$90,000
●
Condo -
Off Market
2304 ALGONQUIN Road #4
Rolling Meadows, IL 60008
2 Beds
1 Bath
720 Ft²
$105,425
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Come take a look at this spacious, clean & bright 2 bedroom 1 bath
unit near Route 53 and I-90, close to Woodfield mall, updated
bathroom, storage room in basement, newer hot water heater.
association dues includes heat and water, common insurance.
NO RENTALS ALLOWED IN THIS ASSOCIATION OF CONDOMINIUMS.
Convenient location, easy access to shopping, schools &
transportation. LAUNDRY AND STORAGE IN THE BLDG.
Unit Size
720 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
Condo
Property Taxes
$263
HOA Dues
$342
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: 2 years ago (MRED MLS #11642779)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2022 | Sold | ||
| Sold | |||
| Sep 28, 2022 | Listed by HomeSmart Connect LLC | $99,900 | |
| Listed by HomeSmart Connect LLC | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned, Parking Lot
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wood Laminate Floors, Storage, Dining Combo
Appliances: Range, Refrigerator
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 08081060241028
Property Type: Residential
Year Built: 1977
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $3,150
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: Algonquin East of 53 To COACH LIGHT Entrance
County or Parish: Cook
Elementary School District: 15
Middle Or Junior School District: 15
High School District: 214
Other Details
Association Fee Includes: Heat, Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal
Association Fee: $342
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 |
|---|---|---|---|---|---|---|---|
|
04/25/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$149,900
2 Bed
1 Bath
1000 ft²
|
$153,650
+2.50%
07/24/2025
|
Enrique Aguilar, ABR,SFR
RE/MAX Horizon
| |
|
01/26/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$137,500
2 Bed
1 Bath
1000 ft²
|
$135,000
-1.82%
03/17/2023
|
Michael Spejcher
RE/MAX Central Inc.
| |
|
09/28/2022
|
2 Bed
|
1 Bath
|
720 ft²
|
$99,900
2 Bed
1 Bath
720 ft²
|
$90,000
-9.91%
11/10/2022
|
Alicia Aviles
Homesmart Connect LLC
| |
|
04/12/2019
|
2 Bed
|
1 Bath
|
950 ft²
|
$117,500
2 Bed
1 Bath
950 ft²
|
-
-
|
-
| |
|
09/26/2018
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
| |
|
06/14/2018
|
2 Bed
|
1 Bath
|
950 ft²
|
-
2 Bed
1 Bath
950 ft²
|
-
-
|
-
| |
|
10/07/2006
|
2 Bed
|
1 Bath
|
-
|
$116,000
2 Bed
1 Bath
|
$115,600
-0.34%
04/03/2007
|
Jose Vasquez
Midwest Realty Services Group, Inc.
|
Building Info
About Rolling Meadows
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Listed by: Alicia Aviles, HomeSmart Connect LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 11642779
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: 2 years ago
Data Source: MRED, MLS# 11642779
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