$194,500
●
Condo -
Off Market
5501 CARRIAGEWAY DR #310A
ROLLING MEADOWS, IL 60008
2 Beds
2 Baths
$340,378
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model
About This Property
Spacious, remodeled top floor unit in secure elevator bldg. Both
bedrms have baths! Lrge Living room w/marble FP & views of the lake
from Large Balcony. STUNNING, Gourmet kitch w/maple cabs, SS GE
Prof appls,HW Flrs, mirrored backsplash & brkfst bar. WIC in both
bdrms! Wash/Dry in unit! Meticulously maintained. Home Warranty!
Assesmt incl heat, cook gas, FP gas, water, garb, gar, pool,
tennis, clbhse & more!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$127
HOA Dues
$349
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.
Last updated: 2 years ago (MRED MLS #06322797)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2007 | Sold | ||
| Sold | |||
| Oct 25, 2006 | Listed by RE/MAX At Home | $198,900 | |
| Listed by RE/MAX At Home | |||
Property Highlights
Garage
Elevator
Parking Details
Total Number of Parking: 1
Parking Features: Heated Garage, Garage
Garage Spaces: 1
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Elevator, Storage
Flooring Type: Hardwood
Rooms: 5
Fireplaces: 1
Exterior Details
Ownership: Condo
Age: 26-50 Years
Parcel Number: 08083010361038
Property Type: Residential
Year Built: 1973
Construction Methods: Brick
No Disability Access
Special Conditions: Home Warranty
Exterior Features: Balcony
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2005
Tax Annual Amount: $1,526
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: ELK GROVE
Corporate Limits: ROLLING MEADOWS
Directions: ALGONQUIN E OF 53 TO CARRIAGEWAY S BEYOND THE BRIDGE
County or Parish: Cook
Elementary School District: 15
Elementary School: WILLOW BEND ELEMENTARY SC
Middle Or Junior School District: 15
Middle Or Junior School: CARL SANDBURG JUNIOR HIGH SCH
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: $349
Holds Earnest Money: Yes
Possession: Closing
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 |
|---|---|---|---|---|---|---|---|
|
09/19/2026
|
2 Bed
|
2 Bath
|
-
|
$249,000
2 Bed
2 Bath
|
-
-
|
Slawek Rachmaciej
Exit Realty Redefined
| |
|
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%
06/24/2022
|
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
|
$114,900
10/18/2021
|
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
|
-
-
|
-
| |
|
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
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
| |
|
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%
08/31/2017
|
Mahreen Chaudhry
Baird & Warner
| |
|
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
$1,750 /mo
- 1 Bed
- 1 Bath
- 800 ft²
$1,650 /mo
- 1 Bed
- 1 Bath
- 800 ft²
Listed by: , RE/MAX At Home
Last Updated: 2 years ago
Data Source: MRED, MLS# 06322797
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: 2 years ago
Data Source: MRED, MLS# 06322797
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