161 W Elk Trail #262 — Carol Stream, IL 60188
Active Under Contract
Carol Stream, IL 60188

161 W Elk Trail #262

$199,000
2 beds · 2 baths · 981 sqft
Listed at $199,000 17 days on market $1,265/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$199,000
List price
981
Square feet
2
Bedrooms
1 full / 1 half
Bathrooms
1980
Year built
Lot size
2
Garage spaces
$1,265
Annual taxes
Attached Single
Style
17
Days on market
04Features
Heating
Natural Gas
Cooling
Central Air
Construction
Brick
Sewer
Public Sewer
05Neighborhood
  • Chipotle 1.0 mi
  • Jollibee 1.0 mi
  • MOD Pizza 1.0 mi
  • Potbelly 1.0 mi
  • Panera Bread 1.0 mi
  • Chick-fil-A 1.1 mi
  • Amazon Fresh 0.9 mi
  • Ambica Foods 1.0 mi
  • Speedway 1.0 mi
  • Walmart Supercenter 1.2 mi
  • 7-Eleven 1.3 mi
  • BP Shop 1.4 mi
  • Carolshire Park 650 ft
  • Veterans Park 0.4 mi
  • Ross Ferraro Town Center 0.4 mi
  • Mitchell Lakes Park 0.4 mi
  • Hampe Park 0.7 mi
  • Tokarski Park 0.7 mi
  • Dunkin' 1.1 mi
  • Manny's Cafe 1.2 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 5, 2026
Listed for saleThis listing
ARNI Realty Incorporated
$199,000
Mar 31, 2025
Sold
Coldwell Banker Realty · 7 days on market
$172,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by ARNI Realty Incorporated · Hetul Thakkar · 630-400-8083
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12639536
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