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 3 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!
Closed
$430,000
125 E North Ave, Elmhurst, IL 60126
4beds
--sqft
Multi Family
Built in 1907
-- sqft lot
$436,200 Zestimate®
$--/sqft
$3,458 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 02:09pm
Listing courtesy of:
Adam Garza 630-750-0797,
Property Solutions Group, LLC
Bought with:
Madiha Ashar
Platinum Partners Realtors
Source: MRED as distributed by MLS GRID,MLS#: 12052447
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 7
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Driveway, Owned, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 8,276 sqft
Details
- Additional structures: Second Residence
- Parcel number: 0336312030
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- New construction: No
- Year built: 1907
- Major remodel year: 2023
Utilities & green energy
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Elmhurst
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$436,200
2% more+$8,724
With Zillow Showcase(estimated)$444,924