$ 400,000
-
$400,000
Price -
2
Bed -
1
Bath -
1,000
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 87291 - 147785
One of the six units in this rare opportunity to acquire a six-unit condominium investment portfolio in Buffalo Grove, all located within the highly acclaimed Adlai E. Stevenson High School district. This package includes six separately deeded, fully occupied units generating immediate rental income. Four of the six units have been renovated, providing a strong balance of current value and future upside. Current rents are below market, offering significant potential for increased cash flow. At market rental rates, annual rental income could increase from approximately $151,200 to $165,600, representing an additional $14,400 per year (approximately 9.5% upside). A unique opportunity for investors seeking a turnkey portfolio in one of the North Shore's most desirable rental markets.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Condo/Townhome
MLS ®
12690890
Year Built
1986
Total Square Footage
1,000
Lot/Acreage
COMMON
County
Lake
Neighborhood
Lexington in the Park
Area
Buffalo Grove
HOA Dues
331/Monthly
School District
96
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Humidifier
- Air Cond: Central Air
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Size Limit
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: COMMON
- Roof: Asphalt
- Others: Balcony
- Sewer: Storm Sewer
- Parking Features: Yes,Attached,Garage
Financial Details
- Tax Amount: $6,283
- Taxes w/Assessments: N/A
- Tax/Property ID: 15323090050000
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
257 Ashland Ct Unit 257 Buffalo Grove, IL 60089
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
