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125 E North Avenue

Elmhurst, IL 60126
  • $490,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 12052447
$490,000
  • 4
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1907
County:
Area:

School Ratings & Info

School District:
205

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!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-26T00:00:17.747 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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125 E North Avenue Elmhurst, IL 60126

  • Price: $490,000
  • Status: Active
  • On Site: 75 Days
  • MLS #: 12052447
4
Beds
0
Baths
0
½ Baths
0.19
Acres
1907
Built
Neighborhood:
Dupage
County:
Dupage
Area:
Dupage
School District:
205
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!
Exterior Features

Exterior Building Type Stucco Garage Details Garage Door Opener(s) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Less Than .25 Acre Multi Family Type 2 Flat Other Structures Second Residence Parking Details GarageSpace/s Parking Features Driveway Parking Onsite Yes Parking Ownership Owned Parking Total 7 Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 4 Full Baths In Building 3 Half Baths In Building 0 Heating Natural Gas Room Type Enclosed Porch Rooms Total 10

Property Features

Age 100+ Years Built Before1978 YN Yes Corporate Limits Elmhurst General Information Commuter BusInterstate Access Gross Income 40800 Mls Actual Status Active Net Operating Income 29209 New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2023 Special Listing Conditions None Tax Annual Amount 7207.32 Tax Year 2023 Total Numberof Unitsin Building 2 Township Addison Type Two to Four Units Water Source Lake Michigan

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Property Solutions Group, LLC: 312-262-1400.


© 2025 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-26T00:00:17.747 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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