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Mixed-Use Land for Sale in Downers Grove, Illinois

1240 83rd St, Downers Grove, IL 60516

$799,900
1.6 acres
Active sale
ago
Est $6,352/mo

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.

Location

Street address
1240 83rd St
Zip code
60516
Community
Downers Grove
School district
99
Elevation
770 feet
Coordinates
41.7366, -88.015

Directions

WEST OF LEMONT RD. EAST OF DUNHAM RD. NORTH SIDE OF 83RD ST.

Property details

Acreage
1.6 acres69,696 sq ft
MLS #
MRED 12746301
Posted

Property taxes

2025
$11,111

Parcels

  • 0931201025

Details and features

Listing

Type
Land
Franchise
Realty Executives International

Structure

Water
Well
Sewer
Septic Tank

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameTypeDistrict
South High SchoolHigh99

Listing history

DateEventPriceChangeSource
Aug 29, 2026New listing$799,900MRED
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This 1.6-acre property is located at 1240 83rd St in Downers Grove, IL 60516. The land is available for sale, priced at $799,900 — $499,938 per acre.

Listed by Realty Executives Midwest, (630) 969-8880

Checked 2 hours agoUpdated Source

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