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!
Closed
$295,000
505 Nebraska Cir, Carol Stream, IL 60188
3beds
1,377sqft
Townhouse, Single Family Residence
Built in 1978
1,704 Square Feet Lot
$296,600 Zestimate®
$214/sqft
$2,738 Estimated rent
Home value
$296,600
$273,000 - $323,000
$2,738/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 10, 2025 at 08:50pm
Listing courtesy of:
Mike Musa 708-549-2886,
Keller Williams Preferred Rlty
Bought with:
Manish Shah
Genex Realty, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12400341
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 180 Square Feet
- Dimensions: 15X12
Bedroom 2
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11X10
Bedroom 3
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11X10
Dining room
- Features: Flooring (Other)
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Kitchen
- Features: Kitchen (Eating Area-Table Space, Galley), Flooring (Ceramic Tile)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 16X9
Laundry
- Level: Main
- Area: 18 Square Feet
- Dimensions: 6X3
Living room
- Features: Flooring (Other)
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14X13
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Main Level, Gas Dryer Hookup, In Unit, Laundry Closet
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 1,377 sqft
Property
Parking
- Total spaces: 1
- Parking features: On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Patio & porch: Deck
Lot
- Size: 1,704 sqft
- Dimensions: 24X71
Details
- Parcel number: 0136206012
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Carol Stream
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $362 monthly
- Services included: Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple w/ HO Assn.
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2025 | Sold | $295,000-1.6%$214/sqft |
Source:  MRED as distributed by MLS GRID #12400341 | ||
| 7/3/2025 | Contingent | $299,900$218/sqft |
Source: MRED as distributed by MLS GRID #12400341 | ||
| 6/24/2025 | Listed for sale | $299,900+5.2%$218/sqft |
Source: MRED as distributed by MLS GRID #12400341 | ||
| 8/20/2024 | Listing removed | $285,000$207/sqft |
Source: MRED as distributed by MLS GRID #12074855 | ||
| 6/4/2024 | Listed for sale | $285,000+67.6%$207/sqft |
Source: MRED as distributed by MLS GRID #12074855 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $5,395 +16.7% | $60,350 +7.6% |
| 2022 | $4,622 +5.3% | $56,090 +5.4% |
| 2021 | $4,389 +2.4% | $53,240 +3.1% |
Find assessor info on the county website
Neighborhood: 60188
Nearby schools
GreatSchools rating
- 6/10Roy De Shane Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Stratford Middle SchoolGrades: 6-8Distance: 2.9 mi
- 7/10Glenbard North High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: 93
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$296,600
2% more+ $5,932
With Zillow Showcase(estimated)
$302,532