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    OFF-MARKET
    Land

    Twp34N R10E, Elwood, IL 60421

    4.58 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.58-acre commercial land parcel presents a remarkable investment opportunity in Elwood, Illinois. Strategically located at the northwest corner of Route 53 and Mississippi Avenue, this property boasts unparalleled visibility for any business. Access is conveniently provided via Heritage Drive, ensuring easy ingress and egress. The property is offered fee simple, with an APN of 1011292060010000. Its prime location at a major intersection makes it ideal for a wide range of commercial ventures seeking high traffic exposure. The expansive lot size provides ample space for development, allowing for significant flexibility in design and construction. This is a rare opportunity to acquire a highly visible and strategically positioned commercial land parcel in a growing area. The asking price is $550,000. Don't miss this chance to secure a prominent location for your business. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Detailed site plans and surveys are available upon request. This property is situated in Will County, Illinois, with a zip code of 60421. The coordinates are 41.4057538 latitude and -88.1096118 longitude.

    Property profile
    Verified
    Property type Land
    Lot 4.58 ac (199,505 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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