1101 E Algonquin Road 18,Arlington Heights, IL 60005
Arlington Heights, IL 60005
Description
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!
Details
| MLS # | 12636100 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $250 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1974 |
| Days On Site | 92 |
| Listing Provided By | RE/MAX SAWA | Muhammad Haroon |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 800 |
| Story(s) | 2 |
Interior
| Rooms Total | 4 |
|---|---|
| Cooling | Window Unit(s) |
| Heating | Natural Gas, Baseboard |
| Appliances | Range, Refrigerator |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 1796 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Arlington Heights |
| Zip Code | 60005 |
| Area | Arlington Heights |
| School District | Rolling Meadows High School |
| Elementary School | John Jay Elementary School |
| High School | Rolling Meadows High School |
| Listing VS Median (in 60005) | |
Price: $130,000 low | high Med: $280,000 sqft: 800 low | high Med: 1,306 $ / sqft: $163 low | high Med: $214 On site: 92 low | high Med: 27 | |
Market Activity 60005
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Arlington Heights |
| Zip Code | 60005 |
| Area | Arlington Heights |
| School District | Rolling Meadows High School |
| Elementary School | John Jay Elementary School |
| High School | Rolling Meadows High School |
| Listing VS Median (in 60005) | |
Price: $130,000 low | high Med: $280,000 sqft: 800 low | high Med: 1,306 $ / sqft: $163 low | high Med: $214 On site: 92 low | high Med: 27 | |
