1111 E Algonquin Rd #16, Arlington Heights, IL 60005
About this home
2 bedroom second floor condo at Briar Trace. Great Arlington Heights location with high rental demand. This unit has just been rented out (lease expiration 9/30/2018). Rent/Income: $1,000/M; Assessment: $262/M; Taxes: $114/M; Net Operating Income: $7,488/Y; Cap Rate: 8%; Cash On Cash (with 20% down): 15%. Great investment opportunity to build up your rental condo portfolio (2nd unit also available for sale at similar terms with lease expiration 11/30/2017 and tenant willing to stay). A true maintenance free investment.
SOLD IN AS-IS CONDITION/ ADDENDUM REQUIRED AFTER OFFER IS ACCEPTED/NO SURVEY NOR DISCLOSURES/BUYER RESPONSIBLE FOR ALL INSPECTIONS/VERIFICATION OF FUNDING MUST ACCOMPANY OFFER/(E-MONEY MUST BE CERTIFIED FUNDS ONLY)/FAX ALL OFFERS.
MRED as Distributed by MLS Grid #07191003
Apr 29, 2009
Listing Removed
—
MRED as Distributed by MLS Grid #06546488
Jan 6, 2009
Listing Removed
—
Oct 22, 2008
Contingent
—
Public Records
Jun 16, 2006
Sold
$140,000
$175/sq ft
Public Records
Apr 18, 2005
Sold
$135,000
$169/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$2,444 (+4.8%)
$3,307 + $9,650
$12,957
2022
$2,332 (+14.8%)
$3,306 + $6,141
$9,447
2021
$2,031 (+2.9%)
$3,156 + $4,032
$7,188
2020
$1,973 (−2.1%)
$3,156 + $4,032
$7,188
2019
$2,015 (+36.0%)
$3,156 + $4,947
$8,103
2018
$1,482 (+1.5%)
$2,705 + $2,594
$5,299
2017
$1,461 (+6.9%)
$2,705 + $2,594
$5,299
2016
$1,367 (+8.0%)
$2,705 + $2,594
$5,299
2015
$1,265 (+1.4%)
$2,404 + $2,157
$4,561
2014
$1,248 (+2.5%)
$2,404 + $2,157
$4,561
2013
$1,218 (+11.1%)
$2,404 + $2,157
$4,561
2012
$1,096 (+5.0%)
$1,878 + $2,711
$4,589
2011
$1,044 (+1.5%)
$1,878 + $2,711
$4,589
2010
$1,029 (−56.3%)
$1,878 + $2,711
$4,589
2009
$2,356 (+29.1%)
$2,149 + $9,244
$11,393
2008
$1,825 (+1.1%)
$3,439 + $8,812
$12,251
2007
$1,805
$3,439 + $8,812
$12,251
Tax history for 1111 E Algonquin Rd #16
Year
Property tax
Land + Additions
Assessment*
2023
$2,444 (+4.8%)
$3,307 + $9,650
$12,957
2022
$2,332 (+14.8%)
$3,306 + $6,141
$9,447
2021
$2,031 (+2.9%)
$3,156 + $4,032
$7,188
2020
$1,973 (−2.1%)
$3,156 + $4,032
$7,188
2019
$2,015 (+36.0%)
$3,156 + $4,947
$8,103
2018
$1,482 (+1.5%)
$2,705 + $2,594
$5,299
2017
$1,461 (+6.9%)
$2,705 + $2,594
$5,299
2016
$1,367 (+8.0%)
$2,705 + $2,594
$5,299
2015
$1,265 (+1.4%)
$2,404 + $2,157
$4,561
2014
$1,248 (+2.5%)
$2,404 + $2,157
$4,561
2013
$1,218 (+11.1%)
$2,404 + $2,157
$4,561
2012
$1,096 (+5.0%)
$1,878 + $2,711
$4,589
2011
$1,044 (+1.5%)
$1,878 + $2,711
$4,589
2010
$1,029 (−56.3%)
$1,878 + $2,711
$4,589
2009
$2,356 (+29.1%)
$2,149 + $9,244
$11,393
2008
$1,825 (+1.1%)
$3,439 + $8,812
$12,251
2007
$1,805
$3,439 + $8,812
$12,251
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Cook County
APN
08154020251056
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-6
Multiple- Family Dwelling District
The purpose of the R-6 district is to provide areas for medium density multiple- family developments. The minimum area for this District is 1 acre.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking Information
# of Cars: 2
# of Exterior Parking Spaces: 2
Parking Space(s)
Assigned Parking Spaces
Parking On-Site
Interior
Bedroom Information
# of Bedrooms: 2
# of Bedrooms (Above Grade): 2
Master Bedroom Information
Size: 12X11
On Main Level
Wood Laminate Flooring
Bedroom #2 Information
Size: 12X10
On Main Level
Wood Laminate Flooring
Bathroom Information
# of Baths (Full): 1
Living Room Information
Size: 22X19
On Main Level
Wood Laminate Flooring
Dining Room Information
Combined with Living Room
Size: COMBO
On Main Level
Kitchen Information
Size: 15X10
Eating Area (Breakfast Bar)
On Main Level
Vinyl Flooring
Equipment
Oven/Range, Microwave, Dishwasher, Refrigerator
Heating & Cooling
Baseboard Heating
1 Window/Wall Air Conditioning Unit
Exterior
Building Information
# of Units: 20
Sq. Ft. Source: Estimated
Built Before 1978
Age: 51-60 Years
Brick Exterior
Property Features
Currently Leased
For Investors, Can Owner Rent Unit? (Y/N): Yes
Lease Expiration Date: Sunday, September 30, 2018 5:00 AM
Lot Information
Dimensions: COMMON
Property Information
# of Rooms: 5
Ownership: Condo
Aprox. Total Finished Sq. Ft.: 0
School Bus Service
Parcel Identification Number: 08154020251056
Financial
Financial Information
Tax: $1,367
Tax Year: 2016
Special Service Area: N
Finance Code: Cash
Utilities
Utility Information
Water: Public
Sewer (Public)
Location
Community Information
Manager Off-Site
Pets Allowed
Cats OK
Homeowners Association Information
Assessments/Association Dues: $262
Frequency: Monthly
Assessment Includes: Includes Heat, Includes Water, Includes Parking, Includes Common Insurance, Includes Lawn Care, Includes Scavenger, Includes Snow Removal
School Information
Elementary School: JULIETTE LOW ELEMENTARY SCHOOL
Elementary School District: 59
Junior High: HOLMES JUNIOR HIGH SCHOOL
Junior High District: 59
High School: ROLLING MEADOWS HIGH SCHOOL
High School District: 214
Location Information
Subdivision: BRIAR TRACE
Township: ELK GROVE
Corporate Limits: ARLINGTON HEIGHTS
Directions: Algonquin Rd East of Arlington Heights Rd & just West of Dempster. On South side of Algonquin Rd.
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 08154020251056
Home facts updated by county records on Sep 14, 2026