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  • $21,567,000

    23550 S Vetter Rd, Elwood, IL 60421

    --beds
    --baths
    27.3Acres
    Unimproved Land, Farm
    Built in ----
    27.3 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Excellent commercial/industrial land opportunity within a half mile of the Houbolt Road bridge extension (opening March 2023) 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. 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. This property has already been annexed to Joliet.
    168 days
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    404
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    15
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    Zillow last checked: 8 hours ago

    Listing updated: July 26, 2025 at 10:06pm

    Listing courtesy of:

    Dennis Hough 708-580-6284,

    Crosstown Realtors, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12425704MLS Logo

    Facts & features

    Property

    Parking
    • Parking features: Gravel
    Features
    • Has view: Yes
    • View description: Side(s) of Property
    • Water view: Side(s) of Property
    • Frontage length: 960
    Lot
    • Size: 27.3 Acres
    • Dimensions: 960 X 1240
    Details
    • Additional parcels included: 1001300011000000
    • Parcel number: 0410013000160000
    • Zoning: INDUS
    • Special conditions: None

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available

    Community & HOA

    Location
    • Region: Elwood

    Financial & listing details

    • Tax assessed value: $629,910
    • Annual tax amount: $14,016
    • Date on market: 7/21/2025
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    7/21/2025Listed for sale$21,567,000+10.2%
    Source: MRED as distributed by MLS GRID #12425704 Report a problem
    7/21/2025Listing removed$19,575,000
    Source: MRED as distributed by MLS GRID #11715078 Report a problem
    2/3/2025Price change$19,575,000+6.2%
    Source: MRED as distributed by MLS GRID #11715078 Report a problem
    11/30/2023Price change$18,427,500-5.9%
    Source: MRED as distributed by MLS GRID #11715078 Report a problem
    2/10/2023Price change$19,575,000+1957499900%
    Source: MRED as distributed by MLS GRID #11715078 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2023$15,641 +3.6%$209,970 +6.7%
    2022$15,093 +8.6%$196,695 +5.9%
    2021$13,899 +4.6%$185,685 -2.8%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 60421

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 203

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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