23550 S Vetter Rd

1,189,188 / 27.3
Lot Size / Acres

Description

Excellent Commercial / Industrial land opportunity within a half mile of the New Houbolt Road Bridge Extension and in very close proximity to the BNSF, UP and CN Railway Terminals. This property's key feature is its prime location in the middle of the CenterPoint Intermodal Center Corridor. The property consists of two parcels totaling approximately 27+ acres with over 960 feet of road frontage along Houbolt Rd. This is part of the CenterPoint Intermodal Heavy Haul Corridor also know as "inside the...Excellent Commercial / Industrial land opportunity within a half mile of the New Houbolt Road Bridge Extension and in very close proximity to the BNSF, UP and CN Railway Terminals. This property's key feature is its prime location in the middle of the CenterPoint Intermodal Center Corridor. The property consists of two parcels totaling approximately 27+ acres with over 960 feet of road frontage along Houbolt Rd. This is part of the CenterPoint Intermodal Heavy Haul Corridor also know as "inside the fence". Properties "inside the fence" have no weight limits for heavy haul trucks going to and from the Intermodal Rail Terminals and other nearby Truck Terminals. Most of this Heavy Industrial Zoned area is riddled with the obstruction of Underground Pipeline Utilities. One of the key features of this property is that it is one of the only parcels available that is completely pipeline free and ready for quick and easy development. There is currently a 2 story home and 2.94 acre pond on the property that the owner put in for recreation. The pond can be filled in should the new owner desire to do so. The Commercial potential of this property is immeasurable due to it's prime location. It is an approximate five minute drive time from Interstate 80 and less than ten minute drive time from Interstate 55. This prime location makes this property a great opportunity for logistics, warehousing, truck and trailer maintenance/repair services, etc. This property is surrounded by adjacent parcels already zoned Heavy Industrial in Joliet that are quickly being developed. Act soon while it is still available for your next development project.

Property Details for 23550 South Vetter Road

Area
Elwood
Township
Joliet
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
INDUS
LISTING UPDATED: 03/01/2026 11:17 PM

Property Details for 23550 South Vetter Road

StatusActive
MLS #12425704
Days on Market226
Taxes$14,017 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size27.30 AC
CountyWill County

Location

Listing Courtesy of Crosstown Realtors, Inc.
Add your commute

Building Information for 23550 South Vetter Road

Lot Size27.30 AC

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$106,282 per month

30 year fixed, 6.15% Interest

Principal and Interest

$105,114

Property Taxes

$1,168

HOA Dues

$0

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Property Information for 23550 South Vetter Road

General Information
School Information
  • Elementary School District: 203
  • High School District: 204
  • Middle Or Junior School District: 203
Addtl Parking Information
  • Parking Details: Gravel
Location and General Information
  • Frontage Length: 960
  • Frontage Type: County Road, Public Road
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Sewer: Septic Tank
  • Water: Well
  • Utilities: Electric to Site
Property/Lot Information
  • Lot Size: 25.0-99.99 Acres
  • Lot Dimensions: 960 X 1240
  • Approx Land Sq Footage: 1189188
  • Buildings on Land: Yes
  • Waterfront: Yes
  • General Information: None
Property and Assessments
  • Possible Use: Commercial, Industrial, Office, Zoning Change Required
  • Public Document Count: 0
  • Photos Count: 9
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Industrial, Zoning Change Required
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 23550 South Vetter Road

DateEvent & SourcePriceAppreciation
Jul 21, 2025

Cancelled

MRED #12425692

$21,567,000
Jul 21, 2025

Listed (Active)

MRED #12425692

$21,567
Jul 21, 2025

Listed (Active)

MRED #12425704

$21,567,000
Jul 20, 2025

Expired

MRED #11715078

$19,575,000
Nov 30, 2023

Price Change

MRED #11715078

$18,427,500
Feb 8, 2023

Price Change

MRED #11715078

$19,575,000
Feb 8, 2023

Listed (Active)

MRED #11715078

$1
DateEvent & SourcePrice
07/21/2025

Cancelled

MRED #12425692

$21,567,000
07/21/2025

Listed (Active)

MRED #12425692

$21,567
07/21/2025

Listed (Active)

MRED #12425704

$21,567,000
07/20/2025

Expired

MRED #11715078

$19,575,000
11/30/2023

Price Change

MRED #11715078

$18,427,500
02/08/2023

Price Change

MRED #11715078

$19,575,000
02/08/2023

Listed (Active)

MRED #11715078

$1

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23550 South Vetter Road

Taxable ValueLand$19,199Additions$177,496Total$196,695
Tax Record2022$15,093 ($1,258 / month)
Home Facts
Beds0Total Finished SqFt4,034 SqFtAbove Grade Finished SqFt4,034 SqFtStories2Lot Size594,594 SqFtStyleMiscellaneous ResidentialCountyWILLAPN04-10-01-300-016

Schools near 23550 South Vetter Road

This home is within Joliet Township Hsd 204 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Laraway Elementary School
PublicPK to 8

Joliet Central High School
Public9 to 12

Pathways Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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23550 South Vetter Road is a 27.3 ac of land for sale in Elwood, IL 60421. This property was listed for sale on July 21, 2025 by Crosstown Realtors, Inc., it's currently listed at $21,567,000. This listing's school districts are Laraway Central Consolidated School District 70c, Joliet Township Hsd 204 School District. Nearby schools include Laraway Elementary School, Joliet Central High School and Pathways Academy. 23550 South Vetter Road is a 0-bed, 0-bath, 27.3 ac of land on a 1,189,188 sq. ft. / 27.3 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Crosstown Realtors, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/01/2026 11:17 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.