$95,000
●
Condo -
Off Market
2510 Algonquin Road #11
Rolling Meadows, IL 60008
2 Beds
1 Bath
800 Ft²
$111,615
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
CUTE 2ND LEVEL 2 BED 1 BATH CONDO. CONDO FEATURES LIVING ROOM AND
COMBINED KITCHEN/DINING AREA. HEAD UP TO THE SECOND LEVEL TO FIND 2
NICE SIZED BEDROOMS AND FULL BATH THAT WAS RECENTLY UPDATED. 2
ASSIGNED PARKING SPOTS INCLUDED. NEWER AC UNIT. LAUNDRY ONSITE. HOA
INCLUDES WATER HEAT AND COMMON INSURANCE. ENJOY THE PARK AND TENNIS
COURTS WITHIN WALKING DISTANCE. CLOSE TO SHOPPING AND RESTAURANTS.
PLEASE NOTE THERE IS NO FRIDGE BUT THE SELLER IS LOOKING TO
ORDER ONE. SOLD AS IS INVESTOR FRIENDLY HOWEVER THEY ARE AT
THEIR RENTAL MAX ALLOWED OF 10%. 90% OWNER OCCUPIED. BUYER SHOULD
CONFIRM THIS. BUYER COULD BE RESPONSIBLE FOR CLEAN-OUT. MOTIVATED
SELLER.
Unit Size
800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
Condo
Property Taxes
$164
HOA Dues
$329
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 #11195685)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2022 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by Charles Rutenberg Realty of IL | $106,000 | |
| Listed by Charles Rutenberg Realty of IL | |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 2
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
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: 08081060241231
Property Type: Residential
Year Built: 1973
No Disability Access
Special Conditions: None
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $1,971
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Baseboard
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: W ALGONQUIN RD TO BUILDING
County or Parish: Cook
Elementary School District: 15
Middle Or Junior School District: 15
High School District: 214
Other Details
Association Fee Includes: Insurance
Association Fee: $329
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 |
|---|---|---|---|---|---|---|---|
|
10/13/2023
|
2 Bed
|
1 Bath
|
-
|
$150,000
2 Bed
1 Bath
|
$150,000
02/27/2024
|
Maria Tamayo
Luna Real Estate Inc.
| |
|
09/23/2021
|
2 Bed
|
1 Bath
|
-
|
$109,900
2 Bed
1 Bath
|
-
-
|
Victor Pelayo
RE/MAX Central Inc.
| |
|
10/16/2021
|
2 Bed
|
1 Bath
|
-
|
$110,900
2 Bed
1 Bath
|
$108,500
-2.16%
12/13/2021
|
Monica Morales
Extreme Realty LLC
| |
|
08/20/2021
|
2 Bed
|
1 Bath
|
800 ft²
|
$106,000
2 Bed
1 Bath
800 ft²
|
$95,000
-10.38%
02/22/2022
|
Monika Vera
Charles Rutenberg Realty of IL
| |
|
10/30/2020
|
2 Bed
|
1 Bath
|
900 ft²
|
$97,000
2 Bed
1 Bath
900 ft²
|
-
-
|
-
|
Building Info
About Rolling Meadows
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Listed by: Monika Vera, Charles Rutenberg Realty of IL
Last Updated: 3 years ago
Data Source: MRED, MLS# 11195685
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# 11195685
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