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$1,496,418
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Property Description
38 acre parcel located on the northeast corner of Route 53 and W Millsdale Road just south of Joliet, IL in Jackson Township with prime development potential. This is an excellent location with frontage on Rt. 53 and zoned B-3 in the City of Joliet. There are multiple public transportation options, and located only a few miles south from Chicagoland Speedway and Route 66 Raceway. There is a good mix of commercial, industrial, residential, and agriculture in this area, including a Intermodal Terminal for Union Pacific Railroad and the BNSF Intermodal. There is an old farmhouse and buildings on the property. The vibrant south end of Joliet, IL, offers unparalleled development potential. Boasting a strategic location within a rapidly growing community, the land presents an exceptional opportunity for investors and developers alike. Its proximity to key amenities, including transportation hubs, educational institutions, and commercial centers, makes it an ideal choice for residential, commercial, or mixed-use development projects. With its favorable zoning regulations and ample space, this property provides the canvas for innovative and profitable ventures. Don't miss the chance to capitalize on this promising investment opportunity in one of Joliet's most dynamic areas.
Full Property Details
Full Property Details for MLS# 12399073
General
- Sold For: $1,496,418
- Taxes: $8,359 (2023)
- Status: Closed
- Type: Farm
- Source: MRED
- MLS ID: 12399073
- Added to Site: 247 day(s) ago
Location
- Area: Elwood
- County: Will
- Driving Directions: 38 acre parcel located on the northeast corner of Route 53 and W Millsdale Road just south of Joliet, IL in Jackson Township with prime development potential
School Information
- School District: 70
- Midd School District: 70
Utilities
- Onsite: Unknown (verify)
Structural Information
- Square Feet: 38
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 38
- Lot Size Range: 25.0 to 99.99 Acres
- Lot Dimensions: 1314 x 1233
- Frontage: County Road
- Frontage Feet: 1314
- Street/Road Desc.: Asphalt
- Land Use: Yes
- Zoning: COMMR
Farm Information
- Farm: Yes
Financial Considerations
- Tax Amount: $8,359
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1011033000050000
Listed by Goodwin & Associates Real Estate LLC
Sold by Goodwin & Associates Real Estate LLC and Nb Elite Realty Llc
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Schools
Schools serving MLS# 12399073
School Districts:Laraway Community Consolidated School District 70c, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Laraway Elementary School 1715 Rowell Avenue, Joliet, IL 60433 | PK-8 | 2.8 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 12399073
Date
Details
Price
Change
Source
2/23/2026
Sold
$1,496,418
-23.26%
MLS
6/19/2025
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 12399073, Joliet, IL 60421 (MLS# 12399073) is a Farm property that was sold at $1,496,418 on February 23, 2026. Want to learn more about MLS# 12399073? Do you have questions about finding other Farm real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.

