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DESCRIPTION

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.

KEY DETAILS
  • Price:
  • $19,575,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 27.30
  • Year Built:
  • 1999
  • MLS #:
  • MRD11716081
  • Street Address:
  • 23550 S Vetter Rd
  • City:
  • Elwood
  • State:
  • IL
  • Postal Code:
  • 60421
  • County:
  • Will
  • Area:
  • Elwood
  • Listing Status:
  • For Sale - Active

Building

  • Year Built:
  • 1999

Business

  • Operating Expense:
  • 14016

Land

  • Conforms To Zoning:
  • Commr
  • Lot Square Footage:
  • 1189188

Listing

  • Days On Market:
  • 9
  • Originating Mls:
  • Mred

Money

  • Property Taxes:
  • $14,016
  • Tax Year:
  • 2021
  • Tenant Pays:
  • Insurance

Systems

  • Cooling System:
  • Central Air
  • Electricity:
  • Power - 120v

Source

  • Listing Provided By: Dennis Hough with Crosstown Realtors

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