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Listings courtesy of Realty Executives Midwest as distributed by MLS GRID.

Active - Land for sale

Downers Grove, IL

Facts & features

Land Property type
46,609 sqft Lot size

Why you’ll love it

INCREDIBLE OPPORTUNITY! This is one of 3 contiguous properties being sold as an assemblage. (1406, 1340, and 1240 83rd St). 3.75 acres total with 466 ft of frontage. Annexed to Woodridge with a Downers Grove mailing address. No waiting for zoning changes. The Village of Woodridge has recently changed the zoning to Mixed Use offering endless possibilities. These properties offer superior access yet not adjacent to noisy highways, with close proximity to residential areas making this location highly desirable for a multitude of opportunities. Woodridge just completed it's Comprehensive Economic Development Plan. No more delays. The criteria has been established welcoming senior living facilities, townhomes, neighborhood serving commercial, medical office and retail space and a host of mixed use developments. Please do not disturb the owners or walk the property without an appointment.

Translating description...

Listed by: Kathleen Meyer • Realty Executives Midwest

Co-listed by: Realty Executives Midwest

Source: MRED as distributed by MLS GRID, MLS#: 12746234 MRED as distributed by MLS GRID logo

Based on information as of Sep 02, 2026 at 10:19am EDT.

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Affordability

$345,000$720,000
1%20%
0%90%
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Estimated monthly payment

$3,216/mo

  • Mortgage$2,698
  • Property tax$519
  • HOA fee
  • Homeowners insurance
Due at closing$424,133
Down payment held in escrow$106,700
Closing costs$8,003
beycome credit Est.$10,670

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Downers Grove

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AI-generated overview for informational purposes only.
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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Sep 02, 2026 at 10:19am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$533,500 Listed price

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$10,670 Credit back

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