Real Estate Agent Teresa Shreve
Teresa Shreve
(815) 289-3362
Rockford
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Lots 5,6 &7 Lincoln Way Drive, Elwood, IL 60421

$399,900
SAVE TOUR PROPERTY
  • Lots 5,6 &7 Lincoln Way Drive, Elwood, IL 60421 Main Photo

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Active
LOT SIZE 5.410 acres MLS#12395140
STATUSActive PROPERTY TYPELand - Commercial SCHOOLDistrict 204
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Property Description

5.41 ACRES CONSISTING OF 3 COMMERCIAL LOTS IN ELWOOD TOWN CENTER TO BE SOLD AS ONE PARCEL. SUBJECT SITES ARE ON THE NORTHWEST SIDE OF ILLINOIS ROUTE 53 ( WITH 958 FEET FRONTAGE) 240 FT OF FRONTAGE ON MISSISSIPPI AVE. AND 868 FEET FRONTAGE ON THE SOUTHEAST SIDE OF LINCOLN WAY DR. THERE IS ONE CURB CUT ALONG MISSISSIPE AVE. AND TWO CURB CUTS ALONG THE LINCOLN WAY DR. FRONTAGE. LOCATED ON HEAVILY TRAVELED RT. 53 AND MISSISSIPPI AVE. BEING THE MAIN THOUROUGHFARE TO TOWN. GREAT OPPORTUNITY TO BE PART OF ELWOOD'S FAST GROWING COMMUNITY,COME JOIN ELWOOD'S BUSINESS DISTRICT AMONG NEARBY DOLLAR GENERAL, NEWER COMMERCIAL RETAIL CENTER AND VILLAGE HALL. ACCESSIBLE TO INTERSTATE 80 APPRX. 5 MILES SOUTH AND I-55 INTERCHANGE VIA ARSENAL ROAD NORTH AND WEST OF VILLAGE.

Lots 5,6 &7 Lincoln Way Drive | MLS# 12395140

This land located at Lots 5,6 &7 Lincoln Way Drive, Elwood, IL 60421 is currently listed for sale with an asking price of $399,900. The property has approximately 5.41 Acres. Lots 5,6 &7 Lincoln Way Drive is located within the District 204 school district. Search Elwood real estate on tshreve.gogambino.com today.

Property Features

Property Type: Land - Commercial
Basement: None
Lot Size: 5.41 Acres
Taxes: $46

Feature Descriptions

Current Use: Commercial
Frontage: 957.6
Frontage Type: City Street, US Highway
Lot Dimensions: 516.8X299.3X166.9X461,199.8X298,241X241X299
Parcel#: 1011292040010000
Possible Use: Commercial
Road Surface: Asphalt
Township: Jackson
Utilities: Sewer Connected, Water Available

Local Schools

High School: Joliet Central High School
Middle School: Elwood C C School
Elementary School: Elwood C C School
School District: District 204

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Real Estate Group
Agency Phone: 815-744-1000

Shown By

Agent Name: Teresa Shreve
Agent Phone: (815) 289-3362
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,936.94 per month $1,816.47 Principal & Interest $3.83 Property Tax $116.64 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/23/2026. The listing information on this page last changed on 04/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/23/2026 12:01:42 AM EST) or MRED MLS (last updated Wed 04/22/2026 11:58:02 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 04/22/2026 10:15:37 PM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 04/22/2026 2:10:06 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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