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Equipment Building 26336 S Heritage Dr 10,985 SF Industrial Building Elwood, IL 60421 $4,928,299 CAD ($448.64 CAD/SF)
Investment Highlights
- 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
- 3.29 acres (with the possibility to expand property to 5.45 acres)
- Fire sprinkler system, monitored fire alarm, security camera and alarm systems
- Approximately 2.17 +/- acres of secure fenced yard space with a combination of paved, concrete, and gravel surfaces.
- In-floor radiant heat, 8" concrete floors (in the shop area)
- 5 Overhead doors
Executive Summary
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.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$45,841
|
$4.58
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$45,841
|
$4.58
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $45,841 |
| Annual Per SF | $4.58 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $45,841 |
| Annual Per SF | $4.58 |
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Floor Drains
- Mezzanine
- Security System
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
- Breakroom
- Perimeter Security Fence
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 10-11-29-206-005 | Total Assessment | $212 CAD (2024) |
| Land Assessment | $212 CAD (2024) | Annual Taxes | $45,841 CAD ($4.17 CAD/SF) |
| Improvements Assessment | $0 CAD (2024) | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
10-11-29-206-005
Land Assessment
$212 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$212 CAD (2024)
Annual Taxes
$45,841 CAD ($4.17 CAD/SF)
Tax Year
2025 Payable 2026
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Equipment Building | 26336 S Heritage Dr
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