Commercial Lot in High-Visibility
For Sale
Contact for pricing
Lot 4 Lincoln-Way Drive, Elwood, IL 60421
Commercial lot in Elwood's new district with high visibility.
Property SizeContact for details
Days on Market1888
Property Features for Lot 4 Lincoln-Way Drive
General Information
Standard status
Active
Property subtype
Land
Zoning
COMMR
Listing Agency:
CRIS Realty
(815) 485-3401
Listed By:
Rosemarie Dudeck · License #IL
Source:
Crexi
Added: Jun 20, 2021
Changed: Aug 8
Last Checked: Aug 19 at 10:17PM
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 located in the heart of the new Commercial District on Mississippi Street, the main street into town. Situated across from the Silver Dollar Restaurant, a strip mall, and new shops, and down from the Elwood Village Hall, the lot offers high visibility with curbs and street cuts already in place. The location is suitable for starting a business. Additional lots are available for purchase, potentially in multiple configurations. The traffic count on Route 53 is 5900 vehicles daily. The Village of Elwood stipulates that warehousing or storage facilities are not permitted; the lot must be used for commercial purposes. A grocery store is a potential business use for this location.
Key Highlights
- High‑visibility location on Mississippi Street, the main street into town.
- Located in the heart of the new Commercial District.
- High traffic count of 5900 vehicles daily on Rt. 53.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial lot in Elwood's new district with high visibility.
Where is this commercial land located?
The property is located at Lot 4 Lincoln-Way 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: High‑visibility location on Mississippi Street, the main street into town.; Located in the heart of the new Commercial District.; High traffic count of 5900 vehicles daily on Rt. 53.
