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Rolling Meadows 60008
5601 Silentbrook Lane
$350,000
● House - Off Market

5601 Silentbrook Lane

Rolling Meadows, IL 60008
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,363 Ft²
$399,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Attention rehabbers or those seeking a fixer-upper! Here is your opportunity to own a 4 bedroom, 2.1 bath, 2 car garage, north and south facing 2-story home in Plum Grove Creek with sought-after schools in the Wm Fremd school district. Great location too...near expressways, the mall, Harper College, minutes to the Metra station, and access to the airport.
Unit Size
2,363 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11916674)

Price History

Date / Event Date Event Price
Feb 9, 2024 Sold
Premium
Sold
Feb 3, 2024 Listed by RE/MAX Showcase $599,900
Listed by RE/MAX Showcase
Updated Home, frehly painted and floors
Nov 30, 2023 Sold
Premium
Sold
Nov 11, 2023 Listed by Coldwell Banker Realty $399,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,625
  • Total Building Area: 2,363
  • Gross Building Area: 2,363
  • Building Area: 2,363
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,363
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLUM GROVE CREEK PHASE2
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (PLUM)(GROVE) CREEK (PHASE2) BEING SUB OF SW SEC27 & NW SEC34 SW SEC 27-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804106

Geography

  • District: 29
  • Subdivision Phase Number: 2
  • Parcel: 02-27-304-015-0000
  • Block: 2
  • Lot: 15
  • Meridian: SEC 27 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0834
  • Longitude: -88.0584

    Address

  • Full Address: 5601 Silentbrook Ln
  • Address - House Number: 5601
  • Address - Street Name: Silentbrook
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C021
  • 4-Digit Zip Code: 2119
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,367,771
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 29061

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 582,818
  • High Value: 641,745
  • Low Value: 523,890

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $103,500
  • Market Improvement Value: $346,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $10,350
  • Assessed Improvements Value: $34,650

    Sales

  • Current Sale Contract Date: Feb 07, 2024
  • Current Sale Recording Date: Feb 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33101
  • Previous Sale Recording Date: Dec 11, 2023
  • Previous Sale Contract Date: Nov 28, 2023
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rolling Meadows

Stats & Trends

Median Asking:

$354,870

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1367 ft²

Average Home Age

52.2 years

Currently For Sale

40 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 605 W Gilbert Road, Palatine, IL, 60067

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,983 ft²
605 W Gilbert Road, Palatine, IL, 60067 Listing by Kim Alden

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Catherine Barker, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11916674
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.

Frequently Asked Questions

When was property at 5601 Silentbrook Lane built and last sold?
The property at 5601 Silentbrook Lane was built in 1980 and last sold on Feb 7, 2024 for $585,000.
How much is this home worth?
The estimated value of the home located at 5601 Silentbrook Lane is $0.
What are some comparable homes to 5601 Silentbrook Lane?
There are currently no comparable homes to 5601 Silentbrook Lane.
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