The median home value in Elwood, IL is $225,000.
This is
lower than
the county median home value of $269,000.
The national median home value is $308,980.
The average price of homes sold in Elwood, IL is $225,000.
Approximately 83% of Elwood homes are owned,
compared to 13% rented, while
4% are vacant.
Elwood real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Elwood real estate agent to arrange a tour today! Learn more about Elwood.
Market time reflects the short sale process. Home is in excellent condition. Short sale is in the final stages of bank approval, and the current list price reflects the lender-approved figures. Absolutely stunning Cape Cod completely updated 3 yrs ago on nearly a 1/2-acre private, wooded lot with serene views! This one-of-a-kind home boasts a 1st floor Master bedroom, zoned climate control in every room, large family room with a beautiful floor-to-ceiling wood-burning fireplace, plus a bright and airy sunroom featuring huge windows, triple-wide French doors, and a charming swing bench. The open-concept layout includes 4 generously sized bedrooms with ample closet space-including a large main-floor bedroom that could also be an office, or playroom. The spacious kitchen with natural light and featuring a huge 8-foot island, quartz countertops, tons of new cabinetry with wired under-cabinet lighting, newer high-end stainless-steel appliances, newer Life Proof flooring on the main level, and Frisee carpeting upstairs. Additional highlights include a heated 2.5-car garage with access to large concrete crawl space, built-in cabinetry, workbench, and pull-down attic access, PLUS in 2018 architectural roof including the flatter part of roof professionally replaced, new siding, windows, commercial-grade gutters and downspouts, Leaf Guard system (2021), and an electronic pet fence around the entire perimeter. Supremely located with quick access to Rt 53, I-55, I-80 & I-355, and just steps from popular parks and recreation areas.
This spacious 3-bedroom, 3-bath ranch w/neutral decor provides the perfect palette for you to create your own dream home. Step inside to find a sun-bathed Living Room featuring a cathedral ceiling with fanlight & carpeting. The adjacent Dining Area and Kitchen reveal easy care wood laminate flooring. The Kitchen has upgraded white appliances including gas range & French door refrigerator with bottom freezer and exterior water/ice dispenser. The double stainless sink with window above boasts an extendable high arc faucet. Sliding glass doors lead from the Dining area to a huge deck and yard surrounded by a brand new maintenance free vinyl fence. There are two fruit trees in the back yard plus an oversized shed with covered porch....future he/she shed anyone? Carpet flows throughout the rest of the home with the exception of one bedroom that has wood laminate flooring. All Bedrooms have ceiling fanlights. The unfinished basement, already equipped with a finished Bath w/shower, provides an excellent opportunity to expand your living space or create a fabulous Rec Room or Personal Fitness Area. Attached 2-car garage. Home is being sold As-Is. View it! Buy it! Make it your Own!
Set on just under an acre of wooded serenity, this beautifully maintained 3-step ranch offers the perfect blend of privacy, comfort, and convenience. Surrounded by mature trees, the property features a fully fenced yard, a concrete patio ideal for outdoor gatherings, and both an attached 2-car garage and a detached bonus garage for extra storage or hobby space. Inside, the warm and inviting layout is designed for easy living. The formal living room provides a bright and welcoming space to relax or entertain, while the cozy family room with its fireplace creates the perfect spot to unwind. The beautifully updated kitchen features granite countertops, a center island, and a dinette with views of the scenic backyard. Offering 3 bedrooms and 2.1 bathrooms, this home includes a spacious master suite with a private bath. The basement, with its high ceilings, presents an excellent opportunity to create additional living or recreation space to suit your needs. Enjoy the best of both worlds-peaceful country living just minutes from the interstate, numerous parks, and all the wonderful in-town amenities of Elwood.
Excellent commercial/industrial land opportunity within a half mile of the Houbolt Road bridge extension (opening March 2023) in the CenterPoint Intermodal Center corridor. Property consists of two parcels, totaling approximately 27 acres, with about 960 feet of frontage on Vetter Rd. Due to the opening of the bridge extension, Vetter Rd has officially become Houbolt Rd. There is a 2 story home and 2.94 acre pond on the property that the owner put in himself for recreation. The pond can be filled in, should the new owner desire to do so. The commercial potential of this property is immeasurable. The Houbolt Rd bridge will lead right to the frontage of this property, making this a great opportunity for logistics, warehousing, truck maintenance companies, etc. This property has already been annexed to Joliet.
Prime Agricultural Opportunity in Joliet's Center Pointe Facility. Discover nearly 20 acres of versatile land boasting an impressive 810 feet of road frontage on W Sharp Rd. As Lot 1 of two available parcels, this property offers expansive development potential, with Lot 2 details available upon request. Strategically located within the Joliet Center Pointe Facility, the site provides direct access to railroad terminals, ensuring logistical ease for transportation and distribution needs. The property is zoned agricultural, making it ideal for farming, investment, or future industrial transition. Positioned near several major warehouse hubs, including Home Depot and Walmart. This parcel presents a rare opportunity for enterprises seeking scalability with convenience.
Prime Agricultural Acreage in Strategic Logistics Hub. Discover nearly 33 acres of versatile land with an impressive 809 feet of frontage along W Millsdale Rd. Positioned in the heart of the Joliet Center Point Intermodal Facility. Designated as Lot 2 of 2 available parcels, this property offers incredible investment potential while benefiting from proximity to world-class infrastructure. Logistics Advantages: Seamless access to railroad terminals, ideal for distribution and transport; surrounded by major warehouse centers, including Home Depot and Walmart, enhancing operational connectivity. Location Perks: Situated within one of the Midwest's premier logistics corridors. Zoned for agricultural use, providing flexibility for future development. Additional details on Lot 1 are available. Explore the full opportunity to maximize land potential.
Private 10 acre estate. 1 of a kind property w/home plus 80x60 custom out building. Main floor offers master suite & private office Features soaring c-lings ~8ft raised panel solid HW doors. All windows have wood blinds & fabric. Upstairs - 3BR/2BA PLUS bonus room. Finished basement incl *Theatre (equip stays) & Bar all w/heated tile floors. Entertain in style! Gorgeous brick patio land&lightscaping /HUGE outbldg has 3 OH doors perfect for large equip or toys. Complete home entertainment system with video and audio remote controls, Indoor and outdoor stereo speakers, true home theatre with projector and 10 ft roll down screen, full large wet bar with back cabinets and overhead and Accent lighting. Out building: 60ft X 80ft X 12ft eave, 3 overhead doors, 2 pedestrian doors. Steel primary framing, wood secondary framing, metal clad roof and walls, silicone White reflective roof coating, liner panels on ceiling, plywood walls, R 20 insulated, LED lighting, water and septic, filtration and booster pump, 200A electric service. Air compressor, welder receptacles, storage mezzanine, work bench with storage, Partitioned, concrete floors, water filtration and booster pump. Flag pole with night lighting, vegetation accent well lights, walkway lighting, Pathway lighting, security lighting. All exterior lighting either photocell or timer Controlled. Appliances: Double oven, island cook top with exhaust, refrigerator, microwave, washer, dryer (front load) additional refrigerator in lower level, wine cooler and refrigerator at wet bar lower level. Attached 3 car plus garage with tiled floor, kitchen style cabinets, and deep sink. Fireplaces: Living room and family room (natural and gas log) Heat/fuel: Natural Gas, two furnaces and air conditioners, hot water generator and radiant floors in lower level and attached garage Lot Description: Paver brick walkways, multi level paver brick patio with hammock and swing stand, flower beds all around the home and remote in yard, mature landscaping. Sewer: septic system Water: well dual service, home and out building, whole house filtration, pressure booster, saltless softener. Electric service: 400A, 200A to home, 200A to out building, 36KW (150A) backup generator, separately housed with automatic transfer switches. Property is contiguous to large wetland (permanently undevelopable) with an Abundance of wildlife including deer, rabbits, squirrels, birds, etc. etc., Sharp Road dead ends at this property, no through traffic. Crop lease in effect for 6.5 acres of the ten acre parcel, rotating corn and Beans annually. Recent Improvements: New roof, 20 year, 120MPH wind rated, architectural shingle, Sept. 17.2013 New well, 20GPM installed 5.20.21 Recently painted trim work. New aluminum patio room 2020 Water: Must be seen to be fully appreciated. Meticulously maintained and in excellent condition.. Property will be shown by appointment only to qualified buyers. Too Much to Mention!! Pre approval loan letters are required with any offer Occupancy will be at closing and schedules can be discussed following an acceptable offer. Call for private tour.
Just shy of 5 acres with frontage on Rt 53 in Elwood. This land sits right on a highly visible curve south of Manhattan Rd on Route 53. Currently zoned A-1. Minutes to Autobahn, Chicagoland Speedway, interstates 80 & 55, ExxonMobile and downtown Elwood.
Listings courtesy of MRED as distributed by MLS GRID
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