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Listing provided courtesy of RE/MAX SAWAMREDas Distributed by MLSGrid- MLS# 12636100MLS Provider

1101 E Algonquin Road #18Arlington Heights, IL 60005

Condo/Townhouse · 1 Bed · 1 Full Bath · 800 Sq. ft.
$130,000 Active

1101 E Algonquin Road #18 Overview

Time on Site:
41 days
Visits:
0

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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1101 E Algonquin Road #18 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 800
  • Price/Sq.ft. $162

Details

General

Association/HOA

  • Association Fee: $250.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

School Information

  • School District: 214
  • Elementary School: John Jay Elementary School
  • Middle Or Junior School: Holmes Junior High School
  • High School: Rolling Meadows High School

Building Information

  • New Construction: No
  • Year Built: 1974

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Arlington Heights
  • Township: Elk Grove

Tax Information

  • Tax Annual Amount: $1,796.00
  • Tax Year: 2023

General Information

  • Ownership: Condo
  • Parcel Number: 08154020251018
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1
  • Bedrooms Possible: 1

General Information

  • Appliances: Range, Refrigerator
  • Basement: None
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Baseboard
  • Living Area: 800
  • Living Area Source: Landlord/Tenant/Seller
  • Other Equipment: Ceiling Fan(s)
  • Rooms Total: 4
  • Stories Total: 2

Unit Information

  • Unit Number: 18

Exterior

Parking Information

  • Parking Features: Yes
  • Parking Total: 1

Lot Information

  • Lot Size Dimensions: COMMON
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Room Information

Room: Dining Room

  • Level: Main
  • Dimensions: COMBO

Room: Kitchen

  • Level: Main
  • Dimensions: 10X10

Room: Living Room

  • Level: Main
  • Dimensions: 19X16

Room: Master Bedroom

  • Level: Main
  • Dimensions: 16X12

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 2

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

1101 E Algonquin Road #18 Neighborhood

Community

60005 (ARLINGTON HEIGHTS) Demographics

43
Median Age
4,411
Population Density (per sq. mile)
61%
College Educated
$87,749
Estimated Median Income
7,896
Estimated Total Home Owners
4,365
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1101 E Algonquin Road #18 Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1101 E Algonquin Road #18 Market Data

Based on the last 30 days in this zip code

$563,243
Average List Price
$302
Average Price per Square Foot
37
Properties Sold
28
Average Days on Market
81
Properties for Sale
Calculations provided by Reliance Network

1101 E Algonquin Road #18 History

Date Event Value Agent
6/22/2026Source: MRED Status Change
Active
6/16/2026Source: MRED Status Change
Re-activated
6/3/2026Source: MRED Status Change
Contingent
5/25/2026Source: MRED Status Change
Active
5/19/2026Source: MRED Added to Database
May 19, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022