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$169,500 -$400 (-0.24%) Price Reduced
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!
Full Property Details
Full Property Details for 167 W Elk Trail #167
General
- Price: $169,500
- HOA FEE: $350/month
- Taxes: $2,122 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12695791
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Total Spaces: 1
- Parking Features: Yes
Location
- Area: Carol Stream
- County: DuPage
- Township: Bloomingdale
- Driving Directions: Gary Ave South of army trail to elk trail
School Information
- School District: 93
- Elem School District: 93
- Midd School District: 93
- High School District: 87
Community
- Assoc. Fees Include: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 25lbs.
- Mgmt. Company: MCA Community Management
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Natural Gas, Steam, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 1
- Stories/Levels: 3
- Sq. Ft. Source: Not Reported
- Year Built: 1980
Unit Information
- Units in Building: 8
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $350
- Assoc Fee Freq.: Monthly
- Assessment Year: 1980
- Tax Amount: $2,122
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 229111116
Listed by Platinum Partners Realtors
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Schools
Schools serving 167 W Elk Trail #167
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 | 0.2 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.
Tax History
Tax History for 167 W Elk Trail #167
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,122
76%
$24,735
89%
2022
$1,208
4%
$13,090
5%
2021
$1,156
2%
$12,440
3%
2020
$1,138
1%
$12,130
1%
2019
$1,127
60%
$11,970
58%
2018
$704
5%
$7,580
8%
2017
$670
5%
$7,030
8%
2016
$639
-9%
$6,510
-49%
2014
$703
-3%
$12,680
-3%
2013
$726
-3%
$13,120
-6%
2012
$745
—
$14,010
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 167 W Elk Trail #167
167 W Elk Trail #167, Carol Stream, IL 60188 (MLS# 12695791) is a Condo property with 1 bedroom and 1 full bathroom. 167 W Elk Trail #167 is currently listed for $169,500 and was received on July 06, 2026. Want to learn more about 167 W Elk Trail #167? 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.
