$71,000
●
Condo -
Off Market
5201 Carriageway Drive #302C
ROLLING MEADOWS, IL 60008
2 Beds
1 Bath
1,110 Ft²
$100,988
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Newly completed construction of a spacious 2 bedroom, one bath 3rd
floor corner condo unit ready for owner finishes. Building is new
from the ground up after fire in 2015. The floor plan includes a
living room, dining room and two bedrooms with the master having a
walk-in closet and dressing area complete with large dressing
mirror and sink. The building is in a mature complex which
includes a pool and recreation facility. This Unit is being sold
with one deeded underground parking space, conveniently located
adjacent to the elevator and laundry facilities. Parking area
includes a wash bay available to all owners. Well located, close to
express and tollways, public transportation, shopping, restaurants
and entertainment. Take advantage of this under market pricing and
motivated seller.
Unit Size
1,110 Ft²
Days on Market
-
Land Size
-
Price per sqft
$56
Property Type
Condo
Property Taxes
$64
HOA Dues
$557
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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 #09574874)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2017 | Sold | ||
| Sold | |||
| Mar 24, 2017 | Listed by RE/MAX At Home | $62,500 | |
| Listed by RE/MAX At Home | |||
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: 1
Full Bathrooms: 1
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 51-60 Years
Rehab Year: 2016
Rebuilt(Y/N): Yes
Parcel Number: 08081230191132
Property Type: Residential
Year Built: 1960
Roof: Asphalt
Special Conditions: None
Exterior Features: Balcony, In Ground Pool, Storms/Screens, End Unit
Lot Features: Common Grounds, Stream(s)
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2015
Tax Annual Amount: $766
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: ELK GROVE
Corporate Limits: ROLLING MEADOWS
Directions: ALGONQUIN ROAD EAST OF 53 TO CARRIAGEWAY
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, Air Conditioning, Water, Gas, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $557
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
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 |
|---|---|---|---|---|---|---|---|
|
08/25/2026
|
2 Bed
|
1 Bath
|
1200 ft²
|
$229,000
2 Bed
1 Bath
1200 ft²
|
-
-
|
Monika Soja
Century 21 Circle
| |
|
03/08/2026
|
Studio
|
1 Bath
|
460 ft²
|
$139,900
Studio
1 Bath
460 ft²
|
$135,000
-3.50%
05/07/2026
|
Scott Henninger
Keller Williams Momentum
| |
|
05/04/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$204,900
2 Bed
1 Bath
1000 ft²
|
$200,000
-2.39%
06/25/2025
|
Domenica Koch, CSC
@properties Christie's International Real Estate
| |
|
04/23/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$210,000
2 Bed
1 Bath
1000 ft²
|
$200,000
-4.76%
06/17/2025
|
Naomi Campbell
Coldwell Banker Realty
| |
|
09/26/2023
|
1 Bed
|
1 Bath
|
738 ft²
|
$149,900
1 Bed
1 Bath
738 ft²
|
$152,500
+1.73%
10/30/2023
|
Madalina Tat
NHR BROKERAGE LLC
| |
|
12/01/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$165,000
2 Bed
2 Bath
1200 ft²
|
$170,000
+3.03%
01/06/2023
|
Daniel Nierman
4 Sale Realty Advantage
| |
|
04/02/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$134,900
2 Bed
1 Bath
1000 ft²
|
$143,000
+6.00%
05/02/2022
|
Julia Cherepova
HomeStar Agency
| |
|
03/21/2022
|
2 Bed
|
1 Bath
|
1100 ft²
|
$138,000
2 Bed
1 Bath
1100 ft²
|
-
-
|
Ann Kikas
Kale Realty
| |
|
03/11/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$142,900
2 Bed
2 Bath
1200 ft²
|
$138,000
-3.43%
04/14/2022
|
Holly Pfister
Berkshire Hathaway HomeServices Starck Real Estate
| |
|
03/04/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$139,000
2 Bed
1 Bath
1000 ft²
|
$135,000
-2.88%
06/06/2022
|
Gina Brown
Baird & Warner
| |
|
06/21/2021
|
2 Bed
|
1 Bath
|
1100 ft²
|
$129,900
2 Bed
1 Bath
1100 ft²
|
$120,000
-7.62%
03/03/2022
|
Gina Brown
Baird & Warner
| |
|
05/28/2021
|
2 Bed
|
1 Bath
|
1200 ft²
|
$135,000
2 Bed
1 Bath
1200 ft²
|
$128,500
-4.81%
07/02/2021
|
Martin Flynn
RE/MAX Properties Northwest
| |
|
03/19/2021
|
1 Bed
|
1 Bath
|
800 ft²
|
$109,900
1 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
04/23/2021
|
2 Bed
|
1 Bath
|
1200 ft²
|
$130,000
2 Bed
1 Bath
1200 ft²
|
-
-
|
-
| |
|
12/04/2020
|
2 Bed
|
1 Bath
|
1100 ft²
|
$143,900
2 Bed
1 Bath
1100 ft²
|
-
-
|
-
| |
|
10/23/2020
|
2 Bed
|
1 Bath
|
1200 ft²
|
$143,900
2 Bed
1 Bath
1200 ft²
|
-
-
|
-
| |
|
07/20/2020
|
1 Bed
|
1 Bath
|
900 ft²
|
$110,000
1 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
07/20/2020
|
2 Bed
|
1 Bath
|
800 ft²
|
$137,000
2 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
05/22/2020
|
2 Bed
|
1 Bath
|
1200 ft²
|
$135,000
2 Bed
1 Bath
1200 ft²
|
-
-
|
-
| |
|
09/10/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$145,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
10/13/2018
|
2 Bed
|
1 Bath
|
1200 ft²
|
$105,000
2 Bed
1 Bath
1200 ft²
|
-
-
|
-
| |
|
08/23/2018
|
1 Bed
|
1 Bath
|
825 ft²
|
-
1 Bed
1 Bath
825 ft²
|
-
-
|
-
| |
|
08/23/2018
|
2 Bed
|
2 Bath
|
1100 ft²
|
-
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
| |
|
06/27/2018
|
2 Bed
|
1 Bath
|
1200 ft²
|
-
2 Bed
1 Bath
1200 ft²
|
-
-
|
-
| |
|
05/03/2018
|
2 Bed
|
1 Bath
|
1152 ft²
|
-
2 Bed
1 Bath
1152 ft²
|
-
-
|
-
| |
|
08/17/2017
|
1 Bed
|
1 Bath
|
700 ft²
|
$89,900
1 Bed
1 Bath
700 ft²
|
$88,000
-2.11%
10/27/2017
|
James Abbate
Century 21 1st Class Homes
| |
|
06/16/2017
|
2 Bed
|
1 Bath
|
1000 ft²
|
$126,000
2 Bed
1 Bath
1000 ft²
|
$126,000
08/25/2017
|
William Volpe
Parkvue Realty Corporation
| |
|
03/24/2017
|
2 Bed
|
1 Bath
|
1110 ft²
|
$62,500
2 Bed
1 Bath
1110 ft²
|
$71,000
+13.60%
05/02/2017
|
Basel Tarabein
RE/MAX At Home
| |
|
03/08/2017
|
1 Bed
|
1 Bath
|
900 ft²
|
$57,200
1 Bed
1 Bath
900 ft²
|
$61,600
+7.69%
05/19/2017
|
Anthony Disano
Parkvue Realty Corporation
| |
|
03/06/2017
|
2 Bed
|
1 Bath
|
1044 ft²
|
$75,000
2 Bed
1 Bath
1044 ft²
|
$65,000
-13.33%
05/03/2017
|
Steven Heilig
Baird & Warner
| |
|
02/27/2017
|
2 Bed
|
2 Bath
|
-
|
$99,000
2 Bed
2 Bath
|
$79,000
-20.20%
07/26/2017
|
Vaciliki Ress
Berkshire Hathaway HomeServices Chicago
| |
|
02/28/2008
|
2 Bed
|
1 Bath
|
-
|
$139,900
2 Bed
1 Bath
|
$125,000
-10.65%
05/22/2008
|
Mark Groble
Team GT PLLC
| |
|
11/06/2007
|
Studio
|
1 Bath
|
-
|
$99,900
Studio
1 Bath
|
$93,300
-6.61%
01/18/2008
|
Richard Ives, ABR,AHWD,E-PRO,PSA,SRES
RE/MAX At Home
| |
|
01/12/2007
|
1 Bed
|
1 Bath
|
-
|
$130,000
1 Bed
1 Bath
|
$127,000
-2.31%
02/23/2007
|
Violet Ostrowski, SRES
Keller Williams Thrive
|
Building Info
5201 Carriageway Drive
5201 Carriageway Drive, Rolling Meadows, IL 60008
- 2 Units for Sale
About Rolling Meadows
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,650 /mo
- 1 Bed
- 1 Bath
- 800 ft²
$1,675 /mo
- 1 Bed
- 1 Bath
Listed by: , RE/MAX At Home
Last Updated: 3 years ago
Data Source: MRED, MLS# 09574874
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# 09574874
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