$299,900
PENDING

505 Nebraska Cir Unit 3 Carol Stream, IL 60188

Estimated payment $2,468/month

Total Views 28,026
3 Beds
1.5 Baths
1,377 Sq Ft
$218 Price per Sq Ft

Highlights

  • Deck
  • Laundry Room
  • Central Air
  • Roy De Shane Elementary School Rated A
  • Ceramic Tile Flooring
  • Combination Dining and Living Room

About This Home

Investor-Friendly Opportunity - Turnkey Rental Property! This light-filled, well-maintained home is an excellent opportunity for investors seeking reliable rental income from day one. Currently leased and generating steady cash flow, this 3-bedroom, 1.1-bath property combines practical space with desirable features that tenants love. The home offers a spacious, open-concept layout with a comfortable living and dining area centered around a charming fireplace. The large kitchen provides generous counter space and flows seamlessly into the main living space-ideal for everyday function and entertaining alike. The primary bedroom features a sizable walk-in closet, while all bedrooms offer ample closet space and natural light. The layout maximizes every inch, making the home feel open and functional. The private backyard offers great potential for tenant enjoyment-perfect for outdoor activities, gardening, or grilling. Located close to shopping, dining, parks, schools, and a local pool, this property sits in a high-demand rental area. Whether you're expanding your portfolio or diving into your first investment, this income-producing property is a smart addition. Tenants in place-start collecting rent immediately!

Listing Agent

Mike Musa

Keller Williams Preferred Rlty License #475206990 Listed on: 06/23/2025

Keller Williams Preferred Rlty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,395

Year Built

  • Built in 1978

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,377 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Lot Dimensions are 24x71

Community Details

Overview

  • Association fees include insurance, clubhouse, pool, exterior maintenance, lawn care
  • Mgt Association, Phone Number (630) 812-6400
  • Property managed by G&D Property

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,395

Year Built

Built in 1978

Lot Details

0

HOA Fees

$362 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: UnderContract
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1377
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1317
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 299900
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Main Level, Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 362
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: G&D Property
  • Management Contact Name: mgt
  • Management Phone: 630-812-6400

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care

Schools

  • Middle/Junior School District: 93

Lot Info

  • Lot Dimensions: 24X71
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5395
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $5,395 $60,350 $12,640 $47,710
2022 $4,622 $56,090 $11,750 $44,340
2021 $4,389 $53,240 $11,150 $42,090
2020 $4,286 $51,650 $10,820 $40,830
2019 $4,117 $49,800 $10,430 $39,370
2018 $3,862 $47,650 $9,980 $37,670
2017 $3,453 $42,360 $8,870 $33,490
2016 $3,150 $38,170 $7,990 $30,180
2015 $2,895 $34,080 $7,130 $26,950
2014 $2,969 $34,310 $6,950 $27,360
2013 $2,960 $35,130 $7,120 $28,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $299,900 -- $218 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 First American Title
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Stewart Title Company
Quit Claim Deed -- None Available
Warranty Deed $147,500 Ticor Title
Warranty Deed $99,500 --
Warranty Deed $87,000 Attorneys Natl Title Network
Quit Claim Deed -- Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $183,380 FHA
Previous Owner $180,670 FHA
Previous Owner $131,000 Credit Line Revolving
Previous Owner $132,500 Purchase Money Mortgage
Previous Owner $95,710 FHA
Previous Owner $99,182 FHA
Previous Owner $86,932 FHA
Source: Public Records

About the Listing Agent

Mike Musa

Keller Williams Preferred Rlty

(708) 549-2886

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12400341

Midwest Real Estate Data (MRED)

APN: 01-36-206-012