Lot 11 East Mississippi Avenue Elwood, IL 60421
Corner commercial lot in high-traffic area, ideal for development.
Type:Land
Lot size:
4.72 Acres- Added:
- Jul 15, 2025
- Days on Market:
- 276
- Last Refresh:
- Mar 13 at 3:14 pm
Property Features for Lot 11 East Mississippi Avenue
General Information
- Standard status
- Active
- Lot size
- 4.72 Acres
- Property subtype
- Land
Listing agent Rosemarie Dudeck License #475121840 (815) 354-5632
Listing office CRIS Realty (815) 354-5632
Listing date Jul 15, 2025
Source Compass
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Overview
Commercial Lot with High Visibility
This commercial lot is situated in a highly traveled area with high visibility on a corner location, complete with curbs and street cuts. The property has been proposed for fast food and, given its exposure, is considered ideal off Route 53. Potential business uses include a mini mart or convenience store, a drive-thru coffee shop, or a funeral home due to its proximity to the Abraham Lincoln Cemetery and the expressway. The area is experiencing growth and is ready for development, with several industrial buildings already operational in Center Point. Included with Lot 11 Mississippi is Out Lot D, which is the Detention Easement. Lot 11 comprises 2.16 acres, and Out Lot D adds an additional 2.56 acres, resulting in a total of 4.72 acres. Additional lots are available in the downtown area of Elwood and can be purchased in multiple lots.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Elwood
- County
- Will
- State
- Illinois
- Longitude
- -88.112566
- Latitude
- 41.4042941
Nearby Similar for Sale
FAQs
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 Lot 11 East Mississippi Avenue 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‑visibility corner lot in a highly traveled area off Rt. 53; Approved for fast food development; Total of 4.72 acres (Lot 11 Mississippi and Out Lot D)
