$201,000
●
Condo -
Off Market
5511 Chateau Drive #6
Rolling Meadows, IL 60008
2 Beds
2 Baths,
1
Half Bath
1,100 Ft²
$1,517
Est. Monthly
$410
HOA / Fees
10.98%
Cap Rate
About This Property
Experience a bright and airy living room seamlessly connected to a
private balcony, offering views of the pond. Entertain effortlessly
in this expansive space, which includes a dining room and wet bar.
The upgraded kitchen features stainless steel appliances, new maple
cabinetry with modern hardware, a striking stone backsplash, a
spacious eating area, and ample granite countertops. Both bedrooms
offer generous closet space, premium wood laminate flooring, and
updated bathrooms. Convenience is key with a washer and dryer in
the unit. Extra storage space as well. Located within walking
distance to schools and mere steps from shopping, restaurants, and
transportation, with easy access to expressways. Don't let this
opportunity slip away, under $200,000 remodeled in this area is
rare to find.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$168
Property Type
Condo
Property Taxes
$198
HOA Dues
$410
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: 3 years ago (MRED MLS #11989764)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Berkshire Hathaway HomeServices Starck Real Estate | $185,000 | |
| Listed by Berkshire Hathaway HomeServices Starck Real Estate | |||
| Apr 19, 2019 | No longer available | - | |
| No longer available | |||
| Feb 12, 2019 | Listed | $130,000 | |
| Listed | |||
| | |||
|
Move Right In ~ Upgraded Condo Ready for New Owner! Bright and Airy Living Room with Sliding Door to Private Balcony Offering Serene Views of the Pond! Combined with Dining Room and Wet-Bar this Huge Space is Perfect for Gathering and Entertaining! Completely Upgraded Kitchen Boasts All Stainless Steel Appliances, New Maple Cabinetry with Updated Hardware, Stunning Stone Backsplash, Eating Area with Table Space, and an Abundance of Granite Countertops! 2 Spacious Bedrooms with Generous Closet Space, Premium Wood Laminate Flooring, Neutral Paint with White Trim, Updated Bathrooms, and Washer & Dryer in Unit! Great Location ~ Walking Distance to Schools and Only Steps from Shopping, Restaurants and Transportation with Ease of Access to Routes 58, 62 & I-90! Don't Miss Out! This One Won't Last! The manager has listed the unit size as 1100 square feet.
| |||
| Sep 20, 2018 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Total Number of Parking: 2
Parking Features: Assigned, Off Street, Visitor Parking
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Bar-Wet, Wood Laminate Floors, Laundry Hook-Up in Unit, Storage
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 08084070201048
Property Type: Residential
Year Built: 1978
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Features: Common Grounds, Landscaped, Pond(s), Water View
Lot Size Dimensions: COMMON
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $2,375
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Electric, Forced Air
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: 58 (Golf) to New Wilke North to Chateau left
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: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $410
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 |
|---|---|---|---|---|---|---|---|
|
08/11/2025
|
2 Bed
|
1 Bath
|
1100 ft²
|
$220,000
2 Bed
1 Bath
1100 ft²
|
$210,000
-4.55%
09/19/2025
|
Adriana Hernandez, CSC
john greene, Realtor
| |
|
03/14/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$185,000
2 Bed
2 Bath
1100 ft²
|
$201,000
+8.65%
04/17/2024
|
Jen Ortman
Berkshire Hathaway HomeServices Starck Real Estate
| |
|
05/27/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$124,900
2 Bed
2 Bath
1100 ft²
|
$125,000
+0.08%
08/31/2021
|
Kelly Janowiak
@properties
| |
|
08/23/2018
|
2 Bed
|
2 Bath
|
1100 ft²
|
-
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
| |
|
04/21/2008
|
2 Bed
|
1 Bath
|
-
|
$95,000
2 Bed
1 Bath
|
$95,000
02/25/2009
|
Helena Sobotka
Expert Real Estate, Inc.
|
Building Info
About Rolling Meadows
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,150 /mo
- 3 Beds
- 2 Baths
- 2,100 ft²
$3,575 /mo
- 3 Beds
- 2 Baths
- 1,066 ft²
Listed by: Jen Ortman, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11989764
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# 11989764
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