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23815 IL-53

38.26 Acres of Commercial Land Offered at $2,486,900 in Elwood, IL 60421

Investment Highlights

  • Excellent location with frontage on Rt. 53 and zoned B-3 in the City of Joliet

Financial Summary (Actual - 2022)

Annual Annual Per AC
Taxes $8,316 $217.35
Operating Expenses - -
Total Expenses $8,316 $217.35

Financial Summary (Actual - 2022)

Taxes
Annual $8,316
Annual Per AC $217.35
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $8,316
Annual Per AC $217.35

Property Facts

Price $2,486,900
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Community Center
Total Lot Size 38.26 AC

1 Lot Available

Lot

Price $2,486,900
Price Per AC $65,000
Lot Size 38.26 AC

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.

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.

zoning

Zoning Code B-3
B-3
  • Listing ID: 33125024

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 23815 IL-53, Elwood, IL 60421

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