There are multiple listings for this address:
325 Oldfield Road
Downers Grove, IL, 60516
$600,000
6 Beds
2 Baths
0 SqFt
1.3 Acres
Add
MLS #MRD12575445 image #0
A rare multi-unit opportunity situated on an expansive 1.3-acre parcel, this property offers significant renovation and investment potential in a highly desirable location. The building requires substantial updating and is being sold as-is; due to its current condition, the property will not qualify for FHA financing. The building features two well-proportioned units, each offering three bedrooms and one full bathroom, making it ideal for investors, owner-occupants, or those seeking flexible living arrangements. The shared basement includes two sets of washers and dryers, storage space, adding convenience and efficiency for both units. The exterior amenities further enhance the property’s appeal, highlighted by a detached four-car garage offering ample space for vehicles, storage, or hobby use. The oversized lot provides a unique sense of privacy and opens the door for future possibilities, whether expansion, redevelopment, or simply enjoying the additional land. With strong rental potential, generous acreage, and versatile use options, this is a compelling opportunity for buyers looking to secure a multi-unit property with both stability and growth potential. Exceptional location with quick access to major expressways, highly rated schools, premier shopping and dining, airports. Move Confidently.

Property Details

Price:
$600,000
MLS #:
MRD12575445
Status:
Active
Beds:
6
Baths:
2
Type:
Land
Neighborhood:
downersgrove
Listed Date:
Mar 4, 2026
TraditionalDowners GroveDownersgroveConcord Elementary SchoolCass Junior High SchoolHinsdale South High School

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Schools

School District:
86
Elementary School:
Concord Elementary School
Middle School:
Cass Junior High School
High School:
Hinsdale South High School

Interior

Heating
Natural Gas

Exterior

Architectural Style
Traditional
Community Features
Street Lights, Street Paved
Construction Materials
Vinyl Siding
Garage Spaces
4
Lot Features
Irregular Lot
Other Structures
RV/Boat Storage
Parking Features
Garage Door Opener, Heated Garage, Yes, Garage Owned, Detached, Unassigned, Off Street, Driveway, Owned, Garage
Parking Spots
8
Parking Total
8
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$5,436

Map

Community

Market Summary

Current real estate data for Land in Downers Grove as of Oct 05, 2026
18
Land Listed
278
Avg DOM
$468,722
Avg List Price

Property Summary

    325 Oldfield Road Downers Grove IL is a Land for sale in Downers Grove, IL, 60516. It is listed for $600,000 and features 1 acres.

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325 Oldfield Road
Downers Grove, IL
325 Oldfield Road
Downers Grove, IL, 60516
$600,000
6 Beds
2 Baths
0 SqFt
1.3 Acres
Add
MLS #MRD12627166 image #0
A rare multi-unit opportunity situated on an expansive 1.3-acre parcel, this property offers significant renovation and investment potential in a highly desirable location. The building requires substantial updating and is being sold as-is; due to its current condition, the property will not qualify for FHA financing. The building features two well-proportioned units, each offering three bedrooms and one full bathroom, making it ideal for investors, owner-occupants, or those seeking flexible living arrangements. The shared basement includes two sets of washers and dryers, storage space, adding convenience and efficiency for both units. The exterior amenities further enhance the property’s appeal, highlighted by a detached four-car garage offering ample space for vehicles, storage, or hobby use. The oversized lot provides a unique sense of privacy and opens the door for future possibilities, whether expansion, redevelopment, or simply enjoying the additional land. With strong rental potential, generous acreage, and versatile use options, this is a compelling opportunity for buyers looking to secure a multi-unit property with both stability and growth potential. Exceptional location with quick access to major expressways, highly rated schools, premier shopping and dining, airports. Move Confidently.

Property Details

Price:
$600,000
MLS #:
MRD12627166
Status:
Active
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
downersgrove
Listed Date:
Apr 22, 2026
TraditionalDowners GroveDownersgroveConcord Elementary SchoolCass Junior High SchoolHinsdale South High School

Ask a Question

See this Listing

Send
  

Schools

School District:
86
Elementary School:
Concord Elementary School
Middle School:
Cass Junior High School
High School:
Hinsdale South High School

Interior

Heating
Natural Gas

Exterior

Architectural Style
Traditional
Community Features
Street Lights, Street Paved
Construction Materials
Vinyl Siding
Garage Spaces
4
Lot Features
Irregular Lot
Other Structures
RV/Boat Storage
Parking Features
Garage Door Opener, Heated Garage, Yes, Garage Owned, Detached, Unassigned, Off Street, Driveway, Owned, Garage
Parking Spots
8
Parking Total
8
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$5,436

Map

Community

Market Summary

Current real estate data for Multi Family in Downers Grove as of Oct 05, 2026
18
Multi Family Listed
278
Avg DOM
$468,722
Avg List Price

Property Summary

    325 Oldfield Road Downers Grove IL is a Multi Family for sale in Downers Grove, IL, 60516. It is listed for $600,000

Similar Listings Nearby