2657 Ogden AveDowners Grove, IL 60515

Property Details for 2657 Ogden Ave

Lot size

2.01 AC

Property type

Commercial land

APN

08-01-304-036

APU

801304036

Description

This exceptional 0.878-acre commercial land parcel in Downers Grove, Illinois, presents a unique investment opportunity. Located at 2657 Ogden Avenue, this pad-ready site boasts unparalleled visibility, situated directly adjacent to the newly opened 122-room WoodSpring Suites extended-stay hotel (December 2023 opening). All wet and dry utilities are conveniently located at the lot line, simplifying development. The property is zoned PUD, permitting the construction of a restaurant with a drive-through, ideal for a building up to 4,900 square feet. Its strategic location provides easy access to major thoroughfares including Ogden Avenue, I-355, and I-88, ensuring high traffic volume and customer accessibility. Further enhancing its appeal, the Downers Grove Park District is developing regional youth and travel team sports facilities directly to the south, creating a vibrant and growing community. This property is offered for sale or through a build-to-suit arrangement. Attractive owner/developer financing options are available, and the developer can provide comprehensive support, including architectural/design services, planning assistance, and construction management. This is a truly exceptional opportunity to establish a thriving business in a high-demand location. The property's zip code is 60515, and it's situated in DuPage County.

• Alternative Use

  Use

  Valuation

  Residential

  $18,095,540

  Hospitality

  $16,575,417

  Educational

  $13,790,552

  Medical

  $14,264,831

  Retail

  $21,451,970

Location Insight

City

Downers Grove

County

Dupage

State

Illinois

Latitude

41.8037

Longitude

-88.0513

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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