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    966 Arrowhead Dr Elwood, IL 60421

    For Sale
    $40,000

    Land - Elwood, IL

    Days on Market:
    69
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for 966 Arrowhead Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1011173020170000

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Village Realty (708) 478-1212 [email protected]

    Listing agent Kayla Glenn (708) 478-1212 License #475199666

    Listing date Oct 6, 2025

    MLS# 12323725 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Elwood, Illinois

    This lot is situated in a well-maintained subdivision of Elwood, Illinois. Located on the edge of a cul-de-sac, the property features large, mature trees. The lot backs up to a creek that lines the north side of the subdivision. It is located within walking distance of Erickson Park and the Children's Garden. The property is located within the Elwood Community Consolidated School district for K-8th grade and the Joliet Central High School district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Clothing Store Hotel & Motel HVAC Service Garden Center Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Will
    State
    Illinois
    Longitude
    -88.108412
    Latitude
    41.422655

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    FAQs

    What type of property is this?
    Land - Land for sale in Elwood, near park and schools.
    Where is this land located?
    The property is located at 966 Arrowhead Dr Elwood, IL.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Build your dream home on this lot.; - **Waterfront property backing up to a creek.**; - Located in a well-kept subdivision.
    (708) 478-1212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    966 Arrowhead Dr Elwood, IL 60421
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