$240,000
●
House -
Off Market
5501 Carriageway Drive #306A
Rolling Meadows, IL 60008
2 Beds
2 Baths
1,300 Ft²
$2,222
Est. Monthly
$651
HOA / Fees
6.06%
Cap Rate
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$185
Property Type
House
Property Taxes
$393
HOA Dues
$651
Year Built
-
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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.
Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
With View
Parking Details
Parking Features: Asphalt, Garage Door Opener, Heated Garage, Garage, On Site, Attached, Garage Owned
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Elevator, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Lobby, Separate Dining Room
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Humidifier
Laundry Features: Washer Hookup, Gas Dryer Hookup, In Unit
Rooms: 5
Fireplace Features: Gas Log, Gas Starter
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 1300
Square Footage Source: $0
Year Built: 1975
Other Structures: Tennis Court(s), Club House
Construction Materials: Brick
Lot Features: Common Grounds
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Annual Amount: $4,710
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Gas, Insurance, Maintenance Grounds, Snow Removal, Heat, Parking, Clubhouse, Pool, Exterior Maintenance, Scavenger, Other
HOA/Condo/Coop Amenities: Coin Laundry, Elevator(s), Storage, Pool, Tennis Court(s), Clubhouse, Security Door Lock(s), In Ground Pool, Intercom
HOA Fee: $651
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 |
|---|---|---|---|---|---|---|---|
|
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
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$1,795 /mo
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- 1 Bath
- 1,000 ft²
$1,795 /mo
- 1 Bed
- 1 Bath
- 950 ft²
Listed by: Amanda Dundovich, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12283760
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# MRD12283760
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