167 W Elk Trail #167, Carol Stream, IL 60188
Local realty services provided by:Better Homes and Gardens Real Estate Connections
167 W Elk Trail #167,Carol Stream, IL 60188
$169,500
- 1 Beds
- 1 Baths
- - sq. ft.
- Condominium
- Active
Listed by: scott braner
Office: platinum partners realtors
MLS#:12695791
Source:MLSNI
Price summary
- Price:$169,500
- Monthly HOA dues:$350
About this home
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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Home facts
- Year built:1980
- Listing ID #:12695791
- Updated:September 08, 2026 at 11:07 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard, Natural Gas, Steam
Structure and exterior
- Year built:1980
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$169,500
- Tax amount:$2,122 (2024)
Parking
- Total parking spaces:1
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