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Listings courtesy of RE/MAX Ultimate Professionals as distributed by MLS GRID.

Active - Land for sale

Elwood, IL

Facts & features

Land Property type
41 days on Beycome
2024 Year built
143,312 sqft Lot size

Why you’ll love it

  • Fenced yard

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.

Translating description...

Listed by: Daniel Condon • RE/MAX Ultimate Professionals

Co-listed by: Kayleigh Condon • RE/MAX Ultimate Professionals

Source: MRED as distributed by MLS GRID, MLS#: 12706689 MRED as distributed by MLS GRID logo

Based on information as of Sep 02, 2026 at 12:23pm EDT.

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Affordability

$2,270,000$4,720,000
1%20%
0%90%
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Estimated monthly payment

$20,381/mo

  • Mortgage$17,673
  • Property tax$2,709
  • HOA fee
  • Homeowners insurance
Due at closing$2,778,525
Down payment held in escrow$699,000
Closing costs$52,425
beycome credit Est.$69,900

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Elwood

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AI-generated overview for informational purposes only.
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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data 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. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Sep 02, 2026 at 12:23pm EDT. 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.

$3,495,000 Listed price

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$69,900 Credit back

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