Commercial Land with Mixed-Use
New
For Sale
$549,900
1340 83rd Street, Downers Grove, IL 60516
Land, Downers Grove, IL
Property SizeContact for details
Lot Size1.07 Acres
Days on Market1
Property Features for 1340 83rd Street
General Information
Property type
Land
Property subtype
Other
Elementary school district
66
Middle school district
66
High school district
99
Directions
Take 83rd St west from Lemont Rd. Property is located east of Dunham on the north side of the street.
Subdivision
Downers Grove
Standard status
Active
APN
0931201024
Lot size
1.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7398
Utilities
Utilities
Natural Gas 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# 12746265
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 1.07-acre commercial land parcel is part of a three-property assemblage totaling 3.75 acres. The assemblage includes 466 feet of frontage and is currently designated for mixed-use development following annexation to Woodridge. Natural gas is available, while water service is provided by a well and wastewater service by a septic tank.
The property carries a Downers Grove mailing address and is located near residential areas, with access described as convenient without direct adjacency to noisy highways. The Village of Woodridge’s current development framework identifies senior living, townhomes, neighborhood-serving commercial, medical office, retail, and other mixed-use concepts as targeted development categories for the area.
The property carries a Downers Grove mailing address and is located near residential areas, with access described as convenient without direct adjacency to noisy highways. The Village of Woodridge’s current development framework identifies senior living, townhomes, neighborhood-serving commercial, medical office, retail, and other mixed-use concepts as targeted development categories for the area.
Key Highlights
- 1.07‑acre commercial land parcel
- Part of a three‑property assemblage totaling 3.75 acres
- Assemblage provides 466 feet of 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
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Frequently Asked Questions
What type of property is this?
Commercial land - Mixed-use land with natural gas availability, well water, and septic service near established residential areas.
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: 1.07‑acre commercial land parcel; Part of a three‑property assemblage totaling 3.75 acres; Assemblage provides 466 feet of frontage
