$85,000

beds

bath

800

square ft

1111 E Algonquin Road #16

ARLINGTON HEIGHTS, Illinois 60005

Closed / MLS #9759119 / Condo / Arlington Heights

Listing information updated 10/22/2017 at 3:55am

2 bedroom second floor condo at Briar Trace. Great Arlington Heights location with high rental demand. This unit has just been rented out (lease expiration 9/30/2018). Rent/Income: $1,000/M; Assessment: $262/M; Taxes: $114/M; Net Operating Income: $7,488/Y; Cap Rate: 8%; Cash On Cash (with 20% down): 15%. Great investment opportunity to build up your rental condo portfolio (2nd unit also available for sale at similar terms with lease expiration 11/30/2017 and tenant willing to stay). A true maintenance free investment.

Full Features

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

1 (Window/Wall Unit)

Heating System:

Baseboard

Main Level Primary Bedroom:

Yes

Fireplace:

Pool:

Age:

51-60 Years

Parking Type:

Space/s - Assigned Spaces

Parking Spaces:

Water Front:

Square Feet:

800

Pet Information:

Cats OK

Room Information

Living Room:

22x19

Dining Room:

combo

Kitchen:

15x10

Primary Bedroom:

12x11 - Main Level

2nd Bedroom:

12x10

Taxes & Assessments

Tax Amount:

$1,367

Tax Year:

2016

Assessments:

$262 / month

Location

Zip Code:

60005

City:

Arlington Heights

County:

Cook

Schools

School District(s):

59, 214

Elementary School:

Juliette Low Elementary School

Middle School:

Holmes Junior High School

High School:

Rolling Meadows High School

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

1 (Window/Wall Unit)

Heating System:

Baseboard

Main Level Primary Bedroom:

Yes

Fireplace:

Pool:

Age:

51-60 Years

Parking Type:

Space/s - Assigned Spaces

Parking Spaces:

Water Front:

Square Feet:

800

Pet Information:

Cats OK

Living Room:

22x19

Dining Room:

combo

Kitchen:

15x10

Primary Bedroom:

12x11 - Main Level

2nd Bedroom:

12x10

Tax Amount:

$1,367

Tax Year:

2016

Assessments:

$262 / month

Zip Code:

60005

City:

Arlington Heights

County:

Cook

School District(s):

59, 214

Elementary School:

Juliette Low Elementary School

Middle School:

Holmes Junior High School

High School:

Rolling Meadows High School

Listing Office: RE/MAX City

Listing Office Phone: 773.775.0600

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/22/2017 at 3:55am. 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 listings have been excluded from this website.