306-310 Lincoln Street — Elwood, IL 60421
Active
Elwood, IL 60421

306-310 Lincoln Street

$315,000
2 beds · 1 bath · 857 sqft
Listed at $315,000 7 days on market $3,060/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$315,000
List price
857
Square feet
2
Bedrooms
1 full
Bathrooms
1950
Year built
0.37 ac
Lot size
Garage spaces
$3,060
Annual taxes
Bungalow
Style
7
Days on market
04Features
Heating
Natural GasForced Air
Cooling
Central Air
Parking
Off StreetDrivewayOther
Construction
Aluminum Siding
Sewer
Public Sewer
05Neighborhood
This home HHigh school
E Elementary school
Elwood C C School
Elwood, IL
M Middle school
Elwood C C School
Elwood, IL
H High school
Joliet Central High School
Elwood, IL
📍8.8 mi🚗23 min
  • Nothing surfaced nearby in our maps data.
  • Minit Mart 0.5 mi
  • Tyler Park 0.3 mi
  • Erickson Park 0.7 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 10, 2026
Listed for sale
Avenue Properties Chicago · 16 days on market
$325,000
May 26, 2026
Listed for sale
Avenue Properties Chicago
$340,000
Mar 6, 2026
Listed for saleThis listing
Keller Williams Infinity
$315,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Keller Williams Infinity · Heather Schmidt · 630-608-7400
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12568661
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