Lot 4 Lincoln-Way Drive, Elwood, IL 60421 | MLS #12448520 | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of CRIS RealtyMREDas Distributed by MLSGrid- MLS# 12448520MLS Provider

Lot 4 Lincoln-Way DriveElwood, IL 60421

Vacant Land · 2.79 Acres
$150,000 Active

Lot 4 Lincoln-Way Drive Overview

Time on Site:
315 days
Visits:
3

This lot is located in the heart of the new Commercial District on Mississippi Street which is the main street into town. Located across from the Dollar General and a strip mall with new shops in the area. The lot has high visibility with curbs and street cut in. This is a great area to start your business would be a great spot for a Medical Facility, Assisted Living or Nursing Home, Hardware Store, Grocery Store, Hardware Store, etc. Additional lots are available and can be purchased in multiple lots to create a larger parcel with Lot 3 Town Center. Elwood is in the Hub of the fast-growing area of warehousing which employs may workers. This shows high visibility off Rt. 53 and is close to expressways and the Abraham Lincoln Cemetary.

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Lot 4 Lincoln-Way Drive Facts & Features

  • Type Vacant Land
  • Lot 2.79 Acres

Details

General

School Information

  • School District: 204
  • Elementary School: Elwood C C School
  • Middle Or Junior School: Elwood C C School
  • High School: Joliet Central High School

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Elwood
  • Township: Jackson

Tax Information

  • Tax Annual Amount: $20.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1011292020020000
  • Possible Use: Commercial
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: None

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 106
  • Frontage Type: City Street
  • Lot Size Acres: 2.79
  • Lot Size Dimensions: 53X53X361X545X582
  • Road Surface Type: Asphalt
  • Water Source: Community Water

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby,Sewer Connected,Water Nearby

Lot 4 Lincoln-Way Drive Neighborhood

Community

60421 (Elwood) Demographics

43
Median Age
96
Population Density (per sq. mile)
32%
College Educated
$97,448
Estimated Median Income
1,409
Estimated Total Home Owners
122
Estimated Total Renters
92% / 8%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lot 4 Lincoln-Way Drive Monthly Cost

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Mike Mabry
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 4 Lincoln-Way Drive Market Data

Based on the last 30 days in this zip code

$434,846
Average List Price
$190
Average Price per Square Foot
2
Properties Sold
49
Average Days on Market
17
Properties for Sale
Calculations provided by Reliance Network

Lot 4 Lincoln-Way Drive History

Date Event Value Agent
8/23/2025Source: MRED Status Change
Active
8/18/2025Source: MRED Added to Database
August 18, 2025