$113,000
●
Condo -
Off Market
2306 Algonquin Road #12
Rolling Meadows, IL 60008
2 Beds
1 Bath
1,000 Ft²
$121,740
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Come and see this freshly painted, highly sought-after,
second-floor end unit. With views of the park/playground! Come and
add your personal touches and make it yours! Easy access to
all major expressways, shopping nearby, and dining! This unit is a
must-see!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$115
Property Type
Condo
Property Taxes
$113
HOA Dues
$342
Year Built
-
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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 #11668127)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 25, 2023 | Sold | ||
| Sold | |||
| Nov 5, 2022 | Listed by eXp Realty LLC | $115,000 | |
| Listed by eXp Realty LLC | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 2
Parking Features: Assigned, Visitor Parking
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
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: 08081060241048
Property Type: Residential
Year Built: 1973
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $1,354
Tax Exemptions: Senior Freeze
Utilities Details
Cooling: Window/Wall Units - 3+
Heating: Baseboard
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: Algonquin Rd/Rt. 62 E of Rt. 53 or W of New Wilke Rd to East Entrance on North Side. Enter Building on the East (Right Side) from the Parking Lot if Off of East Entrance. Building all the way at the end of the parking lot. Across from the park
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, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $342
Association Fee Freq: Monthly
Holds Earnest Money: Yes
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 |
|---|---|---|---|---|---|---|---|
|
11/05/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$115,000
2 Bed
1 Bath
1000 ft²
|
$113,000
-1.74%
01/25/2023
|
Stephanie Mederos
Realty of America
| |
|
10/28/2021
|
2 Bed
|
1 Bath
|
800 ft²
|
$100,000
2 Bed
1 Bath
800 ft²
|
$100,000
02/08/2022
|
Diana Matichyn
Coldwell Banker Realty
| |
|
08/04/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$95,900
2 Bed
1 Bath
1000 ft²
|
$95,000
-0.94%
12/24/2021
|
Benjamin Escalante
Chase Real Estate LLC
|
Building Info
About Rolling Meadows
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Listed by: Stephanie Mederos, eXp Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11668127
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# 11668127
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