# 1340 83rd Street, Downers Grove, IL 60516 > **TL;DR:** land, $549,900. Est. $2,941/mo. Listed 64 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $549,900 | | Lot Size | 46,609 sqft (1.07 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 64 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,781 | | Estimated Insurance | $160 | | **Total** | **$2,941** | ## Property Highlights - 1.07 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 1340 83rd Street, Downers Grove, IL 60516 - **County:** DuPage - **Coordinates:** 41.736972, -88.01614 - **Google Maps:** https://www.google.com/maps?q=41.736972,-88.01614 ## Listing Agent - **Name:** Kathleen Meyer - **Brokerage:** Realty Executives Midwest - **Broker Phone:** (630) 969-8880 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1340-83rd-St_Downers-Grove_IL_60516_M85944-45305?f=listhub&s=MREDIL&m=12746265&c=propsimple) ## Photos ![1340 83rd Street - Photo 1](http://lh.rdcpix.com/271cd981a5c70f8da8372464d2f36d31l-f185097393r.jpg) ![1340 83rd Street - Photo 2](http://lh.rdcpix.com/271cd981a5c70f8da8372464d2f36d31l-f3871248970r.jpg) ![1340 83rd Street - Photo 3](http://lh.rdcpix.com/271cd981a5c70f8da8372464d2f36d31l-f2857779881r.jpg) ![1340 83rd Street - Photo 4](http://lh.rdcpix.com/271cd981a5c70f8da8372464d2f36d31l-f70605945r.jpg) ![1340 83rd Street - Photo 5](http://lh.rdcpix.com/271cd981a5c70f8da8372464d2f36d31l-f206373694r.jpg) ![1340 83rd Street - Photo 6](http://lh.rdcpix.com/271cd981a5c70f8da8372464d2f36d31l-f405386995r.jpg) ![1340 83rd Street - Photo 7](http://lh.rdcpix.com/271cd981a5c70f8da8372464d2f36d31l-f3608872842r.jpg) ![1340 83rd Street - Photo 8](http://lh.rdcpix.com/271cd981a5c70f8da8372464d2f36d31l-f1984113460r.jpg) ![1340 83rd Street - Photo 9](http://lh.rdcpix.com/271cd981a5c70f8da8372464d2f36d31l-f1832830740r.jpg) --- **MLS#:** 12746265 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1340-83rd-street-downers-grove-il-60516-d7dcec5af0f94b008cb2ea900289a6bb) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1340-83rd-street-downers-grove-il-60516-d7dcec5af0f94b008cb2ea900289a6bb#listing", "url": "https://staging.propertysimple.ai/listing/1340-83rd-street-downers-grove-il-60516-d7dcec5af0f94b008cb2ea900289a6bb", "name": "1340 83rd Street, Downers Grove, IL 60516", "description": "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. 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