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

$169,500
  • 167 W Elk Trail, Unit 167, Carol Stream, IL 60188 Main Photo

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New to the Market New Price Reduced by $400 on July 6th, 2026
BEDS1 BATHS1 full MLS#12695791
STATUSNew PROPERTY TYPEResidential - Condominium SCHOOLDistrict 87

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!

167 W Elk Trail, Unit 167 | MLS# 12695791

This condo located at 167 W Elk Trail, Unit 167, Carol Stream, IL 60188 is currently listed for sale with an asking price of $169,500. This property was built in 1980 and has 1 bedrooms and 1 full baths. W Elk Trail, Unit 167 is located within the District 87 school district. Search Carol Stream real estate on www.gogambino.com today.

Property Features

Property Type: Residential - Condominium
Basement: None
Cooling: Window Unit(s)
Heating: Natural Gas, Steam, Baseboard
Lot Size: COMMON
Stories: 3.0
Taxes: $2,122
Year Built: 1980

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Exterior: Brick
HOA Fee: 350/ Monthly
Lot Dimensions: COMMON
Parcel#: 0229111116
Parking: Yes
Pet Allowed: Cats OK, Dogs OK
Sewer: Public Sewer
Total Rooms: 5
Township: Bloomingdale
Water: Public

Room Sizes

Dining Room: 10X9
Family Room: 10X9
Kitchen: 10X9
Living Room: 15X20
Primary Bedroom: 12X11

Local Schools

School District: District 87

Listed By / Shown By

Listed By

Agency Name: Platinum Partners Realtors
Agency Phone: 630-435-3500

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 996.19 per month $769.92 Principal & Interest $176.83 Property Tax $49.44 Homeowner's Insurance

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