$242,500
●
Condo -
Off Market
3115 Town Square Drive #203
Rolling Meadows, IL 60008
2 Beds
2 Baths
1,396 Ft²
$257,621
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Grand 2 bed, 2 bath condo in the heart of downtown Rolling Meadows.
Step inside onto hardwood flooring that continues throughout the
home. Open concept natural light, bright living area, large master
suite, private balcony and indoor heated parking space and storage.
Bright eat-in kitchen features stainless steel appliances, wood
cabinetry and plenty of counter space. Enjoy smaller meals at the
breakfast area in-front of the bay window! Huge master suite ,
complete with a soaking tub and separate shower, double vanity and
walk in closet. The second bedroom features a large closet and
private access to the balcony. Residents enjoy a secure elevator,
pet friendly building, indoor parking, and a welcoming lobby.
Close to schools, shopping (Woodfield mall), restaurants, library
and sled hills. Easy access to highway IL-53, I-90, I-290 and I-355
and close to metra train. Less than 2 miles from Arlington Park
Racecourse. Unit cannot be rented or used as an investment property
per HOA rules. Come call this place home!
Unit Size
1,396 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
Condo
Property Taxes
$341
HOA Dues
$384
Year Built
-
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Cap Rate Calculator
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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 #11709155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2023 | Sold | ||
| Sold | |||
| Jan 29, 2023 | Listed by Real People Realty | $250,000 | |
| Listed by Real People Realty | |||
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Wood Laminate Floors, Heated Floors, Laundry Hook-Up in Unit, Storage
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 21-25 Years
Rebuilt(Y/N): No
Parcel Number: 02361050521107
Property Type: Residential
Year Built: 2000
Roof: Other
No Disability Access
Special Conditions: None
Exterior Features: Balcony, End Unit, Door Monitored By TV
Lot Features: Common Grounds, Landscaped, Rear of Lot
Lot Size Dimensions: COMMON
Water Source: Lake Michigan, Public
Financial Details
Tax Year: 2021
Tax Annual Amount: $4,088
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: Palatine
Corporate Limits: Rolling Meadows
Directions: Kirchhoff East from IL53 to Town Square Dr South to building 3115
County or Parish: Cook
Elementary School District: 15
Elementary School: Kimball Hill 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: Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $384
Association Fee Freq: Monthly
Holds Earnest Money: No
Some Photos Virtually Staged (Y/N): Yes
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 |
|---|---|---|---|---|---|---|---|
|
09/04/2026
|
2 Bed
|
2 Bath
|
1599 ft²
|
$345,000
2 Bed
2 Bath
1599 ft²
|
-
-
|
Ashley Thompson
Baird & Warner
| |
|
11/26/2025
|
2 Bed
|
2 Bath
|
1396 ft²
|
$292,000
2 Bed
2 Bath
1396 ft²
|
$290,000
-0.68%
12/31/2025
|
Ashley Thompson
Baird & Warner
| |
|
05/16/2025
|
2 Bed
|
2 Bath
|
1396 ft²
|
$289,900
2 Bed
2 Bath
1396 ft²
|
$271,000
-6.52%
06/18/2025
|
Ashley Thompson
Baird & Warner
| |
|
05/03/2024
|
2 Bed
|
2 Bath
|
1600 ft²
|
$320,000
2 Bed
2 Bath
1600 ft²
|
$330,000
+3.13%
06/21/2024
|
Veronica Rodriguez
Redfin Corporation
| |
|
03/29/2024
|
2 Bed
|
2 Bath
|
1396 ft²
|
$275,000
2 Bed
2 Bath
1396 ft²
|
$285,000
+3.64%
04/30/2024
|
Stephen Pocina
Berkshire Hathaway HomeServices Starck Real Estate
| |
|
02/01/2024
|
2 Bed
|
2 Bath
|
1396 ft²
|
$269,000
2 Bed
2 Bath
1396 ft²
|
$278,000
+3.35%
03/20/2024
|
Megan Specht
Picket Fence Realty
| |
|
01/29/2023
|
2 Bed
|
2 Bath
|
1396 ft²
|
$250,000
2 Bed
2 Bath
1396 ft²
|
$242,500
-3.00%
03/01/2023
|
Sandra Afrifah
Real People Realty
| |
|
02/02/2022
|
2 Bed
|
2 Bath
|
1396 ft²
|
$200,000
2 Bed
2 Bath
1396 ft²
|
$210,000
+5.00%
03/12/2022
|
Jamie Lindsey
Homesmart Connect LLC
| |
|
05/15/2021
|
2 Bed
|
2 Bath
|
1599 ft²
|
$254,900
2 Bed
2 Bath
1599 ft²
|
-
-
|
-
| |
|
03/16/2021
|
2 Bed
|
2 Bath
|
1600 ft²
|
$249,900
2 Bed
2 Bath
1600 ft²
|
-
-
|
-
| |
|
03/21/2019
|
2 Bed
|
2 Bath
|
1599 ft²
|
$195,000
2 Bed
2 Bath
1599 ft²
|
-
-
|
-
| |
|
08/23/2018
|
2 Bed
|
2 Bath
|
1395 ft²
|
-
2 Bed
2 Bath
1395 ft²
|
-
-
|
-
| |
|
09/14/2017
|
3 Bed
|
2 Bath
|
1599 ft²
|
$189,900
3 Bed
2 Bath
1599 ft²
|
$182,000
-4.16%
11/21/2017
|
Frank Pantell
Keller Williams - Chicago-O'Hare
| |
|
05/04/2017
|
2 Bed
|
2 Bath
|
1400 ft²
|
$187,900
2 Bed
2 Bath
1400 ft²
|
$183,500
-2.34%
07/10/2017
|
James Coy
@properties Christie's International Real Estate
| |
|
03/24/2017
|
2 Bed
|
2 Bath
|
1395 ft²
|
$188,500
2 Bed
2 Bath
1395 ft²
|
$183,000
-2.92%
05/23/2017
|
Kenneth Lemberger
RE/MAX Central Inc.
| |
|
03/11/2008
|
2 Bed
|
2 Bath
|
-
|
$244,900
2 Bed
2 Bath
|
$244,900
07/18/2008
|
LYNN DELGRECO
Coldwell Banker Realty
| |
|
08/29/2007
|
2 Bed
|
2 Bath
|
1397 ft²
|
$239,900
2 Bed
2 Bath
1397 ft²
|
$228,000
-4.96%
05/30/2008
|
Gail Bergstrom
RE/MAX At Home
| |
|
07/01/2006
|
2 Bed
|
2 Bath
|
-
|
$244,900
2 Bed
2 Bath
|
$240,000
-2.00%
01/17/2007
|
Robert DeFrank
CENTURY 21 All Ways Realty
|
Building Info
3115 Town Square Drive
3115 Town Square Drive, Rolling Meadows, IL 60008
- 1 Unit for Sale
About Rolling Meadows
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,800 /mo
- 3 Beds
- 1 Bath
$3,500 /mo
- 3 Beds
- 2 Baths
- 1,782 ft²
Listed by: Sandra Afrifah, Real People Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11709155
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# 11709155
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