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    Elwood, IL

    Elwood, IL Commercial Real Estate for Sale

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    Joliet, IL Channahon, IL Wilmington, IL Manhattan, IL Rockdale, IL Shorewood, IL Morris, IL Crest Hill, IL
    12 properties
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    Flex Space with Fenced Yard
    Updated: Jul 23
    Flex Space with Fenced Yard

    26336 Heritage Drive, Elwood, IL 60421

    $3,495,000
    3.29 AC lot
    10,985 SF flex facility on 3.29 acres
    Approximately 2.17 +/- acres of secure fenced yard space
    Shop features approximately 20' ceilings with 18' clear height and 8" concrete floors
    23' x 70' wash bay with Hotsy 3,000 PSI hot water pressure washer
    208V 400‑amp three‑phase power, fire sprinkler, and monitored alarm systems
    View details
    Industrial Land with Three Entrances
    Updated: Dec 1, 2020
    Industrial Land with Three Entrances

    21241 W Schweitzer Road, Elwood, IL 60421

    $6,585,000
    35.00 AC lot
    35 acres of industrial land
    AGRIC zoning
    Three entrances from Schweitzer Road
    Located within the Intermodal Port area
    Near the bridge connecting Vetter Road and I‑80
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    Showroom with Equipment Service Facilities
    Showroom with Equipment Service Facilities

    26336 Heritage Dr, Elwood, IL 60421

    $3,495,000
    10,985 sqft 3.29 AC lot

    C-2 commercial zoning and special-use approval support equipment sales, limited repairs, and related commercial operations.

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    See what stands out in Will County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Intermodal Industrial Land Parcel
    Intermodal Industrial Land Parcel

    21241 W Schweitzer Road, Elwood, IL 60421

    $6,585,000
    35.00 AC lot

    35-acre industrial land parcel with three entrances from Schweitzer Road near the Intermodal Port bridge access.

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    Elwood Commercial Lot For Sale
    Elwood Commercial Lot For Sale

    Lot 3 Town Center Dr, Elwood, IL 60421

    $150,000
    2.43 AC lot

    Commercial lot in Elwood's new Commercial District, high visibility.

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    Will County Land For Sale
    Will County Land For Sale

    24026 S Rowell Rd, Elwood, IL

    Contact for pricing
    39.29 AC lot

    39.29 acres of A-1 zoned land in Illinois.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Commercial Land with Corner Visibility
    Commercial Land with Corner Visibility

    Sec29 Heritage Dr, Elwood, IL 60421

    $550,000

    Commercial land totaling 4.58 acres with access from Heritage Drive and northwest corner visibility at Rt. 53 and Mississippi Ave.

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    Agricultural Land with Route Frontage
    Agricultural Land with Route Frontage

    Lot 1 State Route 53, Elwood, IL 60421

    $250,000

    A-1-zoned farmland with roadway exposure and access to regional employment, entertainment, and transportation destinations.

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    Elwood Land Parcel For Sale
    Elwood Land Parcel For Sale

    CenterPoint Intermodal Center - Joliet/Elwood (CIC), Elwood, IL 60421

    Contact for pricing

    11.5 acre land parcel in Elwood, Illinois available for sale.

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    47-Acre Rail-Served Land Parcel
    47-Acre Rail-Served Land Parcel

    CenterPoint Intermodal Center - Joliet/Elwood (CIC), Elwood, IL 60421

    Contact for pricing

    47 acres of rail-served land with development potential.

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    Elwood Corner Commercial Lot
    Elwood Corner Commercial Lot

    11 E Mississippi Ave, Elwood, IL 60421

    Contact for pricing
    2.17 AC lot

    Corner commercial lot in high-traffic area, ideal for development.

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    Commercial Lot in High-Visibility Area
    Commercial Lot in High-Visibility Area

    Lot 4 Lincoln-Way Drive, Elwood, IL 60421

    Contact for pricing

    Commercial lot in Elwood's new district with high visibility.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Elwood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Joliet Land for Sale
    Joliet Land for Sale

    116 Zipf Road, Joliet, IL 60433

    Contact for pricing

    197 acres near I-80 interchange, suitable for development.

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    Joliet Industrial Building For Sale
    Joliet Industrial Building For Sale

    CenterPoint Intermodal Center - Joliet/Elwood (CIC), Joliet, IL 60436

    Contact for pricing

    485,476 SF industrial building in CenterPoint Intermodal Center campus.

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    Commercial Land with High Traffic
    Commercial Land with High Traffic

    Minooka, IL 60410

    Contact for pricing

    Commercial land available with high traffic count.

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    Commercial Land For Sale
    Commercial Land For Sale

    Minooka, IL 60410

    Contact for pricing

    Commercial development land available, lots can be combined.

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    Off-Market Properties in Elwood, IL

    Consider similar Off-Market properties in Elwood, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    20900 Noel Rd
    INDUSTRIAL (GENERAL)

    20900 Noel Rd, Elwood, IL 60421-9602

    Estimated value:
    by Request
    21.47 AC lot
    View details
    107 Mississippi Ave
    COMMERCIAL (GENERAL)

    107 Mississippi Ave, Elwood, IL 60421

    Estimated value:
    $260,000
    0.01 AC lot
    View details
    210 Jackson St, Unit 2N
    COMMERCIAL (GENERAL)

    210 Jackson St, Elwood, IL 60421-6119

    Unit 2N
    Estimated value:
    $265,000
    1.06 AC lot
    View details
    Schweitzer Rd
    INDUSTRIAL - VACANT LAND

    Schweitzer Rd, Elwood, IL 60421

    Estimated value:
    $295,000
    1.38 AC lot
    View details
    53 Ss St
    VACANT COMMERCIAL LAND

    53 Ss St, Elwood, IL 60421

    Estimated value:
    $585,000
    0.27 AC lot
    View details
    21561 Mississippi Ave
    INDUSTRIAL - VACANT LAND

    21561 Mississippi Ave, Elwood, IL 60421-8002

    Estimated value:
    $37,500,000
    6.22 AC lot
    View details
    21561 Mississippi Ave
    INDUSTRIAL (GENERAL)

    21561 Mississippi Ave, Elwood, IL 60421-8002

    Estimated value:
    $44,000,000
    20.34 AC lot
    View details
    21505 Mississippi Ave
    INDUSTRIAL (GENERAL)

    21505 Mississippi Ave, Elwood, IL 60421-8002

    Estimated value:
    $22,000,000
    10.76 AC lot
    View details
    Mississippi Ave
    INDUSTRIAL - VACANT LAND

    Mississippi Ave, Elwood, IL 60421

    Estimated value:
    $22,000,000
    3.33 AC lot
    View details
    26416 Walton Dr
    INDUSTRIAL (GENERAL)

    26416 Walton Dr, Elwood, IL 60421-6110

    Estimated value:
    $35,000,000
    27.53 AC lot
    View details
    Walter Strawn Dr
    INDUSTRIAL - VACANT LAND

    Walter Strawn Dr, Elwood, IL 60421

    Estimated value:
    $300,000
    9.66 AC lot
    View details
    Walter Strawn Dr
    INDUSTRIAL - VACANT LAND

    Walter Strawn Dr, Elwood, IL 60421

    Estimated value:
    $300,000
    8.97 AC lot
    View details

    Elwood, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Elwood, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 10,985 square feet of properties for sale, with an estimated market value of $21,110,000.

    Sale prices for business properties in Elwood, IL start at $150,000, averaging $3,015,714, and reaching up to $6,585,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,786
    Population Growth (5Y) -1.5%
    Median Household Income $101,818
    College Educated 25.8%

    High-Yield Neighborhoods for Investment

    Identify Elwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60421 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 9.04%
    Property Tax per SF $57.13 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

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