161 Elk Trail, Carol Stream, Illinois 60188


$199,000

For Sale
Status: Contingent
Sqft: 981
Cost/Sqft: $203
Beds: 2
Baths: 2
Year Built: 1980
Property Taxes: $1,265
Days On Market: 36
Lot Size: 0,00
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Description

Turnkey investment opportunity in a prime Carol Stream location! This beautifully updated 2-bedroom, 1.5-bath condo is already leased to excellent tenants paying $1,935/month, offering immediate and reliable cash flow from day one. A true investor special-no work needed, just start collecting rent. Widely considered one of the best-looking units in the building, this home features a modern kitchen with stainless steel appliances, a center island, and a stylish backsplash. The main living areas and kitchen showcase durable porcelain tile flooring, while both bedrooms are finished with elegant bamboo floors. The thoughtfully updated interior provides a clean, contemporary feel throughout. Located on the highly desirable second floor, this unit also includes the convenience of in-unit laundry and one assigned parking space. Ideally situated close to shopping centers, restaurants, and public transportation, making it highly attractive for tenants. Whether you're a seasoned investor or just getting started, this is a rare, low-maintenance, income-producing property in a strong rental market.

Property Specifics

Condos/Townhomes
3
1980
No
500 / Monthly
12639536
0229111123

Property History

DATE: EVENT: PRICE: SOURCE:
31 Mar, 2025 Sold $172,000 MRED MLS
27 Feb, 2025 Under contract $175,000 MRED MLS
21 Feb, 2025 Listed for sale $175,000 MRED MLS
19 May, 2026 Under contract $199,000 MRED MLS
5 May, 2026 Listed for sale $199,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

99999
Not in DB

Tax History

Year Property Taxes
2025 $2,471
2026 $1,265

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Contact Agent

Listing Provided By

ARNI Realty Incorporated