Elwood Real Estate

Welcome to Elwood, a charming village nestled in Will County, Illinois. With its small-town charm and close-knit community, Elwood offers residents a peaceful and idyllic place to call home.

Elwood boasts a prime location, providing easy access to nearby cities such as Joliet and Chicago, making it a great choice for those seeking a quieter lifestyle without sacrificing urban conveniences. The village is known for its beautiful parks, excellent schools, and a range of recreational activities for residents of all ages to enjoy.

Real estate in Elwood offers a mix of housing options, from cozy single-family homes to spacious properties with ample yard space. Whether you're looking for a starter home, a place to raise a family, or a peaceful retreat for retirement, Elwood has something for everyone.

With its friendly atmosphere and strong sense of community, Elwood is more than just a place to live – it's a place to belong. Come discover the beauty and tranquility of Elwood, where small-town living meets modern convenience in the heart of Illinois.

Newest Listings in Elwood

$294,500

2 Beds ⋅ 3 Baths ⋅ 12775998 MLS ⋅ ACTIVE Status ⋅ Wyndstone Village BLDG.

This All brick townhome in desirable Wyndstone Village Community is being offered for sale. This meticulous home features 3 bedrooms and 3 bathrooms with a spacious full finished basement. The main level boasts a Master Bedroom with full bath with a jacuzzi tub and a huge walk-in closet, main level laundry room, a second bedroom and second bathroom and extra large living room. Updated kitchen with all stainless steel appliances. Basement has a spacious family room, bedroom and bathroom all with new updated lighting. Beautiful front covered porch with ceiling fan, cozy back deck with mature trees for shade. Landscaping, lawn care, and snow removal are taken care of by the management company. Two and half car garage offers a finished floor. This home features plenty of storage space including the attic. New roof in March 2022. This is a wonderful community to have a home in with low taxes, low association dues and peaceful living.the furnace and CA are13 months old. The kitchen counter tops and back splash are 1.5 years old and the disposal is new. The patio sliding glass door is new. The ejector pump is new. The washer and dryer have had on 7 loads of laundry run through them. And the deck was just stained. This home is in move in condition like you've never seen before.

831 Deerpath Lane, Elwood

$150,000

12753351 MLS ⋅ ACTIVE Status

This lot is located in the heart of the new Commercial District on Mississippi Street which is the main street into town. Located across from the Dollar General and a strip mall with new shops in the area. The lot has high visibility with curbs and street cut in. This is a great area to start your business would be a great spot for a Medical Facility, Assisted Living or Nursing Home, Hardware Store, Grocery Store, Hardware Store, etc. Additional lots are available and can be purchased in multiple lots to create a larger parcel with Lot 3 Town Center. Elwood is in the Hub of the fast-growing area of warehousing which employs may workers. This shows high visibility off Rt. 53 and is close to expressways and the Abraham Lincoln Cemetary.

Lot 4 E Lincoln-Way Drive, Elwood

$150,000

12753291 MLS ⋅ ACTIVE Status

This commercial lot features are a highly traveled area with high visibility located on a corner with curbs and street cut in. It has already been proposed for fast food and with all the exposure this corner lot would be ideal off a Rt. 53. This would make a great area with high exposure for a mini mart or convenience store, drive thru Coffee Shop, Funeral Home because it is close to the Abraham Lincoln Cemetary and close to the expressway. This area is growing and ready to develop with many industrial buildings already up and running in Center Point. Included with Lot 11 Mississippi is Out Lot D which is the Detention Easement. This is an additional 2.56 acres with Out lot D and lot 11 being 2.16 acres for a total of 4.72 acres. Also, there are additional lots are available in the downtown area of Elwood and can be purchased in multiple lots.

Lot 11 E Mississippi Avenue, Elwood

$249,900

2 Beds ⋅ 1 Baths ⋅ 12740097 MLS ⋅ ACTIVE Status

Elwood

$3,495,000

12706689 MLS ⋅ ACTIVE Status

Completed in 2025, this exceptional 10,985 SF Lester Building sits on 3.29 acres (with the possibility to expand property to 5.45 acres) and is currently zoned C-2 General Commercial with a special use PUD Zoning with Village of Elwood for the sale and lease of small and mid-sized construction equipment and machinery, with limited repairs. This location is perfect for (and approved under the current special use) Construction equipment dealership (small and mid-sized equipment), Landscaping and grounds maintenance equipment dealership, Compact utility tractor and implement dealership, Material handling equipment dealer (forklifts, lifts, telehandlers), Contractor or municipal equipment sales facility. While the current building is being used for equipment sales, the property is built in such a way that would suit many other types of business such as construction companies, equipment rental, municipalities, utility contractors, landscape contractor, auto/truck/RV/agricultural equipment dealership, material handler dealer (all with the approval of a special use permit from the village of Elwood). Designed for efficiency and functionality, the facility features a professional showroom with three private offices, service counter, customer waiting area, and two ADA-compliant restrooms. The shop offers approximately 20' ceilings with 18' clear height, in-floor radiant heat, 8" concrete floors (in the shop area), a massive 23' x 70' wash bay with Hotsy 3,000 PSI hot water pressure washer, break room with kitchenette, utility room, and third ADA-compliant restroom. Property features include fire sprinkler system, monitored fire alarm, security camera and alarm systems, 208V 400-amp three-phase power, triple trap basins, Starlink internet, one 14'x14' overhead door (with opener), three 16'x16' overhead doors (with opener) and one 10'x9' showroom overhead door. The exterior is equally impressive, offering approximately 2.17 +/- acres of secure fenced yard space with a combination of paved, concrete, and gravel surfaces. A 6-foot perimeter fence with oversized 40-foot aluminum gates provides excellent access for equipment and commercial vehicles. Located along a corridor with approximately 6,100 average annual daily traffic (AADT), this property offers outstanding visibility, accessibility, and infrastructure for equipment sales, service, and related commercial operations. A rare opportunity to acquire a nearly new, purpose-built commercial facility with premium construction, exceptional amenities, and valuable special use approvals already in place.

26336 Heritage Drive, Elwood

$1,450,000

5 Beds ⋅ 5 Baths ⋅ 12692991 MLS ⋅ ACTIVE Status

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.

19657 Sharp Road, Elwood

$495,000

3 Beds ⋅ 3 Baths ⋅ 12628171 MLS ⋅ ACTIVE Status

This beautiful new construction Ranch offering an open-concept design perfect for modern living * This spacious home features 3 bedrooms & 2.5 Baths * Highlighted by a bright and airy layout for both everyday comfort and entertaining * The kitchen includes beautiful White Cabinetry for a timeless appeal, Under Cabinet lighting and Stainless Steel appliances * The Master Bedroom boasts of a Design Ceiling and an Accent wall * White Trim package throughout the home for a clean, timeless look * Office has Panel Molding with a design Ceiling * Situated on a large lot there's plenty of outdoor space with a maintenance free 12x12 deck to enjoy * A 3 car garage provides ample room for vehicles, storage or hobbies * Laundry Room and Mud room is a combination * Thoughtfully designed with quality finishes * This home combines functionality and elegance in every detail * Sod will be included in the Front and Side yards, seed in the Back yard * Make your appointment now don't miss out *

21339 Wooded Cove Drive, Elwood

$3,500,000

12560377 MLS ⋅ ACTIVE Status

0000 S Rowell Avenue, Elwood

$21,567,000

12425704 MLS ⋅ ACTIVE Status

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.

23550 S Vetter Road, Elwood

$399,900

12395140 MLS ⋅ ACTIVE Status

5.41 ACRES CONSISTING OF 3 COMMERCIAL LOTS IN ELWOOD TOWN CENTER TO BE SOLD AS ONE PARCEL. SUBJECT SITES ARE ON THE NORTHWEST SIDE OF ILLINOIS ROUTE 53 ( WITH 958 FEET FRONTAGE) 240 FT OF FRONTAGE ON MISSISSIPPI AVE. AND 868 FEET FRONTAGE ON THE SOUTHEAST SIDE OF LINCOLN WAY DR. THERE IS ONE CURB CUT ALONG MISSISSIPE AVE. AND TWO CURB CUTS ALONG THE LINCOLN WAY DR. FRONTAGE. LOCATED ON HEAVILY TRAVELED RT. 53 AND MISSISSIPPI AVE. BEING THE MAIN THOUROUGHFARE TO TOWN. GREAT OPPORTUNITY TO BE PART OF ELWOOD'S FAST GROWING COMMUNITY,COME JOIN ELWOOD'S BUSINESS DISTRICT AMONG NEARBY DOLLAR GENERAL, NEWER COMMERCIAL RETAIL CENTER AND VILLAGE HALL. ACCESSIBLE TO INTERSTATE 80 APPRX. 5 MILES SOUTH AND I-55 INTERCHANGE VIA ARSENAL ROAD NORTH AND WEST OF VILLAGE.

LOTS 5,6 &7 Lincoln Way Drive, Elwood

$44,500

12353528 MLS ⋅ ACTIVE Status

Check out this Half Acre Lot in the sought out subdivision of Meadowbrook. Featuring great views of Jackson Creek on a Scenic Wooded Lot. Enjoy the privacy of no neighbors behind you. ***Utilities already on site at the street, with a Walk-Out Lot ready for you to BUILD YOUR DREAM HOME. Interstate 80 and 55 closely accessible.

109 Creekside Drive, Elwood

$250,000

11888320 MLS ⋅ ACTIVE Status

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.

Lot 1 S Rt 53, Elwood

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Elwood Real Estate

Newest Listings in Elwood

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