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!
Elmhurst is located in Illinois. Elmhurst, Illinois has a population of 45,661. Elmhurst is more family-centric than the surrounding county with 41.68% of the households containing married families with children. The county average for households married with children is 36.11%.
The median household income in Elmhurst, Illinois is $128,355. The median household income for the surrounding county is $100,292 compared to the national median of $69,021. The median age of people living in Elmhurst is 40.6 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 15.3 degrees. The average rainfall is approximately 38.2 inches per year, with 31.3 inches of snow per year.