Mustang Horses for Sale near Elwood, IL

About Elwood, IL

Elwood was founded in 1854, and incorporated as a village in 1869. The completion of the Joliet– Bloomington railroad played a major role in the founding of Elwood. By 1900, Elwood was a small farming community with a population of about 400. In the late 1930s, the federal government acquired nearby land for troop training and weapons production, on which site the Joliet Arsenal was built and commenced operation in 1940. Arsenal construction played an important role in the development of Elwood and brought about 175 people into the area.