A
Seller's Agent in 2025
Adam Garza
Property Solutions Group, LLC
(312) 262-1400
1 in this area
6 Total Sales
125 E North Ave Elmhurst, IL 60126
4
Beds
3
Baths
--
Sq Ft
8,276
Sq Ft Lot
Highlights
- Additional Residence on Property
- Field Elementary School Rated A
- Enclosed Patio or Porch
About This Home
As of May 2025Investor 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 3 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!
Last Agent to Sell the Property
Property Solutions Group, LLC License #475209345 Listed on: 01/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,207
Year Built
- Built in 1907 | Remodeled in 2023
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Enclosed Patio or Porch
- 8,276 Sq Ft Lot
- Additional Residence on Property
Community Details
Overview
- 2 Units
Building Details
- Gross Income $40,800
- Net Operating Income $29,209
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2025
Closed on
Apr 30, 2025
Sold by
Apoorva Assets Llc
Bought by
Umar Mohammad and Umar Moiz Unnisa
Seller's Agent
Adam Garza
Property Solutions Group, LLC
Buyer's Agent
Madiha Ashar
Platinum Partners Realtors
List Price
$490,000
Sold Price
$430,000
Premium/Discount to List
-$60,000
-12.24%
Views
476
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,302
Avg. Annual Appreciation
1.84%
Purchase Details
Closed on
Nov 6, 2020
Sold by
Ogni Inc
Bought by
Apoorva Assets Llc
Purchase Details
Closed on
Mar 29, 2017
Sold by
Resi Reo Sub Llc
Bought by
Ogni Inc
Purchase Details
Closed on
Mar 15, 2017
Sold by
Resi Sfr Sub Llc
Bought by
Resi Reo Sub Llc
Purchase Details
Closed on
Mar 1, 2016
Sold by
Christiana Trust
Bought by
Resi Sfr Sub Llc
Purchase Details
Closed on
Mar 24, 2011
Sold by
Slowik Thomas M
Bought by
Christiana Trust
Purchase Details
Closed on
Dec 19, 2008
Sold by
Residential Funding Llc
Bought by
Slowik Thomas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
3.25%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 31, 2007
Sold by
Miller Jacquelyn
Bought by
Residential Funding Co Llc
Purchase Details
Closed on
Sep 14, 2006
Sold by
Morissette John R and Norren Hays Morissette M
Bought by
Miller Jacquelyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
10.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 2005
Sold by
Warner Terry Keith
Bought by
Morissette John R and Noreen Hays Morissette M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 25, 1999
Sold by
Hosek James E
Bought by
Warner Terry Keith and Warner Nicole Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,577
Interest Rate
6.75%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $430,000 | Citywide Title | |
| Quit Claim Deed | -- | Attorney | |
| Special Warranty Deed | $159,139 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Sheriffs Deed | -- | None Available | |
| Corporate Deed | $132,000 | First American Title | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $350,000 | First American Title Ins Co | |
| Warranty Deed | $272,000 | Rtc | |
| Warranty Deed | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $192,500 | Construction | |
| Previous Owner | $350,000 | Purchase Money Mortgage | |
| Previous Owner | $217,600 | Purchase Money Mortgage | |
| Previous Owner | $137,577 | FHA | |
| Closed | $27,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Sold | $430,000 | -8.5% | -- |
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | Price Changed | $470,000 | -4.1% | -- |
| 03/27/2025 03/27/25 | For Sale | $490,000 | +14.0% | -- |
| 03/25/2025 03/25/25 | Off Market | $430,000 | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $490,000 | 0.0% | -- |
| 10/16/2021 10/16/21 | Rented | -- | -- | -- |
| 10/10/2021 10/10/21 | For Rent | $2,200 | +22.2% | -- |
| 08/18/2018 08/18/18 | Rented | $1,800 | 0.0% | -- |
| 08/11/2018 08/11/18 | For Rent | $1,800 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,780 | $127,033 | $63,734 | $63,299 |
| 2023 | $7,207 | $116,780 | $58,590 | $58,190 |
| 2022 | $6,844 | $111,720 | $56,060 | $55,660 |
| 2021 | $6,563 | $107,010 | $53,700 | $53,310 |
| 2020 | $6,188 | $102,500 | $51,440 | $51,060 |
| 2018 | $5,810 | $92,770 | $47,100 | $45,670 |
| 2017 | $5,324 | $88,670 | $45,020 | $43,650 |
| 2016 | $5,092 | $81,870 | $41,570 | $40,300 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Garza
-
Madiha Ashar
M
Buyer's Agent in 2025
Madiha Ashar
Platinum Partners Realtors
(630) 656-8108
2 in this area
17 Total Sales
-
Kathy Vasquez
Seller's Agent in 2021
Kathy Vasquez
Homes Realty 1
(708) 508-2736
1 in this area
41 Total Sales
-
Michelle Puzek
M
Buyer's Agent in 2021
Michelle Puzek
Homes Realty 1
(708) 369-3521
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12052447
APN: 03-36-312-030
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