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$150,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for Lot 11 E Mississippi Ave
General
- Price: $150,000
- Taxes: $15 (2025)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12753291
Interior
- Basement: None
Additional Information
- Other Features: Interstate Access
Location
- Area: Elwood
- County: Will
- Township: Jackson
- Driving Directions: Route 53 to the Southeast corner or Route 53 and Mississippi Ave. Sign on the lot which includes Lot D (Detention Basin) taking up the full corner.
- Location Details: Central Business District, Corner
School Information
- School District: 203
- Elem School District: 203
- Midd School District: 203
- High School District: 204
- Elementary School: Elwood C C School
- Middle School: Elwood C C School
- High School: Joliet Central High School
- Private School: Joliet Central High School
Utilities
- Water: Municipal Water
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Connected, Water Nearby
Structural Information
- Basement Desc.: None
- Square Feet: 4.72
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 4.72
- Lot Size (Sq. Ft.): 94,446
- Lot Size Range: 4.0 to 4.99 Acres
- Lot Dimensions: 474.81 x 96.64 x 452.13 x 199.16
- Frontage: US Highway
- Frontage Feet: 474.8
- Street/Road Desc.: Asphalt
- Potential Use: Commercial
- Zoning: COMMR
- Lot Description: Cleared, Irregular, Level
Financial Considerations
- Tax Amount: $15
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Aerial Map, Existing Survey, Backup Package
- Property ID: 1011292050020000
Listed by CRIS Realty
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Lot 11 E Mississippi Avenue, Elwood, IL 60421 (MLS# 12753291) is a Lots/Land property with a lot size of 4.72 acres. Lot 11 E Mississippi Avenue is currently listed for $150,000 and was received on September 08, 2026. Want to learn more about Lot 11 E Mississippi Avenue? Do you have questions about finding other Lots/Land real estate for sale in Elwood? You can browse all Elwood real estate or contact a Coldwell Banker agent to request more information.

