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
See this Listing
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
- Address161 W Elk Trail #262 Carol Stream IL
- CityCarol Stream
- CountyDuPage
- Zip Code60188
Market Summary
Current real estate data for Single Family in Carol Stream as of Jun 20, 2026
64
Single Family Listed
34
Avg DOM
243
Avg $ / SqFt
$464,467
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 $243. The average listing price for Single Family in Carol Stream is $464,467.
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Copyright 2026. All rights reserved.
161 W Elk Trail #262
Carol Stream, IL


