Address
23550 S Vetter Road, Elwood, IL
Price
$ 18,427,500
Property Attributes
  • MLS#11716081
  • TypeIndustrial
  • CountyWILL
  • CityElwood
  • AreaElwood
  • Zip60421
  • Style
  • Year Built1999
  • Taxes$ 14016
  • Price$ 18,427,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size27.3 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Excellent commercial/industrial land opportunity within a half mile of the Houbolt Road bridge extension (opening March 2023) in the CenterPoint Intermodal Center corridor. Property consists of two parcels, totaling approximately 27 acres, with about 960 feet of frontage on Vetter Rd. Due to the opening of the bridge extension, Vetter Rd has officially become Houbolt Rd. There is a 2 story home and 2.94 acre pond on the property that the owner put in himself for recreation. The pond can be filled in, should the new owner desire to do so. The commercial potential of this property is immeasurable. The Houbolt Rd bridge will lead right to the frontage of this property, making this a great opportunity for logistics, warehousing, truck maintenance companies, etc. This property has already been annexed to Joliet.

Price History
2/9/2023 Listed $1

General Features

Cooling Central Air
Zoning COMMR
Year Built 1999
Electric Power - 120V
Tenant Pays Insurance
Tax Year 2021
County Will
Operating Expense 14016
Property Type Commercial Sale
Status Active
Directions Halfway between CenterPoint Way and Schweitzer Rd on Vetter Rd (Now Houbolt).
City Elwood
MLS Area Elwood
Lot Size Square Feet 1189188
Street Name Vetter
Tax Annual Amount 14016
Additional Parcels Y/N Yes
Days on Market 301
Standard Status Active
Property Type Industrial

Interior Features

Street Suffix Road

Exterior Features

Lot Dimensions 960 X 1240
Lot Size Acres 27.3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Industrial Average in 60421

Price
AVG $9.21M
$18.43M
Taxes
AVG $14,016
$14,016
Visits
AVG 187
358
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1999