125 E North Avenue
Elmhurst, IL 60126
- 7 beds
- 3 baths
- – sqft
- 8,276 sqft lot
- 1907 build
- – on site
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!
Last checked:
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Last updated Jan 10, 2025
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MLS# 12052447 —
Upcoming Open Houses
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Saturday, 1/11
11am-6pm
The Building
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Year Built:1907
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Rebuilt:No
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New Construction:false
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Basement:Full
Interior
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Room Type:Enclosed Porch
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Rooms Total:13
Location
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Directions:East of Intersection, York Rd & North Ave West of North Ave overpass of Highway I-290
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Location:37948
The Property
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Parcel Number:0336312030
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Property Type:Residential Income
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Location:N
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Lot Size Dimensions:.19 ACRES
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Lot Size Acres:0.19
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Lot Size Source:Other
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 262-1400
- Office phone:
- (312) 262-1400
Taxes
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Tax Year:2023
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Tax Annual Amount:7207.32
Beds
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Bedrooms Total:7
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Bedrooms Possible:7
Baths
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Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Water Source:Lake Michigan
Schools
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Elementary School District:205
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Middle Or Junior School District:205
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High School District:205
Parking
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Parking Total:7
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Parking Features:Driveway
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Parking Onsite:Yes
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Parking Ownership:Owned
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Extra Units
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Other Structures:Second Residence
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/9/25
Jan 9, 2025
|
Listed / Active | MRED | $490,000 | 271.2% (16.9% / YR) |
|
12/19/08
Dec 19, 2008
|
MRED | $132,000 |
