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$130,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 800 Sq. Ft.
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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!

Full Property Details for 1101 E Algonquin Rd #18

General

  • Price: $130,000
  • HOA FEE: $250/month
  • Taxes: $1,796 (2023)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12636100

Interior

  • Basement: None
  • Appliances: Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Equipment: Ceiling Fan(s)
  • Other Features: School Bus Service, Interstate Access

Parking

  • Total Spaces: 1
  • Parking Features: Yes

Location

  • Area: Arlington Heights
  • County: Cook
  • Township: Elk Grove
  • Driving Directions: From 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 is located within the complex.

School Information

  • School District: 59
  • Elem School District: 59
  • Midd School District: 59
  • High School District: 214
  • Elementary School: John Jay Elementary School
  • Middle School: Holmes Junior High School
  • High School: Rolling Meadows High School
  • Private School: Rolling Meadows High School

Community

  • Assoc. Fees Include: Heat, Water, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 99lbs.
  • Mgmt. Company: Briar Trae Condo Association

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Natural Gas, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Entry Floor Number: 2
  • Stories/Levels: 2
  • Square Feet: 800
  • Sq. Ft. Source: Landlord/Tenant/Seller
  • Year Built: 1974
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 20

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $250
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1974
  • Tax Amount: $1,796
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 8154020251018

Listed by Re/Max Sawa

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Listing agent

— 1101 E Algonquin Rd #18 —

  • Re/Max Sawa

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1101 E Algonquin Rd #18

School Districts:Community Consolidated School District 59, Township High School District 214
NameGradesDistance
John Jay Elementary School
1835 West Pheasant Trail, Mount Prospect, IL 60056
K-50.2 mi
Holmes Jr High School
1900 West Lonnquist Boulevard, Mount Prospect, IL 60056
6-81 mi
Rolling Meadows High School
2901 Central Road, Rolling Meadows, IL 60008
9-123.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1101 E Algonquin Rd #18

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,796
—
$10,730
55%
2023
$1,796
5%
$6,944
—
2022
$1,714
15%
$6,944
31%
2021
$1,493
3%
$5,284
—
2020
$1,451
-2%
$5,284
-11%
2019
$1,481
36%
$5,956
53%
2018
$1,089
1%
$3,895
—
2017
$1,074
7%
$3,895
—
2016
$1,005
23%
$3,895
32%
2015
$817
1%
$2,945
—
2014
$806
2%
$2,945
—
2013
$787
-2%
$2,945
-13%
2012
$806
—
$3,373
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Re/Max Sawa

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1101 E Algonquin Road #18, Arlington Heights, IL 60005 (MLS# 12636100) is a Condo property with 1 bedroom and 1 full bathroom. 1101 E Algonquin Road #18 is currently listed for $130,000 and was received on May 20, 2026. Want to learn more about 1101 E Algonquin Road #18? Do you have questions about finding other Condo real estate for sale in Arlington Heights? You can browse all Arlington Heights real estate or contact a Coldwell Banker agent to request more information.

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