About This Home

This 1-bedroom, 1-bathroom condo at 167 W Elk Trail #167 in Carol Stream, IL is listed for $169,500. Built in 1980, on a N/A lot.

Key Features

  • Built in 1980
  • 3 stories
  • 1 parking spaces

Property Details

3 stories
1 full
1 space
#167
1980

Amenities

A/C
Listing 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!

Monthly Cost Estimate

$1,257/mo

20% down · 6.5% · 30 years

Principal$123
Interest$735
Insurance$49
HOA$350

Estimates only. Actual payments may vary.

Location

167 W Elk Trail #167

Carol Stream, IL 60188

Property Details

Construction

Brick

Heating

SteamNatural GasBaseboard

Cooling

Window Unit(s)

Questions & Answers

This 1-bedroom, 1-bathroom condo at 167 W Elk Trail is listed at $169,500. The estimated monthly payment is $1,256 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $350/month.

Key features include: Built in 1980, 3 stories, 1 parking spaces.

This property is listed by Scott Braner and can be reached at (630) 435-3500.

SB

Scott Braner

Agent at Platinum Partners Realtors

(630) 435-3500
Agent website

Listed by Platinum Partners Realtors · Broker phone: (630) 435-3500 · View on Broker Site · Broker website

MLS# 12695791· Source: Midwest Real Estate Data, LLC· 101 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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