Arlington Heights, IL 60005 1101 E Algonquin Road # 18
$130,000



2 more


Presented By: RE/MAX SAWA
Home Details
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!
Presented By: RE/MAX SAWA
Interior Features for 1101 E Algonquin Road # 18
Bedrooms
Bedrooms Possible1
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourceLandlord/Tenant/Seller
BasementNone
Total Number of Units20
Total Stories2
Other Rooms
Room TypeNo additional rooms
General for 1101 E Algonquin Road # 18
AppliancesRange, Refrigerator
Assoc Fee Paid PerMonthly
Association Fee IncludesHeat, Water, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
CityArlington Heights
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyCook
DirectionsFrom I-90 (Jane Addams Tollway), take the exit for Arlington Heights Rd and head north. Turn right onto E Algonquin Rd. Continue east to 1101 E Algonquin Rd; the complex will be on your right. Unit 18
Elementary SchoolJohn Jay Elementary School
Elementary School District59
Full Baths1
HOA Fee$250
HeatingNatural Gas, Baseboard
High SchoolRolling Meadows High School
High School District214
Living Area800
MLS AreaArlington Heights
Middle/Junior High SchoolHolmes Junior High School
Middle/Junior School District59
New ConstructionNo
OwnershipCondo
Pets AllowedCats OK, Dogs OK
PossessionClosing
Property TypeResidential
Property TypeAttached Single
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Sub TypeCondo
Tax Annual Amount1796
Tax Year2023
Total Rooms4
TownshipElk Grove
Unit Number18
Year Built1974
Exterior for 1101 E Algonquin Road # 18
BuyerOfficeFax(847) 580-4915
Lot DimensionsCOMMON
Other EquipmentCeiling Fan(s)
Parking FeaturesYes
Total Parking1
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
John Jay Elementary School
High School
Rolling Meadows High School
Middle School
Holmes Junior High School

SQFT • 800