$150,000

Lot 11 E Mississippi Ave Elwood, IL 60421

Estimated payment $968/month

Total Views 696
4.72 Acres
$31,780 Price per Acre
205,603 Sq Ft Lot

About This Lot

This commercial lot features are a highly traveled area with high visibility located on a corner with curbs and street cut in. It has already been proposed for fast food and with all the exposure this corner lot would be ideal off a Rt. 53. This would make a great area with high exposure for a mini mart or convenience store, drive thru Coffee Shop, Funeral Home because it is close to the Abraham Lincoln Cemetary and close to the expressway. This area is growing and ready to develop with many industrial buildings already up and running in Center Point. Included with Lot 11 Mississippi is Out Lot D which is the Detention Easement. This is an additional 2.56 acres with Out lot D and lot 11 being 2.16 acres for a total of 4.72 acres. Also, there are additional lots are available in the downtown area of Elwood and can be purchased in multiple lots.

Listing Agent

Rosemarie Dudeck

CRIS Realty License #475121840 Listed on: 08/18/2025

Property Details

Property Type

  • Land

Lot Details

  • 4.72 Acre Lot
  • Lot Dimensions are 474.81x96.64x452.13x199.16
  • Property fronts a highway
  • Corner Lot
  • Additional Parcels
  • Property is zoned COMMR

Schools

  • Elwood C C Elementary And Middle School
  • Joliet Central High School

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: Interstate Access
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None
  • Possible Use: Commercial
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: US Highway
  • List Price: 150000
  • Waterfront: No

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Connected, Water Nearby
  • Water Source: Municipal Water

Schools

  • Elementary School: Elwood C C School
  • High School: Joliet Central High School
  • Middle/Junior School: Elwood C C School
  • Middle/Junior School District: 203

Lot Info

  • Additional Parcels Description: 1011292050010000
  • Additional Parcels: Yes
  • Lot Size Acres: 4.72
  • Lot Dimensions: 474.81X96.64X452.13X199.16
  • Zoning: COMMR
  • Lot Size: 4.0-4.99 Acres
  • Special Assessments: U
  • Subdivision Lot Number: 11 and D
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Estimated Land Sq Ft: 94446
  • Land Description: Cleared,Irregular,Level
  • Total Listed Lots Avail: 2

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 15
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $150,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12448529

Midwest Real Estate Data (MRED)