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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Elmhurst at 791 N Michigan St, Elmhurst, IL, 60126 uses $103,635 cash to close to unlock $34,489/yr annual cash flow and $2,874/mo monthly cash flow. Total monthly income runs $5,101/mo, and a $1,530/mo payment keeps the spread at $2,874/mo. Purchase price stands at $312,625, and rental yield measures 19.58% with $5,101/mo rent. Return on cash invested shows 53.19% in year one, and 5% annual appreciation builds toward $86,373 over five years. Five-year ROI reaches 282.58% and total cumulative return in cash records $292,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,101/mo property income covering a $1,530/mo payment rather than investor’s personal income.
Single Family
Built in 1955
7,840 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 60126, Elmhurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 13,608 (73.6%) |
| Renter Occupied HU | 3,686 (19.9%) |
| Vacant Housing Units | 1,204 ( 6.5%) |
| Median Home Value | $585,688 |
| Average Home Value | $651,050 |
Housing Distribution
Address Breakdown
Residential
17,771
Single Family
14,156
Multi-Family
3,615
Businesses
1,789
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-28 | Listing removed | $3,700 |
| 2025-08-19 | Listing removed | $499,900 |
| 2025-08-11 | Price change | $499,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-11 | $6799.36 | -3.89% | $110,170 | -4.61% |
| 2022-09-11 | $7074.46 | 4.27% | $115,490 | 4.40% |
| 2021-09-11 | $6784.88 | 6.07% | $110,620 | 4.40% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1955
- Architectural Style: N/A
- Building Area: 0
- Living Area: 1,547 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
- Cooling: Central Air
- Flooring: Some Carpeting
- Interior Features: First Floor Bedroom, First Floor Full Bath, Open Floorplan
- Exterior Features: N/A
- Parking Features: Garage - Attached, Open
Location
- City: Elmhurst
- Subdivision: N/A
- Lot Size: 7,840 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: None
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Lake Michigan
- Road Surface Type: N/A
School Information
- Elementary School: Fischer Elementary School
- Middle School: Churchville Middle School
- High School: York Community High School
What's Special
Unfinished
Listed by: Liz Eder • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12002960
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)