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$150,000 Just Listed
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Property Description
This lot is located in the heart of the new Commercial District on Mississippi Street which is the main street into town. Located across from the Dollar General and a strip mall with new shops in the area. The lot has high visibility with curbs and street cut in. This is a great area to start your business would be a great spot for a Medical Facility, Assisted Living or Nursing Home, Hardware Store, Grocery Store, Hardware Store, etc. Additional lots are available and can be purchased in multiple lots to create a larger parcel with Lot 3 Town Center. Elwood is in the Hub of the fast-growing area of warehousing which employs may workers. This shows high visibility off Rt. 53 and is close to expressways and the Abraham Lincoln Cemetary.
Full Property Details
Full Property Details for Lot 4 E Lincoln-Way Dr
General
- Price: $150,000
- Taxes: $20 (2025)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12753351
Interior
- Basement: None
Additional Information
- Other Features: Interstate Access
Location
- Area: Elwood
- County: Will
- Township: Jackson
- Driving Directions: Route 53 to Mississippi Ave. west to lot on the north side of Mississippi located east of the Elwood Village Hall and the corner of Lincoln Way Dr.
- 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: Community Water
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Structural Information
- Basement Desc.: None
- Square Feet: 2.79
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 2.79
- Lot Size (Sq. Ft.): 121,729
- Lot Size Range: 2.0 to 2.99 Acres
- Lot Dimensions: 53 x 53 x 361 x 545 x 582
- Frontage: City Street
- Frontage Feet: 106
- Street/Road Desc.: Asphalt
- Potential Use: Commercial
- Zoning: COMMR
- Lot Description: Cleared, Irregular, Level
Financial Considerations
- Tax Amount: $20
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Aerial Map, Legal-Description, Existing Survey, Backup Package
- Property ID: 1011292020020000
Listed by CRIS Realty
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Lot 4 E Lincoln-Way Drive, Elwood, IL 60421 (MLS# 12753351) is a Lots/Land property with a lot size of 2.79 acres. Lot 4 E Lincoln-Way Drive is currently listed for $150,000 and was received on September 08, 2026. Want to learn more about Lot 4 E Lincoln-Way Drive? 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.

