Mixed-Use Commercial
New
For Sale
$533,500
1406 83rd St, Downers Grove, IL 60516
Mixed-use zoning supports commercial, residential, medical office, retail, and senior living development concepts.
Property SizeContact for details
Days on Market7
Property Features for 1406 83rd St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Coldwell Banker Real Estate Group
Listed By:
Northwest Suburban Real Estate
(815) 893-2410
Source:
Nwsrealestate
Added: Aug 30
Changed: Sep 4
Last Checked: Sep 5 at 6:58AM
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 Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
This 3.75-acre commercial land assemblage combines three contiguous properties at 1406, 1340, and 1240 83rd St. The combined site provides 466 feet of frontage and is positioned for development under Mixed Use zoning, eliminating the need to await a zoning change.
The property is annexed to Woodridge and carries a Downers Grove mailing address. Access is described as strong without direct adjacency to noisy highways, while nearby residential areas provide surrounding context for neighborhood-serving development. The Village of Woodridge’s established development criteria identify senior living, townhomes, medical office, retail, and other mixed-use concepts as compatible directions for the area.
The property is annexed to Woodridge and carries a Downers Grove mailing address. Access is described as strong without direct adjacency to noisy highways, while nearby residential areas provide surrounding context for neighborhood-serving development. The Village of Woodridge’s established development criteria identify senior living, townhomes, medical office, retail, and other mixed-use concepts as compatible directions for the area.
Key Highlights
- 3.75‑acre assemblage of three contiguous commercial land parcels
- 466 feet of frontage across the combined properties
- Mixed Use zoning is already in place
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 zoning supports commercial, residential, medical office, retail, and senior living development concepts.
Where is this commercial land located?
The property is located at 1406 83rd St Downers Grove, IL.
What is the asking price?
The asking price for this property is $533,500.
What are key features of this property?
This property features: 3.75‑acre assemblage of three contiguous commercial land parcels; 466 feet of frontage across the combined properties; Mixed Use zoning is already in place
