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Elwood, IL

Elwood, IL Commercial Real Estate for Sale

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Joliet, IL Minooka, IL Manhattan, IL Wilmington, IL Shorewood, IL Morris, IL New Lenox, IL Crest Hill, IL

14 properties

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Construction Equipment Showroom & Shop

Updated: Jul 23

Construction Equipment Showroom & Shop

26336 Heritage Drive, Elwood, IL 60421

$3,495,000

3.29 AC lot

10,985 SF Lester Building completed in 2025 on 3.29 acres, with possibility to expand to 5.45 acres
C‑2 General Commercial zoning with special use PUD zoning with the Village of Elwood for small/mid‑sized construction equipment sales and limited repairs
Shop includes in‑floor radiant heat, 20' ceilings with 18' clear height, and 8" concrete floors plus a 23' x 70' wash bay with Hotsy 3,000 PSI washer
Showroom and offices: professional showroom, three private offices, service counter, customer waiting area, and two ADA‑compliant restrooms
Utilities and systems include fire sprinkler system, monitored fire alarm, security cameras/alarm, Starlink internet, and 208V 400‑amp three‑phase power

35 Acres in Intermodal Port

Updated: Dec 1, 2020

35 Acres in Intermodal Port

21241 W Schweitzer Road, Elwood, IL 60421

$6,585,000

35.00 AC lot

35 acre parcel
Located in the center of the Intermodal Port
Rare opportunity
Benefit from 3 entrances from Schweitzer Rd.
Near the bridge connecting Vetter Rd. and I‑80

Equipment Dealership Flex Facility

Equipment Dealership Flex Facility

26336 S HERITAGE DR, Elwood, IL 60421

Contact for pricing

10,985 sqft 3.29 AC lot

Nearly new 10,985 SF flex facility with showroom offices, high-clear shop, multiple overhead doors, and secure fenced yard.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Elwood Land Parcel For Sale

Elwood Land Parcel For Sale

Mississippi Ave - PAD 11, Elwood, IL 60421

Contact for pricing

11 sqft

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

47-Acre Rail-Served Land Parcel

47-Acre Rail-Served Land Parcel

Walter Strawn Drive - PAD 9, Elwood, IL 60421

Contact for pricing

47 sqft

47 acres of rail-served land with development potential.

Commercial Lot with High Visibility

Commercial Lot with High Visibility

Lot 11 East Mississippi Avenue, Elwood, IL 60421

$150,000

4.72 AC lot

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

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.

Industrial Land Parcel

Industrial Land Parcel

23551 S Vetter Rd, Elwood, IL 60421

Contact for pricing

9.31 AC lot

Approximately 9.31 acres zoned I-TB and offered for sale as industrial land.

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.

Elwood Land Near Intermodal Facilities

Elwood Land Near Intermodal Facilities

21150 W Noel Rd, Elwood, IL

Contact for pricing

38.49 AC lot

38.49 acres near UP and BNSF intermodal facilities.

35 Acre Parcel Near Intermodal

35 Acre Parcel Near Intermodal

21241 W Schweitzer Road, Elwood, IL 60421

$6,585,000

35.00 AC lot

35 acre commercial land parcel near the Intermodal Port.

Elwood Commercial Lot For Sale

Elwood Commercial Lot For Sale

Lot 3 Town Center Drive, Elwood, IL 60421

Contact for pricing

2.43 AC lot

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

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.

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.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in Elwood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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 sqft

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

Joliet Industrial Building For Sale

Joliet Industrial Building For Sale

3801 CenterPoint Way, Joliet, IL 60436

Contact for pricing

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

Commercial Land with High Traffic

Commercial Land with High Traffic

Minooka, IL 60410

Contact for pricing

Commercial land available with high traffic count.

Commercial Land For Sale

Commercial Land For Sale

Minooka, IL 60410

Contact for pricing

Commercial development land available, lots can be combined.

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

Value Estimation by Request

21.47 AC lot

107 Mississippi Ave

COMMERCIAL (GENERAL)

107 Mississippi Ave, Elwood, IL 60421

Value Estimation by Request

0.01 AC lot

210 Jackson St, Unit 2N

COMMERCIAL (GENERAL)

210 Jackson St, Elwood, IL 60421-6119

Unit 2N

Value Estimation by Request

1.06 AC lot

Schweitzer Rd

INDUSTRIAL - VACANT LAND

Schweitzer Rd, Elwood, IL 60421

Value Estimation by Request

1.38 AC lot

53 Ss St

VACANT COMMERCIAL LAND

53 Ss St, Elwood, IL 60421

$585,000

Estimated value

0.27 AC lot

21561 Mississippi Ave

INDUSTRIAL - VACANT LAND

21561 Mississippi Ave, Elwood, IL 60421-8002

$37,500,000

Estimated value

6.22 AC lot

21561 Mississippi Ave

INDUSTRIAL (GENERAL)

21561 Mississippi Ave, Elwood, IL 60421-8002

$44,000,000

Estimated value

20.34 AC lot

21505 Mississippi Ave

INDUSTRIAL (GENERAL)

21505 Mississippi Ave, Elwood, IL 60421-8002

$22,000,000

Estimated value

10.76 AC lot

Mississippi Ave

INDUSTRIAL - VACANT LAND

Mississippi Ave, Elwood, IL 60421

$22,000,000

Estimated value

3.33 AC lot

26416 Walton Dr

INDUSTRIAL (GENERAL)

26416 Walton Dr, Elwood, IL 60421-6110

$35,000,000

Estimated value

27.53 AC lot

Elwood, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Elwood, IL, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 11,043 square feet of properties for sale, with an estimated market value of $17,365,000.

Sale prices for business properties in Elwood, IL start at $150,000, averaging $3,473,000, 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	$2.3M

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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