$549,900
 $2,952 est/mo Sourced by Back At You

1340 83rd Street,Downers Grove, IL 60516

Downers Grove, IL 60516

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Description

INCREDIBLE OPPORTUNITY! This is one of 3 contiguous properties being sold as an assemblage. (1406, 1340, and 1240 83rd St). 3.75 acres total with 466 ft of frontage. Annexed to Woodridge with a Downers Grove mailing address. No waiting for zoning changes. The Village of Woodridge has recently changed the zoning to Mixed Use offering endless possibilities. These properties offer superior access yet not adjacent to noisy highways, with close proximity to residential areas making this location highly desirable for a multitude of opportunities. Woodridge just completed it's Comprehensive Economic Development Plan. No more delays. The criteria has been established welcoming senior living facilities, townhomes, neighborhood serving commercial, medical office and retail space, and a host of mixed use developments. Please do not disturb the owners or walk the property without an appointment.

Details

MLS #12746265
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site41
Listing Provided ByRealty Executives Midwest | Kathleen Meyer

Features

ZoningOTHER
Acreage1.07

Utilities

UtilitiesElectric to Site, Natural Gas Available, Sewer Nearby, Water Nearby
SewerSeptic Tank

Taxes

Tax Year2025
Tax Annual Amount7398

Area Information

StateIL
CountyDuPage
CityDowners Grove
Zip Code60516
AreaDowners Grove
Listing VS Median (in 60516)
Price:
$549,900
low | high
Med:
$474,800
63.657028550646% of Average
On site:
41
low | high
Med:
58
70.689655172414% of Average
Sourced by Back At You

Market Activity 60516

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Learn More About This Property

StateIL
CountyDuPage
CityDowners Grove
Zip Code60516
AreaDowners Grove
Listing VS Median (in 60516)
Price:
$549,900
low | high
Med:
$474,800
63.657028550646% of Average
On site:
41
low | high
Med:
58
70.689655172414% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $412K - $687K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1406 83rd Street Property Photo 1
$533,500
1406 83rd Street
Downers Grove, IL 60516
2964 Drover Lane Property Photo 1
$499,000
2964 Drover Lane
Darien, IL 60561
Listing Updated: September 28, 2026 at 5:19:25 PM PDT