|
Luxury one-bedroom at Elm51 Condominium in Elmhurst offers modern elegance, everyday comfort, and unbeatable convenience. Bright and airy, the home is filled with natural light streaming through large windows in every room. The sleek kitchen features stainless steel appliances and generous counter space — ideal for both daily living and entertaining. Contemporary LED lighting enhances the stylish feel, while your self-controlled heating and cooling system ensures comfort all year round. Built in 2017, Elm51 is a well-maintained and professionally managed condominium with top-tier amenities, including a fully equipped 24/7 gym, laundry facilities, package room, conference room, and a spacious outdoor terrace on the fifth floor complete with a children’s playground and open views. Doorman service is available from 11 AM to 7 PM daily, except Tuesdays from 12: 30 PM to 8: 30 PM. The location delivers true Elmhurst convenience — just minutes from the subway, and close to shops, schools, libraries, restaurants, cafés, parks, and everyday essentials. The low common charge of $287. 31 includes hot and cold water and cooking gas, offering exceptional value compared to similar buildings. The yearly tax is only $132. 52 with the current tax abatement, and over seven years of tax abatement remain, making this home an outstanding long-term investment. Parking space P9, a corner open-space garage spot, is available for purchase separately for $80, 000. Whether you own a condo in Elm51 or want to secure a private parking option in Elmhurst, this rare offering provides excellent convenience. An exceptional opportunity to own a beautifully designed home in a prime location where comfort, practicality, and neighborhood vibrancy come together.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$549,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $439,200 | $439,200 | $439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $11 | $11 | $11 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,494 | $2,630 | $3,502 |
| Total Monthly Payment | $2,597 | $2,733 | $3,605 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.