1101 E Algonquin Rd Unit 18 Arlington Heights, IL 60005
Mount Shire NeighborhoodEstimated payment $1,114/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2026 06/16/26 | For Sale | $130,000 | 0.0% | $163 / Sq Ft | |
| 06/01/2026 06/01/26 | Pending | -- | -- | -- | |
| 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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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.
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.