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State Route 53 461.17 Acres of Agricultural Land in Elwood, IL 60421

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INVESTMENT HIGHLIGHTS

  • 379.23 AC zoned as Agricultural
  • 9 total parcels
  • 81.94 AC zoned for Residential

EXECUTIVE SUMMARY

Situated along Illinois Route 53 at the intersection of Mississippi Street in Elwood, Illinois, this assemblage totals 461.17 acres with nine sites ranging from 0.79 to 120.50 acres. The sites can be purchased jointly or as separate parcels.
The sites offer an excellent opportunity for investors, developers, farmers, home builders, trade buyers seeking property within one of Chicago’s fastest-growing counties.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Commercial
  • Hold For Development
  • Single Family Development
Total Lot Size 461.17 AC
Zoning A-1, Elwood - 379.23 AC Ag, 81.94 AC Res

1 LOT AVAILABLE

Lot

Lot Size 461.17 AC

+/- 461.17 Acres along State Rt. 53 in Elwood, IL. South of W. Manhattan Rd., North of W. Hoff Rd. Zoning: A-1 Agriculture R-2 Single Family and Two Family Residential R-5 Single Family Attached (Townhome) Residential

DESCRIPTION

The Village of Elwood is strategically located within the heart of Will County, one of the fastest-growing counties in the country. It is centrally located amid a seven-county labor force of 5 million people including Cook, DuPage, Grundy, Kane, Kankakee, Kendall and Will Counties. Proposed use as mix of residential and commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10-11-29-200-011
  • 10-11-20-400-001
  • 10-11-29-200-009
  • 10-11-20-400-002
  • 10-11-20-200-011
  • 10-11-21-100-011
  • 10-11-20-200-012
  • 10-11-21-300-001
Land Assessment
$189,415
Improvements Assessment
$78,788
Total Assessment
$268,203
  • Listing ID: 34490464

  • Date on Market: 1/15/2025

  • Last Updated:

  • Address: State Route 53, Elwood, IL 60421

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