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$33,500 Just Listed
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Property Description
This desired corner lot in the Wooded Cove subdivision won't last long! Just under half an acre, this lot is the perfect place to build your dream home. Minutes from Erickson Park & Children's Garden! Elwood K-8 | Joliet Central HS
Full Property Details
Full Property Details for 21140 Magnolia Ln
General
- Price: $33,500
- Taxes: $1,273 (2022)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12600465
- Updated: 3/26/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: None
Location
- Area: Elwood
- County: Will
- Township: Jackson
- Subdivision: Wooded Cove
- Driving Directions: Starting on W Manhattan Rd, Head South on Magnolia Ln, Property is located on the NW corner of Magnolia Ln and Wooded Cove Dr
School Information
- School District: 203
- Elem School District: 203
- Midd School District: 203
- High School District: 86
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Basement Desc.: None
- Square Feet: 0.47
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 0.47
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 167 x 24.57 x 85.25 x 178.37 x 143.19
- Frontage: Frontage Road
- Frontage Feet: 167
- Street/Road Desc.: Asphalt
- Zoning: SINGL
Financial Considerations
- Tax Amount: $1,273.98
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1011174010030000
Listed by The Wallace Real Estate Group, INC.
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Schools
Schools serving 21140 Magnolia Ln
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 | 1.6 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21140 Magnolia Ln
Date
Details
Price
Change
Source
3/26/2026
Listed
$33,500
-10.67%
MLS
7/11/2025
Sold
$37,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 21140 Magnolia Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$1
-100%
2023
100%
$16,892
-3%
2022
-100%
$17,497
4%
2020
$1,240
—
$16,772
2%
2020
$1,240
-2%
$16,376
2%
2019
$1,262
-3%
$16,000
—
2018
$1,302
2%
$16,008
5%
2017
$1,271
1%
$15,257
2%
2016
$1,261
3%
$14,965
5%
2015
$1,221
-4%
$14,300
—
2014
$1,274
4%
$14,300
—
2013
$1,220
-3%
$14,300
-10%
2012
$1,253
—
$15,894
—
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 21140 Magnolia Ln
21140 Magnolia Lane, Elwood, IL 60421 (MLS# 12600465) is a Lots/Land property with a lot size of 0.47 acres. 21140 Magnolia Lane is currently listed for $33,500 and was received on March 26, 2026. Want to learn more about 21140 Magnolia Lane? Do you have questions about finding other Lots/Land real estate for sale in Elwood? You can browse all Elwood real estate or contact a Coldwell Banker agent to request more information.

