$ 400,000
-
$400,000
Price -
2
Bed -
1
Bath -
1,034
SqFt
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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 ®
12690966
Year Built
1985
Total Square Footage
1,034
Lot/Acreage
COMMON
County
Lake
Area
Buffalo Grove
HOA Dues
327/Monthly
School District
96
Elementary School
Willow Grove Kindergarten Ctr
Middle School
Twin Groves Middle School
High School
Adlai E Stevenson High School
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances: TV-Cable
- Air Cond: Central Air
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Number Limit
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: COMMON
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Attached,Garage
Financial Details
- Tax Amount: $5,259
- Taxes w/Assessments: N/A
- Tax/Property ID: 15323092120000
- Tax Year: 2024
Payment Calculator
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Questions About..
1181 Auburn Ln Unit 1181 Buffalo Grove, IL 60089
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