Great investment opportunity in the heart of Elmwood! This 4-unit multifamily property offers a solid small-town investment providing immediate income potential. The property does need updates and improvements, making it an ideal value-add opportunity for investors looking to build equity and increase rental income. Located in a quiet community, this property offers the appeal of small-town living while still presenting strong rental potential. New Furnace in 2025
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Elmwood is located in Illinois. Elmwood, Illinois has a population of 2,484. Elmwood is more family-centric than the surrounding county with 42.69% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Elmwood, Illinois is $78,770. The median household income for the surrounding county is $58,426 compared to the national median of $69,021. The median age of people living in Elmwood is 36.7 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 37.6 inches per year, with 21.5 inches of snow per year.
