1115 E Algonquin Rd. #10, Arlington Heights, IL 60005

1115 E Algonquin Rd. #10, Arlington Heights, IL 60005
Photo 1 of 2
$83,000
Sold on 11/07/17
Beds Baths Sq. Ft. Taxes Built
2 1.00 800 $1,356 1966
On the market: 16 days
View full details, 15 photos, school info, and price history
Rarely available 2 bedroom condo at Briar Trace. Great Arlington Heights location with high rental demand. This unit is currently rented (lease expiration 11/30/2017 and tenant willing to stay). Rent/Income: $975/M; Assessment: $260/M; Taxes: $113/M; Net Operating Income: $7,224/Y; Cap Rate: 8%; Cash On Cash (with 20% down): 12%. Great investment opportunity to build up your rental condo portfolio. A true maintenance free investment.
Listing courtesy of Andrew Filipowski, RE/MAX City