$3,495,000
( $318.16Per Sq Foot )
 $18,762 est/mo Sourced by Back At You

26336 Heritage Drive,Elwood, IL 60421

Elwood, IL 60421

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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.

Details

MLS #12706689
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year2024
Days On Site69
Listing Provided ByRE/MAX Ultimate Professionals | Daniel Condon

Features

SQ Feet10,985
Story(s)2
Units1
ZoningPUD
Acreage3.29

Interior

CoolingCentral Air, Office Only, Partial

Exterior

RoofMetal
Foundation DetailsConcrete Perimeter
Construction MaterialsSteel Siding, Wood, Brick Veneer

Utilities

ElectricCircuit Breakers, Service - 201 to 600 Amps, Power - 240V, Three Phase

Taxes

Tax Year2025
Tax Annual Amount32502.09

Area Information

StateIL
CountyWill
CityElwood
Zip Code60421
AreaElwood
Listing VS Median (in 60421)
Price:
$3,495,000
low | high
Med:
$318,000
100% of Average
sqft:
10,985
low | high
Med:
2,300
100% of Average
$ / sqft:
$318
low | high
Med:
$143
100% of Average
On site:
69
low | high
Med:
204
33.823529411765% of Average
Sourced by Back At You

Market Activity 60421

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Learn More About This Property

StateIL
CountyWill
CityElwood
Zip Code60421
AreaElwood
Listing VS Median (in 60421)
Price:
$3,495,000
low | high
Med:
$318,000
100% of Average
sqft:
10,985
low | high
Med:
2,300
100% of Average
$ / sqft:
$318
low | high
Med:
$143
100% of Average
On site:
69
low | high
Med:
204
33.823529411765% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 4:18:20 PM PDT