400 Frontage Road
Downers Grove, IL, 60516 $ 900,000
Bedrooms6 Baths2.0 Monthly Estimate*
$ 5,541
for $900,000 with 6 bedrooms and 2 full baths. The lot size is 1.65.
1.65 acres! Prime residential redevelopment opportunity in Downers Grove, Illinois, approximately 3.5 acres total, consisting of three contiguous/closely aligned parcels with significant frontage of 392' along Oldfield Rd and 499' along Frontage Rd. This assemblage offers meaningful scale for a builder or developer seeking a higher-utility infill site with flexible configuration and the potential to create a density-supported plan (subject to zoning, approvals, and any required variances), currently zoned R-3 which further supports the site's long-term development viability. The combined footprint and layout provide a strong framework for single-family homes, residential group homes, other residential-style redevelopment depending on municipal review and site engineering. The site's general shape allows for efficient planning, including potential internal access/drive design, parking solutions, and building orientation, key advantages when pursuing a higher-and-best-use redevelopment concept. Utilities to the properties are city sewer, electric and gas, with city water connection at the street, buyers should conduct due diligence regarding any required extensions or upgrades. Exceptional location with quick access to major expressways, highly rated schools, premier shopping and dining, airports, and close proximity to luxury home communities. Ownership's preference is to market and sell as a single assemblage to maximize the site's development potential and value. A strong fit for builders and developers looking for a larger site with substantial street presence, in a community aligned with new residential development. Exceptional location with quick access to major expressways, highly rated schools, premier shopping and dining, airports, and close proximity to luxury home communities. The adjoining addresses are 315 Oldfield, 325 Oldfield and 400 Frontage Road for a total asking price of $1,925,000.
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FeaturesGeneralHeating Natural Gas
Utilities Electric to Site Natural Gas Available Sewer Connected Water Nearby
Possession Closing
Zoning SINGL
Architectural Style Traditional
Construction Materials Wood Vinyl Siding
Tenant Pays Air Conditioning Electricity Heat Taxes Roof Scavenger Structure Sewer All Utilities
Township Downers Grove
Tax Year 2024
Current Use Single Family
Ownership Fee Simple
County DuPage
Property Type Land Land
Possible Use Multi-Family Single Family
Other Structures Garage(s) Residence
Total Rooms 12
Full Baths 2
Status Active
Directions Lemont Rd to Oldfield Rd southeast to Frontage Rd west on Frontage Rd.
High School Hinsdale South High School
City Downers Grove
High School District 86
MLS Area Downers Grove
Elementary School Concord Elementary School
Tax Annual Amount 6112
Middle/Junior High School Cass Junior High School
Standard Status Active
Middle/Junior School District 63
Elementary School District 63
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InteriorBasement Unfinished Full
Total Fireplaces 0
Half Baths 0
Laundry Features Common Area
Total Bedrooms 6
Total Baths 2
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ExteriorParking Features Asphalt Detached Garage
Total Parking 4
Lot Dimensions 495x142x469x155
Lot Size Acres 1.65
Road Surface Type Asphalt
Frontage Length 495
Frontage Type City Street Frontage Road
Waterfront Y/N N
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices ChicagoBroker
epagels@bhhschicago.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,541
- Monthly Property Taxes
- $509
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyLots and land listings in Downers Grove, IL
Average List Price $441,085
Percent of Sale Price 51%
About Downers Grove, IL 50,198 Population
0% Since 2002
$ 87,923 Median Income
43.9 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1539662 Elementary School
565743 Middle School
Hinsdale South High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/6/2026 | $900,000 | | Listed Price |