23550 S Vetter Road Elwood, IL $ 21,567,000
23550 S Vetter Road
$ 21,567,000
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23550 S Vetter Road

Elwood, IL, 60421
$ 21,567,000
Baths0.0

Monthly Estimate*

$ 132,792

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Studio

Farms/Ranches for sale in Elwood, IL

for $21,567,000. The lot size is 27.3.

Excellent Commercial / Industrial land opportunity within a half mile of the New Houbolt Road Bridge Extension and in very close proximity to the BNSF, UP and CN Railway Terminals. This property's key feature is its prime location in the middle of the CenterPoint Intermodal Center Corridor. The property consists of two parcels totaling approximately 27+ acres with over 960 feet of road frontage along Houbolt Rd. This is part of the CenterPoint Intermodal Heavy Haul Corridor also know as "inside the fence". Properties "inside the fence" have no weight limits for heavy haul trucks going to and from the Intermodal Rail Terminals and other nearby Truck Terminals. Most of this Heavy Industrial Zoned area is riddled with the obstruction of Underground Pipeline Utilities. One of the key features of this property is that it is one of the only parcels available that is completely pipeline free and ready for quick and easy development. There is currently a 2 story home and 2.94 acre pond on the property that the owner put in for recreation. The pond can be filled in should the new owner desire to do so. The Commercial potential of this property is immeasurable due to it's prime location. It is an approximate five minute drive time from Interstate 80 and less than ten minute drive time from Interstate 55. This prime location makes this property a great opportunity for logistics, warehousing, truck and trailer maintenance/repair services, etc. This property is surrounded by adjacent parcels already zoned Heavy Industrial in Joliet that are quickly being developed. Act soon while it is still available for your next development project.

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Farms/Ranches Active

Price

$ 21,567,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 14,016

Style

Industrial,Zoning Change Required

Lot Size

27.3

Town/City

Elwood

County/Region

Will

MLS | Web ID

12425704

Features
General
Sewer Septic Tank
Utilities Electric to Site
Possession Closing
Zoning INDUS
Township Joliet
Tax Year 2022
Current Use Industrial Zoning Change Required
Ownership Fee Simple
Additional Parcels Description 1001300011000000
County Will
Property Type Farm Land
Possible Use Commercial Industrial Office Zoning Change Required
Status Active
Directions Property located approximately halfway between CenterPoint Way and Schweitzer Road on Vetter. Vetter is now becoming Houbolt.
City Elwood
High School District 204
MLS Area Elwood
Tax Annual Amount 14016.94
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 203
Elementary School District 203
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Exterior
Parking Features Gravel
Water Source Well
Total Parking 0
Lot Dimensions 960 X 1240
Lot Size Acres 27.3
Road Surface Type Asphalt
Frontage Length 960
Frontage Type County Road Public Road
Waterfront Y/N Y
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Interior
Total Baths 0
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* Excluded Features
List By
Crosstown Realtors, Inc.

Broker

dennis@crosstownrealtors.com

Email

Affordability Calculator

$133,960
Per Month
99%
1%
0%
Monthly Principal & Interest
$132,792
Monthly Property Taxes
$1,168
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
565968 Elementary School
565651 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2025$21,567,000 Listed Price

Map


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23550 S Vetter Road, Elwood, IL, 60421 is a Farms/Ranches for sale at $21,567,000 with a lot size of 27.3. 23550 S Vetter Road is a studio with 0.0 baths. The property's zip code is 60421 which is in Elwood, IL