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.
Active
$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
- 168 days |
- 404 |
- 15 |
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#: 12425704
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
| Date | Event | Price |
|---|---|---|
| 7/21/2025 | Listed for sale | $21,567,000+10.2% |
Source: | ||
| 7/21/2025 | Listing removed | $19,575,000 |
Source: | ||
| 2/3/2025 | Price change | $19,575,000+6.2% |
Source: | ||
| 11/30/2023 | Price change | $18,427,500-5.9% |
Source: | ||
| 2/10/2023 | Price change | $19,575,000+1957499900% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 60421
Nearby schools
GreatSchools rating
- 6/10Laraway Elementary SchoolGrades: PK-8Distance: 5.1 mi
- 2/10Joliet Central High SchoolGrades: 9-12Distance: 6.3 mi
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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