Active

$130,000

1101 E Algonquin Rd APT 18, Arlington Heights, IL 60005

1beds

800sqft

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Condominium, Single Family Residence

Built in 1974

-- sqft lot

$-- Zestimate^®

$163/sqft

$250/mo HOA

What's special

Practical layout

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!

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: No additional rooms

Primary bedroom

Level: Main
Area: 192 Square Feet
Dimensions: 16X12

Dining room

Level: Main
Dimensions: COMBO

Kitchen

Level: Main
Area: 100 Square Feet
Dimensions: 10X10

Living room

Level: Main
Area: 304 Square Feet
Dimensions: 19X16

Heating

Natural Gas, Baseboard

Cooling

Window Unit(s)

Appliances

Included: Range, Refrigerator

Features

Basement: None

Interior area

Total structure area: 0
Total interior livable area: 800 sqft

Property

Parking

Total spaces: 1
Parking features: Yes

Accessibility

Accessibility features: No Disability Access

Details

Parcel number: 08154020251018
Special conditions: None
Other equipment: Ceiling Fan(s)

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Single Family Residence

Materials

Brick

Condition

New construction: No
Year built: 1974

Utilities & green energy

Sewer: Public Sewer
Water: Lake Michigan

Community & HOA

HOA

Has HOA: Yes
Services included: Heat, Water, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
HOA fee: $250 monthly

Location

Region: Arlington Heights

Financial & listing details

Price per square foot: $163/sqft
Tax assessed value: $69,450
Annual tax amount: $1,796
Ownership: Condo

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/22/2026	Listing removed	$130,000$163/sqft
Source: REMAX Report a problem
5/20/2026	Listed for sale	$130,000+390.6%$163/sqft
Source: REMAX Report a problem
1/31/2012	Sold	$26,500-8.3%$33/sqft
Source: MRED as distributed by MLS GRID #07958638 Report a problem
12/13/2011	Listed for sale	$28,900$36/sqft
Source: Pearson Group LLC #07958638 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$6,945 +0%
2023	$1,796 +4.8%	$6,944
2022	$1,714 +14.8%	$6,944 +31.4%
2021	$1,493 +2.9%	$5,284
2020	$1,451 -2.1%	$5,284 -11.3%
2019	$1,481 +36%	$5,956 +52.9%
2018	$1,089 +1.5%	$3,895
2017	$1,074 +6.9%	$3,895
2016	$1,005 +23%	$3,895 +32.3%
2015	$817 +1.3%	$2,945
2014	$806 +2.5%	$2,945
2013	$787 -2.3%	$2,945 -12.7%
2012	$806 +5%	$3,373
2011	$768 +1.5%	$3,373
2010	$756 -56.3%	$3,373 -59.7%
2009	$1,731 +9.6%	$8,373 -7%
2008	$1,579 +2%	$9,004
2007	$1,549 -1.1%	$9,004 +5.5%
2006	$1,566 +1.6%	$8,532
2005	$1,541 +2%	$8,532 -2%
2004	$1,510	$8,703

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 60005

Nearby schools

GreatSchools rating

5/10
John Jay Elementary School
Grades: K-5Distance: 0.2 mi
7/10
Holmes Jr High School
Grades: 6-8Distance: 1 mi
8/10
Rolling Meadows High School
Grades: 9-12Distance: 3.1 mi

Schools provided by the listing agent

Elementary: John Jay Elementary School
Middle: Holmes Junior High School
High: Rolling Meadows High School
District: 59

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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