$170,000
●
Condo -
Off Market
2300 Algonquin Road #5
Rolling Meadows, IL 60008
2 Beds
1 Bath
1,000 Ft²
$1,511
Est. Monthly
$432
HOA / Fees
12.36%
Cap Rate
About This Property
This is a beautifully updated 2 story condo with a beautiful
kitchen with granite counters, solid wood soft close cabinets,
4-year-old stainless steel appliances beautiful backsplash. newer
flooring throughout. balcony from your kitchen is a great place to
enjoy your morning coffee. lovely community with park basketball
courts and walking trails. Great schools and close to major
highways.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
Condo
Property Taxes
$269
HOA Dues
$432
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.
Last updated: 3 years ago (MRED MLS #12116301)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Jul 28, 2024 | Price Decreased |
$165,000
↓ $10K
(5.7%) | |
| Price Decreased | |||
| Jul 19, 2024 | Listed by RE/MAX Professionals Select | $175,000 | |
| Listed by RE/MAX Professionals Select | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Total Number of Parking: 1
Parking Features: Assigned, Visitor Parking
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rehab Year: 2020
Rebuilt(Y/N): No
Parcel Number: 08081060241005
Property Type: Residential
Year Built: 1977
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Features: Common Grounds
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $3,223
Utilities Details
Cooling: Central Air
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: Route 53 East to Algonquin Rd and 1st Coach Light sign to Entrance.
County or Parish: Cook
Elementary School District: 15
Elementary School: Willow Bend Elementary School
Middle Or Junior School District: 15
Middle Or Junior School: Carl Sandburg Middle School
High School District: 214
High School: Rolling Meadows High School
Other Details
Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $432
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
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: Leslie Hobbs, RE/MAX Professionals Select
Last Updated: 3 years ago
Data Source: MRED, MLS# 12116301
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12116301
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