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ActiveMLS #: 127532911 / 2Get an accurate number
ActiveMLS #: 127532911 / 24.72 acres
$150,000
Lot 11 E Mississippi Avenue, Elwood IL, 60421
Est. payment: $795/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
4.72 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 features are a highly traveled area with high visibility located on a corner with curbs and street cut in. It has already been proposed for fast food and with all the exposure this corner lot would be ideal off a Rt. 53. This would make a great area with high exposure for a mini mart or convenience store, drive thru Coffee Shop, Funeral Home because it is close to the Abraham Lincoln Cemetary and close to the expressway. This area is growing and ready to develop with many industrial buildings already up and running in Center Point. Included with Lot 11 Mississippi is Out Lot D which is the Detention Easement. This is an additional 2.56 acres with Out lot D and lot 11 being 2.16 acres for a total of 4.72 acres. Also, there are additional lots are available in the downtown area of Elwood and can be purchased in multiple lots.
Location
Lot 11 E Mississippi Avenue, Elwood IL, 60421
- Township
- Jackson
- County
- Will
- Area
- Elwood
Exterior and lot
- Lot size
- 4.72 acres (474.81X96.64X452.13X199.16)
- Total parking
- 0
- Water
- Municipal 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
- $15 (2025)
- Ownership
- Fee Simple
Listing details
- MLS number
- 12753291
- Status
- Active
- Property type
- Land
- Town
- Elwood
- ZIP
- 60421
- Updated
- Sep 14, 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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