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Active Under ContractMLS #: 12448511Get an accurate number
Active Under ContractMLS #: 124485112.43 acres
$150,000
Lot 3 Town Center Drive, Elwood IL, 60421
Est. payment: $795/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
2.43 acres
Property type
Land
Listed by Rosemarie Dudeck with CRIS Realty
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
This commercial lot is located in the heart of the Elwood Commercial District on Mississippi Street which is the main street into town. This would make an ideal location for a Grocery Store, Hardware Store, Assisted Living, Medical Facility, etc. Located across from a strip mall and next to the Village of Elwood City Hall. This is the ideal place to start a business with high visibility curbs and street cut in and utilities are nearby. Additional lots are available for purchase can be purchase in multiple lots. Elwood is in the hub of the growing area of employment with warehousing and off Rt. 53 which is a major highway. Close to expressways.
Location
Lot 3 Town Center Drive, Elwood IL, 60421
- Township
- Jackson
- County
- Will
- Area
- Elwood
Exterior and lot
- Lot size
- 2.43 acres (217X360X121X361)
- Total parking
- 0
- Water
- Community Water
- Utilities
- Electricity Nearby, Natural Gas Nearby, Sewer Connected, Water Nearby
Schools
- Elementary
- Elwood C C School
- Elementary district
- 203
- Middle
- Elwood C C School
- Middle district
- 203
- High school
- Joliet Central High School
- High school district
- 204
Taxes and ownership
- Annual taxes
- $17 (2025)
- Ownership
- Fee Simple
- Possession
Listing details
- MLS number
- 12448511
- Status
- Active Under Contract
- Property type
- Land
- Town
- Elwood
- ZIP
- 60421
- Updated
- Sep 8, 2026
Estimate your payment
Term, years
Your monthly payment will be
$795
Principal, interest, and estimated taxes.
Loan $120,000 Down $30,000
- Principal and interest
- $794
- Property taxes (2025, per the listing)
- $1
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 22, 2026, 9:44 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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