23550 S Vetter Road, Elwood, IL
$ 18,427,500
Property Attributes
  • MLS#11715078
  • TypeFarm
  • CountyWILL
  • CityElwood
  • AreaElwood
  • Zip60421
  • StyleIndustrial,Zoning Change Required
  • Taxes$ 14016
  • Price$ 18,427,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size27.3 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

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.

Price History
2/8/2023 Listed $1

General Features

Additional Parcels Y/N Yes
City Elwood
County Will
Current Use Industrial, Zoning Change Required
Days on Market 296
Directions Property located approximately halfway between CenterPoint Way and Schweitzer Road on Vetter. Vetter is now becoming Houbolt.
Elementary School District 203
High School District 204
MLS Area Elwood
Middle/Junior School District 203
Percent Ownership Fee Simple
Possession Closing
Possible Use Commercial, Industrial, Office and Research, Zoning Change Required
Property Type Farm
Property Type Land
Standard Status Active
Status Price Change
Street Name Vetter
Tax Annual Amount 14016.94
Tax Year 2021
Township Channahon
Utilities Electric to Site, Septic-Private, Well Private
Waterfront Y/N Yes
Zoning INDUS

Interior Features

Street Suffix Road

Exterior Features

Frontage Length 960
Frontage Type County Road, Public Road
Lot Dimensions 960 X 1240
Lot Size Acres 27.3
Road Surface Type Asphalt


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Farm Average in 60421

AVG $6.73M
AVG $5,138
AVG 275
Data Provided by Inside Real Estate®