315 Oldfield Rd

20,908 / 0.48
Lot Size / Acres

Description

.48 acre! 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....48 acre! 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.
  1. Listed by Elaine Pagels • Berkshire Hathaway HomeServices Chicago
    P: (630)-640-2002 C: (630)-640-2002 epagels@bhhschicago.com
  2. Listed by Dan Wood • Berkshire Hathaway HomeServices Chicago
    P: (630)-640-3798 C: (630)-640-3798 danwood@bhhschicago.com

Property Details for 315 Oldfield Road

Area
Downers Grove
Township
Downers Grove
Ownership
Fee Simple
Num Of Parking Spaces
8.0
Air Conditioning Type
Central Air
Num of Interior Fireplaces
0
Heat/Fuel
Natural Gas
Architectural Style
Traditional
LISTING UPDATED: 03/13/2026 02:52 PM

Property Details for 315 Oldfield Road

StatusActive
MLS #12574901
Days on Market41
Taxes$2,841 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / 1.5 Story
Year Built-
Lot Size0.48 AC
CountyDuPage County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago
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Building Information for 315 Oldfield Road

Lot Size0.48 AC

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Principal and Interest

$2,063

Property Taxes

$237

HOA Dues

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Property Information for 315 Oldfield Road

General Information
School Information
  • Elementary School District: 63
  • Elementary School: Concord Elementary School
  • Jr High Middle School: Cass Junior High School
  • High School District: 86
  • High School: Hinsdale South High School
  • Middle Or Junior School District: 63
Addtl Parking Information
  • Parking Details: Gravel, Detached, Garage
Location and General Information
  • Frontage Length: 134
  • Frontage Type: City Street
Property Information
Interior Features
  • Num Of Rooms: 5
  • Bedrooms Total: 1
  • Basement Type: Unfinished, Full, Walk-Out Access
  • Air Conditioning: Central Air
  • Basement Bathrooms: No
  • Num of Baths: 2.0
Exterior Features
  • Backup Package: No
  • Type: 1.5 Story
Utilities / Equipment
  • Water: Well
  • Utilities: Electric to Site, Natural Gas Available
Property/Lot Information
  • Type Detached: 1.5 Story
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 134x340313
  • Approx Land Sq Footage: 20,971
  • Buildings on Land: Yes
  • Other Structures: Residence, House and Out Bldgs
  • Waterfront: No
  • Exterior Building Type: Concrete, Cedar
  • Construction: Concrete, Cedar
  • General Information: School Bus Service,Interstate Access
Property and Assessments
  • Possible Use: Multi-Family, Single Family
  • Buyer Financing: Conventional, FHA, VA, Assumption-VA, Cash
  • Public Document Count: 3
  • Document Date: 2026-03-06T15:28:00
  • Photos Count: 10
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Single Family
  • Known Existing Liens: None Known
  • Land Amenities: Fencing,Garbage Removal,Security Entrance
  • Rail Availability: None
  • Road Surface: Asphalt
  • Total Listed Lots Avail: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 315 Oldfield Road

DateEvent & SourcePriceAppreciation
Mar 6, 2026

Listed (Active)

MRED #12574901

$425,000
Mar 6, 2026

Listed (Active)

MRED #12574894

$425,000
Dec 20, 2013

Sold

MRED #08434217

$165,000
Dec 18, 2013

Sold (Public Record)

Public Record #391705083

$165,000
Oct 1, 2013

Pending

MRED #08434217

Sep 1, 2013

Listed (Active)

MRED #08434217

$179,900
DateEvent & SourcePrice
03/06/2026

Listed (Active)

MRED #12574901

$425,000
03/06/2026

Listed (Active)

MRED #12574894

$425,000
12/20/2013

Sold

MRED #08434217

$165,000
12/18/2013

Sold (Public Record)

Public Record #391705083

$165,000
10/01/2013

Pending

MRED #08434217

09/01/2013

Listed (Active)

MRED #08434217

$179,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 315 Oldfield Road

Taxable ValueLand$30,567Additions$46,025Total$76,592
Tax Record2024$2,841 ($237 / month)
Home Facts
Beds0Total Finished SqFt878 SqFtAbove Grade Finished SqFt878 SqFtStories1Lot Size18,731 SqFtStyleSingle Family ResidenceYear Built1907ZoningRCountyDUPAGEAPN10-05-203-005

Schools near 315 Oldfield Road

This home is within Cass School District 63.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Concord Elementary School
PublicPK to 4

Cass Jr High School
Public5 to 8

Hinsdale South High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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315 Oldfield Road is a 0.48 ac of land for sale in Darien, IL 60561. This property was listed for sale on March 6, 2026 by Berkshire Hathaway HomeServices Chicago, it's currently listed at $425,000. It has been on the market for a total of 41 days and was last sold on December 20, 2013. This listing's school districts are Cass School District 63, Hinsdale Twp Hsd 86 School District. Nearby schools include Concord Elementary School, Cass Jr High School and Hinsdale South High School. 315 Oldfield Road is a 1-bed, 2-bath, 0.48 ac of land on a 20,908 sq. ft. / 0.48 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/13/2026 02:52 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.