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ActiveMLS #: 126957911 / 9Get an accurate number
ActiveMLS #: 126957911 / 91 Beds · 1 Baths
$169,500
167 W Elk Trail Unit 167, Carol Stream IL, 60188
Est. payment: $1,075/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Built in
1980
Property type
Condo
Listed by Scott Braner with Platinum Partners Realtors
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
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!
Location
167 W Elk Trail Unit 167, Carol Stream IL, 60188
- Township
- Bloomingdale
- County
- DuPage
- Area
- Carol Stream
Interior
- Bedrooms
- 1
- Full bathrooms
- 1
- Total rooms
- 5
- Cooling
- Window Unit(s)
- Heating
- Natural Gas, Steam, Baseboard
Exterior and lot
- Construction
- Brick
- Lot size
- COMMON
- Total parking
- 1
- Sewer
- Public Sewer
- Water
- Public
Schools
- Elementary district
- 93
- Middle district
- 93
- High school district
- 87
Taxes and ownership
Listing details
- MLS number
- 12695791
- Status
- Active
- Property type
- Condo
- Year built
- 1980
- Town
- Carol Stream
- ZIP
- 60188
- Updated
- Jul 12, 2026
Estimate your payment
Term, years
Your monthly payment will be
$1,075
Principal, interest, and estimated taxes.
Loan $135,600 Down $33,900
- Principal and interest
- $898
- Property taxes (2024, per the listing)
- $177
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
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