$138,000
●
Condo -
Off Market
2400 Algonquin Road #4
Rolling Meadows, IL 60008
2 Beds
1 Bath
900 Ft²
$1,284
Est. Monthly
$433
HOA / Fees
14.22%
Cap Rate
About This Property
CHARMING READY TO MOVE IN 1ST FLOOR - 2 BED, 1 BATH UNIT ** OPEN
FLOOR PLAN ** HARDWOOD FLOORS THROUGHOUT ** CROWN MOULDING
THROUGHOUT UNIT ** NEWER FLOORING AND BRICK WALL 2023 ** UPDATED
BATHROOM ** PLENTY OF CABINET SPACE IN KITCHEN ** ALL APPLIANCES
STAYING 2022** WALL A/C IN BEDROOM ** PORCH ** LAUNDRY ROOM IN
BUILDING ** 1 ASSIGNED PARKING SPACE - 1 ADDITIONAL SPACE WITH
STICKER MAY BE OBTAINED BY REQUEST ** GREAT LOCATION ** CLOSE TO
90, 290, 53 & WOODFIELD MALL** EASY TO SHOW!! NO RENTALS
ALLOWED
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
Condo
Property Taxes
$163
HOA Dues
$433
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 #12097102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 17, 2024 | Listed by RE/MAX Horizon | $139,999 | |
| Listed by RE/MAX Horizon | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned, Visitor Parking
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Hardwood Floors
Appliances: Range, Refrigerator
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Frame
Age: 51-60 Years
Rebuilt(Y/N): No
Parcel Number: 08081060241088
Property Type: Residential
Year Built: 1973
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Patio, Storms/Screens
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,952
Tax Exemptions: Homeowner
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Steam, Baseboard
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: Algonquin east of 53 to complex as soon as you enter building is your left side.
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 Middle School
High School District: 214
High School: Rolling Meadows High School
Other Details
Association Fee Includes: Heat, Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger
Association Fee: $433
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 |
|---|---|---|---|---|---|---|---|
|
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: Enrique Aguilar, RE/MAX Horizon
Last Updated: 3 years ago
Data Source: MRED, MLS# 12097102
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# 12097102
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