For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Rolling Meadows 60008
2303 Oak Lane
$340,000
● House - Off Market

2303 Oak Lane

Rolling Meadows, IL 60008
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$339,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome to this well-maintained home with large private lot.  The open layout includes a combined living room/dining room with plenty of natural light.  The kitchen offers ample cabinet space, pantry and space for island or table.  The slider from the kitchen leads to the good-sized deck that overlooks the beautiful yard.  Three bedrooms and a full bath complete the upstairs.  The lower level includes a family room that is a great recreation space, 4th bedroom, office, bath, and generous laundry room with exterior access.  This home has a large two-car garage and two driveways for extra parking.  Wonderful location close to expressways, restaurants, and shopping!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1966

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11895090)

Price History

Date / Event Date Event Price
Nov 7, 2023 Sold
Premium
Sold
Sep 27, 2023 Listed by Keller Williams Success Realty $339,000
Listed by Keller Williams Success Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAVERLY PARK UNIT5
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (WAVERLY) (PARK) (UNIT5) SUB OF PT OF SEC 8 SEC 08-41-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805105

Geography

  • District: 16
  • Parcel: 08-08-127-012-0000
  • Lot: 120
  • Meridian: SEC 08 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0636
  • Longitude: -88.0096

    Address

  • Full Address: 2303 Oak Ln
  • Legal Unit: 5
  • Address - House Number: 2303
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C012
  • 4-Digit Zip Code: 3439
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $521,377
  • Tax Rate Code Area: 16053

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 315,263
  • High Value: 387,227
  • Low Value: 243,299

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $62,400
  • Market Improvement Value: $177,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $6,240
  • Assessed Improvements Value: $17,760

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Nov 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6305
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:

$354,750

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1396 ft²

Average Home Age

51 years

Currently For Sale

41 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 2030 Crestwood Lane, Palatine, IL, 60067

$3,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,606 ft²
2030 Crestwood Lane, Palatine, IL, 60067 Listing by Angela Lim

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bridgette Schneidwind, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11895090
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 2303 Oak Lane built and last sold?
The property at 2303 Oak Lane was built in 1966 and last sold on Nov 7, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 2303 Oak Lane is $0.
What are some comparable homes to 2303 Oak Lane?
There are currently no comparable homes to 2303 Oak Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Elk Grove Homes for Sale
Elk Grove Houses for Sale
Elk Grove Condos for Sale
Elk Grove Townhouses for Sale
Elk Grove Multifamily for Sale
Elk Grove Land for Sale
Elk Grove Commercial for Sale
Elk Grove Homes with Basements
Nearby Cities
Schaumburg Homes for Sale
Palatine Homes for Sale
Arlington Heights Homes for Sale
Des Plaines Homes for Sale
Park Ridge Homes for Sale
Mount Prospect Homes for Sale
Glenview Homes for Sale
Northbrook Homes for Sale
Nearby Property Records
DuPage County, IL Property Records
Kane County, IL Property Records
Cook County, IL Property Records
Lake County, IL Property Records
McHenry County, IL Property Records
Will County, IL Property Records
DeKalb County, IL Property Records
Kenosha County, WI Property Records
Neighborhoods
Norridge Real Estate
Belmont Heights Real Estate
Edison Park Real Estate
O'Hare Real Estate
Irving Woods Real Estate
Nearby Counties
Wheeling Homes for Sale
Maine Homes for Sale
Schaumburg Homes for Sale
Palatine Homes for Sale
Bloomingdale Homes for Sale
Northfield Homes for Sale
Leyden Homes for Sale
Addison Homes for Sale
Top Real Estate Agents
Top Agents in Elk Grove
Top Agents in Wheeling
Top Agents in Maine
Top Agents in Schaumburg
Top Agents in Palatine
Top Agents in Bloomingdale
Top Agents in Northfield
Top Agents in Schaumburg