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    2508 Algonquin Rd, Unit 16 Rolling Meadows, IL 60008

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    For Sale
    $154,000

    Two-bedroom, one-bath condo with basement storage and convenient location.

    Property Features for 2508 Algonquin Rd

    General Information

    Interior features
    1, : "Natural Gas", "2": "Window Unit(s)"

    Building Details

    Year built
    1973

    Source: CENTURY 21 New Heritage West Agent Romeo Lopez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    First Floor Condo Unit

    This is a first-floor, two-bedroom, one-bath condo unit. It features a dedicated eating area and additional storage space in the basement. The Homeowner's Association (HOA) fee covers heat, water, common insurance, lawn care, snow removal, and scavenger services. The property is conveniently located near IL-53, I-355, I-90, and I-290, with restaurants and shopping available within minutes. The unit can be rented to an immediate family member.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rolling Meadows
    County
    Cook
    State
    Illinois
    Longitude
    -88.0120907
    Latitude
    42.0611597

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    FAQs

    What type of property is this?
    Apartment building - Two-bedroom, one-bath condo with basement storage and convenient location.
    Where is this apartment building located?
    The property is located at 2508 Algonquin Rd, Unit 16 Rolling Meadows, IL.
    What is the asking price?
    The asking price for this property is $154,000.
    What are key features of this property?
    This property features: - First floor unit.; - HOA fee includes heat and water.; - Convenient location near multiple interstates (IL-53, I-355, I-90, and I-290).
    Request Owner's contact information
    2508 Algonquin Rd, Unit 16 Rolling Meadows, IL 60008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2508 Algonquin Rd, Unit 16 Rolling Meadows, IL 60008
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