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Mixed-Use Commercial Land
For Sale
$549,900

1340 83rd Street, Downers Grove, IL 60516

Three contiguous properties are offered together under Mixed Use zoning.

Property SizeContact for details
Days on Market38

Property Features for 1340 83rd Street

General Information

Standard status Active
Property subtype LAND

Taxes and HOA fees

Annual Taxes $7,398
Listing Agency: Realty Executives Midwest
Listed By: Kathleen Meyer · License #475142169
Source: Loncarrealty
Added: Aug 29 Changed: Sep 30 Last Checked: Oct 4 at 2:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Midwest

Investment Insights

Based on property information with market context.

The offering combines three contiguous commercial land properties at 1240, 1340, and 1406 83rd Street. Together, the assemblage covers 3.75 acres and has 466 feet of frontage. The Village of Woodridge has assigned Mixed Use zoning, and the properties are annexed to Woodridge.

Woodridge’s Comprehensive Economic Development Plan identifies senior living, townhomes, neighborhood-serving commercial, medical office, retail, and other mixed-use development among the uses it welcomes. The site is near residential areas and is not directly adjacent to highways. The mailing address is in Downers Grove.

Key Highlights

  • Three contiguous properties offered as one assemblage
  • 3.75 acres total with 466 feet of frontage
  • Zoned Mixed Use by the Village of Woodridge

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Auto Repair Shop Bakery Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Three contiguous properties are offered together under Mixed Use zoning.
Where is this commercial land located?
The property is located at 1340 83rd Street Downers Grove, IL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Three contiguous properties offered as one assemblage; 3.75 acres total with 466 feet of frontage; Zoned Mixed Use by the Village of Woodridge
More about this property
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