About The Property

Rare opportunity to own a unique income-producing property featuring two separate homes situated on one oversized lot in the growing community of Elwood, Illinois. Previously tenant occupied with monthly rents totaling approximately $3,650, this versatile property presents an excellent opportunity for investors, multi-generational living, or owner-occupants looking to generate additional rental income. Both residences offer separate living spaces with endless possibilities for long-term rentals, related living arrangements, or future value-add potential. The expansive lot provides additional outdoor space, parking flexibility, storage opportunities, and room to further enhance the property over time. Whether you are an experienced investor looking to expand your portfolio or a buyer searching for a property with built-in income potential, thisRead MoreRead Less
Courtesy of Avenue Properties Chicago [email protected]
Listing Snapshot
Days Online
18
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Lot Size
0.37 Acres
MLS Number
12658168
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Additional Details

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Basement
"None"
Building
Area: 0, Construction Materials: "Vinyl Siding", Rebuilt: No
Cooling
"None"
Accessibility Features
No
Heating
"Natural Gas", "Forced Air"
Home Owner's Association
Dues include: "None"
Lot
0.37 acres, Dimensions: 156 x 103
Parking
Parking included in price, Parking Total: 4, "Yes", "Owned"
Sewer
"Public Sewer"
Utilities
Water Source: "Public"
Taxes
Annual Taxes: $3,331, Year: 2025, Exemptions: None
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30 Days Snapshot Of 60421
$167k
-54%
(avg) sold price
1
-87%
home sold
14
-36%
(avg) days on market
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Monthly Payment
$0

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