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246 E North Avenue Elmhurst, IL 60126 Residential - Single Family New

New - 16 Hours Ago
  • 246 E North Avenue , Elmhurst, IL 60126 Main Photo

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Description

Rare opportunity to acquire a permitted, partially-renovated home in the heart of Elmhurst - one of Chicagoland's most sought-after suburbs - with the hard work already done and serious upside waiting. Comparable renovated homes in the immediate area are selling for $800K-$1M+, and this property is primed to join them. The heavy lifting is complete: new roofs on both the house and garage, full gut to the studs, new framing, and over $30,000 invested in a new storm drain and water main installed beneath an IDOT road - infrastructure work that would otherwise fall to the next buyer. Permits and approved plans are in place, and the city has signed off on a 4+1 bedroom, 3 bathroom configuration - unlocking maximum livable square footage and resale value. The three-level floor plan offers exceptional flexibility, with a detached 2-car garage and a large lot steps from Field Elementary, Sandburg Middle, York High School, downtown Elmhurst, the Metra, restaurants, and expressway access. Deep 164 x 56 lot providing extra space for expansion potential, recreation and plenty of parking. Side drive with turnaround space for easy access to North Ave. Whether you're a seasoned fix-and-flipper looking to finish on your terms, an investor adding a high-return asset to your portfolio, or an owner-occupant ready to build your dream home with custom finishes from scratch - the bones, permits, and approvals are all here. The vision is set. The potential is real. All that's left is the finish. Take advantage of the most competitively-priced single family home on the market in Dist 205!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,785
Garage Size: 2
Built in 1925
School District: District 205
One Fireplace

General Information

Bedrooms: 4
Bathrooms: 3
Sqft: 1,785
County: Cook
Listed By:
eXp Realty - Chicago North Ave 888-574-9405
MRED MLS

Room Information

Bedroom 2: 14X12
Bedroom 3: 15X11
Bedroom 4: 14X10
Dining Room: 13X11
Kitchen: 18X15
Living Room: 18X12
Primary Bedroom: 18X17
$450,000
Est. $2,915/mo
4beds
3baths
1,785sqft
2cars
New to the Market New
BEDS4 BATHS3 full SQUARE FEET1,785 MLS#12650082
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 205

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246 E North Avenue , Elmhurst, IL 60126.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $450,000$450,000$450,000
Down Payment $90,000$15,750$112,500
Monthly Mortgage Amount $2,158$2,649$2,780
Taxes $626$626$626
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$198$0
Monthly Estimated Total $2,915$3,604$3,537

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