125 North Avenue, Elmhurst, Illinois 60126
$430,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1907 |
| Property Taxes: | $7,207 |
| Days On Market: | 485 |
| Lot Size: | 0,19 |
Description
Investor Opportunity in Elmhurst - Income-Producing Property with Strong Tenant History Whether you're an experienced investor or exploring your first rental property, don't miss this prime income-producing opportunity in the desirable Down-Town Elmhurst market. This one-unit subleased property offers a reliable stream of rental income with a well-established tenant history. The main unit features 3 bedrooms and 2 full bathrooms, making it ideal for long-term renters seeking spacious living accommodations. The second unit is a studio apartment, perfectly suited for additional rental income. Key investment highlights: - Consistent Cash Flow: The current tenant has been subleasing to a second tenant with a long history of on-time rent payments, ensuring steady returns. - Added Convenience: A two-car garage and long driveway offer ample parking, enhancing tenant appeal. - Strategic Location Situated near three major highways, this property provides easy access for commuters. Additionally, it's located within a 10-mile radius of 10 colleges, ensuring a steady pool of potential renters and strong rental demand. Whether you're looking to expand your portfolio or acquire a turnkey investment, this property checks all the boxes. Contact us today to explore this opportunity and secure a reliable income-generating asset in Elmhurst!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1907 | |
| — | |
| — | |
| No | |
| 0.19 |
| — | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12052447 | |
| 0336312030 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 19 Dec, 2008 | Sold | $132,000 | MRED MLS |
| 21 Nov, 2008 | Under contract | $131,175 | MRED MLS |
| 6 Nov, 2008 | Listed for sale | $131,175 | MRED MLS |
| 11 Aug, 2018 | Listed for sale | $0 | MRED MLS |
| 10 Oct, 2021 | Listed for sale | $0 | MRED MLS |
| 5 May, 2025 | Sold | $430,000 | MRED MLS |
| 16 Apr, 2025 | Under contract | $470,000 | MRED MLS |
| — | Last price change | $490,000 | MRED MLS |
| 9 Jan, 2025 | Listed for sale | $490,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| .19 ACRES | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2008 | $4,212 |
| 2025 | $7,207 |
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Listing Provided By
Property Solutions Group, LLC
