$140,000
●
Condo -
Off Market
2506 Algonquin Road #17
Rolling Meadows, IL 60008
2 Beds
1 Bath
800 Ft²
$144,188
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Two story end unit condo with large balcony, two spacious bedrooms
and bath. Laminate floors in the living room, dining room and
bedrooms. Two new window units. Move in ready. Coin operated
laundry in basement along with 1 storage cage. HOA includes
heating, gas, water, exterior maintenance, garbage pick up, snow
removal, common insurance, and assigned parking, this unit is more
affordable than rent for the area.** Great location ** Close to
290, 90, 53 & Woodfield Mall**
Unit Size
800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$181
Property Type
Condo
Property Taxes
$162
HOA Dues
$355
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 #11825433)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by United Real Estate - Chicago | $145,000 | |
| Listed by United Real Estate - Chicago | |||
| Mar 14, 2008 | Sold | ||
| Sold | |||
| Aug 30, 2007 | Listed by RE/MAX Properties Northwest | $116,800 | |
| Listed by RE/MAX Properties Northwest | |||
| | |||
|
GREAT VALUE FOR NICELY LOCATED COMPLETELY REMODELED 2-STORY END UNIT. NEWER WINDOWS, DOORS, FLOORS. KITCHEN W/NEW CABINETS AND MARBLE FLOOR. NEW A/C UNITS. EXTRA STORAGE ROOM. FRESHLY PAINTED. PLEASURE TO SHOW. ADDITIONAL PARKING AVAILABLE. MOTIVATED SELLER.
| |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 2
Parking Features: Assigned, Unassigned
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wood Laminate Floors
Appliances: Range, Microwave, Refrigerator
Rooms: 5
Basement: None
Basement Description: Crawl
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 51-60 Years
Rebuilt(Y/N): No
Parcel Number: 08081060241201
Property Type: Residential
Year Built: 1964
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2021
Tax Annual Amount: $1,944
Tax Exemptions: Homeowner
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Baseboard
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: ALGONQUIN EAST OF 53 TO COACHLIGHT CONDOS First entrance third building.
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, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $355
Association Fee Freq: Monthly
Holds Earnest Money: No
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 |
|---|---|---|---|---|---|---|---|
|
05/08/2026
|
2 Bed
|
1 Bath
|
900 ft²
|
$175,000
2 Bed
1 Bath
900 ft²
|
-
-
|
Joseph Myalil
RE/MAX Suburban
| |
|
09/03/2026
| |
2 Bed
|
1 Bath
|
900 ft²
|
$175,000
2 Bed
1 Bath
900 ft²
|
-
-
|
Joseph Myalil
RE/MAX Suburban
|
|
08/28/2025
|
2 Bed
|
1 Bath
|
-
|
$144,900
2 Bed
1 Bath
|
$149,900
+3.45%
10/15/2025
|
Silvia Palacios Eyzaguirre
Northwest Real Estate Group
| |
|
07/07/2023
|
2 Bed
|
1 Bath
|
800 ft²
|
$145,000
2 Bed
1 Bath
800 ft²
|
$140,000
-3.45%
08/29/2023
|
Rosa Bueno
United Real Estate - Chicago
| |
|
02/15/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$135,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Joseph Myalil
RE/MAX Suburban
| |
|
09/17/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$105,000
2 Bed
1 Bath
1000 ft²
|
$105,000
12/07/2021
|
Elvia Torres
YUB Realty Inc
| |
|
03/23/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$119,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
| |
|
08/09/2018
|
2 Bed
|
1 Bath
|
1000 ft²
|
-
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
| |
|
04/27/2017
|
2 Bed
|
1 Bath
|
900 ft²
|
$84,900
2 Bed
1 Bath
900 ft²
|
$82,000
-3.42%
07/21/2017
|
Anthony Laleye
Keller Williams Preferred Realty
| |
|
08/30/2007
|
2 Bed
|
1 Bath
|
-
|
$116,800
2 Bed
1 Bath
|
$116,800
03/14/2008
|
Eric Lipiec
RE/MAX Properties Northwest
|
Building Info
2506 Algonquin Road
2506 Algonquin Road, Rolling Meadows, IL 60008
- 1 Unit for Sale
About Rolling Meadows
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,650 /mo
- 1 Bed
- 1 Bath
- 800 ft²
$1,675 /mo
- 1 Bed
- 1 Bath
Listed by: Rosa Bueno, United Real Estate - Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11825433
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# 11825433
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