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Property Description
BEAUTIFULLY UPDATED 2-bedroom ranch home for sale in the heart of Elwood, IL! Situated on a spacious corner lot of over a quarter acre, this charming one-story home features a detached 3-car tandem garage with workshop potential! The home boasts a stunningly remodeled, brand-new kitchen and bathroom, both completed in 2026! The entire home has been freshly painted throughout, including the basement. A spacious 25x7 front porch welcomes you into this charming home, offering a comfortable living room and a formal dining room featuring original hardwood floors, trim, and hardwood doors, along with a full-size unfinished basement awaiting your finishing touches! One of the most unique features of this home is its unusually high ceilings, which create a wonderful sense of openness and make the living spaces feel exceptionally spacious. Step outside and enjoy the large, private backyard, fenced on three sides with fencing that's only 7 years old! An 11x10 storage shed provides plenty of room for lawn equipment and outdoor essentials. ATTENTION MECHANICS, CAR ENTHUSIASTS, AND HOBBYISTS! The detached 3-car tandem garage is a fantastic find, offering plenty of room for your vehicles, tools, projects, or a workshop! And here's a bonus you'll appreciate: an air compressor in the garage and a backup generator! Whether you love working on cars, tackling projects, or simply need extra space for your equipment, this garage is a feature you won't want to overlook! LOCATION! LOCATION! LOCATION! Situated in downtown Elwood, within walking distance of the children's park, just a minute from Route 53 and approximately 8-10 minutes from I-55 and I-80, this home offers convenient access for commuters while maintaining its small-town charm. NEWS & UPDATED: Roof is about 13 y.o., Furnace & Central Air - 2019, Generac Generator- 2010, HWH - 2020, Kitchen & Bath Remodel - 2026. Beautifully updated, full of character, and move-in ready - this Elwood one-story home with a 3-car garage is one you don't want to miss!
Full Property Details
Full Property Details for 107 S Chicago Ave
General
- Price: $249,900
- Taxes: $2,955 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12791344
Interior
- Basement: Unfinished
- Appliances: Range, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service, Commuter Bus, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Detached, Garage
Location
- Area: Elwood
- County: Will
- Township: Jackson
- Driving Directions: Rt 53 to Mississippi Ave to Chicago Ave
School Information
- School District: 203
- Elem School District: 203
- Midd School District: 203
- High School District: 204
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Steel Siding
- Exterior Const.: Steel Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 1,082
- Sq. Ft. Source: Landlord/Tenant/Seller
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Lot Features
- Lot Size (Acres): 0.26
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 77 x 150
Financial Considerations
- Tax Amount: $2,955.2
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1011291200160000
Listed by Allison Towne Realty, Inc.
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Schools
Schools serving 107 S Chicago Ave
School Districts:Elwood Community Consolidated School District 203, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Elwood Child Care School 409 North Chicago Street, Elwood, IL 60421 | PK-8 | 0.3 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 8.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 107 S Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,955
—
$51,519
10%
2025
$2,955
35%
$46,891
10%
2023
$2,197
-14%
$42,578
8%
2022
$2,541
—
$39,446
4%
2022
$2,541
38%
$37,814
7%
2020
$1,836
—
$35,256
2%
2019
$1,845
-3%
$34,400
—
2018
$1,905
5%
$34,421
5%
2017
$1,817
2%
$32,807
2%
2016
$1,785
6%
$32,180
5%
2015
$1,686
-4%
$30,750
—
2014
$1,760
4%
$30,750
—
2013
$1,685
-6%
$30,750
-6%
2012
$1,796
—
$32,784
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 S Chicago Ave
107 S Chicago Avenue, Elwood, IL 60421 (MLS# 12791344) is a Single Family property with 2 bedrooms and 1 full bathroom. 107 S Chicago Avenue is currently listed for $249,900 and was received on October 21, 2026. Want to learn more about 107 S Chicago Avenue? Do you have questions about finding other Single Family real estate for sale in Elwood? You can browse all Elwood real estate or contact a Coldwell Banker agent to request more information.

