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Premium Rear-Yard Teardown Lot
For Sale
$450,000

4632 Washington Street, Downers Grove, IL 60515

Build-ready lot in Downers Grove with a rare private rear-yard setting for a custom home or spec build.

Property SizeContact for details
Days on Market53

Property Features for 4632 Washington Street

General Information

Standard status Active
Property subtype Land
Zoning SINGL

Taxes and HOA fees

Annual Taxes $6,165
Listing Agency: Baird & Warner
Listed By: Laura Bauske · License #475207067
Source: Compass
Added: Jun 22 Changed: Aug 8 Last Checked: Jul 20 at 9:02PM

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 Baird & Warner

Investment Insights

Based on property information with market context.

This is a premium teardown lot offering a rare private rear-yard setting in an established Downers Grove neighborhood. The site measures 55x139 and is suited for a luxury custom home or a high-end spec residence, with the flexibility to design the floor plan and finishes to match your build goals.

Located at 4632 Washington Street in Downers Grove, the property benefits from a setting surrounded by mature residential development. The area is described as having neighborhood parks and highly regarded schools, along with convenient Metra access within walking distance.

For builders and developers, teardown opportunities like this in sought-after Downers Grove neighborhoods are described as becoming increasingly limited, particularly when the lot also includes a private rear-yard setting.

Key Highlights

  • 55x139 lot in Downers Grove, available for a custom home or spec build
  • Rare private rear‑yard setting
  • Surrounded by mature trees and established homes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist Butcher Garden Center

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

1,490
Businesses Nearby

Demographics for 60515, IL

29,278
Population
12,443
Households
2.4
Avg Household Size
43
Median Age
61%
College-Educated
98%
High-School Grad
11.8 sq mi
ZIP Area
2,481
Density / Sq Mi
$121,358
Median Household Income
$69,341
Median Earnings
$1,563
Median Rent
$453,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready lot in Downers Grove with a rare private rear-yard setting for a custom home or spec build.
Where is this residential land & home lot located?
The property is located at 4632 Washington Street Downers Grove, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 55x139 lot in Downers Grove, available for a custom home or spec build; Rare private rear‑yard setting; Surrounded by mature trees and established homes
More about this property
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