Mixed-Use Commercial
New
For Sale
$799,900
1240 83rd Street, Downers Grove, IL 60516
Land, Downers Grove, IL
Property SizeContact for details
Lot Size1.60 Acres
Days on Market1
Property Features for 1240 83rd Street
General Information
Property type
Land
Property subtype
Other
High school
South High School
Elementary school district
66
Middle school district
66
High school district
99
Directions
WEST OF LEMONT RD. EAST OF DUNHAM RD. NORTH SIDE OF 83RD ST.
Subdivision
Downers Grove
Standard status
Active
APN
0931201025
Lot size
1.60 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11111
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Water source
Well
Listing Agency:
Realty Executives Midwest · Realty Executives International
(630) 969-8880
Listed By:
Kathleen Meyer · License #475142169
(630) 969-8880
Added: Aug 29
Last Checked: Aug 29 at 7:06PM
MLS# 12746301
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land parcel at 1240 83rd Street encompasses 1.6 acres and is part of a three-property assemblage totaling 3.75 acres. The assemblage includes 466 feet of combined frontage across the properties. The land has been annexed to Woodridge while retaining a Downers Grove mailing address, and the zoning has been changed to Mixed Use.
The property is in DuPage County and is positioned near residential areas, with access described as convenient without direct adjacency to noisy highways. Woodridge’s economic development plan identifies senior living, townhomes, neighborhood-serving commercial, medical office, retail, and other mixed-use development as welcomed categories. Water is available, with a well listed as the water source and a septic tank serving the property.
The property is in DuPage County and is positioned near residential areas, with access described as convenient without direct adjacency to noisy highways. Woodridge’s economic development plan identifies senior living, townhomes, neighborhood-serving commercial, medical office, retail, and other mixed-use development as welcomed categories. Water is available, with a well listed as the water source and a septic tank serving the property.
Key Highlights
- 1.6‑acre commercial land parcel at 1240 83rd Street
- Part of a 3‑property assemblage totaling 3.75 acres
- Assemblage provides 466 feet of combined frontage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 60516, IL
28,694
Population
11,912
Households
2.4
Avg Household Size
44
Median Age
54%
College-Educated
94%
High-School Grad
7.6 sq mi
ZIP Area
3,776
Density / Sq Mi
$118,780
Median Household Income
$59,704
Median Earnings
$1,636
Median Rent
$423,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with mixed-use zoning, water availability, and established septic service.
Where is this commercial land located?
The property is located at 1240 83rd Street Downers Grove, IL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 1.6‑acre commercial land parcel at 1240 83rd Street; Part of a 3‑property assemblage totaling 3.75 acres; Assemblage provides 466 feet of combined frontage
