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$194,500
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Property 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.
Full Property Details
Full Property Details for 161 W Elk Trail #262
General
- Sold For: $194,500
- HOA FEE: $500/month
- Taxes: $1,265 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12639536
- Added to Site: 62 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 2
Location
- Area: Carol Stream
- County: DuPage
- Driving Directions: From North Ave (IL-64), head north on Gary Ave, then turn left (west) onto Elk Trail. Continue into the complex-161 W Elk Trl #262 will be on your right.
School Information
- School District: 93
- Midd School District: 93
Community
- Assoc. Fees Include: Heat, Water, Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 2
- Stories/Levels: 3
- Square Feet: 981
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1980
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 6
Lot Features
- Lot Dimensions: 99999
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1980
- Tax Amount: $1,265
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 229111123
Listed by ARNI Realty Incorporated
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Schools
Schools serving 161 W Elk Trail #262
School Districts:Community Consolidated School District 93, Glenbard Township High School District 87
| Name | Grades | Distance |
|---|---|---|
Western Trails Elementary School 860 Idaho Street, Carol Stream, IL 60188 | K-5 | 0.3 mi |
Jay Stream Middle School 283 El Paso Lane, Carol Stream, IL 60188 | 6-8 | 0.7 mi |
Glenbard North High School 990 Kuhn Road, Carol Stream, IL 60188 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161 W Elk Trail #262
Date
Details
Price
Change
Source
6/23/2026
Sold
$194,500
-2.26%
MLS
5/05/2026
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
161 W Elk Trail #262, Carol Stream, IL 60188 (MLS# 12639536) is a Condo property that was sold at $194,500 on June 23, 2026. Want to learn more about 161 W Elk Trail #262? Do you have questions about finding other Condo real estate for sale in Carol Stream? You can browse all Carol Stream real estate or contact a Coldwell Banker agent to request more information.


