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Rolling Meadows 60008
2901 South Court
$279,900
● House - Off Market

2901 South Court

Rolling Meadows, IL 60008
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,007 Ft²
$278,154
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Will be ready for showings on Friday Sept 23rd in the afternoon.  Get a jump on this residence, great starter home.  Almost 1/3 of an acre on a corner lot with cul de sac location.  Enjoy the privacy with lots of room, for gardens, kids or pets.  Inside bright and clean, bumped out updated, eat in kitchen with laundry closet, living room with wood flooring, two bedrooms with carpet, updated bath.  Recently painted.  BONUS family room between kitchen and two car attached garage.  GREAT PLACE FOR A GREAT PRICE.
Unit Size
1,007 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$278
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1955

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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 #11887500)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Sep 18, 2023 Listed by LTV Real Estate Services, LTD $279,900
Listed by LTV Real Estate Services, LTD

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Total Building Area: 861
  • Gross Building Area: 861
  • Building Area: 861
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 861
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT5 SUB OF PT OF N
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803902

Geography

  • District: 29
  • Parcel: 02-36-209-004-0000
  • Lot: 80
  • Meridian: SEC 20 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0791
  • Longitude: -88.0091

    Address

  • Full Address: 2901 South Ct
  • Address - House Number: 2901
  • Address - Street Name: South
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C027
  • 4-Digit Zip Code: 1756
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $574,683
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 281,395
  • High Value: 340,854
  • Low Value: 221,936

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $74,250
  • Market Improvement Value: $155,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $7,425
  • Assessed Improvements Value: $15,575

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15001
  • Previous Sale Recording Date: Jun 02, 2015
  • Previous Sale Contract Date: May 20, 2015
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rolling Meadows

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1471 ft²

Average Home Age

54.9 years

Currently For Sale

45 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3603 Kirchoff Road, Rolling Meadows, IL, 60008

$2,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,055 ft²
3603 Kirchoff Road, Rolling Meadows, IL, 60008 Listing by Dan Lenhardt
Unit for rent at 1 N Chestnut Avenue, Arlington Heights, IL, 60005

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
1 N Chestnut Avenue #2E, Arlington Heights, IL, 60005 Listing by Victor Pekic
Unit for rent at 5201 Carriageway Drive, Rolling Meadows, IL, 60008

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
5201 Carriageway Drive #C210, Rolling Meadows, IL, 60008 Listing by Peter Dubiel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mary Schmidt, LTV Real Estate Services, LTD
Last Updated: 3 years ago
Data Source: MRED, MLS# 11887500
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.

Frequently Asked Questions

When was property at 2901 South Court built and last sold?
The property at 2901 South Court was built in 1955 and last sold on Sep 29, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 2901 South Court is $0.
What are some comparable homes to 2901 South Court?
There are currently no comparable homes to 2901 South Court.
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