$319,500
●
House -
Off Market
941 E Algonquin Road
Des Plaines, IL 60016
3 Beds
2 Baths
1,275 Ft²
$304,111
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Absolutely charming 3 bedroom, 2 bath ranch home with beautiful
hardwood floors. Fully permitted back bedroom conversion, all
new second bathroom and hallway as well as many upgraded quality
improvements throughout the home: converted electric service from
fuses to 100 amp panel; new light fixtures throughout. Replaced
plumbing lines to copper piping. Rehabbed original bathroom with
new vanity, medicine cabinet, lighting and paint. Spacious fenced
back yard and detached garage. Easily accessible to shopping,
restaurants, METRA, PACE. Close to variety of award winning
Des Plaines Park District Parks - new indoor swimming pool at
Prairie Lakes Recreation and Exercise Center. ** Interior photos
coming soon** Home is in excellent condition.
Unit Size
1,275 Ft²
Days on Market
-
Land Size
-
Price per sqft
$235
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1953
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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 #11331596)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by Keller Williams ONEChicago | $300,000 | |
| Listed by Keller Williams ONEChicago | |||
| Jun 10, 2019 | No longer available | - | |
| No longer available | |||
| Apr 9, 2019 | No longer available | - | |
| No longer available | |||
| Apr 4, 2019 | Listed | $219,900 | |
| Listed | |||
| | |||
|
Bright, well maintained 1275 sq. ft. 2 bedroom ranch style home with eat in kitchen and expanded family room addition with gas fireplace. Original hardwood floors under living room and bedroom carpets. Laundry room on main floor. Spacious fenced in back yard. Newer windows and furnace. Excellent schools, convenient to shopping and award winning park district amenities. Easily accessible to highways 90/294 and PACE, METRA. The manager has listed the unit size as 1275 square feet.
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About Des Plaines
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Listed by: Mary Childers, Keller Williams ONEChicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11331596
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# 11331596
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