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

$169,500
New / MLS# 12695791 / Residential - Condominium / Carol Stream
1 Beds
1 Bath

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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Baird & Warner Mark C. Rusch Agent Cell: 630.479.7571 Email

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Estimated Payment

$ 952.94 per month $376.67 Principal & Interest $176.83 Property Tax $49.44 Homeowner's Insurance $350 HOA Fee
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Property Details

Property Type: Residential - Condominium
Basement: None
Cooling: Window Unit(s)
Heating: Natural Gas, Steam, Baseboard
Lot Size: COMMON
Stories: 3.0
Taxes: $2,122
Year Built: 1980

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Exterior: Brick
HOA Fee: 350/ Monthly
Lot Dimensions: COMMON
Parcel#: 0229111116
Parking: Yes
Pet Allowed: Cats OK, Dogs OK
Sewer: Public Sewer
Total Rooms: 5
Township: Bloomingdale
Water: Public

Room Information

Dining Room: 10X9
Family Room: 10X9
Kitchen: 10X9
Living Room: 15X20
Primary Bedroom: 12X11

Schools

School District: District 87

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Platinum Partners Realtors

Listing Office Phone: 630-435-3500



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