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Rolling Meadows 60008
3300 Meadow Drive
$170,000
● House - Off Market

3300 Meadow Drive

ROLLING MEADOWS, IL 60008
bedrooms
3 Beds
bathrooms
1 Bath
$271,091
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Short Sale Opportunity! Newer Refrigerator, New Front Load Washer/Dryer, carpeting!  New tile in Bathroom. Newer Carrier Weather Maker energy efficient furnace and central air conditioning.  Attached 2 + Car garage! Great location, close to shopping and expressway! Looking for cash buyers and a quick close.  All utilities shut off, owner will not turn on.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1958

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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 #09655777)

Price History

Date / Event Date Event Price
Aug 29, 2017 Sold
Premium
Sold
Jul 9, 2017 Listed $170,000
Listed
Short Sale Opportunity! Newer Refrigerator, New Front Load Washer/Dryer, carpeting! New tile in Bathroom. Newer Carrier Weather Maker energy efficient furnace and central air conditioning. Attached 2 + Car garage! Great location, close to shopping and expressway! Looking for cash buyers and a quick close. All utilities shut off, owner will not turn on.
Jun 11, 2017 Listed by Landstar Realty Group, Inc. $170,000
Listed by Landstar Realty Group, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 9,061
  • Total Building Area: 1,055
  • Gross Building Area: 1,055
  • Building Area: 1,055
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,055
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 3
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT10
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (ROLLING)(MEADOWS)(UNIT10)SUB OF LT U IN ROLLING MEAD OWS UNIT8 A SUB OF THAT PT LYING S OF KIRCHOFF RD OF WH SEC 36-42-10

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804000

Geography

  • District: 29
  • Parcel: 02-36-110-001-0000
  • Lot: U
  • Meridian: SEC 36 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0752
  • Longitude: -88.0171

    Address

  • Full Address: 3300 Meadow Dr
  • Legal Unit: 10
  • Address - House Number: 3300
  • Address - Street Name: Meadow
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C023
  • 4-Digit Zip Code: 2731
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $694,970
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 301,564
  • High Value: 370,402
  • Low Value: 232,727

    Market Valuation

  • Market Total Value: $236,790
  • Market Land Value: $49,840
  • Market Improvement Value: $186,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,679
  • Assessed Land Value: $4,984
  • Assessed Improvements Value: $18,695

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jun 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18055
  • Previous Sale Recording Date: Aug 30, 2017
  • Previous Sale Contract Date: Aug 25, 2017
  • Previous Sale Amount: $170,000
  • 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

1447 ft²

Average Home Age

57.1 years

Currently For Sale

43 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 2206 Oak Lane, Rolling Meadows, IL, 60008

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,179 ft²
2206 Oak Lane, Rolling Meadows, IL, 60008 Listing by Megan Campbell Barnitz
Unit for rent at 502 Lexington Lane, Rolling Meadows, IL, 60008

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,648 ft²
502 Lexington Lane, Rolling Meadows, IL, 60008 Listing by Marla Kubik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Landstar Realty Group, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09655777
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 3300 Meadow Drive built and last sold?
The property at 3300 Meadow Drive was built in 1958 and last sold on May 27, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 3300 Meadow Drive is $0.
What are some comparable homes to 3300 Meadow Drive?
There are currently no comparable homes to 3300 Meadow Drive.
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