1340 83rd Street Downers Grove, IL ^$ 570,000

1340 83rd Street

^$ 570,000

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1340 83rd Street

Downers Grove, IL, 60516

^$ 570,000

Studio Baths0.0

Monthly Estimate*

^$ 3,556

Studio

Lots and Land for sale in Downers Grove, IL

for $570,000. The lot size is 1.06.

Currently zoned Office Research and light industrial in Woodridge with a Downers Grove mailing address. Property is also ideally suited for senior housing, day care center, townhome development, light retail, and the existing zoning of ORI.

Lots and Land Contingent

Price

^$ 570,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 7,398

Style

Single Family

Lot Size

1.06

Town/City

Downers Grove

County/Region

DuPage

MLS | Web ID

12361656

Features

General

Utilities Electricity Available Natural Gas Available Sewer Nearby Water Nearby

Possession Closing

Zoning OTHER

Township Downers Grove

Tax Year 2024

Current Use Single Family

Ownership Fee Simple

County DuPage

Property Type Land Land

Contingency Other Contingency

Possible Use Commercial Industrial Office Multi-Family Retail

Status Contingent

Directions West of the NWC of Lemont Rd. and 83rd. St. Property is incorporated into Woodridge with a Downers Grove mailing address.

City Downers Grove

High School District 99

MLS Area Downers Grove

Tax Annual Amount 7398

Additional Parcels Y/N N

Standard Status Active Under Contract

Middle/Junior School District 66

Elementary School District 66

Exterior

Total Parking 0

Lot Dimensions 160X290

Lot Size Acres 1.06

Road Surface Type Asphalt

Frontage Length 160

Frontage Type City Street County Road

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Mark Butler Properties - Mbkb Llc

Broker

mark@markbutlerproperties.net

Affordability Calculator

$4,173

Per Month

Monthly Principal & Interest: $3,556
Monthly Property Taxes: $617
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Downers Grove, IL

Average List Price ^$331,358

Percent of Sale Price 42%

About Downers Grove, IL

50,198 Population

0% Since 2002

^$87,923 Median Income

43.9 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566712 Elementary School

566889 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2025	$570,000		Listed Price

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1340 83rd Street, Downers Grove, IL, 60516 is a Lots and Land for sale at $570,000 with a lot size of 1.06. 1340 83rd Street is a studio with 0.0 baths. The property's zip code is 60516 which is in Downers Grove, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/16/2025.

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1340 83rd Street

Lots and Land for sale in Downers Grove, IL

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