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    2341 Algonquin Pkwy Rolling Meadows, IL 60008-3672
    Property profile & analytics

    2341 Algonquin Pkwy, Rolling Meadows, IL 60008-3672

    View on Map

    • Garden apartment buildings
    • 10,628 SF
    • 0.40 lot acres
    Off-Market
    Last Sale Nov 19, 2021
    $1,250,000
    Property ID
    US28-2311006
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,360,000
    Show details
    Cap Rate Potential
    8.6%
    Garden apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Mobile Premium Detailing / Car Wash

    Property Details for 2341 Algonquin Pkwy

    Year built
    1971
    Lot size
    0.40 lot acres
    Property type
    Garden apartment buildings
    APN
    08-08-208-005
    APU
    808208005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 20, 2024 — Gma North 1 LLC — Deed · related $1.2M · First State Bank
    Nov 19, 2021 $1,250,000 Gma North 1 LLC Chicago Title Land Trust Company Deed $980k · First State Bank
    Oct 14, 2016 — Trust 5497-5 — Deed · related $585k · Ben Franklin Bk/il
    — — Juan Flores — Deed Of Trust · related $550k · Bank One NA
    — — Trust 5497-5 — Deed Of Trust · related $585k · Ben Franklin Bk/il

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,425,000
      ML approach
      $1,385,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,055,000
      6.5%
      $1,895,000
      7%
      $1,760,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,864,000
      Market price range: $1.06M - $2.50M
      AI Estimate
      $1,496,000
      Market price range: $1.10M - $1.79M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,765,000
      Current use
      RETAIL STORES
      $1,585,000
      Change: -10% Conversion: Difficult
      OFFICE BUILDING
      $1,420,000
      Change: -20% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Rolling Meadows
    County
    Cook
    State
    Illinois
    Longitude
    -88.0093
    Latitude
    42.0595
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $39,270
    $25,897
    $108,501
    $134,398
    -
    $258,970
    $1,085,010
    $1,343,980
    More about this property
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