Elwood, IL
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    Elwood, IL Residential Land & Home Lots for Sale

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    Joliet, IL Minooka, IL Manhattan, IL
    Residential Land in Elwood, IL
    $40,000

    Residential Land in Elwood, IL

    966 Arrowhead Drive lot: 264, Elwood, IL 60421

    Residential land available in Elwood, Illinois.

    • Location coordinates provided (-88.10841, 41.422653).
    Updated: Mar 28, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elwood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Residential Lot in Channahon
    $65,000
    0.33 Acres

    Prime Residential Lot in Channahon

    0.33-acre lot to build your dream home!

    25233 Town Center Circle, Channahon, IL 60410
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    Highlands Subdivision Land Available
    $72,000
    0.67 Acres

    Highlands Subdivision Land Available

    Residential land in Channahon's Highlands Subdivision with utilities.

    26222 W Highland Drive lot: 112, Channahon, IL 60410
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    Residential Lot in Joliet
    Contact for pricing
    0.17 Acres

    Residential Lot in Joliet

    Buildable residential lot in Joliet's Preston Heights neighborhood.

    10 Edison Road, Joliet, IL 60433
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    Residential Land in Joliet, IL
    Contact for pricing
    0.57 Acres

    Residential Land in Joliet, IL

    Residential land available in Joliet, Illinois.

    1213 W Park Front Street, Joliet, IL 60436
    View details

    Elwood, IL Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 1 residential land & home lots for sale in Elwood, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $40,000.

    Sale prices for home sites in Elwood, IL start at $40,000, averaging $40,000, and reaching up to $40,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 10
    Industrial land 5
    Residential land & home lots 1

    Demographics Overview

    Population 3,786
    Population Growth (5Y) -1.5%
    Median Household Income $101,818
    College Educated 25.8%

    High-Yield Neighborhoods for Strategic Investment

    Identify Elwood submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60421 $40K

    Taxes & Financing

    Tax Rate (average for all types) 9.04%
    Property Tax per SF $57.13 per sq ft
    Average Loan-to-Value 65.0%

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