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Elwood, IL, 60421 • 60421 • Will County
$368/sqft
Down payment assistance available
2Beds
1Baths
857Sqft
0.37 acLot
1950Built
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
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
This home ranks in the top 48% of listings most likely to go under contract soon, based on market activity and demand signals.
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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.
Based on current rates
Est. 6.21% rate · 30yr fixed · $252,000 loan
Full calculator →Key facts and listing details
8 categories of property features
19 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
Bedroom4
Other
Other
Market data and value estimates
2 schools rated nearby
Elwood, IL, 60421
1 event
Local context around this listing
Elwood, IL • Will County
Nearby cities
Nearby zip codes
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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