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    - PAD 11 Mississippi Ave Elwood, IL 60421

    For Sale
    Contact for pricing

    11.5 acre land parcel in Elwood, Illinois available for sale.

    Property size:
    11 SF
    Lot size:
    11.50 Acres

    Property Features for - PAD 11 Mississippi Ave

    General Information

    Size
    11 SF
    Lot size
    11.50 Acres

    Source: Dan Leahy Agent Dan Leahy

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

    Overview

    Elwood Land Parcel For Sale

    This 11.5-acre land parcel, identified as PAD 11, is situated on Mississippi Ave in Elwood, Illinois. The location is approximately 40 miles from Chicago, within the Nation's Largest Inland Port Development. The site allows for building capabilities up to 100,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Clothing Store Auto Repair Shop Pharmacy Wholesale Shop Skin Care Clinic Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Will
    State
    Illinois
    Longitude
    -88.0814735
    Latitude
    41.4092015

    Nearby Similar for Sale

    • Contact for pricing

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      View Details
    • $765,000
      2,953 SF

      Elwood Retail Investment Opportunity

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

    What type of property is this?
    Land - 11.5 acre land parcel in Elwood, Illinois available for sale.
    Where is this land located?
    The property is located at - PAD 11 Mississippi Ave Elwood, IL.
    What are key features of this property?
    This property features: - 11.5 acres of land suitable for building.; - Building capabilities up to 100,000 SF.; - Located in Elwood, IL.
    (630) 691-0604
    Request Owner's contact information
    - PAD 11 Mississippi Ave Elwood, IL 60421
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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
    - PAD 11 Mississippi Ave Elwood, IL 60421
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