38 acre parcel located on the northeast corner of Route 53 and W Millsdale Road just south of Joliet, IL in Jackson Township with prime development potential. This is an excellent location with frontage on Rt. 53 and zoned B-3 in the City of Joliet. There are multiple public transportation options, and located only a few miles south from Chicagoland Speedway and Route 66 Raceway. There is a good mix of commercial, industrial, residential, and agriculture in this area, including a Intermodal Terminal for Union Pacific Railroad and the BNSF Intermodal. There is an old farmhouse and buildings on the property. The vibrant south end of Joliet, IL, offers unparalleled development potential. Boasting a strategic location within a rapidly growing community, the land presents an exceptional opportunity for investors and developers alike. Its proximity to key amenities, including transportation hubs, educational institutions, and commercial centers, makes it an ideal choice for residential, commercial, or mixed-use development projects. With its favorable zoning regulations and ample space, this property provides the canvas for innovative and profitable ventures. Don't miss the chance to capitalize on this promising investment opportunity in one of Joliet's most dynamic areas.
Active
$1,950,000
Elwood, IL 60421
--beds
--baths
38Acres
Unimproved Land, Farm
Built in ----
38 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Ample spaceFavorable zoning regulations
- 216 days |
- 8 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: June 26, 2025 at 10:07pm
Listing courtesy of:
Mark Goodwin, ALC,CCIM 815-922-9222,
Goodwin & Associates Real Estate LLC
Source: MRED as distributed by MLS GRID,MLS#: 12399073
Facts & features
Property
Features
- Frontage length: 1314
Lot
- Size: 38 Acres
- Dimensions: 1314 X 1233
Details
- Parcel number: 1011033000050000
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Utilities for property: Unknown (verify)
Community & HOA
Location
- Region: Elwood
Financial & listing details
- Annual tax amount: $8,359
- Date on market: 6/21/2025
- 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 |
|---|---|---|
| 6/21/2025 | Listed for sale | $1,950,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 60421
Nearby schools
GreatSchools rating
- 5/10Elwood Child Care SchoolGrades: PK-8Distance: 3.6 mi
- 2/10Joliet Central High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- District: 70
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.



