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Agricultural Land with Route Frontage
For Sale
$250,000

Lot 1 State Route 53, Elwood, IL 60421

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

Property SizeContact for details
Days on Market1078

Property Features for Lot 1 State Route 53

General Information

Standard status Active
Property subtype Farm

Taxes and HOA fees

Annual Taxes $113
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Jonathan Darin · License #475138794
Source: Exprealty
Added: Sep 21, 2023 Changed: Sep 2 Last Checked: Sep 1 at 11:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

This agricultural land parcel encompasses just under 5 acres and fronts State Route 53 in Elwood. The property is currently zoned A-1 and occupies a curved section of the roadway, providing a defined roadside position.

The site is south of Manhattan Road and minutes from Autobahn, Chicagoland Speedway, Interstates 80 and 55, ExxonMobil, and downtown Elwood. Its location places the parcel within reach of established transportation routes, employment uses, entertainment venues, and the local downtown area.

Key Highlights

  • Just under 5 acres of agricultural land
  • Frontage on State Route 53 in Elwood
  • Currently zoned A‑1

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Restaurant Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 60421, IL

3,734
Population
1,645
Households
2.3
Avg Household Size
45
Median Age
18%
College-Educated
96%
High-School Grad
59.8 sq mi
ZIP Area
62
Density / Sq Mi
$101,818
Median Household Income
$51,306
Median Earnings
$989
Median Rent
$251,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - A-1-zoned farmland with roadway exposure and access to regional employment, entertainment, and transportation destinations.
Where is this agricultural land / farmland located?
The property is located at Lot 1 State Route 53 Elwood, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Just under 5 acres of agricultural land; Frontage on State Route 53 in Elwood; Currently zoned A‑1
More about this property
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