Looking for a property with space to spread out, generate rental income, or accommodate extended family? This unique Elwood home, set on a generous corner lot spanning three parcels, offers versatility and value in one. The main residence includes two bedrooms, a full bathroom, a spacious living area, a country-style kitchen with center island, and a cozy breakfast room. A basement offers excellent storage, and the attic-accessible via pull-down stairs-is unfinished but holds potential for future living space or additional storage. Step outside to enjoy a concrete patio and a detached 3-car garage with a large workshop-perfect for hobbies or extra storage. Attached to the garage is a private apartment with a separate entrance. With a bit of updating, this space could shine as an ideal guest suite, rental, or in-law quarters. It includes a kitchen, living room, bedroom, bathroom, and laundry area, all generously sized. With mature trees, a spacious layout, and a convenient location near schools and amenities, this property is a great fit for homeowners, investors, or anyone looking for a little extra space and opportunity. Buyer to confirm all square footage/room sizes.