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23550 S Vetter Rd - Intermodal Center Property

27.3 Acres of Commercial Land Offered at £14,418,598 in Elwood, IL 60421

Investment Highlights

  • Excellent commercial/industrial land opportunity within .5 miles of the Houbolt Road bridge extension in the CenterPoint Intermodal Center corridor.
  • Due to the opening of the bridge extension, Vetter Rd has officially become Houbolt Rd.
  • The pond can be filled in, should the new owner desire to do so, or can be used for water retention.
  • Property consists of two parcels, totaling approximately 27 acres, with about 960 feet of frontage on Vetter Rd.
  • There is a 2 story home and 2.94 acre pond on the property that the owner put in himself for recreation.

Executive Summary

Excellent commercial/industrial land opportunity within a half mile of the Houbolt Road bridge extension in the CenterPoint Intermodal Center corridor. Property consists of two parcels, totaling approximately 27 acres, with about 960 feet of frontage on Vetter Rd. Due to the opening of the bridge extension, Vetter Rd has officially become Houbolt Rd. There is a 2 story home and 2.94 acre pond on the property that the owner put in himself for recreation. The pond can be filled in, should the new owner desire to do so, or can be used for water retention. The commercial potential of this property is immeasurable. The Houbolt Rd bridge will lead right to the frontage of this property, making this a great opportunity for logistics, warehousing, truck maintenance companies, etc. There is no pipeline relocation needed in order to develop this property. This property has already been annexed to Joliet.

Attachments

Vetter Flyer

Property Facts

Price £14,418,598
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Truck Stop
  • Truck Terminal
  • Warehouse
Total Lot Size 27.30 AC

1 Lot Available

Lot

Price £14,418,598
Price Per AC £528,154
Lot Size 27.30 AC

Property consists of two parcels, totaling approximately 27 acres, with about 960 feet of frontage on Vetter Rd.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-01-300-017
Land Assessment
£1,618
Improvements Assessment
£0
Total Assessment
£1,618

zoning

Zoning Code AG (Agricultural/Rural)
AG (Agricultural/Rural)
  • Listing ID: 27724945

  • Date on Market: 10/02/2023

  • Last Updated:

  • Address: 23550 S Vetter Rd, Elwood, IL 60421

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