Elwood Corner Commercial
For Sale
Contact for pricing
11 E Mississippi Ave, Elwood, IL 60421
Corner commercial lot in high-traffic area, ideal for development.
Property SizeContact for details
Lot Size2.17 Acres
Days on Market1888
Property Features for 11 E Mississippi Ave
General Information
Standard status
Active
Lot size
2.17 Acres
Property subtype
Land
Zoning
COMMR
Listing Agency:
CRIS Realty
(815) 485-3401
Listed By:
Rosemarie Dudeck · License #IL
Source:
Crexi
Added: Jun 20, 2021
Changed: Aug 8
Last Checked: Aug 19 at 11:02PM
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 CRIS Realty
Investment Insights
Based on property information with market context.
This corner commercial lot is situated in a high-traffic area, offering high visibility with existing curbs and street cuts. Located at the corner of Route 53 and Mississippi Avenue, the property benefits from an estimated daily traffic count of 5,900 vehicles. The lot provides 2.17 acres of buildable land. The location has been previously proposed for a fast-food establishment, suggesting its suitability for similar ventures. The area is experiencing growth and is ready for further development, with several light industrial buildings already operational. There are ongoing building projects in the vicinity. Additional lots are available in this area, presenting further development opportunities.
Key Highlights
- High‑traffic corner lot location at the intersection of Rt. 53 and Mississippi, ensuring high visibility.
- 2.17 acres of buildable land suitable for development.
- Located in a growing area with existing light industrial buildings and ongoing construction projects.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Corner commercial lot in high-traffic area, ideal for development.
Where is this commercial land located?
The property is located at 11 E Mississippi Ave Elwood, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: High‑traffic corner lot location at the intersection of Rt. 53 and Mississippi, ensuring high visibility.; 2.17 acres of buildable land suitable for development.; Located in a growing area with existing light industrial buildings and ongoing construction projects.
