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Rolling Meadows 60008
2101 George Street
$410,000
● House - Off Market

2101 George Street

Rolling Meadows, IL 60008
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$2,618
Est. Monthly
9.21%
Cap Rate

About This Property

Welcome to 2101 George, an updated throughout 4-bed, 2-bath home on a spacious corner lot, featuring a modern kitchen with quartz countertops, backsplash, and stainless-steel appliances; updated bathrooms; refinished hardwood floors; recessed lighting. Oversized 2-car garage with extra storage. Beautiful brick paver patio. Great community and convenient location - walk to schools and parks, minutes from shopping and transportation. A perfect blend of style and functionality.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$216
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11938228)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Dec 21, 2023 Listed by @properties Christie's International Real Estate $410,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,020
  • Total Building Area: 1,722
  • Gross Building Area: 1,722
  • Building Area: 1,722
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,722
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT1
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (ROLLING)(MEADOWS)(UNIT1) SUB OF PT NH SEC 36 & PT SH SEC 25-42-10

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803902

Geography

  • District: 29
  • Parcel: 02-36-206-029-0000
  • Lot: 170
  • Meridian: SEC 25 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.08
  • Longitude: -88.0067

    Address

  • Full Address: 2101 George St
  • Legal Unit: 1
  • Address - House Number: 2101
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C023
  • 4-Digit Zip Code: 1701
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $724,665
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 404,434
  • High Value: 445,325
  • Low Value: 363,543

    Market Valuation

  • Market Total Value: $286,460
  • Market Land Value: $55,110
  • Market Improvement Value: $231,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,646
  • Assessed Land Value: $5,511
  • Assessed Improvements Value: $23,135

    Sales

  • Current Sale Contract Date: Jan 22, 2024
  • Current Sale Recording Date: Jan 24, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33360
  • Previous Sale Recording Date: Oct 17, 2014
  • Previous Sale Contract Date: Sep 16, 2014
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rolling Meadows

Stats & Trends

Median Asking:

$354,870

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1367 ft²

Average Home Age

52.2 years

Currently For Sale

40 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 101 N Yale Avenue, Arlington Heights, IL, 60005

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,166 ft²
101 N Yale Avenue, Arlington Heights, IL, 60005 Listing by Joanna Wieclaw

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Peter Bellert, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11938228
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2101 George Street built and last sold?
The property at 2101 George Street was built in 1955 and last sold on Jan 22, 2024 for $410,000.
How much is this home worth?
The estimated value of the home located at 2101 George Street is $0.
What are some comparable homes to 2101 George Street?
There are currently no comparable homes to 2101 George Street.
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