Active
125 E North Avenue
Elmhurst IL, 60126
$490,000
Active
7 Beds
3 Baths
Multi-family
Built in 1907
Courtesy of Property Solutions Group, LLC
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!
12052447
MLSⓇ ID
January 9, 2025
Listed
January 15, 2025
Updated
Map
125 E North Avenue
Elmhurst IL, 60126
Interior Features
Bedrooms
7
Total Bathrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.19 Acres
School Information
School District
205
Other Property Details
Area Name
Elmhurst
Taxes
$7,207
Tax Frequency
Annually
Days on Market
7
Garage
Yes
Garage Spaces
2
Parking
Driveway
Parking Total
7
View
No
County
DuPage
Municipality
Addison
Water Source
Lake Michigan
Pool
No
Courtesy of Property Solutions Group, LLC, Adam Garza,
Listing Contact: 312-262-1400
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than AFNR Homes are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 1/15/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 6:49 AM UTC, 1/15/2025
