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23550 S Vetter Road Elwood, IL $ 21,567,000
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$ 21,567,000 Get more info
23550 S Vetter Road
$ 21,567,000
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Share Save

23550 S Vetter Road

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

Monthly Estimate*

$ 134,550

23550 S Vetter Road, Elwood, IL 60421 - Image 1
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23550 S Vetter Road, Elwood, IL 60421 - Image 9
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 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.

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Farms/Ranches Active

Price

$ 21,567,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 14,016

Style

Industrial

Lot Size

27.3

Town/City

Elwood

County/Region

Will

MLS | Web ID

12425704
Features
General
Sewer Septic Tank
Utilities Electricity Available
Possession Closing
Zoning INDUS
Township Joliet
Tax Year 2022
Current Use Industrial
Ownership Fee Simple
Additional Parcels Description 1001300011000000
County Will
Property Type Farm Land
Possible Use Commercial Industrial Office
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

$135,718
Per Month
99%
1%
0%
Monthly Principal & Interest
$134,550
Monthly Property Taxes
$1,168
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
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Pricing History
DatePricePrice ChangeDescription
7/21/2025$21,567,000 Listed Price

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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

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