306-310 Lincoln Street, Elwood, Illinois 60421
$315,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 857 |
| Cost/Sqft: | $368 |
| Beds: | 2 |
| Baths: | 1 |
| Year Built: | 1950 |
| Property Taxes: | $3,060 |
| Days On Market: | 15 |
| Lot Size: | 0,37 |
Description
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.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1950 | |
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| No | |
| 0.37 |
| Will | |
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| — / Not Applicable | |
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| — | |
| — | |
| 12568661 | |
| 1011291300150000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Elwood C C School |
203 | — | |
|
Middle School
Elwood C C School |
203 | Not in DB | |
|
High School
Joliet Central High School |
204 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 6 Mar, 2026 | Listed for sale | $315,000 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| — | |
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| 156 x 103 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $3,060 |
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Listing Provided By
Keller Williams Infinity


