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    - PAD 9 Walter Strawn Dr Elwood, IL 60421

    For Sale
    Contact for pricing

    47 acres of rail-served land with development potential.

    Property size:
    47 SF
    Lot size:
    47.14 Acres

    Property Features for - PAD 9 Walter Strawn Dr

    General Information

    Size
    47 SF
    Lot size
    47.14 Acres

    Source: Dan Leahy Agent Dan Leahy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    47-Acre Rail-Served Land Parcel

    This property, identified as PAD 9, comprises 47.14 acres of land suitable for development. The site offers building capabilities up to 1 million square feet. It features direct rail service via the BNSF railway.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Pharmacy Auto Parts Store Department Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Will
    State
    Illinois
    Longitude
    -88.1130115
    Latitude
    41.3977301

    Nearby Similar for Sale

    • Contact for pricing

      Elwood Warehouse Space Available

      1,182,788 SF warehouse space for sale in Elwood, IL.
      20901 Walter Strawn Dr, Elwood, IL 60421
      View Details
    • $765,000
      2,953 SF

      Elwood Retail Investment Opportunity

      Prime location, versatile space, high ROI potential.
      430 Mississippi Ave, Elwood, IL 60421
      View Details

    FAQs

    What type of property is this?
    Land - 47 acres of rail-served land with development potential.
    Where is this land located?
    The property is located at - PAD 9 Walter Strawn Dr Elwood, IL.
    What are key features of this property?
    This property features: - 47.14 acres of land suitable for development; - Building capabilities up to 1 million square feet; - Direct rail-served via the BNSF
    (630) 691-0604
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    - PAD 9 Walter Strawn Dr 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
    - PAD 9 Walter Strawn Dr Elwood, IL 60421
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