For Sale21d on market
306-310 S Lincoln St
Elwood, IL, 60421 • 60421 • Will County
$315,000
$368/sqft
Down payment assistance available
2Beds
1Baths
857Sqft
0.37 acLot
1950Built
Property DNA
Bungalow Style
Built 1950 · 76 years of history
Second Residence
Second Residence
This home is getting attention
Listed 21 days ago · 581 views · 22 saves
Market activity
Demand and pricing signals for this listing
581 views
People checking out this listing
22 saves
Buyers have saved this home
21 days on market
Recently listed
$368/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 48% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1950
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.
Estimated monthly payment
Based on current rates
$1,965/month
Principal & Interest$1,545
Property Tax$315
Insurance$105
Down payment20% ($63,000)
3%50%
Est. 6.21% rate · 30yr fixed · $252,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1950
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking4 Open Parking spaces
Lot0.37 Acres
Days on Zillow21 Days
Price/sqft$368
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleBungalow
Year built1950
Stories1
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
ConstructionAluminum Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOff Street, Driveway, Yes, Other
BasementCrawl Space
Lot0.37 Acres
Location & Tax
Neighborhood60421
Annual tax$3,060
Parcel1011291300150000
Bathrooms & Fees
Full baths1
Features & details
8 categories of property features
Interior Features
Heating
Natural Gas
Forced Air
Cooling
Central Air
Accessibility
No Disability Access
Exterior Features
Parking
Off Street
Driveway
Yes
Other
Construction
Aluminum Siding
Lot Features
Corner Lot
Community
Curbs
Sidewalks
Street Paved
Other Structures
Second Residence
Room details
19 rooms detailed
Master Bedroom
Main11×9 ft99 sqft
Bedroom2
Main11×8 ft88 sqft
Bedroom3
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market21
Tax rate2.17%
Price/sqft$368
On marketMar 6, 2026
PostedMar 6, 2026
MLS statusActive
MLS updatedMar 11, 2026
Tour days9
Views581
Favorites22
How are the schools in Elwood?
2 schools rated nearby
Location
Elwood, IL, 60421
Price history
1 event
DateEventPrice$/sqftSource
Mar 6, 2026Listed For Sale$315,000$368MRED as distributed by MLS GRID
Listed For Sale$315,000
Mar 6, 2026•$368/sqft•MRED as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Elwood, IL • Will County
Nearby cities
BolingbrookFrankfortJolietLockportMokenaNapervilleNew LenoxPlainfield
Nearby zip codes
60421
Similar homes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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