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23550 S Vetter Road, Elwood, IL 60421
$18,427,500
23550 S Vetter Road, Elwood, IL 60421View this property at 23550 S Vetter Road, Elwood, IL 60421
23550 S Vetter RoadElwoodIL60421
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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.
Full Property Details
Full Property Details for 23550 S Vetter Rd
General
- Price: $18,427,500
- Taxes: $14,016 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11716081
- Updated: 12/6/2023
- Added to Site: 446 day(s) ago
Location
- Area: Elwood
- County: Will
- Driving Directions: Halfway between CenterPoint Way and Schweitzer Rd on Vetter Rd (Now Houbolt).
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 0
- Year Built: 1999
Lot Features
- Lot Size (Acres): 27.3
- Lot Size (Sq. Ft.): 1,189,188
- Lot Dimensions: 960 x 1240
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $14,016
- Assessment Year: 1999
- Tax Amount: $14,016
- Tax Year: 2021
- Tenant Pays: Insurance
Disclosures and Reports
- Property ID: 410013000160000
Listed by Crosstown Realtors, Inc.
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Schools
Schools serving 23550 S Vetter Rd
School Districts:Joliet Township High School District 204, Laraway Community Consolidated School District 70c
Rating | Name | Grades | Distance |
---|---|---|---|
Oak Valley Elementary School
1705 Richards St, Joliet, IL 60433 | PK-5 | 4.8 mi | |
1715 Rowell Ave, Joliet, IL 60433 | PK-8 | 5.2 mi | |
201 E Jefferson St, Joliet, IL 60432 | 9-12 | 6.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23550 S Vetter Rd
Date
Details
Price
Change
Source
11/30/2023
Price Reduced
$18,427,500
-5.86%
MLS
2/08/2023
Listed
$19,575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23550 S Vetter Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$15,093
—
$196,695
6%
2022
$15,093
14%
$185,685
-3%
2020
$13,283
4%
$190,973
10%
2019
$12,752
12%
$174,194
14%
2018
$11,372
5%
$153,356
4%
2017
$10,844
25%
$146,835
4%
2016
$8,654
17%
$140,730
13%
2015
$7,424
2%
$124,523
1%
2014
$7,251
2%
$122,698
-2%
2013
$7,122
63%
$125,454
89%
2012
$4,361
—
$66,419
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 23550 S Vetter Rd
23550 S Vetter Road, Elwood, IL 60421 (MLS# 11716081) is a Commercial property. 23550 S Vetter Road is currently listed for $18,427,500 and was received on February 08, 2023. Want to learn more about 23550 S Vetter Road? Do you have questions about finding other Commercial real estate for sale in Elwood? You can browse all Elwood real estate or contact a Coldwell Banker agent to request more information.