1240 83rd Street, Downers Grove, IL 60516

Downers Grove
Local realty services provided by:ERA Naper Realty
1240 83rd Street,Downers Grove, IL 60516
$799,900
  • 1.6 Acres
  • Lots / Land
  • Active
Listed by: kathleen meyer
Office: realty executives midwest
MLS#:12746301
Source:MLSNI

Price summary

  • Price:$799,900

About this home

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.

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Home facts

  • Listing ID #:12746301
  • Updated:September 07, 2026 at 11:02 AM

Structure and exterior

  • Lot area:1.6 Acres

Schools

  • High school:South High School

Finances and disclosures

  • Price:$799,900
  • Tax amount:$11,111 (2025)
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