The current station was reconstructed in 1994, and is made out of brick and concrete with a spacious metal and glass train shed, but lacks the styling or decoration found in many other CTA stations, giving Davis a modern urban, if utilitarian, feel. The station sports two prominent clock towers, on the west and east sides. It has several different paintings hanging in various areas of the platform. It also has a light board system, as well as a speaker system to alert passengers of train delays. There is a Dunkin Donuts on the lower level, near the fare card vending machines. The platform, like most elevated CTA platforms, has a problem with pigeons. To combat the dropping issue, the CTA installed a fishnet over the entire station. While the fishnet has stopped pigeons from the area over the rails, there are a few signs, toward the back of the platforms, that have spikes, which does not work that often.
Davis is one of the four test sites for the Active Transit Station Signs (ATSS) program. In September 2002, the signs were installed at the station. The signs display preprogrammed and service-related messages as well as a countdown until the next train; however, the Davis station's signs do not display the countdown feature due to a programming glitch.