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107 S Chicago Ave , Elwood, IL 60421
$249,900
Est. Payment: $1,363.81/mo
2 Bed
1 Bath
1082 Sqft
0.26 Acres
Status: active | Days on site: 7
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House Description

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!

Highlights

Listed by Irina Allison , 708-408-4934 Allison Towne Realty, Inc. , 815-609-1000. Midwest Real Estate Data mls logo

Property Type

Residential

Lot/Acreage
0.26

County

Will

Area

Elwood

School District

203

Listing ID

12791344

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Range, Refrigerator, Washer, Dryer
Air Cond:Central Air
Fireplaces:
Basement:Unfinished,Full
Water:Public

Exterior Features

Lot Dimensions:77X150
Garage Capacity:3
Sewer:Public Sewer
Parking Features:Garage Door Opener,Heated Garage,Yes,Garage Owned,Detached,Garage
Principal Interest
$1,364
Taxes
$246

Home Price

$249,900

Loan Details

30 yrs
7.25%

Down Payment

20%
$49,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,363.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,363.81 $246.27 $0.00 $1,610.07
Yearly $16,365.68 $2,955.20 $0.00 $19,320.88
Total $490,970.45 $88,656.00 $0.00 $579,626.45
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Elwood, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T14:56:06.000Z

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