$107,000
●
Condo -
Off Market
2510 Algonquin Road #3
Rolling Meadows, IL 60008
2 Beds
1 Bath
$113,171
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Second floor end unit model, the unit is extra large since its a
end unit. Nothing to do but to move in and enjoy this beautiful
unit with balcony view for your relaxing evenings. Newer kitchen
cabinets and appliances, remodeled bath in 2018, newer electricity,
newer fans and lighting fixtures. Why to pay rent when you can own
this unit for less than a monthly rent payment. Pets allowed. Show
and sell. Bring your FHA buyers, property is FHA approved!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$164
HOA Dues
$311
Year Built
-
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
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Operating Profit Per Year
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 #11287457)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Dec 15, 2021 | Listed by RE/MAX Central Inc. | $109,900 | |
| Listed by RE/MAX Central Inc. | |||
| Oct 4, 2021 | No longer available | - | |
| No longer available | |||
| Sep 23, 2021 | Listed by RE/MAX Central Inc. | $109,900 | |
| Listed by RE/MAX Central Inc. | |||
| | |||
|
Second floor end unit model, the unit is extra large since its a end unit. Nothing to do but to move in and enjoy this beautiful unit with balcony view for your relaxing evenings. Newer kitchen cabinets and appliances, remodeled bath in 2018, newer electricity, newer fans and lighting fixtures. Why to pay rent when you can own this unit for less than a monthly rent payment. Pets allowed. Show and sell.
| |||
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned, Visitor Parking
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Storage
Appliances: Range, Refrigerator
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Cedar
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 08081060241223
Property Type: Residential
Year Built: 1974
No Disability Access
Special Conditions: None
Exterior Features: Balcony, End Unit
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $1,971
Tax Exemptions: Homeowner
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: Algonquin Rd east of Rt 53 to Coach Light entrance. Bldg on NW side of complex; unit on 2nd floor.
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: $311
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 |
|---|---|---|---|---|---|---|---|
|
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
Similar Homes for Sale
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Listed by: Victor Pelayo, RE/MAX Central Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11287457
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# 11287457
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