9
See all 9 photos
$169,500
Est. payment /mo
1 Bed
1 Bath
New
167 W Elk TRL #167 Carol Stream, IL 60188
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Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12695791
Bedrooms 1
Full Baths 1
HOA Fees $350/mo
Rental Info Yes
Year Built 1980
Annual Tax Amount $2,122
Tax Year 2024
Lot Dimensions COMMON
Property Sub-Type Condo
Property 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!
Location
State IL
County Dupage
Area Carol Stream
Rooms
Basement None
Interior
Heating Natural Gas, Steam, Baseboard
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Attached Single
Building Description Brick, No
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 93 , 93, 87
Others
HOA Fee Include Heat,Water,Gas,Insurance,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
Ownership Condo
Special Listing Condition None
Pets Allowed Cats OK, Dogs OK
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Scott Braner of Platinum Partners Realtors
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