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167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
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167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
167 W Elk Trail Unit: 167
Listed by Scott Braner with Platinum Partners Realtors 224-489-6170
For Sale

167 W Elk Trail Unit: 167

167 W Elk Trail Unit: 167, Carol Stream, IL 60188

$169,500
$169,500

167 W Elk Trail Unit: 167

1 Bed 1 Bath

Description

Excellent Investment Opportunity! Welcome to this charming and well-maintained 1-bedroom, 1-bathroom first-floor condo, offering comfort, convenience, and strong rental potential. The thoughtfully designed floor plan features an in-unit laundry, a spacious living room with a dining area, and the flexibility for an eat-in kitchen if preferred. Enjoy two private outdoor spaces-one patio off the living room overlooking the beautifully landscaped courtyard, perfect for relaxing, and a second patio off the kitchen, ideal for outdoor dining or enjoying your morning coffee. Additional storage is conveniently located just outside the unit's back door. The community offers an array of amenities, including ample parking, a private swimming pool, a playground, and beautifully maintained common areas. The low HOA provides exceptional value by covering heat, water, garbage, parking, exterior maintenance, lawn care, snow removal, and access to the community pool, leaving the tenant responsible for electricity only. This investor-friendly property is currently occupied by long-term tenants paying $1,400 per month, which is below current market value. Comparable rentals in the area suggest the potential to increase rents to $1,650 per month or more, making this an excellent opportunity for immediate cash flow with future upside. Conveniently located near shopping, restaurants, parks, public transportation, and major highways, this property offers an ideal combination of location, affordability, and investment potential. The owner is pursuing other investment opportunities, creating an excellent opportunity for the next owner. Don't miss your chance to own this income-producing property in a desirable location with significant upside potential!

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Location

167 W Elk Trail Unit: 167, Carol Stream, IL 60188

Status

For Sale
Scott Braner

Scott Braner

Features & Amenities

Interior

  • total bedrooms1
  • Total bathroom1
  • full bathroom1

Area & Lot

  • Status For Sale
  • MLS® ID12695791
  • TypeCondo
  • YEAR BUILT1980
  • School District87

Exterior

  • STORIES3
  • water SourcePublic
  • parkingYes
  • HEAT TYPENatural Gas, Steam, Baseboard
  • AIR CONDITIONINGWindow Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$169,500
  • Real Estate Tax $2,122/yr
  • HOA $350/mo
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Thank you for your interest in 167 W Elk Trail Unit: 167, Carol Stream, IL 60188. We are reviewing your request and will be in touch shortly!

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