Lot 4 Lincoln-Way Drive Elwood, IL ^$ 150,000

Lot 4 Lincoln-Way Drive

^$ 150,000

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Lot 4 Lincoln-Way Drive

Elwood, IL, 60421

^$ 150,000

Studio Baths0.0

Monthly Estimate*

^$ 936

Lot 4 Lincoln-Way Drive, Elwood, IL 60421 - Image 1

Studio

Lots and Land for sale in Elwood, IL

for $150,000. The lot size is 2.79.

This lot is located in the heart of the new Commercial District on Mississippi Street which is the main street into town. Located across from the Dollar General and a strip mall with new shops in the area. The lot has high visibility with curbs and street cut in. This is a great area to start your business would be a great spot for a Medical Facility, Assisted Living or Nursing Home, Hardware Store, Grocery Store, Hardware Store, etc. Additional lots are available and can be purchased in multiple lots to create a larger parcel with Lot 3 Town Center. Elwood is in the Hub of the fast-growing area of warehousing which employs may workers. This shows high visibility off Rt. 53 and is close to expressways and the Abraham Lincoln Cemetary.

Lots and Land Active

Price

^$ 150,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 20

Style

Commercial

Lot Size

2.79

Town/City

Elwood

County/Region

Will

MLS | Web ID

12448520

Features

General

Utilities Electricity Nearby Natural Gas Nearby Sewer Connected Water Nearby

Possession Closing

Zoning COMMR

Township Jackson

Tax Year 2024

Current Use Commercial

Ownership Fee Simple

County Will

Property Type Land Land

Possible Use Commercial

Status Active

Directions Route 53 to Mississippi Ave. west to lot on the north side of Mississippi located east of the Elwood Village Hall and the corner of Lincoln Way Dr.

High School Joliet Central High School

City Elwood

High School District 204

MLS Area Elwood

Elementary School Elwood C C School

Tax Annual Amount 20

Middle/Junior High School Elwood C C School

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 203

Elementary School District 203

Interior

Basement None

Total Baths 0

Exterior

Water Source Community Water

Total Parking 0

Lot Dimensions 53X53X361X545X582

Lot Size Acres 2.79

Road Surface Type Asphalt

Frontage Length 106

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Cris Realty

Broker

rdudeck@msn.com

Affordability Calculator

$937

Per Month

Monthly Principal & Interest: $936
Monthly Property Taxes: $2
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Lots and land listings in Elwood, IL

Average List Price ^$570,169

Percent of Sale Price 280%

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.

1540344 Elementary School

1540748 Middle School

Joliet Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/18/2025	$150,000		Listed Price

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Lot 4 Lincoln-Way Drive, Elwood, IL, 60421 is a Lots and Land for sale at $150,000 with a lot size of 2.79. Lot 4 Lincoln-Way Drive is a studio with 0.0 baths. 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 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.

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 12/6/2025.

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Lot 4 Lincoln-Way Drive

Lots and Land for sale in Elwood, IL

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