For Sale
$18,427,500

23550 Vetter Rd Elwood, IL 60421

27 Acres, Excellent Location, High Potential

Overview

Added:
Feb 3
Days on market:
78
This exceptional 27.3-acre commercial/industrial land opportunity presents an unparalleled investment prospect. Strategically located in Elwood, Illinois, this property boasts approximately 960 feet of frontage on Vetter Road (now Houbolt Road), directly benefiting from the recently opened Houbolt Road bridge extension (March 2023). Situated within the CenterPoint Intermodal Center corridor, this site offers immediate access to major transportation arteries, making it ideal for logistics, warehousing, and trucking-related businesses. The property comprises two parcels and includes a two-story home and a 2.94-acre pond, which can be filled in to accommodate future development plans. The pond was personally installed by the current owner for recreational purposes. The annexation to Joliet further enhances the property's value and development potential. This prime location, coupled with its significant size and direct access to the Houbolt Road bridge, ensures exceptional visibility and accessibility for any commercial or industrial enterprise. The immeasurable commercial potential makes this a truly unique and highly sought-after opportunity.

Property Details for 23550 Vetter Rd

Property type
Commercial real estate
Year Built
1999
Lot Size (sq. ft)
1,189,188 SF

Location Insight

City
Elwood
County
Will
State
Illinois
Latitude
41.45607
Longitude
-88.14957

FAQs

What type of property is this?
Commercial real estate - 27 Acres, Excellent Location, High Potential
Where is the commercial real estate located?
The property is located at 23550 Vetter Rd Elwood, IL.
What is the asking price?
The asking price for this property is $18,427,500.
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23550 Vetter Rd
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