$164,000
●
House -
Off Market
2300 Algonquin Road #3
Rolling Meadows, IL 60008
2 Beds
1 Bath
1,000 Ft²
$1,544
Est. Monthly
$440
HOA / Fees
10.53%
Cap Rate
About This Property
First bldg on the property, Cozy top floor end unit 2 bed 1 bath
condo nestle by a beautiful courtyard and many other amenities. 2
story split Condo for townhouse style living, spacious living and
dining room with lots of sunshine and attached balcony *ample
bedrooms with closets on the upper floor *3rd portable A/C* living
and dining and kitchen on the main level. Enjoy the park with
playground and tennis court within walking distance. HOA
includes heat, water and gas. Laundry in building* includes one
parking spot and storage. Come and see Make an Offer
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$170
Property Type
House
Property Taxes
$269
HOA Dues
$440
Year Built
-
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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.
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 1
Appliances: Microwave, Refrigerator, Stainless Steel Appliance(s), Range Hood
Rooms: 5
Basement: None
Exterior Details
Square Footage: 1000
Square Footage Source: $0
Year Built: 1973
Construction Materials: Brick
Lot Size Dimensions: COMMON
Water Source: Public, Lake Michigan
Financial Details
Tax Annual Amount: $3,223
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Gas, Insurance, Maintenance Grounds, Snow Removal, Heat, Parking, Exterior Maintenance, Scavenger
HOA Fee: $440
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/26/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$169,999
2 Bed
1 Bath
1000 ft²
|
$164,000
-3.53%
04/24/2025
|
Monika Daker
Illinois Real Estate Partners Inc
| |
|
05/04/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$149,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Enrique Aguilar
REMAX Horizon
| |
|
07/19/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$175,000
2 Bed
1 Bath
1000 ft²
|
$170,000
-2.86%
10/01/2024
|
Leslie Hobbs
RE/MAX Professionals Select
| |
|
08/11/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$129,900
2 Bed
1 Bath
1000 ft²
|
$140,000
+7.78%
10/26/2023
|
Alam Chunawala
Coldwell Banker Realty
| |
|
08/11/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$169,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Monika Daker
Illinois Real Estate Partners Inc
| |
|
06/15/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$140,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Fahmida Ahmed
Keller Williams ONEChicago
| |
|
08/25/2019
|
2 Bed
|
1 Bath
|
-
|
$94,900
2 Bed
1 Bath
|
-
-
|
-
| |
|
05/03/2019
|
2 Bed
|
1 Bath
|
1000 ft²
|
$113,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Building Info
About Rolling Meadows
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Listed by: Monika Daker, Illinois Real Estate Partners Inc
Data Source: MRED, MLS# MRD12298404
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.
Data Source: MRED, MLS# MRD12298404
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