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Industrial Land Parcel
For Sale
Contact for pricing
Pending

23551 S Vetter Rd, Elwood, IL 60421

Approximately 9.31 acres zoned I-TB and offered for sale as industrial land.

Lot Size9.31 Acres
Days on Market111

Property Features for 23551 S Vetter Rd

General Information

Standard status Pending
Lot size 9.31 Acres
Property subtype Land
Zoning I-TB
Listing Agency: Cawley Chicago Commercial Real Estate
Listed By: Reinier Pranger · License #IL 475190302
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 29 at 5:07PM

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 Cawley Chicago Commercial Real Estate

Investment Insights

Based on property information with market context.

This offering presents approximately 9.31 acres of industrial land available for sale. The property is designated with I-TB zoning and is being marketed as a land parcel for industrial development.

The land is located at 23551 S Vetter Rd in Elwood, Illinois. The listing does not include details on existing structures or site improvements.

Prospective buyers should review the I-TB zoning designation and consult local requirements for intended development uses and site planning.

Key Highlights

  • Approximately 9.31 acres of land for sale
  • Zoned I‑TB
  • Offered at a sale price of $4,515,000

Property Analytics

Current Use

R&J M Construction ... Construction Company

Suggested Use

Top Pick Plumbing Service Auto Parts Store Grocery & Convenience Store Building Supply Parking Lot & Garage Bar & Pub

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

14
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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Approximately 9.31 acres zoned I-TB and offered for sale as industrial land.
Where is this industrial land located?
The property is located at 23551 S Vetter Rd Elwood, IL.
What are key features of this property?
This property features: Approximately 9.31 acres of land for sale; Zoned I‑TB; Offered at a sale price of $4,515,000
More about this property
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