$799,900

1240 83rd Street, Downers Grove IL, 60516

Lot size1.6 Acres

Property typeLand

Listed by Kathleen Meyer with Realty Executives Midwest 630-202-5260

Overview

Active

Listed Aug 29, 2026

Updated 10 days ago

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.

Other Property Details

Taxes: $11,111
Tax Frequency: Annually

Listed by Kathleen Meyer with Realty Executives Midwest 630-202-5260

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