125 E North Avenue , Elmhurst, IL 60126
Elmhurst, IL 60126
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 6 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!
Details
| MLS# | 12052447 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1907 |
| Days On Site | 7 |
| Listing Provided By | Property Solutions Group, LLC | Adam Garza |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
| Garage | 2 |
| Basement | Y |
| Acreage | 0.19 |
Market Activity 60126
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Learn More About This Property
| State | IL |
|---|---|
| County | DuPage |
| City | Elmhurst |
| Zip Code | 60126 |
| Area | Elmhurst |
| School District | 205 |
| Elementary School | 205 |
| Middle School | 205 |
| High School | 205 |
| Listing VS Median (in 60126) | |
Price: $490,000 low | high Med: $488,500 On Site: 7 low | high Med: 44.000000 | |