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310 S Douglas St, Elwood, IL 60421
About this home
Excellent 4 unit investment that requires low maintenance in a great town. Close to I-80 and I-55. Block construction and long term tenants pay all expenses. Owner only pays property taxes and insurance. Tenants even shovel the snow! Tremendous potential to increase rents as they are low now. Opportunity to expand south 2 bedroom unit to a 3 bedroom as there is a storage room on the other side of the wall that current owner uses for himself. New roof 4 years ago. Recent furnaces in each unit. Each unit is individually metered for electric, gas, and water. Washer/dryer hookups in each unit.
Redfin Estimate
Market trends in 60421, IL
Last updated September 2026
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Provided by Redfin
Sale history for 310 S Douglas St
Tax history for 310 S Douglas St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Cars: 5
- # of Exterior Parking Spaces: 5
- Parking Space(s)
- Parking On-Site
- Parking Ownership: Fee/Leased
Interior
- Bedroom Information
- # of Bedrooms: 7
- # of Bedrooms (Above Grade): 7
- Bathroom Information
- # of Baths (Full): 4
- Additional Rooms Information
- Workroom
- Slab Basement
- Heating & Cooling
- Gas Heating, Forced Air Heating
Exterior
- Building Information
- # of Units: 4
- Built Before 1978
- Block Exterior
- Lot Information
- Dimensions: 134 X 133
- .25-.49 Acre
- Zoning: OTHER
- Property Information
- # of Rooms: 16
- Ownership: Fee Simple
- Commuter Bus, Commuter Train, Interstate Access
- Parcel Identification Number: 1011291340050000
Financial
- Financial Information
- Tax: $5,725.74
- Tax Year: 2017
- Special Service Area: N
- Total Rental Income: $33,000
- Gross Rental Income: $33,000
- Net Operating Income: $26,295
- Finance Code: Conventional
Utilities
- Utility Information
- Water: Public
- Sewer (Public)
Location
- Unit 1 Information
- # of Rooms: 3
- # of Beds: 1
- # of Baths (Full): 1
- Floor #: 1
- Stove, Refrigerator
- Tenant Pays All
- Rent: $650
- Security Deposit: $625
- Lease Expiration Date: 05/19
- Unit 2 Information
- # of Rooms: 4
- # of Beds: 2
- # of Baths (Full): 1
- Floor #: 1
- Stove, Refrigerator
- Tenant Pays All
- Rent: $700
- Security Deposit: $700
- Lease Expiration Date: 08/19
- Unit 3 Information
- # of Rooms: 4
- # of Beds: 2
- # of Baths (Full): 1
- Floor #: 1
- Stove, Refrigerator
- Tenant Pays All
- Rent: $700
- Security Deposit: $700
- Lease Expiration Date: 04/19
- Unit 4 Information
- # of Rooms: 4
- # of Beds: 2
- # of Baths (Full): 1
- Floor #: 1
- Stove, Refrigerator
- Tenant Pays All
- Rent: $700
- Security Deposit: $700
- Lease Expiration Date: 07/19
- School Information
- Elementary School District: 203
- Junior High District: 203
- High School District: 204
- Location Information
- Township: JACKSON
- Corporate Limits: ELWOOD
- Directions: 53 to Douglas
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 0.37 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Will County
- APN: 1011291340040000
Other
- Expense Information
- Gross: $6,705
- Listing Information
- Possession: Closing
- Holds Earnest Money: No
- Seller Concessions: No
Around this home
Schools
Public PreK-8 • Assigned • 0.4mi
Public 9-12 • Assigned • 8.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.77% chance of being in a wildfire in next 30 years
7 days above 102° expected this year, 16 days in 30 years
1% chance of strong winds in next 30 years
2 unhealthy days expected this year, 3 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Nearby similar homes
New listings for sale in 60421
Home values near 310 S Douglas St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1092 Sq. Ft. | $243,964 |
2 Beds | 1 Baths | 1000 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | - Sq. Ft. | $238,374 |
3 Beds | 2 Baths | 1188 Sq. Ft. | $283,664 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1043 Sq. Ft. | $212,602 |
3 Beds | 2 Baths | 1574 Sq. Ft. | $327,806 |
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