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 Features
Parking
Off Street
Driveway
Other
School Information
School Information for 306-310 S Lincoln Street, Elwood, IL 60421
Elementary School
Elwood C C School
Middle School
Elwood C C School
High School
Joliet Central High School
Listing Courtesy: Keller Williams Infinity - 815-267-1158
Based on information submitted to the MLS GRID as of 2026-02-18 19:24:18. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-02-18 19:24:18
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