$127,500
●
Condo -
Off Market
2508 Algonquin Road #15
Rolling Meadows, IL 60008
2 Beds
1 Bath
950 Ft²
$149,210
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Come home to this beautifully rehabbed move-in ready two-story 2nd
floor condo. Gorgeous new luxury vinyl flooring, bright kitchen
with breakfast bar and all new appliances, cabinets and
countertops, completely updated bathroom with ceramic wall tile,
all new lighting fixtures, fresh new paint. Great size bedrooms
with spacious closets Additional storage area in the basement
provide plenty of storage. Get some fresh air and relax on the
outdoor balcony accessed right from unit. Assigned parking space
#447 conveniently located just steps from unit. Options for guests
or a 2nd car along the fence line. Great location with and easy
access to Expressways 53/355, 90/I-290. Minutes from
Shopping, Restaurants and Woodfield Mall area. Realtor owned. Don't
miss this opportunity to own today!
Unit Size
950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
Condo
Property Taxes
$137
HOA Dues
$325
Year Built
-
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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 #11379579)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by Habloft LLC | $147,500 | |
| Listed by Habloft LLC | |||
| Feb 11, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Listed by Homesmart Connect LLC | $89,000 | |
| Listed by Homesmart Connect LLC | |||
| | |||
|
Stop paying rent and own this 2 story, 2 bedroom townhome today! Property may need a little updating prior to calling it your home; such as painting walls and or updating the floors. All are in good shape however a bit worn. When able, the kitchen could use some newer cabinets and countertop, all functional for today. All appliances are still great and everything works. The stairs where left bare, the carpet is in the home with the padding, it just needs to be installed. The bedrooms found upstairs are of great size and the bathroom has ample room. Several closets within the home along with a storage area in the basement provide plenty of options for all your belongings or toys. Building has new technology washer/dryer machines with convenient payment options. Assignment of 1 parking space, #447. Options for guests or a 2nd car along the fence line. Great location for access to 53/355, 90/I-290 along with Woodfield Mall, several restaurants and stores. Start your homeownership journey on Algonquin Rd.
| |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wood Laminate Floors, Storage, Some Carpeting, Granite Counters
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Aluminum Siding, Brick
Age: 41-50 Years
Rehab Year: 2022
Rebuilt(Y/N): No
Parcel Number: 08081060241217
Property Type: Residential
Year Built: 1973
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Deck, Storms/Screens
Lot Features: Common Grounds, Partial Fencing, Sidewalks, Streetlights, Wood Fence
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $1,644
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: Rt 53 East to Algonquin Road, 1st Coach Light entrance on your left. Go all the way back, pass 2 stop signs. Park along back fence line in between the Guest Parking signs. Middle building 2508 Door 13-18.
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: $325
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 |
|---|---|---|---|---|---|---|---|
|
03/05/2026
|
2 Bed
|
1 Bath
|
800 ft²
|
$147,000
2 Bed
1 Bath
800 ft²
|
$145,000
-1.36%
06/19/2026
|
Romeo Lopez
CENTURY 21 New Heritage West
| |
|
08/14/2025
|
2 Bed
|
1 Bath
|
800 ft²
|
$159,000
2 Bed
1 Bath
800 ft²
|
-
-
|
Romeo Lopez
CENTURY 21 New Heritage West
| |
|
05/23/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$160,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
BeBe Alammar
Baird & Warner
| |
|
02/13/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$140,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Stewart Ramirez
E- Signature Realty
| |
|
02/11/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$149,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Esmeralda Campos
Homesmart Connect LLC
| |
|
05/02/2022
|
2 Bed
|
1 Bath
|
750 ft²
|
$84,900
2 Bed
1 Bath
750 ft²
|
$79,900
-5.89%
08/17/2022
|
Joseph Mueller
Tanis Group Realty
| |
|
12/28/2021
|
2 Bed
|
1 Bath
|
950 ft²
|
$89,000
2 Bed
1 Bath
950 ft²
|
$80,000
-10.11%
02/11/2022
|
Tammy Washer
Homesmart Connect LLC
| |
|
02/05/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$118,900
2 Bed
1 Bath
1000 ft²
|
$115,000
-3.28%
03/21/2022
|
Joseph Henke
@properties Christie's International Real Estate
| |
|
10/15/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$104,900
2 Bed
1 Bath
1000 ft²
|
$106,000
+1.05%
12/10/2021
|
Leslie Aguilar
RE/MAX Horizon
| |
|
03/27/2021
|
2 Bed
|
1 Bath
|
-
|
$94,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
06/03/2021
|
2 Bed
|
1 Bath
|
750 ft²
|
$75,000
2 Bed
1 Bath
750 ft²
|
-
-
|
Derrick Jackson
Homesmart Connect LLC
| |
|
03/07/2008
|
2 Bed
|
1 Bath
|
990 ft²
|
$124,900
2 Bed
1 Bath
990 ft²
|
$120,000
-3.92%
04/11/2008
|
Esther Zamudio, GRI,SRES
Zamudio Realty Group
| |
|
08/16/2007
|
2 Bed
|
1 Bath
|
-
|
$68,100
2 Bed
1 Bath
|
$60,000
-11.89%
03/11/2008
|
John Monino
Re/Max Premier
|
Building Info
2508 Algonquin Road
2508 Algonquin Road, Rolling Meadows, IL 60008
- 1 Unit for Sale
About Rolling Meadows
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,200 /mo
- Studio
- 1 Bath
- 350 ft²
$1,650 /mo
- 1 Bed
- 1 Bath
- 800 ft²
Listed by: Mark Lojo, Habloft LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11379579
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# 11379579
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