$140,000
●
Condo -
Off Market
2300 Algonquin Road #6
Rolling Meadows, IL 60008
2 Beds
1 Bath
1,000 Ft²
$129,417
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Beautiful 2-story condo with two spacious bedrooms. Open living
room on main floor with combo-dining area, updated kitchen, newer
flooring, and tons of natural light. Duplex up to 2 bedrooms and 1
bath with clean carpets. Large balcony and outdoor space. Coin
operated laundry in basement and parking! Located in beautiful
Coachlight subdivision close to expressways and Woodfield mall.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$130
Property Type
Condo
Property Taxes
$177
HOA Dues
$376
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 #11857589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| Aug 11, 2023 | Listed by Coldwell Banker Realty | $129,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 2
Parking Features: Unassigned
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wood Laminate Floors
Appliances: Range, Refrigerator, Disposal
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rehab Year: 2018
Rebuilt(Y/N): No
Parcel Number: 08081060241006
Property Type: Residential
Year Built: 1975
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2021
Tax Annual Amount: $2,129
Tax Exemptions: Homeowner
Utilities Details
Cooling: Window/Wall Unit - 1
Heating: Natural Gas, Steam, Baseboard
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: From RT 53 S, exit Algonquin Rd E. 1.5mi E. Destination on N side of road. E 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 Junior High 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: $376
Association Fee Freq: Monthly
Holds Earnest Money: No
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: Alam Chunawala, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11857589
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# 11857589
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