125 East North Avenue

Elmhurst, IL 60126

$490,000
Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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....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. 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. - 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!
  1. Listed by Adam Garza • Property Solutions Group, LLC

Property Details for 125 East North Avenue

Area
Elmhurst
Township
Addison
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
7.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas

Open Houses

Saturday, Jan 11th

11:00 AM - 6:00 PM

Public

LISTING UPDATED: 01/09/2025 05:03 PM

Property Details for 125 East North Avenue

StatusNew
MLS #12052447
Days on Market2
Taxes$7,207 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1907
Lot Size0.19 AC / 8,276 SF
CountyDuPage County

Building Information for 125 East North Avenue

Stories-Residences2Year Built1907Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 125 East North Avenue

General Information
School Information
  • Elementary School District: 205
  • High School District: 205
  • Middle Or Junior School District: 205
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 13
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 7
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch
  • Num of Baths: 3.0
Utilities / Equipment
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: .19 ACRES
  • Total # Units in Building: 2.0
  • Other Structures: Second Residence
  • Waterfront: No
  • Exterior Building Type: Stucco
  • General Information: Commuter Bus,Interstate Access
  • Lot Size Source: Other
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 41
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $40,800.00
  • Net Operating Income: $29,209.00
Unit 1
  • Unit Type Actual Rent: $2,400.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 6
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 01/26
Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 1/26

Property History for 125 East North Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 125 East North Avenue

Taxable ValueLand$58,590Additions$58,190Total$116,780
Tax Record2023$7,207 ($601 / month)
Home Facts
Baths3Total Finished SqFt1,367 SqFtAbove Grade Finished SqFt1,367 SqFtStories2Lot Size8,276 SqFtStyleMiscellaneousYear Built1907ZoningRCountyDUPAGEAPN03-36-312-030

Schools near 125 East North Avenue

This home is within Elmhurst School District 205.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Field Elementary School
PublicK to 5

Sandburg Middle School
Public6 to 8

York Community High School
Public9 to 12

Immaculate Conception Grade School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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125 East North Avenue is a multi-family home for sale in Elmhurst, IL 60126. This property was listed for sale on January 9, 2025 by Property Solutions Group, LLC, it's currently listed at $490,000. It has been on the market for a total of 2 days and was last sold on March 30, 2017. This listing's school district is Elmhurst School District 205. Nearby schools include Field Elementary School, Sandburg Middle School and York Community High School. 125 East North Avenue is a 7-bed, 3-bath, multi-family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Property Solutions Group, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 01/09/2025 05:03 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.