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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 3,495,000

Est. payment | -/mo

10,985 SqFt

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$ 3,495,000

Est. payment | -/mo

Save

10,985 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 10,985 sqft

Price per Sqft $318

MLS Listing ID 12706689

Year Built 2024

Annual Tax Amount $32,502

Tax Year 2025

Lot Size 3.290 Acres

Lot Dimensions 305x439x607x300

Property Sub-Type Industrial

Property Description

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.

Location

State IL

County Will

Area Elwood

Zoning PUD

Interior

Cooling Central Air, Office Only, Partial

Flooring Concrete

Fireplace N

Exterior

Roof Type Metal

Building

Dwelling Type Industrial

Structure Type Steel Siding,Wood,Brick Veneer

Listed by Daniel Condon of RE/MAX Ultimate Professionals

+1(815) 685-5090

saralattayoung@gmail.com

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26336 Heritage DR Elwood, IL 60421