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.
| MLS # | 12690861 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $358 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 56 |
| Listing Provided By | Compass | Alexandre Stoykov |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 960 |
| Garage | 1 |
| Story(s) | 1 |
| Rooms Total | 5 |
|---|---|
| Cooling | Central Air |
| Heating | Natural Gas, Forced Air |
| Interior Features | Cathedral Ceiling(s), Walk-In Closet(s) |
| Appliances | Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal |
| Fireplaces Total | 0 |
| Laundry Features | Washer Hookup, In Unit |
| Window Features | Screens |
| Exterior Features | Balcony |
|---|---|
| Lot Features | Cul-De-Sac |
| Construction Materials | Brick |
| Parking Features | Garage Door Opener, Yes, Garage Owned, Attached, Garage |
|---|---|
| Garage Spaces | 1 |
| Sewer | Public Sewer |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 6656 |
| State | IL |
|---|---|
| County | Lake |
| City | Buffalo Grove |
| Zip Code | 60089 |
| Area | Buffalo Grove |
| Community Name | Lexington in the Park |
| School District | Adlai E Stevenson High School |
| Elementary School | Ivy Hall Elementary School |
| High School | Adlai E Stevenson High School |
| Listing VS Median (in Lexington in the Park) | |
Price: $400,000 low | high Med: $400,000 sqft: 960 low | high Med: 980 $ / sqft: $417 low | high Med: $408 On site: 56 low | high Med: 56 | |
| State | IL |
|---|---|
| County | Lake |
| City | Buffalo Grove |
| Zip Code | 60089 |
| Area | Buffalo Grove |
| Community Name | Lexington in the Park |
| School District | Adlai E Stevenson High School |
| Elementary School | Ivy Hall Elementary School |
| High School | Adlai E Stevenson High School |
| Listing VS Median (in Lexington in the Park) | |
Price: $400,000 low | high Med: $400,000 sqft: 960 low | high Med: 980 $ / sqft: $417 low | high Med: $408 On site: 56 low | high Med: 56 | |