This 4-bed, 1-bath, 1,512 sqft single-family ranch in Rolling Meadows is positioned in a strong rent market, with current comp and market data supporting a monthly rent of about $3,300. Annual gross revenue potential is roughly $39.6K. Compared to the $275K list, the payback period (ignoring costs/taxes) is about 7-8 years, which is quite competitive for the area. The property’s large lot, proximity to top schools, and access to parks and transit enhance its appeal. However, just one bath for four bedrooms could limit rent upside unless addressed.
To maximize rental value, consider adding a second bathroom—this would differentiate the property among local comps and appeal to larger families or groups. Cosmetic updates in the kitchen or flooring could also boost desirability. If selling, market the lot size, flexible living spaces, and family-friendly location, but be upfront about the bathroom limitation. Highlighting the proximity to the proposed Chicago Bears site could attract investor attention.