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Date
Details
Price
Change
Source
3/06/2026
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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![[Address not provided], Elwood, IL 60421 - Photo 1](https://m.cbhomes.com/p/155/12568661/eaFF598B52354Ee/pds23tp.webp)
1/17
$315,000 Just Listed
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1/17
Property Description
GREAT CASH FLOW INVESTMENT OPPORTUNITY! Single-family home featuring an additional detached second residence on the same parcel. Each home offers 2 bedrooms and 1 bath with separate utilities and individual driveways. One home is currently rented at $1,600/month (month-to-month) providing immediate income, while the second unit is rent-ready and previously rented for $1,800/month. The 103' x 155' lot has already been approved for subdivision into two approximately 7,500 sq ft parcels with separate addresses in place (buyer to complete process), creating strong long-term upside potential in addition to current cash flow. Property is being sold AS-IS. Cash buyers preferred for a quick closing.
Full Property Details
Full Property Details for MLS# 12568661
General
- Price: $315,000
- Taxes: $3,060 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12568661
- Updated: 3/6/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Paved
Interior
- Basement: Crawl Spac
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 4
- Parking Features: Off-Street, Driveway, Yes, Other
Location
- Area: Elwood
- County: Will
- Township: Jackson
- Driving Directions: Corner of S Lincoln and W South
School Information
- School District: 203
- Elem School District: 203
- Midd School District: 203
- High School District: 204
- Elementary School: Elwood C C School
- Middle School: Elwood C C School
- High School: Joliet Central High School
- Private School: Joliet Central High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Bungalow
- Architectural Style: Bungalow
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Square Feet: 857
- Sq. Ft. Source: Appraiser
- Year Built: 1950
- Built Before 1978: Yes
Additional Structures
- Other Structures: Second Residence
Lot Features
- Lot Size (Acres): 0.37
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 156 x 103
- Lot Features: Corner Lot
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1950
- Tax Amount: $3,060
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1011291300150000
Listed by Keller Williams Infinity
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— MLS# 12568661 —
Keller Williams Infinity
(630) 608-7400
NMLS#: 1598647
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Price & Sales History for MLS# 12568661
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 3,042Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,600Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 2,268Sq. Ft.
![[Address not provided], Channahon, IL 60410 - Photo 1](https://m.cbhomes.com/p/155/12578556/073b91dCBf724ef/s23cc.webp)
- Single Family
- Active
- Updated 17 hours ago
- 4Beds
- 3Total Baths
- 3,100Sq. Ft.
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- Single Family
- Active
- Updated 11 hours ago
- 3Beds
- 3Total Baths
- 2,400Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,613Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 2,370Sq. Ft.
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MLS# 12568661, Elwood, IL 60421 (MLS# 12568661) is a Single Family property with 2 bedrooms and 1 full bathroom. MLS# 12568661 is currently listed for $315,000 and was received on March 06, 2026. Want to learn more about MLS# 12568661? 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.