REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$399,900
Est. payment /mo
5.41 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12395140
Annual Tax Amount $46
Tax Year 2023
Lot Size 5.410 Acres
Lot Dimensions 516.8X299.3X166.9X461,199.8X298,241X241X299
Property Sub-Type Land
Property Description
5.41 ACRES CONSISTING OF 3 COMMERCIAL LOTS IN ELWOOD TOWN CENTER TO BE SOLD AS ONE PARCEL. SUBJECT SITES ARE ON THE NORTHWEST SIDE OF ILLINOIS ROUTE 53 ( WITH 958 FEET FRONTAGE) 240 FT OF FRONTAGE ON MISSISSIPPI AVE. AND 868 FEET FRONTAGE ON THE SOUTHEAST SIDE OF LINCOLN WAY DR. THERE IS ONE CURB CUT ALONG MISSISSIPE AVE. AND TWO CURB CUTS ALONG THE LINCOLN WAY DR. FRONTAGE. LOCATED ON HEAVILY TRAVELED RT. 53 AND MISSISSIPPI AVE. BEING THE MAIN THOUROUGHFARE TO TOWN. GREAT OPPORTUNITY TO BE PART OF ELWOOD'S FAST GROWING COMMUNITY,COME JOIN ELWOOD'S BUSINESS DISTRICT AMONG NEARBY DOLLAR GENERAL, NEWER COMMERCIAL RETAIL CENTER AND VILLAGE HALL. ACCESSIBLE TO INTERSTATE 80 APPRX. 5 MILES SOUTH AND I-55 INTERCHANGE VIA ARSENAL ROAD NORTH AND WEST OF VILLAGE.
Location
State IL
County Will
Area Elwood
Zoning COMMR
Rooms
Basement None
Interior
Fireplace N
Exterior
Utilities Available Sewer Connected, Water Available
Building
Dwelling Type Land
Schools
Elementary Schools Elwood C C School
Middle Schools Elwood C C School
High Schools Joliet Central High School
School District 203 , 203, 204
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Frances Hondros of Coldwell Banker Real Estate Group
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
GET MORE INFORMATION

QUICK SEARCH
- Homes For Sale in Madison, WI
- Homes For Sale in Verona, WI
- Homes for Sale in Fitchburg, WI
- Homes For Sale in Middleton, WI
- Homes For Sale in Stoughton, WI
- Homes For Sale in Sun Prairie, WI
- Homes for Sale in Oregon, WI
- Homes for Sale in McFarland
- Homes For Sale in Belleville, WI
- Homes For Sale in Janesville, WI
- Mount Horeb



