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Listing provided courtesy of CRIS RealtyMREDas Distributed by MLSGrid- MLS# 12448529MLS Provider

Lot 11 E Mississippi AvenueElwood, IL 60421

Vacant Land · 4.72 Acres
$150,000 Active

Lot 11 E Mississippi Avenue Overview

Time on Site:
315 days
Visits:
0

This commercial lot features are a highly traveled area with high visibility located on a corner with curbs and street cut in. It has already been proposed for fast food and with all the exposure this corner lot would be ideal off a Rt. 53. This would make a great area with high exposure for a mini mart or convenience store, drive thru Coffee Shop, Funeral Home because it is close to the Abraham Lincoln Cemetary and close to the expressway. This area is growing and ready to develop with many industrial buildings already up and running in Center Point. Included with Lot 11 Mississippi is Out Lot D which is the Detention Easement. This is an additional 2.56 acres with Out lot D and lot 11 being 2.16 acres for a total of 4.72 acres. Also, there are additional lots are available in the downtown area of Elwood and can be purchased in multiple lots.

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Lot 11 E Mississippi Avenue Facts & Features

  • Type Vacant Land
  • Lot 4.72 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: $15.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1011292050020000
  • 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: Yes
  • Frontage Length: 474.8
  • Frontage Type: US Highway
  • Lot Size Acres: 4.72
  • Lot Size Dimensions: 474.81X96.64X452.13X199.16
  • Road Surface Type: Asphalt
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

General Information

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

Lot 11 E Mississippi Avenue 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 11 E Mississippi Avenue Monthly Cost

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Marc Churchill
* 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 11 E Mississippi Avenue 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 11 E Mississippi Avenue History

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