Commercial Land with Mixed-Use
New
For Sale
$533,500
1406 83rd Street, Downers Grove, IL 60516
Land, Downers Grove, IL
Property SizeContact for details
Lot Size1.07 Acres
Days on Market1
Property Features for 1406 83rd Street
General Information
Property type
Land
Property subtype
Other
Elementary school
Elizabeth Ide Elementary School
Middle school
Prairieview Elementary
High school
Downers Grove South High School
Elementary school district
66
Middle school district
66
High school district
99
Directions
Take 83rd west from Lemont Rd. Property is located just east of Dunham Rd.
Subdivision
Downers Grove
Standard status
Active
APN
0931201023
Lot size
1.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6222
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# 12746234
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 offering includes a 1.07-acre parcel at 1406 83rd Street in Downers Grove, Illinois. The property is part of a three-property assemblage totaling 3.75 acres with 466 feet of combined frontage. The land has been annexed to Woodridge while retaining a Downers Grove mailing address, and the zoning has been changed to Mixed Use.
The Village of Woodridge’s established development criteria identify senior living, townhomes, medical office, retail, neighborhood-serving commercial, and other mixed-use concepts as appropriate categories for the area. Natural gas is available, with a well water source and septic tank serving the property.
The Village of Woodridge’s established development criteria identify senior living, townhomes, medical office, retail, neighborhood-serving commercial, and other mixed-use concepts as appropriate categories for the area. Natural gas is available, with a well water source and septic tank serving the property.
Key Highlights
- 1.07‑acre commercial land parcel at 1406 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 - Mixed-use zoning supports multiple development concepts, including residential, medical office, retail, and neighborhood-serving commercial uses.
Where is this commercial land located?
The property is located at 1406 83rd Street 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: 1.07‑acre commercial land parcel at 1406 83rd Street; Part of a 3‑property assemblage totaling 3.75 acres; Assemblage provides 466 feet of combined frontage
