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.
The median home value in Elwood, IL is $271,500. This is lower than the county median home value of $305,000. The national median home value is $338,100. The average price of homes sold in Elwood, IL is $271,500. Approximately 82.22% of Elwood homes are owned, compared to 12.21% rented, while 5.56% are vacant. Elwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elwood real estate agent to arrange a tour today!
Elwood, Illinois has a population of 2,500. Elwood is less family-centric than the surrounding county with 28.76% of the households containing married families with children. The county average for households married with children is 37.33%.
The median household income in Elwood, Illinois is $76,339. The median household income for the surrounding county is $95,751 compared to the national median of $69,021. The median age of people living in Elwood is 40.1 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 36.8 inches per year, with 27.2 inches of snow per year.