The median home value in Elwood, IL is $225,000.
This is
lower than
the county median home value of $269,000.
The national median home value is $308,980.
The average price of homes sold in Elwood, IL is $225,000.
Approximately 83% of Elwood homes are owned,
compared to 13% rented, while
4% are vacant.
Elwood real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Elwood real estate agent to arrange a tour today! Learn more about Elwood.
This exceptional property generates over $10,000 per month in rental income, offering a consistently strong revenue stream. Appraise at list price. Welcome to 24134 State Route 53, Elwood, IL 60421 - a phenomenal investment opportunity just a half-mile from the famous Chicagoland Speedway! This 2.6-acre cash cow is perfectly tailored for investors seeking cash flow multiunits, offering a unique blend of residential properties. This rare gem boasts three single-family homes and a fully rented duplex apartment, all nestled within a prime location on Route 53. But that's not all! The property also features three expansive pole buildings (43x63, 41x92 & 33x75), all equipped with heated workshops, additional garages, and ample space for further development. The potential for growth and cash flow here is truly unparalleled! In-ground pool, city water, and sewer. Zoning is R-1B & B3. On 2 PIN numbers.
This exceptional property generates over $10,000 per month in rental income, offering a consistently strong revenue stream. Appraise at list price. Welcome to 24134 State Route 53, Elwood, IL 60421 - a phenomenal investment opportunity just a half-mile from the famous Chicagoland Speedway! This 2.6-acre cash cow is perfectly tailored for investors seeking cash flow multiunits, offering a unique blend of residential properties. This rare gem boasts three single-family homes and a fully rented duplex apartment, all nestled within a prime location on Route 53. But that's not all! The property also features three expansive pole buildings (43x63, 41x92 & 33x75), all equipped with heated workshops, additional garages, and ample space for further development. The potential for growth and cash flow here is truly unparalleled! In-ground pool, city water, and sewer. Zoning is R-1B & B3. On 2 PIN numbers.
This exceptional property generates over $10,000 per month in rental income, offering a consistently strong revenue stream. Appraise at list price. Welcome to 24134 State Route 53, Elwood, IL 60421 - a phenomenal investment opportunity just a half-mile from the famous Chicagoland Speedway! This 2.6-acre cash cow is perfectly tailored for investors seeking cash flow multiunits, offering a unique blend of residential properties. This rare gem boasts three single-family homes and a fully rented duplex apartment, all nestled within a prime location on Route 53. But that's not all! The property also features three expansive pole buildings (43x63, 41x92 & 33x75), all equipped with heated workshops, additional garages, and ample space for further development. The potential for growth and cash flow here is truly unparalleled! In-ground pool, city water, and sewer. Zoning is R-1B & B3. On 2 PIN numbers.
Welcome to this beautiful 2 story home that sits on 1 acre! The main floor features a living room, formal dining room and family room with hardwood flooring. The family room includes a vaulted ceiling, skylight, gorgeous floor to ceiling stone fireplace and door that leads out to newer 24x20 deck that overlooks your spacious backyard that has been professionally landscaped. The kitchen has an island with breakfast bar, table space, pantry closet and all kitchen appliances stay. There is also a powder room and large laundry room/mud room located on main floor. The second floor offers 3 bedrooms, 2 full bathrooms and loft. The master bedroom has a large walk-in closet and private master bathroom featuring a vaulted ceiling, skylight, whirlpool tub and separate shower. The loft overlooks the family room and has closet space. It can easily be converted to a 4th bedroom if desired. The basement has been finished and has the perfect space that can be used for a playroom, game room, open media room, office, etc. There are also 2 storage rooms and a bathroom rough-in. Other wonderful amenities include: 3 car heated garage with hot and cold water, concrete driveway, large attic for storage, natural gas backup generator with automatic transfer switch, 10x12 cedar shed, above ground pool, and play set! The roof and cedar siding were replaced 5-6 years ago. The furnace and A/C replaced 4 years ago. Easy access to I-55 and I-80. This home is a must see! Schedule your showing and see what this property has to offer! Make this your new home for the holidays!
HERE IS YOUR OPPORTUNITY TO OWN THIS SPRAWLING RANCH ON HUGE 2+ ACRE SITE. SELLER IS VERY MOTIVATED AND HAS CARED FOR THIS HOME BUT NOW MUST MOVE ON.. THERE ARE MANY MATURE TREES ON THIS PROPERTY WHICH IS LOCATED IN A VERY PRIVATE SUBDIVISION. 2 CAR ATTACHED GARAGE WITH EXTRA LARGE DRIVEWAY FOR ADDITIONAL PARKING. FULL, PARTIALLY FINISHED BASEMENT HAS GAME ROOM AND REMODELED FAMILY ROOM WITH FIREPLACE. THERE IS A FULL BATH IN BASEMENT AREA ALSO. THE LIVING ROOM DINING ROOM COMBO HAS HARDWOOD FLOORING AND A LARGE STONE FIREPLACE. THE LARGE COUNTRY SIZE KITCHEN HAS AMPLE CABINET SPACE AND DINING AREA. THE MASTER BEDROOM HAS GORGEOUS VAULTED CEILING AND HAS ITS OWN LUXURY BATH WITH SEPARATE SHOWER. THE SECOND AND THIRD BEDROOMS SHARE ANOTHER FULL BATH. FOR YOUR ADDED COMFORT THERE IS A 32 FOOT SCREENED IN PORCH OFF THE LIVING ROOM. GAS FORCED AIR FURNACE NEW IN 2023. NEW WATER HEATER AND SUMP PUMP AND BATTERY BACKUP IN 2022 AND 2023. ADVANCE NOTICE NEEDED FOR SHOWINGS.
If you have been looking for acreage, (4.82 AC) with a 54 x 30 Morton building that has heat (just needs to have gas reconnected) then this is the place*Home backs up to Jackson creek but is far enough away to never flood*There is a horse barn with 2 box stalls with tie ups and a hay loft*The home has 5 bedrooms and a huge eat in kitchen with plenty of cabinet space*Big living room with hardwood flooring and beamed ceiling*Family room off the kitchen with wood and beam ceiling and plenty of windows to enjoy the wild life outside*Rec room in basement, shower and wash tub with washer and dryer*Freezer stays in basement and As-Is*The whole house Hot water heater is disconnected and there is a separate WH (2013) for the home*Some of the windows are newer*The Whirlpool tub needs to be reconnected to the hot water*Roof and back deck awning (2014)*Invisible fence with collar for Fido*Newer front and back doors (2017)*Outside plug for future generator*Chicken coop for your chickens and for you to enjoy fresh farm eggs for breakfast*3Car garage*Covered picnic area with storage closet*Big cement driveway up to home and circles to gravel drive to Morton building*This is the one if you're looking for country acre's and a Big Morton building for your big boy toy's, plus your horses and chickens too!
This property is a must-see, well-built spacious 3-bedroom brick ranch with attached 2.5 car garage located on a professionally landscaped oversized corner lot. The vaulted ceilings provide an open feel in the dining room, kitchen and living room. Beautiful wood burning fireplace. The washer and dryer is conveniently located on the main level. Spacious bedrooms have ample closet space. Furnace, AC, Water softener and hot water heater all replaced within the last 6 years. Pristine condition and move in ready! Home is located in a quite one entry subdivision located in Manhattan/LW School Districts.
Welcome to this BEAUTIFULLY custom 2 story home located in Noel estates! This house brings a warm and welcoming feeling right when you walk in. no updates needed. MOVE IN READY. This spacious open concept kitchen and family room is perfect for entertaining. All kitchen appliances are only 1 year old! A dual washing machine! The sunroom was added on, also including built in speakers and led lighting on ceiling making it that much more cozy! Main level bathroom was redone in 2021. First floor bedroom was turned into a salon/boutique- can be transformed into bedroom. Main level also includes a huge living space that would be perfect for an office or dining area! Master bathroom was UPDATED in 2021. Including: all custom waterproof floors, steamer shower, copper soaking tub! Basement COMPLETELY updated in 2020. Including a custom built Theater room with built in speakers, theater lighting, projector screen. Beautiful built in bar, perfect for entertaining! additional room space in basement. WHOLE well water filtration system. WHOLE house generator. ALL new drainage system 2019. Outside includes a incredible deck leading out to a custom built gazebo. You wont want to miss out on this opportunity!
Just shy of 5 acres with frontage on Rt 53 in Elwood. This land sits right on a highly visible curve south of Manhattan Rd on Route 53. Currently zoned A-1. Minutes to Autobahn, Chicagoland Speedway, interstates 80 & 55, ExxonMobile and downtown Elwood.
Nearly 1/2 acre lot in upscale neighborhood-Wooded Cove is ready for your new construction home. City water & sewer to site with asphalt paved roads & sidewalks, yet the oversized lots with mature trees and rolling landscape create a rural country atmosphere. This lot will likely provide for at least a look-out basement, if not a walk-out basement. Close proximity to I-55, I-80 and Rt. 53.
This lot is located in the heart of the new Commercial District on Mississippi Street which is the main street into town. Located across from the Dollar General and a strip mall with new shops in the area. The lot has high visibility with curbs and street cut in. This is a great area to start your business would be a great spot for a Grocery Store, Hardware Store, etc. Additional lots are available and can be purchased in multiple lots.
This commercial lot is located in the heart of the new Commercial District on Mississippi Street which is the main street into town. This would make an ideal location for a Grocery Store, Hardware Store, etc. Located across from a strip mall and next to the Village of Elwood City Hall. This is the ideal place to start a business with high visibility curbs and street cut in. Additional lots are available for purchase can be purchase in multiple lots.
This commercial lot features is a highly traveled area with high visibility located on a corner with curbs and street cut in. It has already been proposed for fast food and with all the exposure this corner lot would be ideal off a Rt. 53. This area is growing and ready to develop with many light industrial buildings already up and running. Additional lots are available and can be purchased in multiple lots.
3 spaces Available at The Shoppes of Elwood. Join Subway, Silver Dollar Restaurant, Jack's Tap, Nexus Employment & The Hair Code. Drive Thru-End Cap unit 400 - 2,122-5,660sf; **Please note this unit is $14.00 per sf; unit 402 - 1,536 sf; unit 412 - 2,112 sf; Extremely competitive lease rates at or below market lease prices for this newer center that is of the highest construction design. ****Owner will provide a "Vanilla Box" for a minimum of a 2 year lease****Right next to Heartland Bank and Dollar General. Across the street is the Village Hall. Within a mile from CenterPoint Intermodal Center, International Freight Terminal. 12 million sf of Warehouses, which is expected to have up to 8,000 jobs. The Lincoln Memorial National Cemetery, for members of the Armed Forces and their families. As many as 5-20 burials a day. Even though Elwood is a small town, this area is continually growing. There are over 6500 cars/trucks per day pass by this center.
5 spaces Available at The Shoppes of Elwood. Join Subway, Silver Dollar Restaurant, Jack's Tap, Nexus Employment & The Hair Code. Drive Thru-End Cap unit 400-2,122-5,660sf; **Please note this unit is $14.00 per sf; unit 402-1,536 sf; unit 412 - 2,112 sf; Extremely competitive lease rates at or below market lease prices for this newer center that is of the highest construction design. ****Owner will provide a "Vanilla Box" for a minimum of a 2 year lease****Right next to Heartland Bank and Dollar General. Across the street is the Village Hall. Within a mile from CenterPoint Intermodal Center, International Freight Terminal. 12 million sf of Warehouses, which is expected to have up to 8,000 jobs. The Lincoln Memorial National Cemetery, for members of the Armed Forces and their families. As many as 5-20 burials a day. Even though Elwood is a small town, this area is continually growing. There are over 6500 cars/trucks per day pass by this center.
5 spaces Available at The Shoppes of Elwood. Join Subway, Silver Dollar Restaurant, Jack's Tap, & The Hair Code. Drive Thru-End Cap unit 400-2,122-5,660sf; **Please note this unit is $14.00 per sf; unit 402 - 1,536 sf; unit 406 are 1,001 sf; unit 412 - 2,112 sf; Extremely competitive lease rates at or below market lease prices for this newer center that is of the highest construction design. ****Owner will provide a "Vanilla Box" for a minimum of a 2 year lease****Right next to Heartland Bank and Dollar General. Across the street is the Village Hall. Within a mile from CenterPoint Intermodal Center, International Freight Terminal. 12 million sf of Warehouses, which is expected to have up to 8,000 jobs. The Lincoln Memorial National Cemetery, for members of the Armed Forces and their families. As many as 5-20 burials a day. Even though Elwood is a small town, this area is continually growing. There are over 6500 cars/trucks per day pass by this center.
3 spaces Available at The Shoppes of Elwood. Join Subway, Silver Dollar Restaurant, Jack's Tap, Nexus Employment & The Hair Code. Drive Thru-End Cap unit 400-2,122-5,660sf; **Please note this unit is $14.00 per sf; unit 402 - 1,536 sf; unit 412 - 2,112 sf; Extremely competitive lease rates at or below market lease prices for this newer center that is of the highest construction design. ****Owner will provide a "Vanilla Box" for a minimum of a 2 year lease****Right next to Heartland Bank and Dollar General. Across the street is the Village Hall. Within a mile from CenterPoint Intermodal Center, International Freight Terminal. 12 million sf of Warehouses, which is expected to have up to 8,000 jobs. The Lincoln Memorial National Cemetery, for members of the Armed Forces and their families. As many as 5-20 burials a day. Even though Elwood is a small town, this area is continually growing. There are over 6500 cars/trucks per day pass by this center.
This desired corner lot in the quaint Wooded Cove subdivision won't last long! Coming in at just under half an acre, this lot is the perfect place to build your dream home. You are just minutes from Erickson Park and Children's Garden, making this property the perfect location for the nature lover or anyone who is looking to spend more active time in their community! Elwood Community Consolidated School K-8th Grade; Joliet Central High School
5.41 ACRES CONSISTING OF 3 COMMERCIAL LOTS IN ELWOOD TOWN CENTER TO BE SOLD AS ONE PARCEL. SUBJECT SITES ARE ON THE NORTHWEST SIDE OF ILLIONIS ROUTE 53 ( WITH 958 FEET FRONTAGE) 240 FT OF FRONTAGE ON MISSISSIPPI AVE. AND 868 FEET FRONTAGE ON THE SOUTHEAST SIDE OF LINCOLN WAY DR. THERE IS ONE CURB CUT ALONG MISSISSIPE AVE. AND TWO CURB CUTS ALONG THE LINCOLN WAY DR. FRONTAGE. LOCATED ON HEAVILY TRAVELED RT. 53 AND MISSISSIPPI AVE. BEING THE MAIN THOUROUGHFARE TO TOWN. GREAT OPPORTUNITY TO BE PART OF ELWOOD'S FAST GROWING COMMUNITY,COME JOIN ELWOOD'S BUSINESS DISTRICT AMONG NEARBY DOLLAR GENERAL, NEWER COMMERCIAL RETAIL CENTER AND VILLAGE HALL. ACCESSIBLE TO INTERSTATE 80 APPRX. 5 MILES SOUTH AND I-55 INTERCHANGE VIA ARSENAL ROAD NORTH AND WEST OF VILLAGE.
One of the Largest Lots in WOODED COVE ESTATES! Very desirable subdivision surrounded by mature trees. Enjoy the feel of country living at it's finest. Lovely location in subdivision on a beautiful cul-de-sac. The 1/2 acre lot is placed slightly higher than others surrounding which is a plus. City public water, sewer, fire hydrants. The location features walking trails close by and is minutes from I-55 and Route 53 ~ NOTE: There is an additional 1/2 acre lot also available next to this property
Fantastic Corner Lot in WOODED COVE ESTATES! Situated in this very desirable subdivision surrounded by mature trees. Depending on placement of home, property will hold the address of 21416 Wooded Cove Drive or 20134 W. White Tail Court, you build, you choose! Enjoy the feel of country living at it's finest. Over an 1/2 acre lot, placed slightly higher than others surrounding which is a plus. City public water, sewer, fire hydrants. The location features walking trails close by and is minutes from I-55 and Route 53 ~ NOTE: There is an additional 1/2 acre lot also available next to this property located in the cul-de-sac on White Tail
Just over a 1/2 acre on beautiful water view property in the Wooded Cove subdivision minutes from shopping, parks and expressways. Build your dream home on this spacious and peaceful setting! ****Tax map uploaded under Info docs****
Private 10 acre estate. 1 of a kind property w/home plus 80x60 custom out building. Main floor offers master suite & private office Features soaring c-lings ~8ft raised panel solid HW doors. All windows have wood blinds & fabric. Upstairs - 3BR/2BA PLUS bonus room. Finished basement incl *Theatre (equip stays) & Bar all w/heated tile floors. Entertain in style! Gorgeous brick patio land&lightscaping /HUGE outbldg has 3 OH doors perfect for large equip or toys. Complete home entertainment system with video and audio remote controls, Indoor and outdoor stereo speakers, true home theatre with projector and 10 ft roll down screen, full large wet bar with back cabinets and overhead and Accent lighting. Out building: 60ft X 80ft X 12ft eave, 3 overhead doors, 2 pedestrian doors. Steel primary framing, wood secondary framing, metal clad roof and walls, silicone White reflective roof coating, liner panels on ceiling, plywood walls, R 20 insulated, LED lighting, water and septic, filtration and booster pump, 200A electric service. Air compressor, welder receptacles, storage mezzanine, work bench with storage, Partitioned, concrete floors, water filtration and booster pump. Flag pole with night lighting, vegetation accent well lights, walkway lighting, Pathway lighting, security lighting. All exterior lighting either photocell or timer Controlled. Appliances: Double oven, island cook top with exhaust, refrigerator, microwave, washer, dryer (front load) additional refrigerator in lower level, wine cooler and refrigerator at wet bar lower level. Attached 3 car plus garage with tiled floor, kitchen style cabinets, and deep sink. Fireplaces: Living room and family room (natural and gas log) Heat/fuel: Natural Gas, two furnaces and air conditioners, hot water generator and radiant floors in lower level and attached garage Lot Description: Paver brick walkways, multi level paver brick patio with hammock and swing stand, flower beds all around the home and remote in yard, mature landscaping. Sewer: septic system Water: well dual service, home and out building, whole house filtration, pressure booster, saltless softener. Electric service: 400A, 200A to home, 200A to out building, 36KW (150A) backup generator, separately housed with automatic transfer switches. Property is contiguous to large wetland (permanently undevelopable) with an Abundance of wildlife including deer, rabbits, squirrels, birds, etc. etc., Sharp Road dead ends at this property, no through traffic. Crop lease in effect for 6.5 acres of the ten acre parcel, rotating corn and Beans annually. Recent Improvements: New roof, 20 year, 120MPH wind rated, architectural shingle, Sept. 17.2013 New well, 20GPM installed 5.20.21 Recently painted trim work. New aluminum patio room 2020 Water: Must be seen to be fully appreciated. Meticulously maintained and in excellent condition.. Property will be shown by appointment only to qualified buyers. Too Much to Mention!! Pre approval loan letters are required with any offer Occupancy will be at closing and schedules can be discussed following an acceptable offer. Call for private tour.
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