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Rich AyersAyers Realty Group
Back$1,650,0004 bd5 ba3,400 sqft

$1,650,000For sale

516 Franklin

Naperville, IL 60540 · MLS# MRD12668488

Listing courtesy of Coldwell Banker Realty
  • 4Beds
  • 5Baths
  • 3,400Sq Ft
  • 2004Year Built

About This Home

Welcome to this exceptional custom residence ideally situated in one of downtown Naperville's most coveted neighborhoods, offering timeless architecture, refined finishes, and an unmatched walk-to-town lifestyle. A charming covered front porch, brick paver entry, extensive landscape lighting, Hardie Board exterior, and impressive double front doors create a striking first impression and set the tone for the quality found throughout. Inside, a gracious foyer opens to beautifully appointed living spaces highlighted by rich hardwood flooring, extensive millwork, custom ceilings, and abundant natural light. The private first-floor office showcases a stunning coffered ceiling, bay window, and detailed craftsmanship, creating the perfect work-from-home retreat. Across the foyer, a sun-filled gathering room features custom built-ins and oversized windows overlooking the front yard, while the spacious dining area is enhanced by elegant architectural details and exceptional trim work. At the center of the home is a beautifully designed chef's kitchen that seamlessly blends luxury and functionality. Premium appliances include a Sub-Zero refrigerator, 48-inch Viking range, Bosch dishwasher, Monogram beverage center, granite countertops, abundant custom cabinetry, under-cabinet lighting, and a large center island with seating. The adjoining breakfast area overlooks the backyard and opens directly to the outdoor entertaining spaces. A well-appointed butler's pantry with custom wine storage, extensive shelving, and a professionally designed walk-in pantry provides both beauty and convenience. The kitchen flows effortlessly into the expansive family room, anchored by a gas fireplace with elegant marble surround and designed for comfortable everyday living and entertaining. The recently completed lower level offers an extraordinary extension of the home's living space. Thoughtfully designed for entertaining and recreation, it features a custom wine room, spacious media and gathering areas, a Heat & Glo fireplace, wet bar with quartz countertops, beverage refrigerators, microwave, full bath, dedicated fitness room, bonus flex space that could serve a variety of needs, and exceptional storage throughout. The second level offers four generously sized bedrooms and three full bathrooms. The luxurious primary suite is a true retreat featuring a soaring cathedral ceiling, oversized windows, spa-inspired bath with whirlpool tub, separate shower, dual vanities, dedicated makeup station, and a custom California Closet walk-in wardrobe. Secondary bedrooms offer walk-in closets, abundant natural light, and thoughtfully designed bathroom access, including a private ensuite and a Jack-and-Jill arrangement. Numerous recent improvements enhance both comfort and efficiency, including a beautifully finished basement, solar panels, updated HVAC systems, new humidifiers, water heaters, gutters, and professional landscaping. Additional amenities include two fireplaces, backup sump pump, radon mitigation system, whole-house audio, surround sound, paver patio, wood deck, circular fire pit, fenced yard, and an oversized 2.5-car garage. Located within highly acclaimed District 203 boundaries serving Naper Elementary, Washington Junior High, and Naperville North High School, this exceptional residence offers the rare opportunity to enjoy luxury living just moments from downtown Naperville's renowned dining, boutique shopping, the Riverwalk, neighborhood parks, and year-round community events. Combining timeless craftsmanship, substantial updates, and an outstanding location, this is downtown Naperville living at its finest. ome!

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Property at a Glance: 516 Franklin

This residential property at 516 Franklin, Naperville, IL 60540 is for sale at $1,650,000. The home has 4 bedrooms, 5 bathrooms and 3,400 square feet of living space. It was built in 2004 and sits on a lot of 0.16 acres. That comes to about $485 per square foot. Reach out to set up a showing or ask for more details about this home.

Snapshot

Status
For sale
Price
$1,650,000
Bedrooms
4
Bathrooms
5
Full Baths
4
Half Baths
1
Property Type
Residential
Year Built
2004
Square Feet
3,400
Lot Size
0.16 acres
Days on Market
0
MLS #
MRD12668488
Price per Sq Ft
$485
County
DuPage

Nearby Schools

  • Elementary SchoolNaper Elementary School
  • Middle SchoolWashington Junior High School
  • High SchoolNaperville North High School

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Property Details

Building
Property Type: Residential
Year Built: 2004
Architectural Style: Victorian
Land
Lot Size: 0.16 acres
Lot Features: Landscaped
Money
Community: Park, Curbs, Sidewalks, Street Lights, Street Paved
Annual Tax: $20,401
County: DuPage
School District: 203
Association Includes: None
HOA: Not provided
HOA Fee: $0 (frequency not provided)
Rooms
Heating: Natural Gas, Forced Air
Cooling: Central Air
Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
Interior: Cathedral Ceiling(s)
Flooring: Hardwood
Fireplace: Gas Log, Gas Starter
Basement: Finished, Full
Rooms: 14
Laundry: Main Level
Windows: Screens
Structures
Garage Spaces: 2
Parking: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Construction: Other
Roof: Asphalt
Foundation: Concrete Perimeter
Patio and Porch: Deck, Porch, Patio
Exterior Features: Fire Pit
Systems
Sewer: Public Sewer
Water Source: Lake Michigan
Electric: 200+ Amp Service

Living in Naperville, IL

516 Franklin is in Naperville, IL, in DuPage County. It is served by Naper Elementary School, Washington Junior High School and Naperville North High School. Ask Rich Ayers about other homes for sale in Naperville and what nearby homes have sold for.

Mortgage Calculator

Estimated Monthly Payment$8,343
$1,320,000Loan Amount
$330,000Down Payment
$1,683,587Total Interest

Principal and interest only. Taxes, insurance and HOA dues are extra.

Rich Ayers Can Answer Your Questions About This Home

Why Work With Rich Ayers?

Buying a home in Naperville, IL goes better with a local agent on your side. Rich Ayers can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 630-430-5927 to get started. Whether 516 Franklin is the one or you would like to see other homes nearby, reach out any time.

Local facts

Facts and context beyond the MLS description

What the numbers say about 516 Franklin and the Naperville area around it.

Current market context

How this home compares in Naperville

  • $485This home per sq ft
  • $278Median per sq ft
  • 222Homes for sale like it
  • 7Average days on market

At $485 per square foot, 516 Franklin is priced about 74% above the $278 median for 4 bedroom homes for sale in Naperville now.

Listing timeline

Price and status history

DateEventPrice
Oct 15, 2026Active$1,650,000

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