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
Map
Street View

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
No
0.37
Will
— / Not Applicable
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

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 1
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

156 x 103
Not in DB

Tax History

Year Property Taxes
2026 $3,060

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Listing Provided By

Keller Williams Infinity