1101 E Algonquin Rd Unit 18 Arlington Heights, IL 60005
Mount Shire NeighborhoodEstimated payment $1,094/month
Highlights
- Living Room
- Laundry Room
- Ceiling Fan
- Rolling Meadows High School Rated A+
- Dining Room
- 5-minute walk to Brownstone Park
About This Home
Excellent investment opportunity in desirable Arlington Heights! This well-maintained condo features a long-term tenant already in place, providing immediate rental income for the next owner. The unit offers bright and functional living spaces, a practical layout, and a highly convenient location. The property is tenant occupied with a month-to-month lease currently in place. Seller will not provide notice to the tenant prior to closing, making this an ideal opportunity for investors seeking a seamless tenant-occupied acquisition and continued cash flow potential. Perfect for investors looking to expand their portfolio with a stable income-producing property in a strong rental market. Please allow 24- to 48-hour notice for all showings. Showings are available during late afternoon and evening hours only. Don't miss this turnkey investment opportunity!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,796
Year Built
- Built in 1974
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
Interior Spaces
- 800 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- Range
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- 1 Parking Space
- Parking Available
Schools
- John Jay Elementary School
- Holmes Junior High School
- Rolling Meadows High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, exterior maintenance, lawn care, scavenger, snow removal
- 20 Units
- Edward Horak Association, Phone Number (773) 774-5693
- Property managed by Briar Trae Condo Association
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,796 | $10,730 | $2,431 | $8,299 |
| 2024 | $1,796 | $6,945 | $2,431 | $4,514 |
| 2023 | $1,714 | $6,945 | $2,431 | $4,514 |
| 2022 | $1,714 | $6,945 | $2,431 | $4,514 |
| 2021 | $1,493 | $5,284 | $2,320 | $2,964 |
| 2020 | $1,451 | $5,284 | $2,320 | $2,964 |
| 2019 | $1,481 | $5,956 | $2,320 | $3,636 |
| 2018 | $1,089 | $3,895 | $1,988 | $1,907 |
| 2017 | $1,074 | $3,895 | $1,988 | $1,907 |
| 2016 | $1,005 | $3,895 | $1,988 | $1,907 |
| 2015 | $817 | $2,945 | $1,767 | $1,178 |
| 2014 | $806 | $2,945 | $1,767 | $1,178 |
| 2013 | $787 | $2,945 | $1,767 | $1,178 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/20/2026 05/20/26 | For Sale | $130,000 | +390.6% | $163 / Sq Ft | |
| 01/31/2012 01/31/12 | Sold | $26,500 | -8.3% | -- | View Prior Sale |
| 01/13/2012 01/13/12 | Pending | -- | -- | -- | |
| 12/11/2011 12/11/11 | For Sale | $28,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | $26,500 | Attorneys Title Guaranty Fun | |
| Legal Action Court Order | -- | None Available | |
| Deed | $89,000 | Cti | |
| Deed | $89,000 | Cti |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $71,200 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12636100
APN: 08-15-402-025-1018
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.