107 S Chicago Avenue
Elwood, IL, 60421 $ 249,900
Bedrooms2 Baths1.0 Sq 1,082 Monthly Estimate*
$ 1,726
for $249,900 with 2 bedrooms and 1 full bath. This 1,082 square foot home was built on a lot size of 0.26.
BEAUTIFULLY UPDATED 2-bedroom ranch home for sale in the heart of Elwood, IL! Situated on a spacious corner lot of over a quarter acre, this charming one-story home features a detached 3-car tandem garage with workshop potential! The home boasts a stunningly remodeled, brand-new kitchen and bathroom, both completed in 2026! The entire home has been freshly painted throughout, including the basement. A spacious 25x7 front porch welcomes you into this charming home, offering a comfortable living room and a formal dining room featuring original hardwood floors, trim, and hardwood doors, along with a full-size unfinished basement awaiting your finishing touches! One of the most unique features of this home is its unusually high ceilings, which create a wonderful sense of openness and make the living spaces feel exceptionally spacious. Step outside and enjoy the large, private backyard, fenced on three sides with fencing that's only 7 years old! An 11x10 storage shed provides plenty of room for lawn equipment and outdoor essentials. ATTENTION MECHANICS, CAR ENTHUSIASTS, AND HOBBYISTS! The detached 3-car tandem garage is a fantastic find, offering plenty of room for your vehicles, tools, projects, or a workshop! And here's a bonus you'll appreciate: an air compressor in the garage and a backup generator! Whether you love working on cars, tackling projects, or simply need extra space for your equipment, this garage is a feature you won't want to overlook! LOCATION! LOCATION! LOCATION! Situated in downtown Elwood, within walking distance of the children's park, just a minute from Route 53 and approximately 8-10 minutes from I-55 and I-80, this home offers convenient access for commuters while maintaining its small-town charm. NEWS & UPDATED: Roof is about 13 y.o., Furnace & Central Air - 2019, Generac Generator- 2010, HWH - 2020, Kitchen & Bath Remodel - 2026. Beautifully updated, full of character, and move-in ready - this Elwood one-story home with a 3-car garage is one you don't want to miss!
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FeaturesGeneralLiving Area 1082
Sewer Public Sewer
Heating Gas Forced Air
Cooling Central Air
Possession Closing Immediate
Appliances Range Refrigerator Washer Dryer
Garage Spaces 3
Association Fee Includes None
Construction Materials Steel Siding
Township Jackson
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Will
New Construction N
Property Type Residential Detached Single
Total Rooms 6
Full Baths 1
Status New
Directions Rt 53 to Mississippi Ave to Chicago Ave
City Elwood
High School District 204
MLS Area Elwood
Tax Annual Amount 2955.2
Standard Status Active
Middle/Junior School District 203
Elementary School District 203
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InteriorBasement Unfinished Full
Half Baths 0
Total Bedrooms 2
Room Type Workshop
Total Baths 1
Bedrooms Possible 2
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ExteriorParking Features Garage Door Opener Heated Garage Yes Garage Owned Detached Garage
Water Source Public
Total Parking 3
Lot Dimensions 77X150
Lot Size Acres 0.26
Waterfront Y/N N
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* Excluded FeaturesList ByAllison Towne Realty, Inc.Broker
irinaallison@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,726
- Monthly Property Taxes
- $246
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Elwood, IL
Average List Price $457,777
Percent of Sale Price 83%
About Elwood, IL 2,131 Population
33% Since 2002
$ 67,748 Median Income
40.94 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
565968 Elementary School
565651 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/21/2026 | $249,900 | | Listed Price |