125 East North, Elmhurst IL 60126
$490,000

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Property 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!

Features & Information

Key Details

  • List Price $490,000
  • Property Taxes $7,207.32
  • Price/ Sq. Ft. Unavailable
  • Year Built 1907
  • Parking Type Garage,Space/s
  • Status Active

Rooms

  • Total Rooms 13
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage,Space/s
  • # of Cars:  7
  • # of Garage Spaces:  Garage Door Opener(s)

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Stucco
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Hardwood Floors, Walk-In Closet
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space

Location

  • County DuPage
  • Township Addison
  • Corporate Limits Elmhurst
  • Directions to Property East Of Intersection, York Rd & North Ave West Of North Ave Overpass Of Highway I-290
  • Schools

  • Elementary School District 205
  • Junior High District 205
  • High School District: 205
  • Property Taxes

  • Tax 7207.32
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 0336312030

Utilities

  • Sewer Public

Listed by Adam Garza for Property Solutions Group, LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 2/4/2025 9:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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