For Sale
$175,000

4 Lincoln-Way Dr Elwood, IL 60421

High-visibility lot, ideal for business.

Overview

Added:
Dec 11, 2024
Days on market:
127
This 2.79-acre commercial lot, located at Lot 4 Lincoln-Way Drive in Elwood, Illinois (zip code 60421), is priced to sell at $175,000. Situated in the heart of Elwood's new commercial district on Mississippi Street, this property boasts exceptional visibility, being directly across from a strip mall and the Silver Dollar Restaurant, and adjacent to the Village Hall. The lot benefits from existing infrastructure, including curbs and a street cut-in, minimizing development costs. Daily traffic counts on Route 53 reach 5900 vehicles, ensuring high exposure for any business established here. The property is zoned COMMR, allowing for a variety of commercial uses

Highlights

  • 2.79-acre commercial lot in Elwood, IL (60421) priced at $175,000.
  • High-visibility location in Elwood's new commercial district, across from a strip mall and restaurant, adjacent to Village Hall.
  • Existing infrastructure (curbs, street cut-in) reduces development costs.
  • High traffic counts (5900 vehicles daily on Route 53) ensure excellent exposure.
  • COMMR zoning allows for diverse commercial uses.

Property Details for 4 Lincoln-Way Dr

Property type
Land
Lot Size (sq. ft)
121,532 SF

Location Insight

City
Elwood
County
Will
State
Illinois
Latitude
41.406757060114
Longitude
-88.103956141375
4 Lincoln-Way Dr, Elwood, Illinois

FAQs

What type of property is this?
Land - High-visibility lot, ideal for business.
Where is the land located?
The property is located at 4 Lincoln-Way Dr Elwood, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2.79-acre commercial lot in Elwood, IL (60421) priced at $175,000.; High-visibility location in Elwood's new commercial district, across from a strip mall and restaurant, adjacent to Village Hall.; Existing infrastructure (curbs, street cut-in) reduces development costs.
How can I contact the broker?
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4 Lincoln-Way Dr
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