161 W Elk Trail #262 Carol Stream IL 60188 MLS #MRD12639536

161 W Elk Trail #262
Carol Stream, IL, 60188
$199,000
2 Beds
2 Baths
981 SqFt
0 Acres
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MLS #MRD12639536 image #0
Turnkey investment opportunity in a prime Carol Stream location! This beautifully updated 2-bedroom, 1.5-bath condo is already leased to excellent tenants paying $1,935/month, offering immediate and reliable cash flow from day one. A true investor special-no work needed, just start collecting rent. Widely considered one of the best-looking units in the building, this home features a modern kitchen with stainless steel appliances, a center island, and a stylish backsplash. The main living areas and kitchen showcase durable porcelain tile flooring, while both bedrooms are finished with elegant bamboo floors. The thoughtfully updated interior provides a clean, contemporary feel throughout. Located on the highly desirable second floor, this unit also includes the convenience of in-unit laundry and one assigned parking space. Ideally situated close to shopping centers, restaurants, and public transportation, making it highly attractive for tenants. Whether you’re a seasoned investor or just getting started, this is a rare, low-maintenance, income-producing property in a strong rental market.

Property Details

Price:
$199,000
MLS #:
MRD12639536
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Single Family
Neighborhood:
carolstream
Listed Date:
May 5, 2026
Finished Sq Ft:
981
Year Built:
1980
Carol StreamCarolstream

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Schools

School District:
87

Interior

Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Central Air
Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Spots
2
Parking Total
2

Financial

HOA Fee
$500
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal
Tax Year
2024
Taxes
$1,265

Map

Community

Market Summary

Current real estate data for Single Family in Carol Stream as of Jun 11, 2026
59
Single Family Listed
38
Avg DOM
245
Avg $ / SqFt
$462,627
Avg List Price

Property Summary

    161 W Elk Trail #262 Carol Stream IL is a Single Family for sale in Carol Stream, IL, 60188. It is listed for $199,000 and features 2 beds, 2 baths, and has approximately 981 square feet of living space, and was originally constructed in 1980. The current price per square foot is $203. The average price per square foot for Single Family listings in Carol Stream is $245. The average listing price for Single Family in Carol Stream is $462,627.

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161 W Elk Trail #262
Carol Stream, IL
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