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Elwood Commercial Lot For Sale
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Pending

Lot 3 Town Center Drive, Elwood, IL 60421

Commercial lot in Elwood's new Commercial District, high visibility.

Property SizeContact for details
Lot Size2.43 Acres
Days on Market1888

Property Features for Lot 3 Town Center Drive

General Information

Standard status Pending
Lot size 2.43 Acres
Property subtype Land
Zoning COMMR
Listing Agency: CRIS Realty
Listed By: Rosemarie Dudeck · License #IL
Source: Crexi
Added: Jun 20, 2021 Changed: Aug 8 Last Checked: Jul 24 at 9:37AM

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 commercial lot is situated in the heart of the new Commercial District on Mississippi Street in Elwood, positioned on the main street just off of Rt. 53, which experiences a daily traffic count of 5,900 vehicles. The surrounding area features industry and warehousing. Located across from a strip mall anchored by Silver Dollar Restaurant and other shopping venues, the lot is also adjacent to the Village of Elwood City Hall. The property is near the Abraham Lincoln National Cemetery for Veterans. Identified as Lot 3, it offers high visibility with curbs and a street cut-in. Utilities are nearby. The lot encompasses 105,818 square feet, equivalent to 2.43 acres. It is an ideal location to build a grocery store. Additional lots are available for purchase, and can be purchased in multiple lots. A backup package and survey are available.

Key Highlights

  • Located in the heart of the new Commercial District on Mississippi Street in Elwood.
  • High visibility location on the main street into town, just off Rt. 53, with a daily traffic count of 5,900 vehicles.
  • Located across from a Strip Mall anchored by Silver Dollar Restaurant and next to the Village of Elwood City Hall.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Bakery Law Firm Daycare Center (Bike/Boat/Book/etc) Store

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

11
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial lot in Elwood's new Commercial District, high visibility.
Where is this commercial land located?
The property is located at Lot 3 Town Center Drive 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: Located in the heart of the new Commercial District on Mississippi Street in Elwood.; High visibility location on the main street into town, just off Rt. 53, with a daily traffic count of 5,900 vehicles.; Located across from a Strip Mall anchored by Silver Dollar Restaurant and next to the Village of Elwood City Hall.
(815) 485-3401 Call to check price and availability
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