$146,000
●
Condo -
Off Market
5501 Carriageway Drive #306A
Rolling Meadows, IL 60008
2 Beds
2 Baths
1,300 Ft²
$160,083
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
You will love the gorgeous view of the pond from your private
balcony and listen to the rustle of the trees. Winter is coming so
you can stretch out on your sofa and get cozy in front of your
fireplace. This condo is one of the largest of the 2 bedroom models
which are less often available. All the rooms are very spacious so
you can start buying new furniture today. This kitchen is larger
than most and has room for a table and chairs. Priced so you can
select your own carpeting and updates. You will enjoy having your
own full size washer and dryer in your unit and you can use the
laundry room in the basement during emergencies. This is a great
location convenient to highways, restaurants, shopping, and
recreation.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
Condo
Property Taxes
$17
HOA Dues
$560
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 #11252377)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Feb 24, 2025 | Listed by Coldwell Banker Realty | $240,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
LARGEST 2 BEDROOM MODEL at Three Fountains on the Lake! Gorgeous 2 bedroom, 2 full bath condo with lots of natural light and peaceful views of the pond from your private balcony! Third floor unit with no neighbors above. Living room features a cozy gas fireplace surrounded with built-in bookshelves and slider access to the balcony. Kitchen includes white cabinetry and space for an eating area + a large dining room. Full sized in-unit WASHER and DRYER will make chores a breeze! Master bedroom includes a private bath and walk-in closet. Generously sized 2nd bedroom will keep guests comfortable or make an excellent home office! HEATED UNDERGROUND GARAGE with 1 assigned parking space and storage. Private amenities include: in-ground pool, tennis courts and clubhouse. Don't forget, HOA dues cover: gas, heat, and water! Conveniently located near Route 53/expressways, outdoor recreation and plenty of shopping and dining options. NO RENTALS ALLOWED.
| |||
| Jan 4, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by Coldwell Banker Realty | $148,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 17
Garage Spaces: 17
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Bookcases, Some Window Treatmnt, Some Wall-To-Wall Cp
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Gas Oven
Rooms: 5
Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 08083010361034
Property Type: Residential
Year Built: 1975
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Features: Common Grounds, Streetlights
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $204
Tax Exemptions: Homeowner, Senior, Senior Freeze
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: East of 53 to Algonquin, south on 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, Water, Gas, Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $560
Association Fee Freq: Monthly
Holds Earnest Money: Yes
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 |
|---|---|---|---|---|---|---|---|
|
04/30/2025
|
2 Bed
|
2 Bath
|
1200 ft²
|
$250,000
2 Bed
2 Bath
1200 ft²
|
$245,000
-2.00%
06/27/2025
|
Matthew Ohlsen
Jameson Sotheby's Intl Realty
| |
|
04/22/2025
|
2 Bed
|
2 Bath
|
1220 ft²
|
$239,000
2 Bed
2 Bath
1220 ft²
|
$228,250
-4.50%
07/14/2025
|
Derek Morgan
USRealty.com, LLP
| |
|
02/24/2025
|
2 Bed
|
2 Bath
|
1300 ft²
|
$240,000
2 Bed
2 Bath
1300 ft²
|
$240,000
05/05/2025
|
Mandy Dundovich, ABR
Coldwell Banker Realty
| |
|
10/10/2022
|
2 Bed
|
2 Bath
|
1220 ft²
|
$169,900
2 Bed
2 Bath
1220 ft²
|
-
-
|
Ellen Ritsos
Homesmart Connect LLC
| |
|
05/13/2022
|
2 Bed
|
2 Bath
|
1220 ft²
|
$219,900
2 Bed
2 Bath
1220 ft²
|
$250,000
+13.69%
06/29/2022
|
Paulina Kozlowski
Coldwell Banker Realty
| |
|
05/09/2022
|
2 Bed
|
2 Bath
|
-
|
$149,000
2 Bed
2 Bath
|
$149,000
06/13/2022
|
Laura Majikes
Coldwell Banker Realty
| |
|
03/27/2022
|
3 Bed
|
3 Bath
|
2300 ft²
|
$239,900
3 Bed
3 Bath
2300 ft²
|
-
-
|
Joseph Myalil
RE/MAX Suburban
| |
|
01/06/2022
|
1 Bed
|
1 Bath
|
850 ft²
|
$114,900
1 Bed
1 Bath
850 ft²
|
$111,000
-3.39%
02/24/2022
|
Peter Gialamas
Century 21 Langos & Christian
| |
|
10/21/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$148,000
2 Bed
2 Bath
1300 ft²
|
$146,000
-1.35%
01/04/2022
|
Jurgita Gestautas
Coldwell Banker Realty
| |
|
10/01/2021
|
2 Bed
|
2 Bath
|
-
|
$181,000
2 Bed
2 Bath
|
$176,000
-2.76%
11/27/2021
|
Mahreen Chaudhry
Baird & Warner
| |
|
08/18/2021
|
1 Bed
|
1 Bath
|
850 ft²
|
$114,900
1 Bed
1 Bath
850 ft²
|
$115,000
+0.09%
10/14/2021
|
Dorothy Zabinski
Suburban Home Realty
| |
|
07/11/2021
|
1 Bed
|
1 Bath
|
875 ft²
|
$112,000
1 Bed
1 Bath
875 ft²
|
$105,000
-6.25%
11/15/2021
|
Lois Cheri Chatman
Ani Real Estate
| |
|
07/07/2020
|
3 Bed
|
3 Bath
|
2000 ft²
|
$219,000
3 Bed
3 Bath
2000 ft²
|
$195,000
-10.96%
03/09/2021
|
Mariola Buchowska
| |
|
09/29/2019
|
2 Bed
|
2 Bath
|
-
|
$169,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/08/2019
|
1 Bed
|
1 Bath
|
800 ft²
|
$119,900
1 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
04/02/2019
|
2 Bed
|
2 Bath
|
-
|
$169,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
09/25/2018
|
3 Bed
|
3 Bath
|
2113 ft²
|
-
3 Bed
3 Bath
2113 ft²
|
-
-
|
-
| |
|
08/23/2018
|
2 Bed
|
2 Bath
|
-
|
$149,900
2 Bed
2 Bath
|
$142,000
-5.27%
10/17/2018
|
Terri Hunt
| |
|
05/23/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/01/2017
|
2 Bed
|
2 Bath
|
-
|
$219,999
2 Bed
2 Bath
|
$195,000
-11.36%
09/19/2017
|
Mahreen Chaudhry
Magnum Realty
| |
|
04/24/2017
|
1 Bed
|
1 Bath
|
800 ft²
|
$79,900
1 Bed
1 Bath
800 ft²
|
$78,000
-2.38%
05/17/2017
|
Royal Hartwig
Royal Family Real Estate
| |
|
05/19/2008
|
2 Bed
|
2 Bath
|
-
|
$187,000
2 Bed
2 Bath
|
$177,000
-5.35%
09/30/2008
|
Waldemar Smolinski
Coldwell Banker Realty
| |
|
10/25/2006
|
2 Bed
|
2 Bath
|
-
|
$198,900
2 Bed
2 Bath
|
$194,500
-2.21%
05/25/2007
|
Donna Sattler
RE/MAX At Home
|
Building Info
5501 Carriageway Drive
5501 Carriageway Drive, Rolling Meadows, IL 60008
- 1 Unit for Sale
About Rolling Meadows
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,795 /mo
- 2 Beds
- 1 Bath
- 1,000 ft²
$1,795 /mo
- 1 Bed
- 1 Bath
- 950 ft²
Listed by: Jurgita Gestautas, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11252377
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# 11252377
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