24134 S State Route 53 Highway

Elwood, Illinois 60421
Contingent / MLS #11924557 / Single Family / Elwood
Listing information updated 3/18/2024 at 4:23pm
This exceptional property generates over $10,000 per month in rental income, offering a consistently strong revenue stream. Appraise at list price. Welcome to 24134 State Route 53, Elwood, IL 60421 - a phenomenal investment opportunity just a half-mile from the famous Chicagoland Speedway! This 2.6-acre cash cow is perfectly tailored for investors seeking cash flow multiunits, offering a unique blend of residential properties. This rare gem boasts three single-family homes and a fully rented duplex apartment, all nestled within a prime location on Route 53. But that's not all! The property also features three expansive pole buildings (43x63, 41x92 & 33x75), all equipped with heated workshops, additional garages, and ample space for further development. The potential for growth and cash flow here is truly unparalleled! In-ground pool, city water, and sewer. Zoning is R-1B & B3. On 2 PIN numbers.

Full Features

Exterior Type:
Aluminum Siding,Vinyl Siding,Brick
Basement:
Unfinished
Beds Above Grade:
3
Cooling System:
Window/Wall Unit - 1
Heating System:
Forced Air
Main Level Primary Bedroom:
Yes
Pool:
No
Age:
71-80 Years
Parking Type:
Garage,Space/s
Room Count:
4
Water Front:
No
Square Feet:
1,800
Lot Size:
2.0-2.99 Acres
Acreage:
2.06

Room Information

Living Room:
N/A
Dining Room:
N/A
Kitchen:
10x10 - Main
Family Room:
N/A
Primary Bedroom:
12x11 - Main Level
2nd Bedroom:
11x11 - Main
3rd Bedroom:
11x11 - Main
4th Bedroom:
N/A
Laundry:
N/A Level

Taxes & Assessments

Tax Amount:
$12,511
Tax Year:
2021

Location

Zip Code:
60421
City:
Elwood
County:
Will

Schools

School District(s):
203, 204
Elementary School:
Elwood C C School
Middle School:
N/A
High School:
N/A

Listing Office: Vylla Home

Listing Office Phone: 877.331.2773

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/18/2024 at 4:23pm. 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.


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24134 S State Route 53 Highway is a single family home currently listed at $645,000. 24134 S State Route 53 Highway features 3 Beds, 2 Baths. This single family home has been listed on @properties since November 6th, 2023 and was built in 1950. Nearby schools include Elwood C C School.