View all 10 photos
Land · Elwood, IL
$399,900
— beds · — baths
LOTS 5,6 &7 LINCOLN WAY Drive, Elwood, IL, 60421
A brick-and-mortar place to make your own — room to make it home.
Active
What’s special
5.41-acre lot
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.
— the listing agent’s description
The home
5.41-acre lot
Land
What it’ll cost
$47 taxes / yr
No HOA
365 days on dwello
Estimated monthly payment
$2,247/mo
Principal & interest$2,126
Property taxes$4
Homeowners insurance$117
Get pre-qualified →Connect with a licensed lender in the dwello network.
Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
The agent who meets you here is an actual dwello Home Group team member who knows these streets — not a stranger who bought your name from a portal. You get straight answers on the spot, and the same person stays with you through closing.
On our team, vettedYour info is never soldWith you through closing
Tour this home
In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
Schedule a tour
365 days on dwello
Price history
Listed for sale
Jun 18, 2025
$399,900
Property taxes
2025
Annual tax bill (MLS)
From county records — verify with the assessor.
Schools
Elementary — Elwood C C School
Middle — Elwood C C School
High — Joliet Central High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
Loading map…
Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing data
Listed by Frances Hondros · Coldwell Banker Real Estate Group
Listing last updated Jun 15, 2026 · data refreshed from the MLS Jun 17, 2026, 6:32 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:32 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
See it in personA real dwello agent on our team — never a sold lead.
Schedule a tour
Message
No pressure — reach out whenever you’re ready.
Similar homes nearby
$389,999Active
3 bd · 3 ba · 1,775 sqft
25038 S Timber Court
Elwood, IL
$424,900Active
3 bd · 3 ba · 2,700 sqft
24908 W Hemphill Drive
Elwood, IL
$360,000Active
4 bd · 2.5 ba · 2,100 sqft
909 Arrowhead Drive
Elwood, IL
$325,000Active
4 bd · 2 ba
306-310 S Lincoln Street
Elwood, IL
