Elwood, IL Commercial Real Estate for Lease and Sale

Explore 23 listings of Elwood commercial real estate to find the best space for your business.

Third Coast Intermodal Hub Building 2

101 W. Compass Blvd., Elwood, Joliet, IL
Property

Industrial

1,426,266 SF
Availability Contact for availability
Year Built

2023
For Lease Contact for pricing
View Details (opens in new window)
CenterPoint Intermodal Center - 21051 Walter Strawn Drive

21051 Walter Strawn Drive, Elwood, IL
Property

Industrial

1,182,788 SF
Availability

2 Spaces

799,294 SF
Year Built

2008
For Lease Contact for pricing
View Details (opens in new window)
11.5 AC (PAD 11) - Mississippi Avenue

Mississippi Ave - PAD 11, Elwood, IL
Property

VacantLand
Availability

1 Space

500,940 SF
For Lease Contact for pricing
View Details (opens in new window)
Third Coast Intermodal Hub Building 1

100 W. Compass Blvd., Elwood, IL
Property

Industrial

1,056,353 SF
Availability

1 Space

735,396 SF
Year Built

2023
For Lease Contact for pricing
View Details (opens in new window)
What type of listing property are you looking for?

Office Industrial

Land
1945 Patterson Road - Container Storage / Trailer Parking

CenterPoint Intermodal Center | 1945 Patterson Road (Container Storage / Trailer Parking), Elwood, Joliet, IL
Property

VacantLand
Availability

3 Spaces

751,801 SF
For Lease Contact for pricing
View Details (opens in new window)
21505 Mississippi Avenue | Elwood, IL

21505 West Mississippi Street, Elwood, IL
Property

Industrial

264,600 SF
Availability

1 Space

264,600 SF
For Lease Contact for pricing
View Details (opens in new window)
Lincoln-Way Dr

Lincoln-Way Dr, Elwood, IL
Property

VacantLand
For Sale

$679,900
View Details (opens in new window)
Third Coast Intermodal Hub Building 3

100 W Compass Blvd Joliet IL, Elwood, Joliet, IL
Property

Industrial

1,139,153 SF
Availability

1 Space

1,139,153 SF
Year Built

2023
For Lease Contact for pricing
View Details (opens in new window)
Third Coast Intermodal Hub

100 Compass Blvd., Elwood, Joliet, IL
Property

Industrial

4,041,772 SF
Availability

1 Space

4,041,772 SF
For Lease Contact for pricing
View Details (opens in new window)
3750 CenterPoint Way - Container Storage / Trailer Parking

CenterPoint Intermodal Center | 3750 CenterPoint Way (Container Storage / Trailer Parking), Elwood, Joliet, IL
Property

VacantLand
Availability

1 Space

515,750 SF
For Lease Contact for pricing
View Details (opens in new window)
3851 Brandon Road - Container Storage / Trailer Parking

CenterPoint Intermodal Center | 3851 Brandon Road (Container Storage / Trailer Parking), Elwood, Joliet, IL
Property

VacantLand
Availability

3 Spaces

2,203,263 SF
For Lease Contact for pricing
View Details (opens in new window)
CenterPoint Intermodal Center - 3801 CenterPoint Way

3801 CenterPoint Way, Elwood, Joliet, IL
Property

Industrial

485,476 SF
Availability

1 Space

485,476 SF
Year Built

2014
For Lease Contact for pricing
View Details (opens in new window)
47.14 AC (PAD 9) - Walter Strawn Drive

Walter Strawn Drive - PAD 9, Elwood, IL
Property

VacantLand
Availability

1 Space

2,053,418 SF
For Lease Contact for pricing
View Details (opens in new window)
Cubework Joliet

3901 Brandon Road, Elwood, Joliet, IL
Property

Industrial

826,755 SF
Availability

2 Spaces

52,500 SF
Year Built

2019
For Lease Contact for pricing
View Details (opens in new window)
S State Rt 53

S State Rt 53, Elwood, IL
Property

VacantLand
For Sale

$250,000
View Details (opens in new window)
23551 South Vetter Road

23551 South Vetter Road, Elwood, IL
Property

VacantLand
For Sale

$8,200,000
View Details (opens in new window)
39.29± AC Breen Rd

39.29± AC Breen Rd, Elwood, Joliet, IL
Property

VacantLand
For Sale

$5,135,000
View Details (opens in new window)
Joliet Logistics Park - Lot 2

MIillsdale Road and Route 53, Elwood, Joliet, IL
Property

Industrial

561,600 SF
Availability

1 Space

561,600 SF
Year Built

2025
For Lease Contact for pricing
View Details (opens in new window)
S Vetter Rd & N Townline Rd

S Vetter Rd & N Townline Rd Joliet, Elwood, Channahon Township, IL
Property

VacantLand

261.1 Acre
For Sale Contact for pricing
View Details (opens in new window)
Joliet Logistics Park - Lot 5

Millsdale Road and Route 53, Elwood, Joliet, IL
Property

Industrial

477,360 SF
Availability

1 Space

477,360 SF
Year Built

2025
For Lease Contact for pricing
View Details (opens in new window)
Joliet Logistics Park - Lot 3

Millsdale Road and Route 53, Elwood, Joliet, IL
Property

Industrial

453,600 SF
Availability

1 Space

453,600 SF
Year Built

2025
For Lease Contact for pricing
View Details (opens in new window)
38.49 Acres Available for Sale Adjacent to UP/BNSF Intermodals

21150 W Noel Rd, Elwood, IL
Property

Other
For Sale Contact for pricing
View Details (opens in new window)
S Chicago Street & W Schweitzer Road

S Chicago Street & W Schweitzer Road, Elwood, Joliet, IL
Property

VacantLand
For Sale

Call For Info
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Elwood market, there is a total of 11,915,723 square feet of industrial property.

The listing inventory in Elwood incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Elwood is represented by Industrial space, which accounts for 9,010,751 square feet of available listings.

Meanwhile, most of the listings of commercial property for sale in Elwood are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Elwood, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

The average size of a commercial property in Elwood depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

Industrial space in Elwood is in buildings that are, on average 1,083,248 square feet in size.

Elwood, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Elwood currently add up to 15,035,923 square feet. Industrial space for rent opportunities in Elwood amount to 9,010,751 square feet across a total of 11 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Industrial	11	9,010,751
Other	5	6,025,172

Elwood, IL Commercial Real Estate for Lease and Sale

Third Coast Intermodal Hub Building 2

CenterPoint Intermodal Center - 21051 Walter Strawn Drive

11.5 AC (PAD 11) - Mississippi Avenue

Third Coast Intermodal Hub Building 1

1945 Patterson Road - Container Storage / Trailer Parking

21505 Mississippi Avenue | Elwood, IL

Lincoln-Way Dr

Third Coast Intermodal Hub Building 3

Third Coast Intermodal Hub

3750 CenterPoint Way - Container Storage / Trailer Parking

3851 Brandon Road - Container Storage / Trailer Parking

CenterPoint Intermodal Center - 3801 CenterPoint Way

47.14 AC (PAD 9) - Walter Strawn Drive

Cubework Joliet

S State Rt 53

23551 South Vetter Road

39.29± AC Breen Rd

Joliet Logistics Park - Lot 2

S Vetter Rd & N Townline Rd

Joliet Logistics Park - Lot 5

Joliet Logistics Park - Lot 3

38.49 Acres Available for Sale Adjacent to UP/BNSF Intermodals

S Chicago Street & W Schweitzer Road

Frequently Asked Questions

Elwood, IL Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

Elwood, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Elwood, IL?

What factors affect the price of commercial real estate in Elwood, IL?

What are the best areas for commercial real estate in Elwood, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Elwood, IL?

Elwood, IL Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us