Elementary School

A-
Public|Grades KG–5
6S151 Steeple Run ...|1.26 miles away

Willow Creek Elementary School

B+
Public|Grades KG–6
2901 Jackson Dr|1.43 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

Lisle Jr High School

B+
Public|Grades 6–8
5207 Center Ave|Less than 1 Mile Away

Lisle High School

A
Public|Grades 9–12
1800 Short St|Less than 1 Mile Away

St Joan of Arc

--
Private|Grades PK–8
4913 Columbia Ave|1.08 Miles Away

Lisle Elementary School

A
Public|Grades PK–5
5801 Westview Ln|1.09 Miles Away

Steeple Run Elementary School

A-
Public|Grades KG–5
6S151 Steeple Run ...|1.26 Miles Away

Willow Creek Elementary School

B+
Public|Grades KG–6
2901 Jackson Dr|1.43 Miles Away

Goodrich Elementary School

C-
Public|Grades PK–6
3450 Hobson Rd|1.67 Miles Away

Directions Program

--
Public|Grades –
6S331 Cornwall Rd|1.67 Miles Away

Southeast Alternative School

--
Public|Grades –
6S331 Cornwall Rd|1.67 Miles Away

Deaf/Hard of Hearing Programs

--
Public|Grades –
2900 Ogden Ave|1.76 Miles Away

Visually Impaired Programs

--
Public|Grades –
2900 Ogden Ave|1.76 Miles Away

Stars Autism Program

--
Public|Grades –
2900 Ogden Ave|1.76 Miles Away

Transition Program

--
Public|Grades –
2900 Ogden Ave|1.76 Miles Away

Multi Needs Program

--
Public|Grades –
2900 Ogden Ave|1.76 Miles Away

Kennedy Junior High School

A+
Public|Grades 6–8
2929 Green Trails ...|1.98 Miles Away

Transit

1011 Warrenville Rd

1.69 miles away|33 min walk

Hobson Rd & Southcrest Dr/Walnut Ave

1.73 miles away|34 min walk

Hobson Rd & Walnut Ave/Southcrest Dr

1.73 miles away|34 min walk

Lisle

1.1 miles away|22 min walk

Main St & Middleton Ave

1.53 miles away|30 min walk

Main St & Warrenville Rd

1.75 miles away|34 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

1011 Warrenville Rd

1.69 miles away|33 min walk

Hobson Rd & Southcrest Dr/Walnut Ave

1.73 miles away|34 min walk

Hobson Rd & Walnut Ave/Southcrest Dr

1.73 miles away|34 min walk

Lisle

1.1 miles away|22 min walk

Main St & Middleton Ave

1.53 miles away|30 min walk

Main St & Warrenville Rd

1.75 miles away|34 min walk

Ogden Ave & Auvergne Ave

1.67 miles away|32 min walk

Ogden Ave & Chelsea Ave

1.45 miles away|28 min walk

Ogden Ave & Ivanhoe Ave

1.73 miles away|34 min walk

Ogden Ave & Main St

1.3 miles away|25 min walk

Ogden Ave / Spencer Ave

1.3 miles away|25 min walk

Warrenville Rd & Cabot Dr/Corporate West Dr

2 miles away|39 min walk

Warrenville Rd & Corporetum Dr

1.74 miles away|34 min walk

Warrenville Rd & Evergreen Dr

1.8 miles away|35 min walk

Warrenville Rd & Leask Ln / Yender Ave

1.91 miles away|37 min walk

Warrenville Rd & Main St

1.79 miles away|35 min walk

Warrenville Rd & Westerhoff Dr

1.82 miles away|35 min walk

Warrenville Rd & White Birch Dr

1.78 miles away|35 min walk

Warrenville Rd & Yender Ave/Leask Ln

1.88 miles away|37 min walk

Woodridge Dr & Hobson Rd

1.71 miles away|33 min walk

Woodridge Dr & Kincaid Dr

1.94 miles away|38 min walk

Woodridge Dr & Martin Dr

1.89 miles away|37 min walk

The Neighbourhood: 5531 E Lake Dr

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5531 E Lake Dr Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 15.77% are children aged 0–14, 20.05% are young adults between 15–29, 20.69% are adults aged 30–44, 19.58% are in the 45–59 range and 23.9% are seniors aged 60 and above. Commuting options are also varying where 71.85% of residents relying on driving, while others prefer public transit around 7.53%, walking around 1.8%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 52.05% of units are rented and 47.95% are owner occupied. The neighborhood offers different household types. About 14.37% are single family homes and 4.9% are multi family units. Around 42.95% are single-person households, while 57.05% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 35.64% of residents have bachelor’s degrees. Around 12.91% have high school or college education. Another 9.07% hold diplomas while 20.37% have completed postgraduate studies. The remaining are 22.01% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 15.77% are children aged 0–14, 20.05% are young adults between 15–29, 20.69% are adults aged 30–44, 19.58% are in the 45–59 range and 23.9% are seniors aged 60 and above. Commuting options are also varying where 71.85% of residents relying on driving, while others prefer public transit around 7.53%, walking around 1.8%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 52.05% of units are rented and 47.95% are owner occupied. The neighborhood offers different household types. About 14.37% are single family homes and 4.9% are multi family units. Around 42.95% are single-person households, while 57.05% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 35.64% of residents have bachelor’s degrees. Around 12.91% have high school or college education. Another 9.07% hold diplomas while 20.37% have completed postgraduate studies. The remaining are 22.01% with other types of qualifications.

Age Demographics

15.77% (0 - 14 years old)

20.05% (15 - 29 years old)

20.69% (30 - 44 years old)

19.58% (45 - 59 years old)

23.9% (60+ years old)

Commute

7.53%

Transit

1.8%

Walk

71.85%

Drive

0%

Bike

Housing Ownership

47.95%

Owner Occupied

52.05%

Rental Units

Household Types

14.37%

Single Family

4.9%

Multi Family

42.95%

Single Person

57.05%

Multi Person

Education

Bachelors Degree35.64%
High School College12.91%
Diploma9.07%
Post Graduate20.37%
Others22.01%
Next

Education

Diploma9.07%
Post Graduate20.37%
Others22.01%
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  1. Home
  2. /Lisle, IL
  3. /
    5531 E Lake Dr
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Downers Grove
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ZIP Codes
600146002560053
6007360106601236040360409604226046460476605016051660539605436055660558606306064260714
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