23550 S Vetter RD Elwood, IL 60421 Active

UPDATED: 04/25/2026 08:39 AM ON MARKET: 280 days on market

$21,567,000

27.30 Acres

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12425704

Annual Tax Amount $14,016

Tax Year 2022

Lot Size 27.300 Acres

Lot Dimensions 960 X 1240

Property Sub-Type Land

Location

State IL

County Will

Area Elwood

Zoning INDUS

Interior

Fireplace N

Exterior

Utilities Available Electric to Site

Building

Dwelling Type Land

Sewer Septic Tank

Water Well

Schools

School District 203 ,203, 204

Others

Ownership Fee Simple

Special Listing Condition None

Property Description

Excellent Commercial / Industrial land opportunity within a half mile of the New Houbolt Road Bridge Extension and in very close proximity to the BNSF, UP and CN Railway Terminals. This property's key feature is its prime location in the middle of the CenterPoint Intermodal Center Corridor. The property consists of two parcels totaling approximately 27+ acres with over 960 feet of road frontage along Houbolt Rd. This is part of the CenterPoint Intermodal Heavy Haul Corridor also know as "inside the fence". Properties "inside the fence" have no weight limits for heavy haul trucks going to and from the Intermodal Rail Terminals and other nearby Truck Terminals. Most of this Heavy Industrial Zoned area is riddled with the obstruction of Underground Pipeline Utilities. One of the key features of this property is that it is one of the only parcels available that is completely pipeline free and ready for quick and easy development. There is currently a 2 story home and 2.94 acre pond on the property that the owner put in for recreation. The pond can be filled in should the new owner desire to do so. The Commercial potential of this property is immeasurable due to it's prime location. It is an approximate five minute drive time from Interstate 80 and less than ten minute drive time from Interstate 55. This prime location makes this property a great opportunity for logistics, warehousing, truck and trailer maintenance/repair services, etc. This property is surrounded by adjacent parcels already zoned Heavy Industrial in Joliet that are quickly being developed. Act soon while it is still available for your next development project.

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 Blok are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokerage. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Digital Millennium Copyright Act – DMCA Notice Based on information submitted to the MLS GRID as of 04/27/2026. 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. IDX information is provided exclusively for consumers’ personal non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, the data is deemed reliable but is not guaranteed by MLS GRID, the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Data last updated: 04/27/2026.

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