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Rolling Meadows 60008
2404 Flicker Lane
$298,000
● House - Off Market

2404 Flicker Lane

Rolling Meadows, IL 60008
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,437 Ft²
$1,861
Est. Monthly
7.80%
Cap Rate

About This Property

Come be surprised as to how much space this home has to offer. Ranch style 2 bedroom 2 bath home. Wood laminate flooring in living room, kitchen and front bedroom. Large master bedroom with 2 closets. Remodeled front bathroom. Fully applianced kitchen with a walk in pantry. Separate washer and dryer area. Family room with vaulted ceiling and sliding glass doors that lead to patio.  Wonderful backyard with firepit and horseshoe pits.  2.5 detached garage. Furnace and central air approximately 4 years old. Newer sump pump in 2nd crawlspace. Estate sale-Home sold AS IS/ Exclude Freezer in garage
Unit Size
1,437 Ft²
Days on Market
-
Land Size
-
Price per sqft
$209
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1956

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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 #11944230)

Price History

Date / Event Date Event Price
Jan 30, 2024 Sold
Premium
Sold
Dec 8, 2023 Listed by Coldwell Banker Realty $299,990
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,212
  • Total Building Area: 1,437
  • Gross Building Area: 1,437
  • Building Area: 1,437
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,437
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT6
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (ROLLING)(MEADOWS)(UNIT6) SUB IN EH EH SE SEC 26 & IN SH SEC 25-42-10

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803902

Geography

  • District: 29
  • Parcel: 02-26-417-019-0000
  • Lot: 1131
  • Meridian: SEC 25 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0849
  • Longitude: -88.0248

    Address

  • Full Address: 2404 Flicker Ln
  • Legal Unit: 6
  • Address - House Number: 2404
  • Address - Street Name: Flicker
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C020
  • 4-Digit Zip Code: 1321
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $442,981
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 293,602
  • High Value: 323,288
  • Low Value: 263,917

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $61,670
  • Market Improvement Value: $198,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $6,167
  • Assessed Improvements Value: $19,833

    Sales

  • Current Sale Contract Date: Jan 30, 2024
  • Current Sale Recording Date: Feb 01, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 13024
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rolling Meadows

Stats & Trends

Median Asking:

$354,750

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1396 ft²

Average Home Age

51 years

Currently For Sale

41 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5000 Carriageway Drive, Rolling Meadows, IL, 60008

$2,200 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
5000 Carriageway Drive #303, Rolling Meadows, IL, 60008 Listing by Michiko Suzuki

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Laura Majikes, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11944230
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.

Frequently Asked Questions

When was property at 2404 Flicker Lane built and last sold?
The property at 2404 Flicker Lane was built in 1956 and last sold on Jan 30, 2024 for $298,000.
How much is this home worth?
The estimated value of the home located at 2404 Flicker Lane is $0.
What are some comparable homes to 2404 Flicker Lane?
There are currently no comparable homes to 2404 Flicker Lane.
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