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.
Don't miss this very well-maintained 3 bedroom, 3 full bath ranch townhome located in the desirable Wyndstone Village community. This home features an open concept layout with many upgrades and plenty of space for comfortable living. Step into the beautiful foyer that opens into a bright living and dining area, perfect for entertaining. The kitchen includes newer appliances, and the home offers great flow throughout the main living space. Enjoy relaxing outdoors on the freshly painted rear deck. The primary bedroom suite includes a spacious closet and private bath. The finished basement adds incredible living space with a large family room/great room, 3rd bedroom, full bathroom, and a second kitchen, making it ideal for guests or entertaining. Chair lift to basement stays for added convenience You'll also find expansive storage throughout the home. Quarterly assessments are very reasonable and include lawn mowing, weeding, snow removal, gutter cleaning, and common insurance, giving you the benefit of low-maintenance living. list of upgrades in additional information
Set on just over 8.5 acres zoned A2, this custom-built cedar home offers space, privacy, and a truly special setting. Positioned well off the road, the home is reached by a scenic drive through mature trees, creating a quiet retreat surrounded by nature. Step inside and you'll immediately appreciate the natural light that fills the home. Large windows throughout were intentionally placed to capture sunlight and scenic views while supporting the home's passive solar design. This thoughtful approach helps maintain comfort year-round by making efficient use of natural warmth and insulation. The main level is designed with both functionality and gathering in mind. Multiple living spaces provide flexibility for entertaining or relaxing, while the centrally located dining area creates an easy flow between rooms. The kitchen connects seamlessly to one of the living areas and includes a bright breakfast nook overlooking the deck and backyard. Practical features add to the home's appeal, including a spacious laundry room with outdoor access and a walk-in pantry for added storage. A main-floor bedroom or office paired with a full bath offers versatile options for guests, remote work, or multigenerational living. The sunroom on the first level is a standout space - perfect for enjoying natural light, cultivating plants, or simply unwinding with peaceful views. Upstairs, the primary suite is generously sized with its own private balcony, dual closets, and an attached bath. Two additional bedrooms and a full bathroom are situated on the opposite side of the upper level, connected by an open hallway that overlooks the main floor. The acreage provides room to bring your vision to life. Whether you're considering gardens, hobby farming, recreational space, or adding a future outbuilding, the property offers flexibility and freedom. With serene surroundings and views near Jackson Creek, this home presents an opportunity to enjoy a more peaceful, self-directed lifestyle.
Open House:
Saturday, 4/25 12:00-2:00PM
Better than new construction on a private wooded estate. Why build when you can own a custom estate filled with upgrades and craftsmanship rarely found in today's builds? Homes with this level of design, land, and amenities are increasingly difficult to find, making this property a truly unique opportunity. Situated on approximately .8 acres of wooded property with beautiful water views and creek access, this stunning custom-built home offers over 6,500 square feet of finished living space including a full walk-out basement designed for potential related living. This exceptional home features 5 bedrooms and 4.5 bathrooms with quality craftsmanship throughout. From the moment you enter, you are greeted by dramatic vaulted ceilings and stunning reclaimed solid wood beams sourced from a historic Chicago warehouse, creating a truly one-of-a-kind architectural centerpiece in the great room. The space is anchored by a beautiful stone fireplace with reclaimed timber mantle. White oak flooring runs throughout the main level and the home features custom millwork, solid wood doors, 5-inch baseboards, and Andersen windows throughout. The chef's kitchen was designed for both everyday living and entertaining and features custom cabinetry, granite countertops, custom range hood, full-size built-in garbage and recycling, KitchenAid dual dishwashers, KitchenAid double convection wall ovens, KitchenAid beverage refrigerator, and a professional Frigidaire full-size refrigerator and freezer. The kitchen also includes a custom walk-in pantry with reclaimed Elwood farmhouse door, pull-out storage drawers, appliance storage, and microwave area. Reverse osmosis water system and central vacuum system add additional convenience. The primary suite offers a peaceful retreat with tray ceilings, his and hers closets, and a spa-inspired marble bathroom featuring heated floors, dual vanity, and a walk-in shower with built-in bench. Luxury comfort continues throughout the home with heated floors in the basement, garage, and all bathrooms. The walk-out lower level offers incredible flexibility with radiant heated flooring, a 5th bedroom or office, full bathroom, partial kitchen, and second laundry area, making it ideal for related living, guests, or extended entertaining space. Outdoor living feels like a private resort. The property features a custom heated pool installed in 2019 with Pentair EasyTouch automated control system, LED color-changing lighting, fountains, diving board, and remote operation. The pool currently operates with chlorine but can easily be converted to saltwater. The backyard also features a covered pool patio, covered rear porch and balcony overlooking the wooded property, and a fenced pool area. An invisible electric dog fence surrounds the entire property. Creek access along the property provides peaceful water views and opportunities for outdoor enjoyment. The garage setup is ideal for car enthusiasts with a 3-car side-load heated garage featuring built-in floor drains, hot and cold water, WiFi-enabled garage door openers, and wiring for an electric vehicle charger. An additional 1-car rear garage provides extra storage or workshop space. Major mechanical upgrades include two American Standard high-efficiency HVAC systems, tankless water heater and boiler system, Aprilaire whole-home humidifiers, upgraded 2x6 construction with blown-in insulation, and a 10-inch thick foundation with 9-foot basement ceilings. Additional highlights include central vacuum, wiring for a hot tub, Pentair pool automation system, lower property taxes, and no HOA. A rare opportunity to own a luxury custom home offering space, privacy, craftsmanship, and resort-style amenities.
Open House:
Saturday, 4/25 11:00-1:00PM
"A HOME WITHIN A HOME!" This 3,300 Sq FT stylish, traditional home offers an additional 1,500 SQ FT of modern, alternative living! The NEWLY converted walkout basement has become an entire PRIVATE SUITE! Its modern kitchen boasts an 11 FT quartz island, stylish custom cabinetry, pantry, SS appliance & an adjacent laundry room. This space also offers a master bedroom w/walk-in closet, a 2nd bedroom or office, and full modern bath with double-sized granite shower with seamless glass doors. The light & bright living/dining combo show off luxury plank flooring, fireplace & French door leading to the private patio with relaxing views of the partially wooded grounds. This multi-generational space has endless possibilities, including possible income potential. (Seller will include all furnishings in lower-level suite.) Take comfort in knowing this basement conversion spared no expense and ALL work was permitted and completed by licensed contractors. NOT TO BE OUTDONE, the recently updated first and second levels have all the style & quality essentials of a modern home! Separate elegant living and dining rooms provide for intimate gatherings, while the open-concept floor plan flows from the Great Room with its cathedral ceiling & fireplace to the gorgeous kitchen and a second dining space linked by 9 ft ceilings, professionally refinished hardwood flooring, warm custom-cherry cabinetry, 8 ft granite island & counter tops. Making a great place to gather together! Meal prep is made easier with all NEW SS THERMADOR appliances, including a 5-burner chef's gas range, high-end refrigerator, microwave & dishwasher. Even the connecting laundry room has been updated with brand NEW Whirlpool washer & dryer. Don't miss the NEW 16 x 16 TREX custom decking and NEW mounted 13 x 13 canopy umbrella, giving you one more place to entertain and enjoy the countryside views. Upstairs you'll find a spacious master suite with coffered ceiling, 2 walk-in closets and a four-piece bath with whirlpool tub. Three more generous sized bedrooms, a loft space, and another full bath complete this floor. The 3-car garage has been finished & heated, providing extra storage, plus an outlet electric vehicle! Outside you will find the NEW concrete sidewalk leading to the NEW EVERLAST 12 x 9 storage shed & NEW GENERAC heavy-duty whole house generator. This winding sidewalk continues to the private, walk-out basement patio. Along the way, enjoy the professional landscaping and homeowner's personal touches! More recent updates & upgrades include NEW ENERGY STAR windows throughout, NEW ENERGY STAR exterior doors, NEW KARASTAN carpeting, NEW professionally installed insulation, fresh NEW paint throughout, NEW light fixtures, ceiling fans & can lighting, NEW bedroom blinds, NEW AC unit & NEW computerized alternating sump pumps Just over 3/4 of a partially wooded lot in very desirable Wooded Cove Subdivision, with NO HOA! Minutes from RT 53 & I-55. Words alone cannot adequately describe this amazing property. See ADDITIONAL NOTES for Property Updates. YOU MUST SEE IT, TO BELIEVE IT!
Just in time for those beautiful Spring/Summer nights playing in the large yard (almost one acre) and gazing at the stars while watching the flames dance in the backyard firepit. Three bedroom two full baths and two half baths (one in the garage) ranch in Timber Creek subdivision. Drive up to cedar ranch home in a quiet cul de sac with 3 car heated garage and invite all your friends, plenty of room to park in the driveway. Kitchen has all SS appliances including newer dishwasher & refrigerator, cook top, double oven and eat-in table area. Also, eat at breakfast bar while sitting in the sunken living room, unusual, but great functionality. Gas/Wood fireplace. Sunroom leading to the backyard and covered deck. LARGE dining room. Lots of room in the finished basement with living, fun and storage. Newer 16x12 shed. Roof is just over 5 years old. Being sold as-is...seller has not been here long enough to know if anything wrong. Come and enjoy the quiet and bright stars.
TAKE A LOOK AT THIS ALL BRICK,END UNIT, RANCH TOWNHOME !! THE HOME'S PRIVATE ENTRANCE WILL BRING YOU INTO THE FOYER WITH A HUGE CLOSET AND PANTRY, JUST OFF THE HUGE EATIN KITCHEN WITH AN ABUNDANCE OF CABINETS AND COUNTERSPACE. OFF THE KITCHEN IS ONE OF TWO DECKS THAT THE END UNITS HAVE GIVING YOU MORE EXPOSURE TO THE OUTSIDE AMENITIES.THE DINING ROOM-LIVING ROOM COMBO HAS PLENTY OF ROOM FOR YOUR FORMAL FURNITURE AND COMFY COUCH. DOWN THE HALL IS YOUR MAIN LEVEL LAUNDRY, TWO HUGE BEDROOMS , TWO FULL BATHS A HUGE WALKIN CLOSET IN THE MASTER AND ACCESS TO THE GARAGE AND THE BASEMENT.SELLER HAS ADDED SOLAR PANELS TO THE HOME AND NO COST TO YOU, COM ED ISSUES CREDITS FOR THE POWER YOU SUPPLY DROPPING ELECTRIC COSTS TO NEAR NOTHING EVERY MONTH.LOW TAXES AND HOA FEES MAKE THIS HOME THE MOST AFFORDABLE.THE AREA IS QUIET WITH LOTS OF GREEN SPACE FOR THE POOCH AND PARKS TO ENJOY. COME BY AND TAKE A LOOK.
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.
Excellent Commercial / Industrial land opportunity within a half mile of the New Houbolt Road Bridge Extension and in very close proximity to the BNSF, UP and CN Railway Terminals. This property's key feature is its prime location in the middle of the CenterPoint Intermodal Center Corridor. The property consists of two parcels totaling approximately 27+ acres with over 960 feet of road frontage along Houbolt Rd. This is part of the CenterPoint Intermodal Heavy Haul Corridor also know as "inside the fence". Properties "inside the fence" have no weight limits for heavy haul trucks going to and from the Intermodal Rail Terminals and other nearby Truck Terminals. Most of this Heavy Industrial Zoned area is riddled with the obstruction of Underground Pipeline Utilities. One of the key features of this property is that it is one of the only parcels available that is completely pipeline free and ready for quick and easy development. There is currently a 2 story home and 2.94 acre pond on the property that the owner put in for recreation. The pond can be filled in should the new owner desire to do so. The Commercial potential of this property is immeasurable due to it's prime location. It is an approximate five minute drive time from Interstate 80 and less than ten minute drive time from Interstate 55. This prime location makes this property a great opportunity for logistics, warehousing, truck and trailer maintenance/repair services, etc. This property is surrounded by adjacent parcels already zoned Heavy Industrial in Joliet that are quickly being developed. Act soon while it is still available for your next development project.
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.
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