Elwood IL Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
10,985
Status:
Active
MLS#:
12706689
Type:
Other
Lot size:
3.29 Acres
Year built:
2024
A broker reciprocity listing Courtesy: RE/MAX Ultimate Professionals 815-725-4545
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ADDITIONAL INFORMATION

Completed in 2025, this exceptional 10,985 SF Lester Building sits on 3.29 acres (with the possibility to expand property to 5.45 acres) and is currently zoned C-2 General Commercial with a special use PUD Zoning with Village of Elwood for the sale and lease of small and mid-sized construction equipment and machinery, with limited repairs. This location is perfect for (and approved under the current special use) Construction equipment dealership (small and mid-sized equipment), Landscaping and grounds maintenance equipment dealership, Compact utility tractor and implement dealership, Material handling equipment dealer (forklifts, lifts, telehandlers), Contractor or municipal equipment sales facility. While the current building is being used for equipment sales, the property is built in such a way that would suit many other types of business such as construction companies, equipment rental, municipalities, utility contractors, landscape contractor, auto/truck/RV/agricultural equipment dealership, material handler dealer (all with the approval of a special use permit from the village of Elwood). Designed for efficiency and functionality, the facility features a professional showroom with three private offices, service counter, customer waiting area, and two ADA-compliant restrooms. The shop offers approximately 20' ceilings with 18' clear height, in-floor radiant heat, 8" concrete floors (in the shop area), a massive 23' x 70' wash bay with Hotsy 3,000 PSI hot water pressure washer, break room with kitchenette, utility room, and third ADA-compliant restroom. Property features include fire sprinkler system, monitored fire alarm, security camera and alarm systems, 208V 400-amp three-phase power, triple trap basins, Starlink internet, one 14'x14' overhead door (with opener), three 16'x16' overhead doors (with opener) and one 10'x9' showroom overhead door. The exterior is equally impressive, offering approximately 2.17 +/- acres of secure fenced yard space with a combination of paved, concrete, and gravel surfaces. A 6-foot perimeter fence with oversized 40-foot aluminum gates provides excellent access for equipment and commercial vehicles. Located along a corridor with approximately 6,100 average annual daily traffic (AADT), this property offers outstanding visibility, accessibility, and infrastructure for equipment sales, service, and related commercial operations. A rare opportunity to acquire a nearly new, purpose-built commercial facility with premium construction, exceptional amenities, and valuable special use approvals already in place.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Elwood Real Estate

Elwood is located in Illinois. 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.

Elwood Weather

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.

Elwood Map

Elwood Real Estate Market Conditions

  • Median sales price

    $384,000
    13.7%
    change since last quarter
  • # Active listings

    35
    30-day change

Elwood Schools and Demographics

Education near Elwood, IL

City County
High School Graduates 95.23 91.48
College Degree - 2 year 13.73 8.62
College Degree - 4 year 18.94 35.37
Graduate Degree 4.99 10.17
Expenditures per Student 18,169 18,169
Students per Teacher 14.4 14.4

Elementary Schools near Elwood, IL

Grades Students P/T Ratio ZIP
Anna McDonald Elementary School 03 - 05 450 18 60442
Edna Keith Elementary School KG - 05 448 18.6 60433
Eisenhower Academy 01 - 05 262 21.8 60433
Elwood C C School KG - 08 370 13.4 60421
Laraway Elementary School 02 - 08 273 10.5 60436
Lynne Thigpen Elementary School KG - 05 671 18.1 60436
Marycrest Early Childhood Center PK - KG 334 17.3 60436
N B Galloway Elementary School PK - 02 410 19.7 60410
Oak Valley Elementary School PK - 01 174 17.4 60433
Pioneer Path 03 - 04 270 20.8 60410
Rockdale Elementary School PK - 08 290 14.5 60436
T E Culbertson Elementary School KG - 05 379 18.8 60433
Thompson Instructional Center 01 - 08 53 60433
Union Elementary School KG - 08 99 7.4 60433
Wilson Creek Elementary School PK - 02 483 15.4 60442
Woodland Elementary School PK - 05 506 19.5 60433

Middle Schools near Elwood, IL

Grades Students P/T Ratio ZIP
Channahon Junior High School 07 - 08 322 19.5 60410
Dirksen Junior High School 06 - 08 635 15.5 60436
Manhattan Junior High School 06 - 08 427 14.7 60442
Three Rivers School 05 - 06 290 18.9 60410
Washington Junior High & Academy Program 06 - 08 794 16.3 60433
Wilton Center Elementary School KG - 04 78 10.1 60442

Demographics near Elwood, IL

City County
Neighborhood Type Suburban
Population 2,500 696,403
Population Density 182 833
Median Age 40.1 38.3
People per Household 2.6 2.9
Median Household Income 76,339 95,751
Average Income per Capita 36,730 40,493

Real estate near Elwood