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Elwood, IL 60421

$315,000
New / MLS# 12568661 / Residential - Single Family / Elwood
2 Beds
1 Bath
857 SqFt

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.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 1,046.88 per month $700.00 Principal & Interest $255.00 Property Tax $91.88 Homeowner's Insurance
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Property Details

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Central Air
Heating: Natural Gas, Forced Air
Home Style: Bungalow
Lot Size: 0.37 Acres
Taxes: $3,060
Year Built: 1950

Feature Descriptions

Additional rooms: No additional rooms
Additional Structures: Second Residence
Association Includes: None
Dining Room: None
Exterior: Aluminum Siding
Lot: Corner Lot
Lot Dimensions: 156 x 103
Parcel#: 1011291300150000
Parking: Off Street, Driveway, Yes, Other
Sewer: Public Sewer
Total Rooms: 4
Township: Jackson
Water: Public

Room Information

Bedroom 2: 11X8
Kitchen: 12X10
Laundry: 11X9
Living Room: 15X12
Primary Bedroom: 11X9

Schools

High School: Joliet Central High School
Middle School: Elwood C C School
Elementary School: Elwood C C School
School District: District 204

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Keller Williams Infinity

Listing Office Phone: 815-267-1158



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