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    21241 W Schweitzer Rd Elwood, IL 60421

    For Sale
    $6,585,000

    Land - Elwood, IL

    Lot size:
    35.00 Acres
    Days on Market:
    300
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 21241 W Schweitzer Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AGRIC
    APN
    1011061000280000
    Lot size
    35.00 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2406 [email protected]

    Listing agent Keith Conroy (815) 553-2406

    Listing date Feb 12, 2025

    MLS# 10944464 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    35 Acre Parcel in Elwood

    This is a rare opportunity to own a 35-acre parcel located in the center of the Intermodal Port in Elwood, IL. The property is situated on Schweitzer Road, near the bridge connecting Vetter Road and I-80. It features three entrances from Schweitzer Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Garden Center Carpet & Flooring Store Assisted Living Facility Plumbing Service Wholesale Shop Parking Facility Auto Parts Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Will
    State
    Illinois
    Longitude
    -88.130041
    Latitude
    41.463045

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    FAQs

    What type of property is this?
    Land - 35-acre parcel in the Intermodal Port area of Elwood, IL.
    Where is this land located?
    The property is located at 21241 W Schweitzer Rd Elwood, IL.
    What is the asking price?
    The asking price for this property is $6,585,000.
    What are key features of this property?
    This property features: - 35-acre parcel, offering substantial space.; - Located in the center of the Intermodal Port.; - Benefit from 3 entrances from Schweitzer Rd.
    (815) 553-2406
    Request Owner's contact information
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    Elwood, IL 60421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21241 W Schweitzer Rd Elwood, IL 60421
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