$135,000
●
House -
Off Market
5201 Carriageway Drive #C317
Rolling Meadows, IL 60008
Studio
1 Bath
460 Ft²
$1,116
Est. Monthly
$289
HOA / Fees
9.15%
Cap Rate
About This Property
Looking for a clean, cozy, and totally move-in-ready spot? This
updated, top-floor studio condo in Rolling Meadows is a fantastic
opportunity to own your own place without the high price tag.
Whether you're a first-time buyer looking for a budget-friendly
home or a commuter needing a comfortable "home base" near the
highway, this location is hard to beat. Inside, you'll
find a sleek, modern kitchen and bathroom that make the space feel
fresh and current. Plus, you'll have access to a well-kept
community pool-the perfect place to hang out and relax all summer
long. For the investors out there: this complex allows
rentals, making it a brilliant opportunity to start or grow your
portfolio. It's also a perfect stepping-stone opportunity for a
first-time buyer-move in now, build some equity, and keep it as a
rental property down the road. With quick access to
the tollway and everything you need nearby, this is an awesome
opportunity that won't sit on the market for long. Come check it
out!
Unit Size
460 Ft²
Days on Market
-
Land Size
-
Price per sqft
$304
Property Type
House
Property Taxes
$140
HOA Dues
$289
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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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.
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Parking Features: Yes
Interior Details
Full Bathrooms: 1
Interior Features: Elevator, Walk-In Closet(s)
Appliances: Range, Microwave, Refrigerator
Flooring Type: Laminate
Laundry Features: Common Area
Rooms: 3
Basement: None
Exterior Details
Square Footage: 460
Year Built: 1978
Construction Materials: Brick
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Annual Amount: $1,675
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Radiant
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Gas, Insurance, Maintenance Grounds, Snow Removal, Parking, Pool, Exterior Maintenance, Scavenger
HOA Fee: $289
HOA Fee Frequency: Monthly
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
- 1 Unit 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: Scott Henninger, Keller Williams Thrive
Data Source: MRED, MLS# MRD12586610
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.
Data Source: MRED, MLS# MRD12586610
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