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.
Property Details
Price:
$900,000
MLS #:
MRD12576537
Status:
Active
Beds:
6
Baths:
2
Type:
Land
Neighborhood:
downersgrove
Listed Date:
Mar 4, 2026
See this Listing
Schools
School District:
86
Elementary School:
Concord Elementary School
Middle School:
Cass Junior High School
High School:
Hinsdale South High School
Interior
Bathrooms
2 Full Bathrooms
Heating
Natural Gas
Laundry Features
Common Area
Exterior
Architectural Style
Traditional
Construction Materials
Wood, Vinyl Siding
Other Structures
Garage(s), Residence
Parking Features
Asphalt, Detached, Garage
Parking Spots
4
Parking Total
4
Financial
Tax Year
2024
Taxes
$6,112
Map
Community
- Address400 Frontage Road Downers Grove IL
- CityDowners Grove
- CountyDuPage
- Zip Code60516
Market Summary
Current real estate data for Land in Downers Grove as of Jun 15, 2026
15
Land Listed
288
Avg DOM
$328,860
Avg List Price
Property Summary
- 400 Frontage Road Downers Grove IL is a Land for sale in Downers Grove, IL, 60516. It is listed for $900,000 and features 2 acres.
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Copyright 2026. All rights reserved.
400 Frontage Road
Downers Grove, IL


