Closed

$89,500

1115 Algonquin Road, ARLINGTON HEIGHTS, IL 60005
2 Beds1 Baths0 sqft4 days
1115 Algonquin Road·ARLINGTON HEIGHTS, IL 60005
2Bedrooms
1Bathrooms
0Sq Ft
1966Year Built
About This Home

Rarely available 2 bedroom condo at Briar Trace. Great Arlington Heights location with high rental demand. This unit is currently rented (lease expiration 11/30/2017 and tenant willing to stay). Rent/Income: $975/M; Assessment: $260/M; Taxes: $113/M; Net Operating Income: $7,224/Y; Cap Rate: 8%; Cash On Cash (with 20% down): 12%. Great investment opportunity to build up your rental condo portfolio. A true maintenance free investment.

MLS# 09783681Listed October 22, 2017ResidentialSubdivision: BRIAR TRACE
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories2
Year Built1966
Lot SizeCOMMON

Location

CountyCook
TownshipELK GROVE
SubdivisionBRIAR TRACE
Zip Code60005

Financial

List Price$89,500
Annual Taxes (2016)$1,356
Monthly Tax Est.$113
Parcel #08154020251070
Interior Features

Appliances

RangeDishwasherRefrigerator

Heating

Baseboard

Cooling

Wall Unit(s)

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

AssignedOn SiteOther
HOA & Community
HOA Fee
$260
Monthly

HOA Includes

HeatWaterParkingInsuranceLawn CareScavengerSnow Removal
Schools
Elementary
JULIETTE LOW ELEMENTARY SCHOOL
District: 59
Middle School
HOLMES JUNIOR HIGH SCHOOL
District: 59
High School
ROLLING MEADOWS HIGH SCHOOL
District: 214
Tax & Financial
Annual Taxes
$1,356
Tax Year 2016
Monthly Tax Est.
$113
per month
Property Location

1115 Algonquin Road, ARLINGTON HEIGHTS, IL 60005 — Cook County

$89,500
1115 Algonquin Road
2 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
COMMON
$1,356/yr taxes
$260 HOA (monthly)
$843
estimated monthly payment
Principal & Interest
$470/mo
Property Tax
$113/mo
HOA
$260/mo
$89,500
20% — $17,900
3%50%
6.875%
3%12%
Loan Amount
$71,600
Down Payment
$17,900

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX City
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