For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Rolling Meadows 60008
3503 Piper Court
$240,000
● House - Off Market

3503 Piper Court

Rolling Meadows, IL 60008
bedrooms
2 Beds
bathrooms
1 Bath
square feet
861 Ft²
$274,273
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Affordable 2 bed/1 bath ranch in one of the best locations in Rolling Meadows! Located on a private cul-de-sac, this wonderful home features a bay window in the living room offering plenty of natural light, hardwood floors, a nicely updated bathroom with bonus linen closet, a large eat-in kitchen, a sizeable separate laundry room and a nice 2 car garage. Prepare to love the huge fenced-in backyard with a large deck that is perfect for BBQs and a shed for additional storage. Perfect location near Salk Park, community pool, Rolling Meadows High School, highway access and downtown Rolling Meadows!
Unit Size
861 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$302
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1961

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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 #11662691)

Price History

Date / Event Date Event Price
Nov 15, 2022 Sold
Premium
Sold
Oct 28, 2022 Listed by Baird & Warner $259,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,825
  • Total Building Area: 861
  • Gross Building Area: 861
  • Building Area: 861
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 861
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT12
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (ROLLING) (MEADOWS) (UNIT12) SUB S OF KIRCHOFF RD & P T WH SEC36 & PT EH SEC 35-42-10

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-35-404-023-0000
  • Lot: 1994
  • Meridian: SEC 35 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0719
  • Longitude: -88.0247

    Address

  • Full Address: 3503 Piper Ct
  • Legal Unit: 12
  • Address - House Number: 3503
  • Address - Street Name: Piper
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C022
  • 4-Digit Zip Code: 2527
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $464,986
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.2386
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 267,086
  • High Value: 330,837
  • Low Value: 203,335

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $43,040
  • Market Improvement Value: $176,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $4,304
  • Assessed Improvements Value: $17,696

    Sales

  • Current Sale Contract Date: Nov 14, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19242
  • Previous Sale Recording Date: Nov 28, 2005
  • Previous Sale Contract Date: Oct 25, 2005
  • Previous Sale Amount: $240,000
  • 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:

$354,990

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1318 ft²

Average Home Age

52.1 years

Currently For Sale

39 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 5001 Carriageway Drive, Rolling Meadows, IL, 60008

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
5001 Carriageway Drive #A209, Rolling Meadows, IL, 60008 Listing by Elena Savrova
Unit for rent at 5000 Carriageway Drive, Rolling Meadows, IL, 60008

$2,200 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
5000 Carriageway Drive #303, Rolling Meadows, IL, 60008 Listing by Michiko Suzuki

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ashley Thompson, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11662691
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 3503 Piper Court built and last sold?
The property at 3503 Piper Court was built in 1961 and last sold on Nov 14, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 3503 Piper Court is $258,712.
What are some comparable homes to 3503 Piper Court?
There are currently no comparable homes to 3503 Piper Court.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Palatine Homes for Sale
Palatine Houses for Sale
Palatine Condos for Sale
Palatine Townhouses for Sale
Palatine Multifamily for Sale
Palatine Land for Sale
Palatine Commercial for Sale
Palatine Homes with Basements
Nearby Cities
Schaumburg Homes for Sale
Arlington Heights Homes for Sale
Des Plaines Homes for Sale
Buffalo Grove Homes for Sale
Hoffman Estates Homes for Sale
Mount Prospect Homes for Sale
Streamwood Homes for Sale
Hanover Park Homes for Sale
Nearby Property Records
Kane County, IL Property Records
DuPage County, IL Property Records
McHenry County, IL Property Records
Lake County, IL Property Records
Cook County, IL Property Records
Kenosha County, WI Property Records
DeKalb County, IL Property Records
Will County, IL Property Records
Neighborhoods
Buffalo Grove Real Estate
Conway Farms Real Estate
Oak Hills Real Estate
Nearby Counties
Wheeling Homes for Sale
Schaumburg Homes for Sale
Hanover Homes for Sale
Vernon Homes for Sale
Elk Grove Homes for Sale
Ela Homes for Sale
Cuba Homes for Sale
Barrington Homes for Sale
Top Real Estate Agents
Top Agents in Palatine
Top Agents in Wheeling
Top Agents in Schaumburg
Top Agents in Hanover
Top Agents in Schaumburg
Top Agents in Vernon
Top Agents in Arlington Heights
Top Agents in Elk Grove