Listing provided courtesy of Berkshire Hathaway HomeServices ChicagoMREDas Distributed by MLSGrid- MLS# 12575445MLS Provider

325 Oldfield RoadDowners Grove, IL 60516

Vacant Land · 2 Full Baths · 1.30 Acres
$600,000 Active

325 Oldfield Road Overview

Time on Site:
115 days
Visits:
21

1.3 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. 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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325 Oldfield Road Facts & Features

  • Type Vacant Land
  • Lot 1.30 Acres

Details

General

School Information

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

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: DuPage
  • MLS Area Major: Downers Grove
  • Township: Downers Grove

Tax Information

  • Tax Annual Amount: $5,831.00
  • Tax Year: 2024

General Information

  • New Construction: No
  • Ownership: Fee Simple
  • Parcel Number: 1005203004
  • Possible Use: Multi-Family,Single Family
  • Property Type: Land
  • Special Listing Conditions: Standard
  • Zoning: SINGL

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 6

General Information

  • Basement: Unfinished, Concrete, Storage Space, Full
  • Cooling: Central Air
  • Fireplaces Total: 0
  • Heating: Natural Gas
  • Laundry Features: Electric Dryer Hookup,Common Area,Sink
  • Rooms Total: 12

Exterior

Parking Information

  • Parking Features: Gravel, Detached, Garage
  • Parking Total: 9

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 104
  • Frontage Type: City Street
  • Lot Size Acres: 1.3
  • Lot Size Dimensions: 104x312x130x97x60x100x32x100x132x200
  • Road Surface Type: Asphalt
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Wood, Vinyl Siding

General Information

  • Other Structures: Garage(s),Residence
  • Utilities: Electric to Site,Natural Gas Available,Water Nearby

325 Oldfield Road Neighborhood

Community

60516 (DOWNERS GROVE) Demographics

42
Median Age
3,694
Population Density (per sq. mile)
62%
College Educated
$96,409
Estimated Median Income
9,210
Estimated Total Home Owners
2,875
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

325 Oldfield Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

325 Oldfield Road Market Data

Based on the last 30 days in this zip code

$570,846
Average List Price
$269
Average Price per Square Foot
33
Properties Sold
60
Average Days on Market
67
Properties for Sale
Calculations provided by Reliance Network

325 Oldfield Road History

Date Event Value Agent
4/28/2026Source: MRED Status Change
Active
Elaine Pagels
Listing Agent
4/23/2026Source: MRED Added to Database
April 23, 2026
Elaine Pagels
Listing Agent
3/11/2026Source: MRED Status Change
Active
Elaine Pagels
Listing Agent
3/6/2026Source: MRED Added to Database
March 06, 2026
Elaine Pagels
Listing Agent