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1340 83rd Street, Downers Grove, IL 60516

Downers Grove
Local realty services provided by:CENTURY 21 New Beginnings
1340 83rd Street,Downers Grove, IL 60516
$549,900
  • 1.07 Acres
  • Lots / Land
  • Active
Listed by: kathleen meyer
Office: realty executives midwest
MLS#:12746265
Source:MLSNI

Price summary

  • Price:$549,900

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 #:12746265
  • Updated:October 26, 2026 at 11:13 AM

Structure and exterior

  • Lot area:1.07 Acres

Finances and disclosures

  • Price:$549,900
  • Tax amount:$7,398 (2025)
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Vivian Galarza

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