$165,000
●
Condo -
Off Market
2404 Algonquin Road #1
Rolling Meadows, IL 60008
2 Beds
1 Bath
1,050 Ft²
$1,406
Est. Monthly
$433
HOA / Fees
13.78%
Cap Rate
About This Property
Welcome to your new home in the heart of Rolling Meadows! This
beautiful first-floor apartment features 2 spacious bedrooms with
brand-new floors, a modern bathroom, and a lovely deck perfect for
relaxing or entertaining. Located in a vibrant community, you'll
enjoy the convenience of being close to Woodfield Mall and access
to major highways. This apartment offers delightful mix of
suburban comfort and urban accessibility.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
-
Price per sqft
$157
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 #12123717)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 29, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 1, 2024 | Price Decreased |
$160,000
↓ $5K
(3%) | |
| Price Decreased | |||
| Oct 22, 2024 | Relisted | $165,000 | |
| Relisted | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by eXp Realty, LLC | $165,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
Welcome to your new home at Coach Light in the heart of Rolling Meadows! This beautiful accessible first-floor apartment features 2 spacious bedrooms with brand-new wood laminate floors, a modern bathroom, and a lovely deck perfect for relaxing or entertaining. Located in a vibrant community, you'll enjoy the convenience of being close to Woodfield Mall and access to major highways. This apartment offers delightful mix of suburban comfort and urban accessibility.
| |||
Show More
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Microwave, Dishwasher, 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: 08081060241121
Property Type: Residential
Year Built: 1975
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2023
Tax Annual Amount: $1,952
Tax Exemptions: Homeowner
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Natural Gas, Baseboard
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: Golf Rd to Algonquin East of 53 to Coach Light complex.
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, Snow Removal
Association Fee: $433
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 |
|---|---|---|---|---|---|---|---|
|
08/07/2024
|
2 Bed
|
1 Bath
|
1050 ft²
|
$165,000
2 Bed
1 Bath
1050 ft²
|
-
-
|
Humberto Manzo Bustos
Coldwell Banker Realty
| |
|
06/26/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$139,900
2 Bed
1 Bath
1000 ft²
|
$125,000
-10.65%
06/29/2023
|
Christina Bertsche
RCI Real Estate Group
| |
|
01/27/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$120,000
2 Bed
1 Bath
1000 ft²
|
$123,500
+2.92%
02/24/2023
|
Karen McCabe
Coldwell Banker Realty
| |
|
04/21/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$115,000
2 Bed
1 Bath
1000 ft²
|
$121,000
+5.22%
05/23/2022
|
Elvia Torres
YUB Realty Inc
| |
|
07/23/2021
|
2 Bed
|
1 Bath
|
-
|
$119,000
2 Bed
1 Bath
|
$116,000
-2.52%
12/20/2021
|
Nicole Galvan Medina
Coldwell Banker Realty
| |
|
11/14/2018
|
2 Bed
|
1 Bath
|
800 ft²
|
$99,000
2 Bed
1 Bath
800 ft²
|
$98,000
-1.01%
06/24/2019
|
Veronica Rodriguez
| |
|
05/17/2007
|
2 Bed
|
1 Bath
|
-
|
$124,900
2 Bed
1 Bath
|
$124,900
07/27/2007
|
Clemencia Molano
Coldwell Banker Residential Brokerage
|
Building Info
2404 Algonquin Road
2404 Algonquin Road, Rolling Meadows, IL 60008
- 1 Unit for Sale
About Rolling Meadows
Similar Homes for Sale
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$1,300 /mo
- Studio
- 1 Bath
- 350 ft²
$2,900 /mo
- 3 Beds
- 1 Bath
- 1,029 ft²
Listed by: Humberto Manzo Bustos, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12123717
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# 12123717
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