$148,000
●
Condo -
Off Market
2400 Algonquin Road #18
Rolling Meadows, IL 60008
2 Beds
1 Bath
999 Ft²
$1,388
Est. Monthly
$408
HOA / Fees
13.29%
Cap Rate
About This Property
Come quickly to see this updated and unique 2 story condo! Kitchen
has been remodeled with granite counter tops. Newer flooring in
living/dining room with 6 panel doors throughout. Updated
bath/shower with trendy subway tile. Newer windows and newer A/C
units. Large closets and huge balcony! Close to shopping and
expressways. Assigned parking and extra storage. Don't miss this
one!
Unit Size
999 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
Condo
Property Taxes
$253
HOA Dues
$408
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 #12010283)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by Keller Williams Experience | $148,000 | |
| Listed by Keller Williams Experience | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wood Laminate Floors, Storage
Appliances: Range, Refrigerator
Rooms: 5
Basement: Full
Basement Description: Unfinished
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: Unknown
Rebuilt(Y/N): No
Parcel Number: 08081060241102
Property Type: Residential
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $3,039
Tax Exemptions: None
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Steam, Baseboard
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: Algonquin Rd E of 53 to Coachlight
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, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $408
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 |
|---|---|---|---|---|---|---|---|
|
08/17/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$139,999
2 Bed
1 Bath
900 ft²
|
$138,000
-1.43%
09/17/2024
|
Enrique Aguilar
REMAX Horizon
| |
|
03/21/2024
|
2 Bed
|
1 Bath
|
999 ft²
|
$148,000
2 Bed
1 Bath
999 ft²
|
$148,000
06/05/2024
|
Joshua Jasien
Coldwell Banker Realty
| |
|
09/21/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$129,800
2 Bed
1 Bath
1000 ft²
|
$129,500
-0.23%
12/06/2022
|
Jacqueline Reed
Keller Williams Success Realty
| |
|
11/17/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$119,000
2 Bed
1 Bath
1000 ft²
|
$117,000
-1.68%
04/19/2022
|
Jeanne Lee
Keller Williams Success Realty
| |
|
05/11/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$124,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Scott Carter
Keller Williams Success Realty
| |
|
11/02/2020
|
2 Bed
|
1 Bath
|
900 ft²
|
$99,000
2 Bed
1 Bath
900 ft²
|
$98,000
-1.01%
12/31/2020
|
Ivonne Payes
Re/Max American Dream
| |
|
07/24/2020
|
2 Bed
|
1 Bath
|
-
|
$78,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
11/06/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$79,900
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
08/17/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$102,900
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
01/23/2019
|
2 Bed
|
1 Bath
|
-
|
$112,900
2 Bed
1 Bath
|
-
-
|
-
| |
|
03/03/2017
|
2 Bed
|
1 Bath
|
-
|
$78,000
2 Bed
1 Bath
|
$78,000
06/19/2017
|
Cathy Kelley
Happy Living Realty
|
Building Info
About Rolling Meadows
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Listed by: Joshua Jasien, Keller Williams Experience
Last Updated: 3 years ago
Data Source: MRED, MLS# 12010283
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# 12010283
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