23550 S Vetter Road Elwood, IL ^$ 18,427,500

23550 S Vetter Road

^$ 18,427,500

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23550 S Vetter Road

Elwood, IL, 60421

^$ 18,427,500

Studio Baths0.0

Monthly Estimate*

^$ 128,722

23550 S Vetter Road, Elwood, IL 60421 - Image 1

23550 S Vetter Road, Elwood, IL 60421 - Image 2

23550 S Vetter Road, Elwood, IL 60421 - Image 3

23550 S Vetter Road, Elwood, IL 60421 - Image 4

23550 S Vetter Road, Elwood, IL 60421 - Image 5

23550 S Vetter Road, Elwood, IL 60421 - Image 6

23550 S Vetter Road, Elwood, IL 60421 - Image 7

23550 S Vetter Road, Elwood, IL 60421 - Image 8

23550 S Vetter Road, Elwood, IL 60421 - Image 9

Studio

Commercial Property for sale in Elwood, IL

for $18,427,500. This building was built in 1999 on a lot size of 27.3.

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.

Commercial Active

Price

^$ 18,427,500

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,016

Style

Lot Size

27.3

Year Built

1999

Town/City

Elwood

County/Region

Will

MLS | Web ID

11716081

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1999

Electric Power - 120V

Tenant Pays Insurance

Stories 0

Tax Year 2021

Gross Income 0

County Will

Net Operating Income 0

Operating Expense 14016

Property Type Commercial Sale Industrial

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 Y

Leasable Area 0

Days on Market 301

Standard Status Active

Exterior

Building Area Total 0

Lot Dimensions 960 X 1240

Lot Size Acres 27.3

Interior

Street Suffix Road

* Excluded Features

List By

Crosstown Realtors, Inc.

Broker

dennis@crosstownrealtors.com

Affordability Calculator

$129,890

Per Month

Monthly Principal & Interest: $128,722
Monthly Property Taxes: $1,168
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Elwood, IL

Average List Price ^$18,427,500

Percent of Sale Price 0%

About Elwood, IL

2,131 Population

33% Since 2002

^$67,748 Median Income

40.94 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/9/2023	$1		Listed Price

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23550 S Vetter Road, Elwood, IL, 60421 is a Commercial Property for sale at $18,427,500 with a lot size of 27.3. 23550 S Vetter Road is a studio with 0.0 baths and was built in 1999. The property's zip code is 60421 which is in Elwood, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/16/2024.

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23550 S Vetter Road

Commercial Property for sale in Elwood, IL

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