$125,000
●
Condo -
Off Market
2502 Algonquin Road #12
Rolling Meadows, IL 60008
2 Beds
2 Baths,
1
Half Bath
1,000 Ft²
$146,255
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
WOW -- there are only a couple homes in Coach Light with 1 FULL
BATHROOM PLUS 1 HALF BATHROOM and this is one of them!!
Professionally Rehabbed and Updated 2-STORY, 2-Bedroom Condo.
Newer Kitchen with White Shaker Cabinetry and Newer Stainless Steel
Appliances including a Built-In Microwave. Large Sunny Living Room
and Dining Area. Seller INCLUDES the White Wall Storage Unit
in the Sale and it is So Convenient. Newer Remodeled Bathrooms with
Ceramic Tile, Vanities, Fixtures, Mirrors, etc. Newer Arch-Style
Doors, Door Handles, White Woodwork and Window Blinds. Newer Wood
Laminate Flooring on First Floor and Newer Premium Wall-to-Wall
Carpeting on Second Floor in Bedrooms. If that's not enough, this
Condo has 3 Newer Air Conditioners (most have only 2). Owner has 2
Parking Spaces - 1 is Assigned and 1 Unassigned. And if
that's not enough for you -- BOTH HEAT & WATER ARE INCLUDED!! Short
Walk to Rolling Meadows High School. Plus Ideal Location to
Shopping, Woodfield Mall, Restaurants, Expressways 90, 290 & 53. It
doesn't get any Better than This Coach Light Condo!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
Condo
Property Taxes
$149
HOA Dues
$316
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 #11085321)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2021 | Sold | ||
| Sold | |||
| May 11, 2021 | Listed by Worth Clark Realty | $125,000 | |
| Listed by Worth Clark Realty | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 2
Parking Features: Assigned, Unassigned, Visitor Parking
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wood Laminate Floors
Appliances: Range, Microwave, Refrigerator
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rehab Year: 2016
Rebuilt(Y/N): No
Parcel Number: 08081060241160
Property Type: Residential
Year Built: 1975
No Disability Access
Special Conditions: None
Exterior Features: Balcony, Cable Access
Lot Features: Common Grounds
Lot Size Dimensions: COMMON
Water Source: Lake Michigan, Public
Financial Details
Tax Year: 2019
Tax Annual Amount: $1,786
Tax Exemptions: Homeowner
Utilities Details
Cooling: Window/Wall Units - 3+
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: Route 53 to Algonquin Road East to Coach Light Subdivision on Left
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 Junior High 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: $316
Association Fee Freq: Monthly
Holds Earnest Money: No
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 |
|---|---|---|---|---|---|---|---|
|
08/15/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$154,900
2 Bed
1 Bath
1000 ft²
|
$160,000
+3.29%
11/19/2025
|
Silvia Palacios Eyzaguirre
Northwest Real Estate Group
| |
|
08/13/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$174,997
2 Bed
2 Bath
1000 ft²
|
-
-
|
Alexander Landowski
Real People Realty Inc
| |
|
08/10/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$145,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Enrique Aguilar
REMAX Horizon
| |
|
07/03/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$140,000
2 Bed
2 Bath
1100 ft²
|
$140,000
04/28/2023
|
Toyya Pruitt
Century 21 Affiliated
| |
|
06/18/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$134,900
2 Bed
2 Bath
1000 ft²
|
$134,000
-0.67%
08/10/2022
|
Rafael Mezo
Diamond Homes Realty
| |
|
05/11/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$125,000
2 Bed
2 Bath
1000 ft²
|
$125,000
06/29/2021
|
Michelle Trebat
Worth Clark Realty
| |
|
04/15/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$119,900
2 Bed
1 Bath
1000 ft²
|
$120,000
+0.08%
10/29/2021
|
Benjamin Escalante
Chase Real Estate LLC
| |
|
10/06/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$90,000
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
08/31/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
About Rolling Meadows
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,350 /mo
- 1 Bed
- 1 Bath
- 804 ft²
$2,200 /mo
- 1 Bed
- 1 Bath
- 800 ft²
Listed by: Michelle Trebat, Worth Clark Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11085321
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# 11085321
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