Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
15 Properties Within 0.5 miles of: 167 W Elk, Carol Stream

167 W Elk Unit 167
Carol Stream, IL 60188

  • 1 Beds
  • 1 Baths
  • Built In 1980
Price

$169,500

Est Payment
$1,378 / month (details)  
Taxes
$2,122  
Assessments
$350  
Beds
1  
Baths
1  
Rooms
5  
Type
Attached  
Sq. Ft.
n/a  
Built
1980  
Neighborhood
Carol Stream  
MLS
#12695791
Status
Active

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!

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
15X20
Dining Room
Main
10X9
Kitchen
Main
10X9
Family Room
Main
10X9
Laundry
N/A
Master Bedroom
Main
12X11
Bedroom 2
N/A
Bedroom 3
N/A
Bedroom 4
N/A

Utilities

  • Heating Natural Gas, Steam, Baseboard
  • Cooling Window Unit(s)
  • Water Public
  • Sewer Public Sewer

Additional Information

Assessment Includes
Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Pets Allowed
Cats OK, Dogs OK
Parking
1 Parking Spaces, Yes
Schools
District 87, District 93

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Hwy IL 390 East 3.8 mi
  • Hwy IL 390 West 4.0 mi
  • Hwy 355 South 4.3 mi
  • Hwy 355 North 4.4 mi
  • I 290 West 4.9 mi
grid
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